FRA:SJ3 Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	2,681	2,389	2,020	1,864
Depreciation & Amortization	624	622.5	581.1	572.6
Loss (Gain) From Sale of Assets	-49.9	-19.2	-10.7	105.8
Asset Writedown & Restructuring Costs	-	73.2	62.8	-
Loss (Gain) From Sale of Investments	75	65.4	38.5	53.6
Stock-Based Compensation	138.1	115.9	99.7	97.7
Other Operating Activities	373.4	448.5	307.3	321.8
Change in Accounts Receivable	-10.7	85.6	-200.2	-287.8
Change in Inventory	-32.9	323.4	-666.7	-228.1
Change in Accounts Payable	21.8	-241.1	46.6	346.1
Change in Income Taxes	-13.5	16.9	9.5	-71.2
Change in Other Net Operating Assets	-653.5	-358	-368.1	-530.3
Operating Cash Flow	3,153	3,522	1,920	2,245
Operating Cash Flow Growth	-10.47%	83.44%	-14.47%	-34.15%
Capital Expenditures	-1,070	-888.4	-644.5	-372
Sale of Property, Plant & Equipment	11.6	70.1	33.2	14.8
Cash Acquisitions	-78.9	-264.7	-1,003	-210.9
Divestitures	-	103.7	-	122.5
Other Investing Activities	-59	-60	6.8	-30.8
Investing Cash Flow	-1,196	-1,039	-1,608	-476.4
Short-Term Debt Issued	288.6	-	214.4	763.9
Long-Term Debt Issued	1,093	306.5	1,207	994.8
Total Debt Issued	1,382	306.5	1,421	1,759
Short-Term Debt Repaid	-	-603.9	-	-
Long-Term Debt Repaid	-1,109	-136.4	-267.6	-434.4
Total Debt Repaid	-1,109	-740.3	-267.6	-434.4
Net Debt Issued (Repaid)	272.9	-433.8	1,154	1,324
Issuance of Common Stock	242	111.6	89.3	204.5
Repurchase of Common Stock	-1,739	-1,432	-883.2	-2,752
Common Dividends Paid	-723.4	-623.7	-618.5	-587.1
Other Financing Activities	-69.8	-46.7	-23.8	-23.4
Financing Cash Flow	-2,017	-2,425	-282.4	-1,834
Foreign Exchange Rate Adjustments	-6.2	20	3.2	4.9
Net Cash Flow	-66.4	78	33.1	-60.9
Free Cash Flow	2,083	2,634	1,275	1,873
Free Cash Flow Growth	-20.90%	106.48%	-31.89%	-39.69%
Free Cash Flow Margin	9.02%	11.42%	5.76%	9.39%
Free Cash Flow Per Share	8.20	10.20	4.87	7.01
Cash Interest Paid	406.9	416.5	371.1	338.8
Cash Income Tax Paid	779.8	816.7	580.1	466.3
Levered Free Cash Flow	1,915	2,611	1,235	1,466
Unlevered Free Cash Flow	2,175	2,872	1,479	1,675
Change in Working Capital	-688.8	-173.2	-1,179	-771.3

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