Google, Inc. (GOOG), is one of the most successful internet firms, and it experienced very rapid growth in revenues from 2011 through 2014. The cash flow statements for Google, Inc., spanning the period are as follows:

Answer the following questions using the information found in these statements:
a. Is Goggle generating positive cash flow from its operations?
b. How much did Goggle invest in new capital expenditures over these four years?
c. Describe Goggle's sources of financing in the financial markets over these four years.
d. Based solely on the cash flow statements for 2011 through 2014, write a brief narrative that describes the major activities of Goggle's management team over these four years.

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(USS millions) Net income 12/31/2014 12/31/2013 12/31/2012 12/31/2011 Amortization Deferred taxes Noncash items Changes in working capital S12,920 2,781 1,158 (437) 2,268 (31) $ 22.376 18.659 S 14,444 3,523 1,456 (104) 2,693 364 $10,737 9,737 1,396 455 343 2,004 630 $16,619 14565 1,988 974 (266) 2,288 898 Cash flow from operating activities (USS millions) Capital expenditures Other investing cash flow 12/31/2014 12/31/2013 12/31/2012 12/31/2011 (10,959) (10.096) (3,273) 9.783 15,603) (7,358) (3,438) items, total Cash flow from 21055 13,679 13,056 9.041 investing activities Interest and financing cash flow items Total cash dividends paid Issuance (retirement) of stock, net Issuance (retirement) of debt, net (1,421) (300) (99) 81 18) 1,328 Cash flow from financing activities 1439) 85 807 Foreign exchange effects 433 Net Change in Cash (551 4,120 4,795 (3,647