FRA:MEF 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	2016 - 2020
Period Ending	Jun '25 Jun 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	2016 - 2020
Net Income	203.55	367.36	330.68	530.88	47.02	-192.83	Upgrade
Depreciation & Amortization	546.75	555.26	462.91	567.28	278.02	332.59	Upgrade
Other Operating Activities	274.08	296.93	-70.36	18.25	114.63	319.71	Upgrade
Operating Cash Flow	1,032	1,223	753.05	1,105	479.4	474.47	Upgrade
Operating Cash Flow Growth	-9.60%	62.46%	-31.82%	130.40%	1.04%	16.21%	Upgrade
Capital Expenditures	-419.06	-384.72	-300.3	-268.52	-111.14	-191.03	Upgrade
Sale of Property, Plant & Equipment	5.03	5.03	0.59	1.17	-	-	Upgrade
Cash Acquisitions	-26.63	-26.63	-520.34	-846.77	-	-	Upgrade
Divestitures	1.31	117.89	28.02	4.21	110.93	10	Upgrade
Sale (Purchase) of Real Estate	-	-	-	-	-	-0.45	Upgrade
Investment in Securities	132.31	-4.39	-24.52	12.1	-6.51	-11.84	Upgrade
Other Investing Activities	-34.65	-76.15	179.32	44.51	89.56	-99.37	Upgrade
Investing Cash Flow	-341.68	-368.97	-637.24	-1,053	82.83	-292.69	Upgrade
Long-Term Debt Issued	-	764.81	1,378	1,312	667.35	968.08	Upgrade
Long-Term Debt Repaid	-	-987.51	-1,444	-1,219	-504.58	-1,124	Upgrade
Net Debt Issued (Repaid)	-74.47	-222.7	-65.73	93.06	162.78	-156.16	Upgrade
Issuance of Common Stock	-	-	-	-	-	123.17	Upgrade
Repurchase of Common Stock	-28.94	-5.29	-3.96	-	-6.66	-	Upgrade
Common Dividends Paid	-63.29	-70.24	-64.35	-60	-	-	Upgrade
Other Financing Activities	-284.49	-270.97	-224.62	30.62	-534.05	-307.77	Upgrade
Financing Cash Flow	-451.2	-569.2	-358.67	63.68	-377.93	-340.75	Upgrade
Foreign Exchange Rate Adjustments	1.1	-2.18	-3.19	4.08	-0.81	-0.49	Upgrade
Net Cash Flow	240.38	283.08	-246.05	119.01	183.49	-159.47	Upgrade
Free Cash Flow	613.11	838.71	452.75	836.02	368.26	283.43	Upgrade
Free Cash Flow Growth	-22.98%	85.25%	-45.84%	127.02%	29.93%	33.89%	Upgrade
Free Cash Flow Margin	26.39%	35.70%	20.54%	36.84%	30.38%	26.54%	Upgrade
Free Cash Flow Per Share	0.03	0.03	0.02	0.03	0.01	0.01	Upgrade
Cash Interest Paid	17.28	-	-	235.54	192.89	-	Upgrade
Cash Income Tax Paid	320.64	336.52	493.39	513.3	191.8	145.58	Upgrade
Levered Free Cash Flow	241.84	559.62	440.82	1,049	249.39	67.57	Upgrade
Unlevered Free Cash Flow	450.58	751.71	613.33	1,212	388.44	243.97	Upgrade

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