Light & Wonder 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	399	336	163	3,675	371	-569
Depreciation & Amortization	313	283	320	350	317	352
Other Amortization	82	78	68	70	81	97
Asset Writedown & Restructuring Costs	-	-	-4	-	-	54
Stock-Based Compensation	110	110	118	69	113	56
Provision & Write-off of Bad Debts	14	14	12	-	7	107
Other Operating Activities	-48	-113	-5	-3,726	-728	-185
Change in Accounts Receivable	-148	-148	-68	-35	19	137
Change in Inventory	2	2	-29	-65	9	4
Change in Accounts Payable	59	59	65	-74	91	-31
Change in Income Taxes	25	25	-40	-649	7	5
Change in Other Net Operating Assets	-131	-14	-10	-40	17	6
Operating Cash Flow	677	632	590	-381	685	471
Operating Cash Flow Growth	13.40%	7.12%	-	-	45.43%	-13.74%
Capital Expenditures	-288	-294	-242	-216	-171	-137
Cash Acquisitions	-861	-5	-4	-136	-186	-13
Investment in Securities	41	41	-2	50	10	24
Other Investing Activities	-	-	-3	6,418	-95	-47
Investing Cash Flow	-1,108	-258	-251	6,116	-442	-173
Short-Term Debt Issued	-	-	205	280	-	-
Long-Term Debt Issued	-	-	550	2,200	60	1,080
Total Debt Issued	2,260	-	755	2,480	60	1,080
Short-Term Debt Repaid	-	-	-205	-280	-	-
Long-Term Debt Repaid	-	-11	-584	-7,093	-637	-573
Total Debt Repaid	-1,187	-11	-789	-7,373	-637	-573
Net Debt Issued (Repaid)	1,073	-11	-34	-4,893	-577	507
Repurchase of Common Stock	-661	-512	-205	-481	-27	-
Other Financing Activities	-62	-54	-549	-89	-75	-44
Financing Cash Flow	350	-577	-788	-5,463	-679	463
Foreign Exchange Rate Adjustments	3	-6	3	-6	-6	7
Net Cash Flow	-78	-209	-446	266	-442	768
Free Cash Flow	389	338	348	-597	514	334
Free Cash Flow Growth	24.28%	-2.87%	-	-	53.89%	3.73%
Free Cash Flow Margin	12.08%	10.60%	11.99%	-23.77%	23.87%	19.66%
Free Cash Flow Per Share	4.50	3.71	3.74	-6.28	5.25	3.52
Cash Interest Paid	304	286	306	351	453	471
Cash Income Tax Paid	140	164	147	692	38	22
Levered Free Cash Flow	312.25	410.13	441.38	367.5	459.38	95.25
Unlevered Free Cash Flow	499.13	593.25	634.5	571.88	758.13	409.63
Change in Working Capital	-193	-76	-82	-863	143	121

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