FRA:M8V 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	173	218	254	391	49	-275
Depreciation & Amortization	151	146	135	132	146	123
Other Amortization	24	26	23	25	56	22
Loss (Gain) From Sale of Assets	-5	-5	-6	-48	-	-4
Asset Writedown & Restructuring Costs	31	2	22	-	3	100
Loss (Gain) From Sale of Investments	-	-	8	-	-	-
Stock-Based Compensation	37	33	31	39	51	36
Other Operating Activities	203	350	163	192	-29	131
Change in Accounts Receivable	-61	-16	-105	-45	-	21
Change in Inventory	-104	-43	60	92	-37	-43
Change in Accounts Payable	21	9	1	112	42	-146
Change in Unearned Revenue	-7	-27	34	-9	88	59
Change in Other Net Operating Assets	-341	-488	-388	-359	-26	275
Operating Cash Flow	122	205	232	522	343	299
Operating Cash Flow Growth	-35.11%	-11.64%	-55.56%	52.19%	14.72%	-21.73%
Capital Expenditures	-59	-107	-118	-65	-47	-41
Cash Acquisitions	-	-	-	-	-157	-
Divestitures	-	-	-	94	-	-
Sale (Purchase) of Real Estate	8	8	16	3	3	15
Other Investing Activities	-15	-16	-10	-16	-12	-6
Investing Cash Flow	-66	-115	-112	16	-213	-32
Long-Term Debt Issued	-	3,459	2,562	2,297	2,068	1,856
Long-Term Debt Repaid	-	-3,395	-2,557	-1,884	-2,212	-1,676
Net Debt Issued (Repaid)	341	64	5	413	-144	180
Repurchase of Common Stock	-55	-64	-298	-724	-98	-98
Common Dividends Paid	-136	-107	-106	-99	-23	-45
Other Financing Activities	-20	-25	-2	-76	-52	-14
Financing Cash Flow	130	-132	-401	-486	-317	23
Foreign Exchange Rate Adjustments	-	-4	1	-1	-2	1
Net Cash Flow	186	-46	-280	51	-189	291
Free Cash Flow	63	98	114	457	296	258
Free Cash Flow Growth	-8.70%	-14.04%	-75.06%	54.39%	14.73%	-23.21%
Free Cash Flow Margin	1.88%	2.99%	3.60%	13.89%	10.72%	13.99%
Free Cash Flow Per Share	1.50	2.33	2.62	10.11	6.84	6.25
Cash Interest Paid	244	247	204	149	184	176
Cash Income Tax Paid	128	133	141	57	-13	-32
Levered Free Cash Flow	245.13	31.13	190.25	736.38	413.88	367.88
Unlevered Free Cash Flow	323.63	106.38	257.88	785.13	460.38	439.63
Change in Working Capital	-492	-565	-398	-209	67	166

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