Investor Presentaiton
Cash Flow Summary
Twelve Months
Ended 3/31/17
2016
2015
Cash From Operations
7,177
6,925
Investment/CapEx
(3,710)
(3,981)
7,175
(5,827)
Free Cash Flow 1
3,467
2,944
1,348
Shareholder Returns
(2,375)
(2,500)
(4,000)
Net Borrowings
1,899
458
2,629
Other
(31)
(13)
(32)
Change in cash
2,960
889
(55)
Cash Balance
4,566
3,218
2,329
Credit Metrics (1)(2)
Target
Adjusted Debt to EBITDAR less
3.3
3.5
3.0
3x to 4x
Maintenance Capital
EBITDAR less Maintenance Capital
5.6
5.4
6.1
5x to 6x
Interest Coverage
1. Free Cash Flow and Credit Metrics are non-GAAP financial measures
$ in Millions
2. Please refer to the Appendix of this presentation for a Non-GAAP Reconciliation of the "Adjusted Debt to EBITDAR less Maintenance Capital"
and "EBITDAR less Maintenance Capital Interest Coverage" measures used on this page pursuant to SEC Regulation G.
BNSF
29View entire presentation