FRA:IFF 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	-472	243	-2,567	-1,871	270	363
Depreciation & Amortization	968	1,015	1,142	1,179	1,156	325
Loss (Gain) From Sale of Assets	285	-10	20	-14	-14	4
Asset Writedown & Restructuring Costs	1,153	64	2,623	2,370	-	-
Stock-Based Compensation	90	77	65	49	54	36
Other Operating Activities	-892	-329	-329	-266	104	-88
Change in Accounts Receivable	-136	-217	51	-117	-169	-61
Change in Inventory	-160	-34	605	-893	-363	18
Change in Accounts Payable	102	40	-39	-57	419	28
Change in Other Net Operating Assets	-17	221	-132	17	-20	89
Operating Cash Flow	921	1,070	1,439	397	1,437	714
Operating Cash Flow Growth	-30.49%	-25.64%	262.47%	-72.37%	101.26%	2.15%
Capital Expenditures	-566	-463	-503	-504	-393	-192
Sale of Property, Plant & Equipment	3	21	27	8	18	17
Cash Acquisitions	-	-	-	-99	246	-
Divestitures	2,706	875	1,050	1,169	115	-
Sale (Purchase) of Intangibles	-2	-5	-	-2	-4	-
Other Investing Activities	8	-102	-	173	-	-12
Investing Cash Flow	2,145	326	574	745	-18	-187
Short-Term Debt Issued	-	-	-	273	324	-
Long-Term Debt Issued	-	-	-	104	3	200
Total Debt Issued	370	-	-	377	327	200
Short-Term Debt Repaid	-	-	-187	-421	-	-
Long-Term Debt Repaid	-	-1,030	-754	-300	-933	-347
Total Debt Repaid	-2,969	-1,030	-941	-721	-933	-347
Net Debt Issued (Repaid)	-2,599	-1,030	-941	-344	-606	-147
Repurchase of Common Stock	-24	-16	-13	-21	-21	-8
Common Dividends Paid	-409	-514	-826	-810	-667	-323
Other Financing Activities	-21	-46	-71	-54	-10	-34
Financing Cash Flow	-3,053	-1,606	-1,851	-1,229	-1,304	-512
Foreign Exchange Rate Adjustments	39	-54	21	-77	-59	21
Net Cash Flow	52	-264	183	-164	56	36
Free Cash Flow	355	607	936	-107	1,044	522
Free Cash Flow Growth	-60.95%	-35.15%	-	-	100.00%	12.74%
Free Cash Flow Margin	3.21%	5.29%	8.15%	-0.86%	8.96%	10.27%
Free Cash Flow Per Share	1.38	2.37	3.67	-0.42	4.30	4.58
Cash Interest Paid	267	308	370	310	310	128
Cash Income Tax Paid	384	370	578	329	289	133
Levered Free Cash Flow	3,429	-999.75	1,951	660.88	-1,153	497.6
Unlevered Free Cash Flow	3,585	-809.13	2,189	870.88	-972.13	580.1
Change in Working Capital	-211	10	485	-1,050	-133	74

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