FRA:3ZT 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	305	352	298	258	324	363
Depreciation & Amortization	133	129	124	117	109	99
Stock-Based Compensation	23	19	14	5	4	5
Other Operating Activities	11	-11	-5	1	22	67
Change in Accounts Receivable	-4	11	-	-31	-24	-279
Change in Inventory	-15	-42	198	-139	-165	-
Change in Accounts Payable	-1	95	-31	-14	71	54
Change in Income Taxes	-1	-17	9	13	-7	7
Change in Other Net Operating Assets	-29	-47	37	9	-24	3
Operating Cash Flow	422	489	644	219	310	319
Operating Cash Flow Growth	-20.08%	-24.07%	194.06%	-29.35%	-2.82%	-20.84%
Capital Expenditures	-165	-120	-104	-128	-141	-143
Cash Acquisitions	-	-	-6	-	-	-
Investing Cash Flow	-165	-120	-110	-128	-141	-143
Long-Term Debt Issued	-	-	-	-	-	2,712
Long-Term Debt Repaid	-	-150	-262	-25	-125	-3,853
Net Debt Issued (Repaid)	-108	-150	-262	-25	-125	-1,141
Issuance of Common Stock	-	-	-	-	-	2,578
Common Dividends Paid	-192	-192	-192	-192	-192	-124
Other Financing Activities	1	-4	-3	-	-	-1,279
Financing Cash Flow	-299	-346	-457	-217	-317	34
Foreign Exchange Rate Adjustments	-1	-1	-	-	-	-
Net Cash Flow	-43	22	77	-126	-148	210
Free Cash Flow	257	369	540	91	169	176
Free Cash Flow Growth	-39.10%	-31.67%	493.41%	-46.15%	-3.98%	-40.14%
Free Cash Flow Margin	6.93%	9.99%	14.38%	2.38%	4.75%	5.39%
Free Cash Flow Per Share	1.22	1.75	2.57	0.43	0.81	0.86
Cash Interest Paid	84	98	114	68	41	83
Cash Income Tax Paid	81	125	90	64	91	76
Levered Free Cash Flow	230	319.63	515.88	22.75	96.38	56.13
Unlevered Free Cash Flow	284.38	382.13	589	67.75	125.75	99.25
Change in Working Capital	-50	-	213	-162	-149	-215

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