ETR:IC1H 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	758	628	750	375	266
Depreciation & Amortization	146	51	56	149	192
Other Amortization	-	94	94	-	-
Asset Writedown & Restructuring Costs	2	3	-	-	-3
Loss (Gain) From Sale of Investments	40	19	-1	12	-2
Loss (Gain) on Equity Investments	-4	-8	-10	-	10
Stock-Based Compensation	72	67	56	46	41
Other Operating Activities	-147	-186	-131	-37	22
Change in Accounts Receivable	-	-106	-70	-132	-75
Change in Inventory	-	-	-	-	1
Change in Accounts Payable	-	-45	31	121	153
Change in Unearned Revenue	107	214	123	108	39
Change in Other Net Operating Assets	-76	-7	-5	4	-8
Operating Cash Flow	898	724	893	646	636
Operating Cash Flow Growth	24.03%	-18.93%	38.23%	1.57%	364.23%
Capital Expenditures	-28	-29	-28	-54	-17
Sale of Property, Plant & Equipment	-	9	-	3	44
Cash Acquisitions	-	-10	-	-	-13
Sale (Purchase) of Intangibles	-169	-49	-54	-45	-35
Investment in Securities	-	-27	-55	12	9
Other Investing Activities	3	3	-	6	-
Investing Cash Flow	-190	-99	-137	-78	-12
Short-Term Debt Issued	75	-	-	-	-
Long-Term Debt Issued	990	834	657	-	-
Total Debt Issued	1,065	834	657	-	-
Short-Term Debt Repaid	-75	-	-	-	-828
Long-Term Debt Repaid	-433	-593	-28	-245	-32
Total Debt Repaid	-508	-593	-28	-245	-860
Net Debt Issued (Repaid)	557	241	629	-245	-860
Repurchase of Common Stock	-907	-831	-798	-483	-
Common Dividends Paid	-270	-259	-245	-233	-
Other Financing Activities	6	-45	-3	-	-
Financing Cash Flow	-614	-894	-417	-961	-860
Foreign Exchange Rate Adjustments	41	-18	18	-77	3
Net Cash Flow	135	-287	357	-470	-233
Free Cash Flow	870	695	865	592	619
Free Cash Flow Growth	25.18%	-19.65%	46.12%	-4.36%	462.73%
Free Cash Flow Margin	16.77%	14.12%	18.71%	15.21%	26.70%
Free Cash Flow Per Share	5.58	4.26	5.09	3.25	3.36
Cash Interest Paid	202	170	119	126	134
Cash Income Tax Paid	307	309	243	211	86
Levered Free Cash Flow	674.88	598	667.75	535.25	695.13
Unlevered Free Cash Flow	799.88	698.63	739	610.88	781.38
Change in Working Capital	31	56	79	101	110

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