The amount of cash outflows for the acquisition of fixed and intangible assets during a specific period. Fixed and intangible assets are long-term assets that are used in the production or operation of a business, such as property, plant, equipment, goodwill, patents, and trademarks. Acquisition of fixed and intangible assets refers to the process of purchasing or otherwise obtaining these assets for future use or benefit. Acquisition of fixed and intangible assets may result in an increase in the carrying value and depreciation or amortization expense of these assets. Acquisition of fixed and intangible assets is reported as part of cash flow from investing activities on the cash flow statement.