Equitable Holdings 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,307	1,302	2,153	1,755
Depreciation & Amortization	819	759	591	462
Other Amortization	41	53	45	57
Loss (Gain) From Sale of Assets	-135	-1	7	-3
Loss (Gain) From Sale of Investments	45	636	1,143	-839
Loss (Gain) on Equity Investments	-174	-125	-146	-553
Stock-Based Compensation	285	234	286	226
Other Operating Activities	1,106	709	-2,924	85
Change in Accounts Receivable	-446	-910	189	-131
Change in Income Taxes	322	-1,163	470	133
Change in Other Net Operating Assets	-1,164	-1,702	-2,064	-1,385
Operating Cash Flow	2,006	-208	-250	-193
Capital Expenditures	-153	-117	-167	-120
Cash Acquisitions	-	-	40	-
Divestitures	-	-	-	215
Investment in Securities	-11,221	-1,434	-3,995	-4,955
Other Investing Activities	-2,489	-1,500	-836	-6,979
Investing Cash Flow	-15,855	-4,851	-7,487	-12,689
Short-Term Debt Issued	-	-	147	108
Long-Term Debt Issued	604	899	6	873
Total Debt Issued	604	899	153	981
Short-Term Debt Repaid	-254	-504	-25	-
Long-Term Debt Repaid	-642	-	-43	-280
Total Debt Repaid	-896	-504	-68	-280
Net Debt Issued (Repaid)	-292	395	85	701
Repurchase of Common Stock	-1,014	-919	-849	-1,637
Preferred Dividends Paid	-80	-80	-80	-79
Common Dividends Paid	-302	-301	-294	-296
Dividends Paid	-382	-381	-374	-375
Other Financing Activities	14,184	9,905	8,183	12,966
Financing Cash Flow	12,441	9,000	7,045	11,948
Foreign Exchange Rate Adjustments	-20	23	-56	-18
Miscellaneous Cash Flow Adjustments	153	-6	-159	-39
Net Cash Flow	-1,275	3,958	-907	-991
Free Cash Flow	1,853	-325	-417	-313
Free Cash Flow Margin	14.52%	-3.09%	-3.17%	-3.15%
Free Cash Flow Per Share	5.71	-0.92	-1.10	-0.74
Cash Interest Paid	318	344	263	215
Cash Income Tax Paid	-38	266	89	305
Levered Free Cash Flow	7,576	4,601	-771	-9,167
Unlevered Free Cash Flow	7,919	4,736	-337.88	-7,567
Change in Working Capital	-1,288	-3,775	-1,405	-1,383

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