Using the cash flow statement, answer the following question to the best of your abilities: how much did Block (formerly known as Square) generate in cash flow from operating activities in FY2020? Answer in USD millions.
SQUARE, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands)
Year Ended December 31,
2020
2019
2018
Cash flows from operating activities:
Netincome(loss)
$
213,105
$
375,446
$
(38,453)
Adjustmentstoreconcilenetlosstonetcashprovidedbyoperatingactivities:
Depreciationandamortization
84,212
75,598
60,961
Non-cashinterestandother
76,129
33,478
28,512
Lossonextinguishmentoflong-termdebt
6,651

5,047
Non-cashleaseexpense
70,253
29,696

Share-basedcompensation
397,800
297,863
216,881
Replacementstockawardsissuedinconnectionwithacquisition


899
Gainonsaleofassetgroup

(373,445)

Loss(gain)onrevaluationofequityinvestment
(295,297)
12,326
(20,342)
Transactionandloanlosses
177,670
126,959
88,077
Changeindeferredincometaxes
(8,016)
(1,376)
(646)
Changesinoperatingassetsandliabilities:
Settlementsreceivable
(473,871)
(248,271)
245,795
Customerfunds
(1,151,536)
(204,208)
(131,004)
Purchaseofloansheldforsale
(1,837,137)
(2,266,738)
(1,609,611)
Salesandprincipalpaymentsofloansheldforsale
1,505,406
2,168,682
1,579,834
Customerspayable
1,733,138
523,795
15,597
Settlementspayable
143,528
41,697
(60,651)
Charge-offstoaccruedtransactionlosses
(73,613)
(78,325)
(58,192)
Otherassetsandliabilities
(186,819)
(47,478)
(27,624)
Netcashprovidedbyoperatingactivities
381,603
465,699
295,080
Cash flows from investing activities:
Purchaseofmarketabledebtsecurities
(1,322,362)
(992,583)
(1,000,346)
Proceedsfrommaturitiesofmarketabledebtsecurities
607,134
430,888
197,454
Proceedsfromsaleofmarketabledebtsecurities
585,427
548,619
171,992
Purchaseofmarketabledebtsecuritiesfromcustomerfunds
(642,252)
(311,499)
(148,096)
Proceedsfrommaturitiesofmarketabledebtsecuritiesfromcustomerfunds
382,887
158,055

Proceedsfromsaleofmarketabledebtsecuritiesfromcustomerfunds
51,430
17,493
48,334
Purchaseofpropertyandequipment
(138,402)
(62,498)
(61,203)
Purchaseofotherinvestments
(51,277)
(15,250)

Proceedsfromsaleofequityinvestment

33,016

Purchaseofintangibleassets


(1,584)
Proceedsfromsaleofassetgroup

309,324

Businesscombinations,netofcashacquired
(79,221)
(20,372)
(112,399)
Netcashprovidedby(usedin)investingactivities:
(606,636)
95,193
(905,848)
Cash flows from financing activities:
Proceedsfromissuanceofconvertibleseniornotes,net
2,116,544

855,663
Purchaseofconvertibleseniornotehedges
(338,145)

(172,586)
Proceedsfromissuanceofwarrants
232,095

112,125
Principalpaymentonconversionofseniornotes


(219,384)
ProceedsfromPPPLiquidityFacilityadvances
464,094


Proceedsfromtheexerciseofstockoptionsandpurchasesundertheemployeestockpurchaseplan,net
161,985
118,514
133,850
Paymentsfortaxwithholdingrelatedtovestingofrestrictedstockunits
(314,019)
(212,264)
(189,124)
Otherfinancingactivities
(7,359)
(5,124)
(4,789)
Netcashprovidedby(usedin)financingactivities
2,315,195
(98,874)
515,755
Effectofforeignexchangerateoncashandcashequivalents
12,995
3,841
(7,221)
Netincrease(decrease)incash,cashequivalentsandrestrictedcash
2,103,157
465,859
(102,234)
Cash,cashequivalentsandrestrictedcash,beginningoftheyear
1,098,706
632,847
735,081
Cash,cashequivalentsandrestrictedcash,endoftheyear
$
3,201,863
$
1,098,706
$
632,847
Seeaccompanyingnotestoconsolidatedfinancialstatements.
89
$382.00
The metric cash from operations was directly extracted from the company 10K. The line item name, as seen in the 10K, was: Net cash provided by operating activities.