FRA:0R6 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	922	1,021	1,190	1,008	838	486
Depreciation & Amortization	302	264	191	190	201	189
Other Amortization	25	25	27	28	27	26
Loss (Gain) on Equity Investments	-12	-69	-8	44	4	39
Stock-Based Compensation	161	172	194	136	102	84
Other Operating Activities	337	199	-2	420	416	313
Change in Accounts Receivable	-116	7	-147	-110	8	-30
Change in Inventory	-47	30	-43	-61	12	-10
Change in Accounts Payable	73	-30	22	169	149	-183
Change in Other Net Operating Assets	-5	-116	-101	-334	-31	7
Operating Cash Flow	1,503	1,503	1,323	1,490	1,726	921
Operating Cash Flow Growth	5.47%	13.61%	-11.21%	-13.67%	87.41%	-37.60%
Capital Expenditures	-240	-201	-120	-100	-106	-117
Sale of Property, Plant & Equipment	43	34	37	12	16	12
Cash Acquisitions	-154	-540	-17	-12	-1,004	-
Other Investing Activities	94	47	111	36	-9	26
Investing Cash Flow	-257	-660	11	-64	-1,103	-79
Long-Term Debt Issued	-	2,450	55	2	1,335	5,235
Long-Term Debt Repaid	-	-2,190	-92	-94	-889	-4,708
Net Debt Issued (Repaid)	-224	260	-37	-92	446	527
Issuance of Common Stock	27	78	60	51	60	82
Repurchase of Common Stock	-	-	-500	-326	-551	-
Common Dividends Paid	-1,088	-1,029	-990	-971	-974	-959
Dividends Paid	-1,088	-1,029	-990	-971	-974	-959
Other Financing Activities	73	66	93	31	-74	-471
Financing Cash Flow	-1,212	-625	-1,374	-1,307	-1,093	-821
Foreign Exchange Rate Adjustments	-4	-23	1	-28	-3	6
Net Cash Flow	30	195	-39	91	-473	27
Free Cash Flow	1,263	1,302	1,203	1,390	1,620	804
Free Cash Flow Growth	0.72%	8.23%	-13.45%	-14.20%	101.49%	-43.14%
Free Cash Flow Margin	13.63%	15.49%	17.13%	21.37%	28.23%	16.18%
Free Cash Flow Per Share	2.77	2.87	2.64	3.06	3.49	1.72
Cash Interest Paid	730	785	761	487	404	463
Cash Income Tax Paid	400	293	290	275	256	267
Levered Free Cash Flow	1,322	1,468	1,119	1,250	1,373	688.63
Unlevered Free Cash Flow	1,646	1,828	1,481	1,559	1,664	985.75
Change in Working Capital	-95	-109	-269	-336	138	-216

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