ONEOK Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	3,393	3,035	2,659	1,722	1,500
Depreciation & Amortization	1,514	1,134	769	626	622
Loss (Gain) From Sale of Assets	-	-227	-	-	-
Loss (Gain) on Equity Investments	11	-49	-	-1	1
Other Operating Activities	1,061	1,038	635	617	566
Change in Accounts Receivable	-683	49	107	-148	-611
Change in Inventory	-263	17	118	-62	-105
Change in Accounts Payable	671	114	-62	-26	622
Change in Other Net Operating Assets	-105	-223	195	178	-49
Operating Cash Flow	5,599	4,888	4,421	2,906	2,546
Operating Cash Flow Growth	14.55%	10.56%	52.13%	14.14%	34.07%
Capital Expenditures	-3,152	-2,021	-1,595	-1,202	-697
Cash Acquisitions	-25	-5,829	-5,015	-	-
Divestitures	-	1,200	-	-	-
Investment in Securities	-622	-111	-207	17	18
Other Investing Activities	48	149	413	46	14
Investing Cash Flow	-3,751	-6,612	-6,404	-1,139	-665
Short-Term Debt Issued	820	-	-	-	-
Long-Term Debt Issued	2,989	7,094	5,298	869	-
Total Debt Issued	3,809	7,094	5,298	869	-
Long-Term Debt Repaid	-2,979	-2,003	-1,300	-896	-605
Total Debt Repaid	-2,979	-2,003	-1,300	-896	-605
Net Debt Issued (Repaid)	830	5,091	3,998	-27	-605
Repurchase of Common Stock	-75	-159	-	-	-
Preferred Dividends Paid	-	-1	-1	-1	-1
Common Dividends Paid	-	-2,312	-1,838	-1,671	-1,666
Dividends Paid	-2,583	-2,313	-1,839	-1,672	-1,667
Other Financing Activities	-675	-135	-58	6	13
Financing Cash Flow	-2,503	2,119	2,101	-1,693	-2,259
Net Cash Flow	-655	395	118	74	-378
Free Cash Flow	2,447	2,867	2,826	1,704	1,849
Free Cash Flow Growth	-14.65%	1.45%	65.84%	-7.84%	-
Free Cash Flow Margin	7.28%	13.21%	15.99%	7.61%	11.18%
Free Cash Flow Per Share	3.91	4.89	5.82	3.80	4.13
Cash Interest Paid	1,732	1,297	653	582	692
Cash Income Tax Paid	74	102	37	59	9
Levered Free Cash Flow	725.38	1,440	1,231	706.94	1,066
Unlevered Free Cash Flow	1,840	2,297	1,772	1,129	1,525
Change in Working Capital	-380	-43	358	-58	-143

Source: S&P Global Market Intelligence. Standard template. Financial Sources.