Elanco Animal Health 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	36	338	-1,231	-78	-483	-574
Depreciation & Amortization	635	622	640	617	664	482
Other Amortization	35	40	54	65	52	35
Loss (Gain) From Sale of Assets	-	-640	-	-	-	-221
Asset Writedown & Restructuring Costs	29	81	1,074	81	345	25
Stock-Based Compensation	67	55	46	59	66	47
Other Operating Activities	-103	-104	-12	170	-73	-4
Change in Accounts Receivable	12	12	-40	14	-35	24
Change in Inventory	44	44	-160	-269	29	-95
Change in Accounts Payable	82	82	-94	-98	-116	362
Change in Other Net Operating Assets	-208	11	-6	-109	34	-122
Operating Cash Flow	629	541	271	452	483	-41
Operating Cash Flow Growth	20.73%	99.63%	-40.04%	-6.42%	-	-
Capital Expenditures	-261	-147	-140	-171	-159	-135
Sale of Property, Plant & Equipment	-	-	-	-	-	72
Cash Acquisitions	-41	-41	-19	-	-342	-5,001
Divestitures	9	1,360	-	13	-	435
Sale (Purchase) of Intangibles	-14	-14	-14	-13	-38	-176
Other Investing Activities	2	-	4	-8	9	26
Investing Cash Flow	-305	1,158	-169	-179	-530	-4,779
Long-Term Debt Issued	-	570	600	988	1,064	4,804
Long-Term Debt Repaid	-	-2,045	-677	-1,505	-823	-952
Net Debt Issued (Repaid)	-310	-1,475	-77	-517	241	3,852
Issuance of Common Stock	-	-	-	-	-	1,239
Other Financing Activities	21	-17	-6	-32	-31	-137
Financing Cash Flow	-289	-1,492	-83	-549	210	4,954
Foreign Exchange Rate Adjustments	-20	-91	-12	-17	-31	27
Net Cash Flow	15	116	7	-293	132	161
Free Cash Flow	368	394	131	281	324	-176
Free Cash Flow Growth	-3.16%	200.76%	-53.38%	-13.27%	-	-
Free Cash Flow Margin	8.02%	8.88%	2.97%	6.37%	6.80%	-5.38%
Free Cash Flow Per Share	0.73	0.79	0.27	0.57	0.67	-0.40
Cash Interest Paid	296	296	379	266	221	131
Cash Income Tax Paid	140	140	95	93	151	97
Levered Free Cash Flow	504.13	946.75	386.75	316.13	792.5	1.68
Unlevered Free Cash Flow	620.38	1,094	559.88	466.75	940	95.43
Change in Working Capital	-70	149	-300	-462	-88	169

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