Solventum 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	1,524	479	1,346	1,343	1,460	1,138
Depreciation & Amortization	522	555	561	578	597	599
Loss (Gain) From Sale of Assets	-1,518	-	-56	-	-	-
Stock-Based Compensation	149	112	39	37	38	35
Other Operating Activities	-142	-121	-101	-77	40	20
Change in Accounts Receivable	65	43	-129	-32	-1	41
Change in Inventory	-167	-132	23	-82	-136	43
Change in Accounts Payable	140	266	105	25	68	10
Change in Other Net Operating Assets	-80	-17	127	-113	136	140
Operating Cash Flow	493	1,185	1,915	1,679	2,202	2,026
Operating Cash Flow Growth	-67.42%	-38.12%	14.06%	-23.75%	8.69%	-
Capital Expenditures	-443	-380	-290	-251	-277	-271
Divestitures	3,870	-	60	-	-	-
Investment in Securities	-	-	-	-	-	469
Other Investing Activities	-12	-	-	-2	-1	30
Investing Cash Flow	3,415	-380	-230	-253	-278	228
Long-Term Debt Issued	-	8,303	-	-	-	-
Long-Term Debt Repaid	-	-300	-	-	-	-445
Net Debt Issued (Repaid)	-3,070	8,003	-	-	-	-445
Other Financing Activities	24	-8,243	-1,552	-1,460	-1,960	-1,766
Financing Cash Flow	-3,046	-240	-1,552	-1,460	-1,960	-2,211
Foreign Exchange Rate Adjustments	8	3	-	4	3	-3
Net Cash Flow	870	568	133	-30	-33	40
Free Cash Flow	50	805	1,625	1,428	1,925	1,755
Free Cash Flow Growth	-95.73%	-50.46%	13.80%	-25.82%	9.69%	-
Free Cash Flow Margin	0.60%	9.75%	19.82%	17.57%	23.56%	24.10%
Free Cash Flow Per Share	0.29	4.63	9.41	8.27	-	-
Cash Interest Paid	287	287	-	-	-	-
Cash Income Tax Paid	244	244	-	-	-	-
Levered Free Cash Flow	587.75	1,295	1,625	1,257	-	-
Unlevered Free Cash Flow	839.63	1,525	1,625	1,257	-	-
Change in Working Capital	-42	160	126	-202	67	234

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