BVL:BMY 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	7,055	-8,933	8,040	6,345	7,014
Depreciation & Amortization	4,011	9,600	9,760	10,276	10,686
Stock-Based Compensation	553	507	518	457	583
Other Adjustments	2,992	13,206	-2,544	-1,783	-815
Change in Receivables	-295	264	-995	-663	-1,054
Changes in Inventories	-184	-486	-751	-69	13
Changes in Accounts Payable	-2	184	198	109	245
Changes in Income Taxes Payable	-4	-1,260	-603	-1,423	-1,063
Changes in Other Operating Activities	30	2,108	237	-183	598
Operating Cash Flow	14,156	15,190	13,860	13,066	16,207
Operating Cash Flow Growth	-6.81%	9.60%	6.08%	-19.38%	15.34%
Capital Expenditures	-1,311	-1,248	-1,209	-1,118	-973
Purchases of Investments	-2,000	-769	-1,774	-3,592	-5,478
Proceeds from Sale of Investments	2,052	1,387	948	6,629	6,775
Payments for Business Acquisitions	-3,944	-21,821	-1,169	-4,286	-1,610
Proceeds from Business Divestments	1,071	1,099	909	1,305	748
Investing Cash Flow	-4,132	-21,352	-2,295	-1,062	-538
Short-Term Debt Issued	-	2,987	-	-	-
Short-Term Debt Repaid	-	-3,000	-	-	-
Net Short-Term Debt Issued (Repaid)	-	-13	-	-	-
Long-Term Debt Issued	5,740	12,883	4,455	5,926	-
Long-Term Debt Repaid	-10,940	-2,873	-3,879	-11,431	-6,022
Net Long-Term Debt Issued (Repaid)	-5,200	10,010	576	-5,505	-6,022
Issuance of Common Stock	-128	-106	27	984	641
Repurchase of Common Stock	-	-	-5,155	-8,001	-6,287
Net Common Stock Issued (Repurchased)	-128	-106	-5,128	-7,017	-5,646
Common Dividends Paid	-5,045	-4,863	-4,744	-4,634	-4,396
Other Financing Activities	25	99	-120	194	-160
Financing Cash Flow	-10,348	5,127	-9,416	-16,962	-16,224
Effect of Exchange Rate Changes on Cash and Cash Equivalents	195	-137	45	-33	-102
Net Cash Flow	-129	-1,172	2,194	-4,991	-657
Free Cash Flow	12,845	13,942	12,651	11,948	15,234
Free Cash Flow Growth	-7.87%	10.21%	5.88%	-21.57%	14.55%
FCF Margin	26.65%	28.87%	28.11%	25.88%	32.84%
Free Cash Flow Per Share	6.30	6.88	6.09	5.57	6.79
Levered Free Cash Flow	4,394	9,947	16,233	8,414	10,478
Unlevered Free Cash Flow	10,106	917.04	14,569	14,411	15,896

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