BVMF:I1FF34 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	-374	243	-2,567	-1,871	270
Depreciation & Amortization	962	1,015	1,142	1,179	1,156
Loss (Gain) From Sale of Assets	225	-10	20	-14	-14
Asset Writedown & Restructuring Costs	1,153	64	2,623	2,370	-
Stock-Based Compensation	88	77	65	49	54
Other Operating Activities	-766	-329	-329	-266	104
Change in Accounts Receivable	-68	-217	51	-117	-169
Change in Inventory	-41	-34	605	-893	-363
Change in Accounts Payable	-57	40	-39	-57	419
Change in Other Net Operating Assets	-272	221	-132	17	-20
Operating Cash Flow	850	1,070	1,439	397	1,437
Operating Cash Flow Growth	-20.56%	-25.64%	262.47%	-72.37%	101.26%
Capital Expenditures	-594	-463	-503	-504	-393
Sale of Property, Plant & Equipment	21	21	27	8	18
Cash Acquisitions	-	-	-	-99	246
Divestitures	2,743	875	1,050	1,169	115
Sale (Purchase) of Intangibles	-2	-5	-	-2	-4
Investment in Securities	-4	-	-	-	-
Other Investing Activities	105	-102	-	173	-
Investing Cash Flow	2,269	326	574	745	-18
Short-Term Debt Issued	314	-	-	273	324
Long-Term Debt Issued	-	-	-	104	3
Total Debt Issued	314	-	-	377	327
Short-Term Debt Repaid	-	-	-187	-421	-
Long-Term Debt Repaid	-2,913	-1,030	-754	-300	-933
Total Debt Repaid	-2,913	-1,030	-941	-721	-933
Net Debt Issued (Repaid)	-2,599	-1,030	-941	-344	-606
Repurchase of Common Stock	-62	-16	-13	-21	-21
Common Dividends Paid	-409	-514	-826	-810	-667
Other Financing Activities	-21	-46	-71	-54	-10
Financing Cash Flow	-3,091	-1,606	-1,851	-1,229	-1,304
Foreign Exchange Rate Adjustments	91	-54	21	-77	-59
Net Cash Flow	119	-264	183	-164	56
Free Cash Flow	256	607	936	-107	1,044
Free Cash Flow Growth	-57.83%	-35.15%	-	-	100.00%
Free Cash Flow Margin	2.35%	5.29%	8.15%	-0.86%	8.96%
Free Cash Flow Per Share	1.00	2.37	3.67	-0.42	4.30
Cash Interest Paid	-	308	370	310	310
Cash Income Tax Paid	-	370	578	329	289
Levered Free Cash Flow	3,120	-999.75	1,951	660.88	-1,153
Unlevered Free Cash Flow	3,263	-809.13	2,189	870.88	-972.13
Change in Working Capital	-438	10	485	-1,050	-133

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