ETR:WB2 Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	1,180	1,056	815	633	558	414
Depreciation & Amortization	441	453	463	426	441	385
Loss (Gain) From Sale of Assets	4	4	7	3	-4	10
Asset Writedown & Restructuring Costs	6	6	14	-	-	-
Stock-Based Compensation	80	66	47	41	46	20
Other Operating Activities	33	62	-48	44	95	27
Change in Accounts Receivable	-310	-34	-195	-52	-76	315
Change in Inventory	-230	-117	-58	-368	-41	181
Change in Accounts Payable	59	70	-58	306	109	-269
Change in Income Taxes	55	21	1	7	-4	57
Change in Other Net Operating Assets	172	247	213	-2	-51	-356
Operating Cash Flow	1,490	1,834	1,201	1,038	1,073	784
Operating Cash Flow Growth	-17.08%	52.71%	15.70%	-3.26%	36.86%	-22.84%
Capital Expenditures	-222	-207	-186	-149	-130	-136
Sale of Property, Plant & Equipment	3	13	2	3	25	21
Cash Acquisitions	-1,910	-168	-308	-89	-435	-40
Divestitures	5	19	-	-	-	-
Investing Cash Flow	-2,124	-343	-492	-235	-540	-155
Long-Term Debt Issued	-	2,258	5,563	6,087	5,391	3,878
Long-Term Debt Repaid	-	-2,322	-5,521	-6,117	-5,552	-4,077
Net Debt Issued (Repaid)	1,233	-64	42	-30	-161	-199
Repurchase of Common Stock	-311	-1,122	-425	-480	-307	-207
Common Dividends Paid	-164	-140	-123	-111	-92	-93
Other Financing Activities	-13	-45	-127	-87	-93	-120
Financing Cash Flow	745	-1,371	-633	-708	-653	-619
Foreign Exchange Rate Adjustments	7	-25	3	-27	-6	-15
Net Cash Flow	118	95	79	68	-126	-5
Free Cash Flow	1,268	1,627	1,015	889	943	648
Free Cash Flow Growth	-20.60%	60.30%	14.17%	-5.73%	45.52%	-21.93%
Free Cash Flow Margin	11.76%	15.66%	10.49%	10.63%	12.06%	8.58%
Free Cash Flow Per Share	7.40	9.31	5.66	4.86	5.01	3.40
Cash Interest Paid	181	181	210	179	164	174
Cash Income Tax Paid	237	237	233	157	123	129
Levered Free Cash Flow	1,085	1,203	647.25	756.38	850.5	612.6
Unlevered Free Cash Flow	1,208	1,319	775.38	868.25	958	736.98
Change in Working Capital	-254	187	-97	-109	-63	-72

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