AbbVie 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	-	4,278	4,863	11,836	11,542
Depreciation & Amortization	-	8,386	8,698	8,467	8,521
Loss (Gain) From Sale of Assets	-	-	-	-172	-68
Asset Writedown & Restructuring Costs	-	7,233	5,007	1,467	1,174
Stock-Based Compensation	-	911	747	671	692
Other Operating Activities	-	780	711	2,768	2,147
Change in Accounts Receivable	-	207	66	-1,455	-1,321
Change in Inventory	-	-319	-417	-686	-142
Change in Accounts Payable	-	177	3,840	1,769	1,719
Change in Other Net Operating Assets	-	361	-188	-264	-197
Operating Cash Flow	-	18,806	22,839	24,943	22,777
Operating Cash Flow Growth	-	-17.66%	-8.43%	9.51%	29.50%
Capital Expenditures	-	-974	-777	-695	-787
Cash Acquisitions	-	-20,517	-1,223	-794	-1,902
Investment in Securities	-	482	-22	92	-21
Other Investing Activities	-	189	13	774	366
Investing Cash Flow	-	-20,820	-2,009	-623	-2,344
Short-Term Debt Issued	-	5,008	-	-	-
Long-Term Debt Issued	-	16,963	-	2,000	1,000
Total Debt Issued	-	21,971	-	2,000	1,000
Short-Term Debt Repaid	-	-5,008	-	-	-
Long-Term Debt Repaid	-	-9,613	-4,149	-14,433	-9,414
Total Debt Repaid	-	-14,621	-4,149	-14,433	-9,414
Net Debt Issued (Repaid)	-	7,350	-4,149	-12,433	-8,414
Issuance of Common Stock	-	214	180	262	244
Repurchase of Common Stock	-	-1,708	-1,972	-1,487	-934
Common Dividends Paid	-	-11,025	-10,539	-10,043	-9,261
Other Financing Activities	-	-42	-742	-1,102	-674
Financing Cash Flow	-	-5,211	-17,222	-24,803	-19,039
Foreign Exchange Rate Adjustments	-	-65	5	-62	-97
Net Cash Flow	-	-7,290	3,613	-545	1,297
Free Cash Flow	-	17,832	22,062	24,248	21,990
Free Cash Flow Growth	-	-19.17%	-9.01%	10.27%	30.97%
Free Cash Flow Margin	-	31.65%	40.62%	41.77%	39.13%
Free Cash Flow Per Share	-	10.06	12.44	13.64	12.38
Cash Interest Paid	-	2,811	2,469	2,546	2,712
Cash Income Tax Paid	-	4,064	4,702	2,988	3,648
Levered Free Cash Flow	-	19,978	22,629	21,261	19,394
Unlevered Free Cash Flow	-	21,733	24,019	22,655	20,908
Change in Working Capital	-	-2,782	2,813	-94	-1,231

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