The Campbell's Company Cash Flow Statement

Financials in millions USD. Fiscal year is September - August.

Millions USD. Fiscal year is Sep - Aug.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 2, 2025	Aug '25 Aug 3, 2025	Jul '24 Jul 28, 2024	Jul '23 Jul 30, 2023	Jul '22 Jul 31, 2022	Aug '21 Aug 1, 2021
Net Income	578	602	567	858	757	1,002
Depreciation & Amortization	411	414	384	380	337	317
Loss (Gain) From Sale of Assets	-	25	-	13	-	11
Asset Writedown & Restructuring Costs	210	220	194	23	5	21
Stock-Based Compensation	51	57	99	63	59	64
Other Operating Activities	78	48	70	22	64	-91
Change in Accounts Receivable	46	26	-16	-1	48	-20
Change in Inventory	-101	-80	11	-64	-314	-77
Change in Accounts Payable	-128	-167	-128	-164	200	-164
Change in Other Net Operating Assets	-15	-14	4	13	25	-28
Operating Cash Flow	1,130	1,131	1,185	1,143	1,181	1,035
Operating Cash Flow Growth	-8.58%	-4.56%	3.67%	-3.22%	14.11%	-25.86%
Capital Expenditures	-443	-426	-517	-370	-242	-275
Cash Acquisitions	-169	-144	-2,646	-13	-1	-2
Divestitures	326	379	34	42	2	111
Other Investing Activities	9	4	1	1	11	8
Investing Cash Flow	-277	-187	-3,128	-340	-230	-158
Short-Term Debt Issued	-	1,846	5,622	3,677	1,173	320
Long-Term Debt Issued	-	1,144	2,496	500	-	-
Total Debt Issued	1,966	2,990	8,118	4,177	1,173	320
Short-Term Debt Repaid	-	-1,796	-5,576	-3,749	-997	-580
Long-Term Debt Repaid	-	-1,550	-100	-566	-453	-921
Total Debt Repaid	-2,947	-3,346	-5,676	-4,315	-1,450	-1,501
Net Debt Issued (Repaid)	-981	-356	2,442	-138	-277	-1,181
Issuance of Common Stock	-	-	2	22	3	2
Repurchase of Common Stock	-46	-92	-113	-161	-185	-51
Common Dividends Paid	-463	-459	-445	-447	-451	-439
Other Financing Activities	-3	-12	-23	1	-	-
Financing Cash Flow	-1,493	-919	1,863	-723	-910	-1,669
Foreign Exchange Rate Adjustments	-	-1	-1	-	-1	2
Net Cash Flow	-640	24	-81	80	40	-790
Free Cash Flow	687	705	668	773	939	760
Free Cash Flow Growth	-8.64%	5.54%	-13.58%	-17.68%	23.55%	-30.72%
Free Cash Flow Margin	6.76%	6.88%	6.93%	8.26%	10.97%	8.97%
Free Cash Flow Per Share	2.29	2.35	2.23	2.57	3.11	2.49
Cash Interest Paid	330	330	194	193	188	214
Cash Income Tax Paid	268	268	252	268	196	212
Levered Free Cash Flow	630.5	718.88	576.75	766.38	851.13	786.38
Unlevered Free Cash Flow	842.38	934.5	732.38	883.88	969.25	917.63
Change in Working Capital	-198	-235	-129	-216	-41	-289

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