EMC Corporation

Company Cash Flow

Cash Flow From Operating Activities
	Dec 2007	Dec 2006	Dec 2005	Dec 2004
Net Income (Loss)	1.67B	1.22B	1.13B	871.19M
Operating Gains/Losses	-129.28M	27.27M	126.31M	73.52M
Extraordinary Gains / Losses	0.00	0.00	0.00	0.00
(Increase) Decrease In Receivables	-576.42M	-232.30M	-221.51M	-208.60M
(Increase) Decrease in Inventories	13.57M	-69.57M	-180.44M	21.08M
(Increase) Decrease In Other Current Assets	0.00	0.00	-65.15M	-20.55M
(Decrease) Increase In Payables	155.30M	59.63M	12.19M	108.83M
(Decrease) Increase In Other Current Liabilities	35.93M	-164.08M	693.36M	339.16M
(Increase) Decrease In Other Working Capital	824.67M	195.07M	0.00	0.00
Other Non-Cash Items	288.28M	468.21M	0.00	0.00
Net Cash From Continuing Operations	3.13B	2.14B	2.22B	2.10B
Net Cash From Discontinued Operations	0.00	0.00	0.00	0.00
Cash Provided By Investing Activities
Net Cash From Total Operating Activities	3.13B	2.14B	2.22B	2.10B
Sale of Property, Plant & Equipment	0.00	0.00	0.00	0.00
Cash Used for Investing Activities
Sale of Short-Term Investments	6.53B	7.87B	12.98B	7.53B
Purchases of Property, Plant & Equipment	-931.08M	-910.99M	-601.14M	-371.45M
Acquisitions	-692.00M	-2.62B	-683.66M	-590.41M
Purchases of Short-Term Investments	-6.20B	-6.61B	-12.12B	-8.39B
Other Cash from Investing Activities	137.93M	-20.86M	-195.26M	-244.74M
Cash Provided by Financing Activities
Net Cash From Investing Activities	-1.16B	-2.30B	-611.68M	-2.06B
Issuance of Debt	19.82M	5.65B	220.00K	140.00K
Cash Used for Financing Activities
Issuance of Capital Stock	2.04B	648.93M	263.30M	229.95M
Repayment of Long-Term Debt	-17.18M	-2.33B	-3.72M	-8.20M
Repurchase of Capital Stock	-1.45B	-4.32B	-1.00B	-545.72M
Payment of Cash Dividends	0.00	0.00	0.00	0.00
Other Financing Charges, Net	91.78M	-38.84M	0.00	0.00
Net Cash From Financing Activities	679.49M	-391.97M	-743.62M	-323.82M
Effect of Exchange Rate Changes	10.91M	53.94M	-15.42M	10.06M
Net Change in Cash & Cash Equivalents	1.67B	1.23B	1.13B	871.19M