FRA:4W8 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	511	658	723	522	204	167
Depreciation & Amortization	512	537	577	546	472	450
Other Amortization	5	6	6	9	9	6
Loss (Gain) From Sale of Assets	-	-75	-	96	-	-
Asset Writedown & Restructuring Costs	12	20	71	7	17	26
Stock-Based Compensation	12	62	44	34	-	-
Other Operating Activities	102	-99	31	94	136	195
Change in Accounts Receivable	-152	-152	-39	-184	-106	-216
Change in Inventory	-124	-124	-117	-268	-80	35
Change in Accounts Payable	-25	-25	-140	132	77	71
Change in Income Taxes	1	1	7	-2	-6	7
Change in Other Net Operating Assets	-45	31	-19	104	-114	84
Operating Cash Flow	809	840	1,144	1,090	609	825
Operating Cash Flow Growth	2.02%	-26.57%	4.95%	78.98%	-26.18%	23.87%
Capital Expenditures	-1,118	-1,203	-804	-549	-802	-646
Cash Acquisitions	-29	-	-361	-	-1,704	-121
Divestitures	15	711	-	-	-	-
Other Investing Activities	-4	-2	1	-5	-5	-8
Investing Cash Flow	-976	-342	-1,025	-435	-2,392	-648
Long-Term Debt Issued	-	5,334	4,449	3,929	7,450	3,414
Long-Term Debt Repaid	-	-5,470	-4,340	-4,459	-5,291	-2,634
Net Debt Issued (Repaid)	473	-136	109	-530	2,159	780
Repurchase of Common Stock	-185	-225	-76	-46	-15	-325
Common Dividends Paid	-127	-122	-123	-92	-92	-103
Other Financing Activities	-4	-6	-16	2	-274	-504
Financing Cash Flow	157	-489	-106	-666	1,778	-152
Foreign Exchange Rate Adjustments	3	-15	-1	-6	-2	1
Miscellaneous Cash Flow Adjustments	1	1	-	-5	-	-
Net Cash Flow	-6	-5	12	-22	-7	26
Free Cash Flow	-309	-363	340	541	-193	179
Free Cash Flow Growth	-	-	-37.15%	-	-	-42.81%
Free Cash Flow Margin	-3.59%	-4.12%	3.61%	5.73%	-2.70%	2.73%
Free Cash Flow Per Share	-1.03	-1.19	1.10	1.75	-0.65	0.64
Cash Interest Paid	215	215	221	176	116	120
Cash Income Tax Paid	281	281	157	43	25	27
Levered Free Cash Flow	-329.25	68.5	303.75	466.63	-98.63	62.95
Unlevered Free Cash Flow	-203	206.25	447.13	580.75	-30.75	137.58
Change in Working Capital	-345	-269	-308	-218	-229	-19

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