Otis Worldwide 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	1,455	1,734	1,498	1,369	1,420
Depreciation & Amortization	175	181	193	191	203
Stock-Based Compensation	80	73	64	67	65
Other Adjustments	-104	-81	-61	-16	-92
Change in Receivables	-111	-68	-239	-309	-152
Changes in Inventories	-25	26	15	-65	14
Changes in Accounts Payable	181	57	152	272	130
Changes in Accrued Expenses	-140	85	33	-84	72
Changes in Unearned Revenue	-71	-40	-30	38	53
Changes in Other Operating Activities	156	-404	2	97	37
Operating Cash Flow	1,596	1,563	1,627	1,560	1,750
Operating Cash Flow Growth	2.11%	-3.93%	4.29%	-10.86%	18.24%
Capital Expenditures	-152	-126	-138	-115	-156
Sale of Property, Plant & Equipment	60	6	7	-	-
Proceeds from Sale of Investments	-	-9	4	-7	40
Payments for Business Acquisitions	-109	-87	-36	-46	-80
Proceeds from Business Divestments	-	-	-	61	-
Other Investing Activities	-205	52	-20	74	107
Investing Cash Flow	-406	-164	-183	-33	-89
Long-Term Debt Issued	667	1,497	747	-	2,182
Long-Term Debt Repaid	-1,300	-	-534	-500	-503
Net Long-Term Debt Issued (Repaid)	-633	1,497	213	-500	1,679
Repurchase of Common Stock	-809	-1,007	-800	-850	-725
Net Common Stock Issued (Repurchased)	-809	-1,007	-800	-850	-725
Common Dividends Paid	-647	-606	-539	-465	-393
Other Financing Activities	-332	-193	-224	-1,837	-503
Financing Cash Flow	-2,421	-309	-1,350	-3,652	58
Effect of Exchange Rate Changes on Cash and Cash Equivalents	15	-49	-9	-157	-43
Net Cash Flow	-1,216	1,041	85	-2,282	1,676
Free Cash Flow	1,444	1,437	1,489	1,445	1,594
Free Cash Flow Growth	0.49%	-3.49%	3.04%	-9.35%	22.90%
FCF Margin	10.01%	10.08%	10.48%	10.56%	11.15%
Free Cash Flow Per Share	3.66	3.55	3.59	3.42	3.69
Levered Free Cash Flow	875	2,921	1,846	1,087	3,278
Unlevered Free Cash Flow	1,729	1,487	1,839	1,808	1,879

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.