Lumen Technologies 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	-1,739	-55	-10,298	-1,548	2,033
Depreciation & Amortization	2,749	2,956	2,985	3,239	4,019
Loss (Gain) From Sale of Assets	-	17	121	-73	-
Asset Writedown & Restructuring Costs	737	83	10,720	3,276	-
Loss (Gain) From Sale of Investments	-	-195	97	191	-138
Stock-Based Compensation	48	29	52	98	120
Provision & Write-off of Bad Debts	70	72	100	133	105
Other Operating Activities	35	-636	-610	-1,444	590
Change in Accounts Receivable	-	19	102	-158	-8
Change in Accounts Payable	-	-202	-97	98	-261
Change in Unearned Revenue	2,673	1,763	230	6	-
Change in Income Taxes	-	-189	-1,185	972	-69
Change in Other Net Operating Assets	165	671	-57	-55	110
Operating Cash Flow	4,738	4,333	2,160	4,735	6,501
Operating Cash Flow Growth	9.35%	100.60%	-54.38%	-27.16%	-0.35%
Capital Expenditures	-4,367	-3,231	-3,100	-3,016	-2,900
Sale of Property, Plant & Equipment	47	366	165	120	135
Divestitures	-	15	1,746	8,369	-
Other Investing Activities	15	20	-12	3	53
Investing Cash Flow	-4,305	-2,830	-1,201	5,476	-2,712
Long-Term Debt Issued	8,158	1,325	200	-	1,931
Long-Term Debt Repaid	-8,818	-2,878	-185	-8,293	-3,598
Net Debt Issued (Repaid)	-660	-1,553	15	-8,293	-1,667
Repurchase of Common Stock	-	-	-	-200	-1,000
Common Dividends Paid	-	-3	-11	-780	-1,087
Other Financing Activities	-659	-295	-22	-40	-53
Financing Cash Flow	-1,319	-1,851	-18	-9,313	-3,807
Net Cash Flow	-886	-348	941	898	-18
Free Cash Flow	371	1,102	-940	1,719	3,601
Free Cash Flow Growth	-66.33%	-	-	-52.26%	28.84%
Free Cash Flow Margin	2.99%	8.41%	-6.46%	9.84%	18.29%
Free Cash Flow Per Share	0.37	1.12	-0.96	1.71	3.38
Cash Interest Paid	-	1,245	1,138	1,365	1,487
Cash Income Tax Paid	-	-242	1,303	76	112
Levered Free Cash Flow	-5,827	-918.13	298.5	7,698	-4,044
Unlevered Free Cash Flow	-5,024	-60.63	1,022	8,530	-3,093
Change in Working Capital	2,838	2,062	-1,007	863	-228

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