Spreadsheet: 64665168-470a-4551-9869-09c2005eac12
Sheet: Cash Flow

Autodesk, Inc.
Condensed Consolidated Statements of Cash Flows
(In millions)
 |  | Q1 | Q2 | Q3 | Q4 |  |  | Q1 | Q2 | Q3 | Q4 |  |  | Q1 | Q2 | Q3 | Q4
 |  | April 30, | July 31, | October 31, | January 31, | FY |  | April 30, | July 31, | October 31, | January 31, | FY |  | April 30, | July 31, | October 31, | January 31, | FY
 |  | 2014 | 2014 | 2014 | 2015 | 2015 |  | 2013 | 2013 | 2013 | 2014 | 2014 |  | 2012 | 2012 | 2012 | 2013 | 2013
Operating activities:
Net income |  | 28.3 | 31.3 |  |  | 59.6 |  | 55.6 | 61.7 | 57.6 | 53.9 | 228.8 |  | 78.9 | 64.6 | 29.4 | 74.5 | 247.4
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization and accretion |  | 36.1 | 37.2 |  |  | 73.3 |  | 33.1 | 31.99999999999999 | 30.6 | 33.2 | 128.9 |  | 29.2 | 28.9 | 35 | 34.7 | 127.8
Stock-based compensation expense |  | 33.6 | 39.8 |  |  | 73.4 |  | 33.5 | 31.09999999999999 | 31.5 | 36.1 | 132.2 |  | 33.4 | 33.5 | 51.9 | 37.5 | 156.3
Excess tax benefits from stock-based compensation |  | — | — |  |  | — |  | -9 | 5.8 | 4 | -9.9 | -9.1 |  | -9.9 | -18.2 | 0.7 | 14.5 | -12.9
Restructuring charges (benefits), net |  | 2.3 | 0.8 |  |  | 3.1 |  | 0.4 | 1.7 | 4.4 | 6.3 | 12.8 |  | 0 | 0 | 36.7 | 7.2 | 43.9
Other operating activities |  | 8.3 | -2.8 |  |  | 5.5 |  | 6.7 | -4.7 | -5.1 | -13 | -16.1 |  | -1.1 | 5 | 0.5 | 2.3 | 6.7
Changes in operating assets and liabilities, net of business combinations |  | 110.1 | -10.1 |  |  | 100 |  | 103.8 | -62.3 | -32.4 | 76.9 | 86 |  | 8.8 | -6.7 | 2.9 | -15.1 | -10.1
Net cash provided by operating activities |  | 218.7 | 96.2 |  |  | 314.9 |  | 224.1 | 65.29999999999998 | 90.6 | 183.5 | 563.5 |  | 139.3 | 107.1 | 157.1 | 155.6 | 559.1
Investing activities:
Purchases of marketable securities |  | -306.4 | -377.8 |  |  | -684.2 |  | -264.6 | -432.6999999999999 | -272.5 | -244.4 | -1214.2 |  | -447.8 | -277.5 | -377.8 | -294.6 | -1397.7
Sales of marketable securities |  | 59.2 | 68.1 |  |  | 127.3 |  | 128.1 | 87 | 114.8 | 207.1 | 537 |  | 48.8 | 90.1 | 68.1 | 125.9 | 332.9
Maturities of marketable securities |  | 163.1 | 244 |  |  | 407.1 |  | 68.9 | 163 | 163.2 | 347 | 742.1 |  | 128.5 | 122 | 186.1 | 328.2 | 764.8
Capital expenditures |  | -14.5 | -17.1 |  |  | -31.6 |  | -25.8 | -16.8 | -12.4 | -9.2 | -64.2 |  | -11.5 | -16.7 | -16.5 | -11.7 | -56.4
Acquisitions, net of cash acquired |  | -322.3 | -226 |  |  | -548.3 |  | -34.7 | -12.5 | -20.8 | -108.1 | -176.1 |  | 0 | -69.2 | -135 | -59.5 | -263.7
Other investing activities |  | -0.8 | 0.1 |  |  | -0.7 |  | -3.6 | -1.8 | -10.3 | -2.9 | -18.6 |  | -5 | -13 | -4.1 | -5 | -27.1
Net cash (used in) provided by investing activities |  | -421.7 | -308.7 |  |  | -730.4 |  | -131.7 | -213.8 | -38 | 189.5 | -194 |  | -287 | -164.3 | -279.2 | 83.3 | -647.2
Financing activities:
Proceeds from issuance of common stock, net of issuance costs |  | 62.2 | 29.1 |  |  | 91.3 |  | 70 | 9.799999999999997 | 103.6 | 104.8 | 288.2 |  | 153 | 5.8 | 40.8 | 20.6 | 220.2
Repurchases of common stock |  | -102.5 | -101.8 |  |  | -204.3 |  | -129.2 | -110.6 | -78.9 | -105.1 | -423.8 |  | -99.2 | -111.1 | -130.2 | -90.7 | -431.2
Proceeds from debt |  | — | — |  |  | — |  | 0 | 0 | — | — | — |  | 0 | 0 | 0 | 745.6 | 745.6
Draws on line of credit |  | — | — |  |  | — |  | 0 | 0 | — | — | — |  | 0 | 0 | 110 | 0 | 110
Repayments on line of credit |  | — | — |  |  | — |  | 0 | 0 | — | — | — |  | 0 | 0 | 0 | -110 | -110
Excess tax benefits from stock-based compensation |  | — | — |  |  | — |  | 9 | -5.8 | -4 | 9.9 | 9.1 |  | 9.9 | 18.2 | -0.7 | -14.5 | 12.9
Other financing activities |  | — | -1.7 |  |  | -1.7 |  | 0 | 0 | — | — | — |  | 0 | 0 | 0 | -6.1 | -6.1
Net cash (used in) provided by financing activities |  | -40.3 | -74.4 |  |  | -114.7 |  | -50.2 | -106.6 | 20.7 | 9.6 | -126.5 |  | 63.7 | -87.1 | 19.9 | 544.9 | 541.4
Effect of exchange rate changes on cash and cash equivalents |  | -0.1 | 0.4 |  |  | 0.3 |  | 1.4 | 0.3 | -0.9 | -3 | -2.2 |  | 1.6 | 0 | -1 | 1.4 | 2
Net (decrease) increase in cash and cash equivalents |  | -243.4 | -286.5 |  |  | -529.9 |  | 43.6 | -254.8 | 72.4 | 379.6 | 240.8 |  | -82.4 | -144.3 | -103.2 | 785.2 | 455.3
Cash and cash equivalents at beginning of fiscal year |  | 1853 | 1609.6 |  |  | 1853 |  | 1612.2 | 1655.8 | 1401 | 1473.4 | 1612.2 |  | 1156.9 | 1074.5 | 930.2 | 827 | 1156.9
Cash and cash equivalents at end of period |  | 1609.6 | 1323.1 |  |  | 1323.1 |  | 1655.8 | 1401 | 1473.4 | 1853 | 1853 |  | 1074.5 | 930.2 | 827 | 1612.2 | 1612.2
Note 1:  Certain reclassifications have been made to prior periods to conform to current period presentation.