Autodesk, Inc.

Condensed Consolidated Statements of Cash Flows

(In millions)

Fiscal Year Ended January 31,

2017

2016

(Unaudited)

Operating activities:

Net loss

$

(579.2)

$

(330.5)

Adjustments to reconcile net loss to net cash provided by operating activities:

Depreciation, amortization and accretion

139.2

145.8

Stock-based compensation expense

221.8

197.2

Deferred income taxes

(37.3)

235.9

Restructuring charges and other facility exit costs, net

80.5

—

Other operating activities

(7.7)

(25.0)

Changes in operating assets and liabilities, net of business combinations:

Accounts receivable

201.5

(195.5)

Prepaid expenses and other current assets

(14.7)

(2.8)

Accounts payable and accrued liabilities

2.7

24.9

Deferred revenue

267.0

360.5

Accrued income taxes

(104.1)

3.5

Net cash provided by operating activities

169.7

414.0

Investing activities:

Purchases of marketable securities

(1,867.9)

(2,250.1)

Sales of marketable securities

1,257.7

329.4

Maturities of marketable securities

1,057.2

1,376.6

Capital expenditures

(76.0)

(72.4)

Acquisitions, net of cash acquired

(85.2)

(148.5)

Other investing activities

(13.8)

(44.5)

Net cash provided by (used in) investing activities

272.0

(809.5)

Financing activities:

Proceeds from issuance of common stock, net of issuance costs

119.6

110.8

Taxes paid related to net share settlement of equity awards

(76.2)

(51.6)

Repurchase and retirement of common stock

(621.7)

(458.0)

Proceeds from debt, net of discount

—

748.3

Other financing activities

—

(6.3)

Net cash (used in) provided by financing activities

(578.3)

343.2

Effect of exchange rate changes on cash and cash equivalents

(3.3)

(5.3)

Net decrease in cash and cash equivalents

(139.9)

(57.6)

Cash and cash equivalents at beginning of fiscal year

1,353.0

1,410.6

Cash and cash equivalents at end of the period

$

1,213.1

$

1,353.0