FRA:4BB Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	726	852	913	950	514
Depreciation & Amortization	601	615	638	674	611
Other Amortization	46	39	33	38	36
Loss (Gain) From Sale of Assets	-43	-39	-64	-34	-46
Loss (Gain) on Equity Investments	-31	-28	-23	-32	-23
Stock-Based Compensation	70	61	52	45	50
Provision & Write-off of Bad Debts	35	11	17	13	18
Other Operating Activities	63	163	-33	108	110
Change in Accounts Receivable	76	-76	-44	-55	88
Change in Inventory	25	23	-75	-53	9
Change in Accounts Payable	-335	237	191	283	-15
Change in Other Net Operating Assets	-99	-47	-28	-34	-51
Operating Cash Flow	1,134	1,811	1,577	1,903	1,301
Operating Cash Flow Growth	-37.38%	14.84%	-17.13%	46.27%	-5.66%
Capital Expenditures	-379	-498	-494	-606	-508
Sale of Property, Plant & Equipment	11	21	68	35	39
Cash Acquisitions	-24	-8	-8	-123	-111
Investment in Securities	-17	38	-6	-37	8
Investing Cash Flow	-409	-447	-440	-731	-572
Long-Term Debt Issued	47	84	19	-	32
Total Debt Issued	47	84	19	-	32
Long-Term Debt Repaid	-192	-56	-67	-70	-97
Net Debt Issued (Repaid)	-145	28	-48	-70	-65
Repurchase of Common Stock	-	-85	-15	-	-
Common Dividends Paid	-698	-500	-399	-374	-348
Other Financing Activities	-60	-64	-38	-20	-19
Financing Cash Flow	-903	-621	-500	-464	-432
Foreign Exchange Rate Adjustments	-96	-60	-186	35	90
Net Cash Flow	-274	683	451	743	387
Free Cash Flow	755	1,313	1,083	1,297	793
Free Cash Flow Growth	-42.50%	21.24%	-16.50%	63.56%	3.26%
Free Cash Flow Margin	12.09%	19.15%	16.72%	19.11%	14.19%
Free Cash Flow Per Share	0.06	0.10	0.08	0.10	0.06
Cash Interest Paid	23	28	19	13	16
Cash Income Tax Paid	368	443	419	395	357
Levered Free Cash Flow	557.25	1,202	694.5	1,009	1,070
Unlevered Free Cash Flow	574.13	1,222	710.13	1,021	1,082
Change in Working Capital	-333	137	44	141	31

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