Smithfield Foods 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 2015
Period Ending	Sep '25 Sep 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022	Jan '16 Jan 3, 2016
Net Income	864	953	17	870	472	452.3
Depreciation & Amortization	329	336	342	357	331	234.1
Loss (Gain) From Sale of Assets	-20	-20	-74	-413	-	-
Asset Writedown & Restructuring Costs	6	4	86	123	1	3.3
Loss (Gain) on Equity Investments	-8	-8	46	-50	-28	-11.7
Other Operating Activities	97	-64	-279	-58	-51	-123.4
Change in Accounts Receivable	-6	-6	157	-33	-2	83.5
Change in Inventory	138	138	469	-307	-184	141.5
Change in Accounts Payable	-19	-19	-215	121	188	19.8
Change in Other Net Operating Assets	-577	-398	139	-89	28	-1.6
Operating Cash Flow	804	1,137	1,034	517	786	797.8
Operating Cash Flow Growth	-38.15%	9.96%	100.00%	-34.22%	-1.48%	-1.88%
Capital Expenditures	-338	-393	-401	-339	-213	-471.9
Sale of Property, Plant & Equipment	97	99	219	8	6	6.4
Cash Acquisitions	-	-	-	-	-1	-
Divestitures	-	-	13	606	-	-
Investment in Securities	-18	-13	-27	-1	-	354
Other Investing Activities	27	-162	-126	-81	-122	36.5
Investing Cash Flow	-232	-469	-322	193	-330	-75
Short-Term Debt Issued	-	14	226	785	430	-
Long-Term Debt Issued	-	-	-	-	493	290
Total Debt Issued	-	14	226	785	923	290
Short-Term Debt Repaid	-	-14	-226	-785	-430	-
Long-Term Debt Repaid	-	-34	-13	-71	-723	-706.5
Total Debt Repaid	-14	-48	-239	-856	-1,153	-706.5
Net Debt Issued (Repaid)	-14	-34	-13	-71	-230	-416.5
Issuance of Common Stock	236	-	-	-	-	-
Common Dividends Paid	-315	-288	-323	-496	-192	-30
Other Financing Activities	-2	-142	-197	90	85	-
Financing Cash Flow	-95	-464	-533	-477	-337	-446.5
Foreign Exchange Rate Adjustments	17	-12	3	12	-3	-4.9
Miscellaneous Cash Flow Adjustments	-	-	-1	-	1	-
Net Cash Flow	494	192	181	245	117	271.4
Free Cash Flow	466	744	633	178	573	325.9
Free Cash Flow Growth	-46.19%	17.54%	255.62%	-68.94%	75.82%	-36.31%
Free Cash Flow Margin	3.06%	5.26%	4.32%	1.10%	3.82%	2.26%
Free Cash Flow Per Share	1.20	1.96	1.67	0.47	-	0.86
Cash Interest Paid	79	79	81	84	90	157.1
Cash Income Tax Paid	130	130	108	152	-3	153.4
Levered Free Cash Flow	318	802.5	671.25	-	-	558.19
Unlevered Free Cash Flow	347.38	843.75	718.75	-	-	641.81
Change in Working Capital	-464	-285	550	-308	30	243.2

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