FRA:L0T 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	2,216	1,993	1,385	1,916	2,247	13,846
Depreciation & Amortization	572	580	610	633	625	630
Stock-Based Compensation	127	125	114	67	76	-
Other Operating Activities	-553	-610	-204	-329	18	-11,945
Change in Accounts Receivable	-360	-175	-175	-453	-1,313	-278
Change in Inventory	-141	-81	111	-402	-435	100
Change in Accounts Payable	74	126	-13	481	263	-113
Change in Unearned Revenue	94	68	26	138	-21	312
Change in Other Net Operating Assets	-82	-71	247	83	147	66
Operating Cash Flow	1,850	1,951	2,101	2,113	1,607	1,687
Operating Cash Flow Growth	-11.40%	-7.14%	-0.57%	31.49%	-4.74%	-15.18%
Capital Expenditures	-450	-401	-387	-310	-248	-237
Sale of Property, Plant & Equipment	-	-	1	4	15	16
Cash Acquisitions	-333	-313	-147	-	-1,481	-78
Sale (Purchase) of Intangibles	-	-	-	-	-	-22
Investment in Securities	-89	-40	-48	-59	-	-
Other Investing Activities	-146	-160	23	-33	-47	-2
Investing Cash Flow	-1,018	-914	-558	-398	-1,761	-323
Short-Term Debt Issued	-	-	-	9	-	-
Long-Term Debt Issued	-	995	2,006	8,198	5	4
Total Debt Issued	1,495	995	2,006	8,207	5	4
Short-Term Debt Repaid	-	-	-12	-	-7	-10
Long-Term Debt Repaid	-	-1,418	-855	-3	-10	-10
Total Debt Repaid	-1,521	-1,418	-867	-3	-17	-20
Net Debt Issued (Repaid)	-26	-423	1,139	8,204	-12	-16
Issuance of Common Stock	27	33	34	-	-	-
Repurchase of Common Stock	-244	-93	-33	-	-	-
Common Dividends Paid	-62	-55	-41	-	-	-
Other Financing Activities	-62	-35	-1,577	-9,026	-251	-2,150
Financing Cash Flow	-367	-573	-478	-822	-263	-2,166
Foreign Exchange Rate Adjustments	-7	-77	-10	-3	-34	14
Miscellaneous Cash Flow Adjustments	-	-	-	-	-	931
Net Cash Flow	458	387	1,055	890	-451	143
Free Cash Flow	1,400	1,550	1,714	1,803	1,359	1,450
Free Cash Flow Growth	-17.40%	-9.57%	-4.94%	32.67%	-6.28%	-15.99%
Free Cash Flow Margin	6.92%	7.88%	8.77%	9.83%	7.73%	8.45%
Free Cash Flow Per Share	3.06	3.38	3.74	3.97	2.99	-
Cash Interest Paid	538	550	570	-	21	46
Cash Income Tax Paid	469	491	474	851	615	-
Levered Free Cash Flow	1,485	1,865	2,533	1,867	748.25	-
Unlevered Free Cash Flow	1,743	2,154	2,849	1,921	773.25	-
Change in Working Capital	-415	-133	196	-153	-1,359	87

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