FRA:TU5A 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	2,740	3,425	6,021	2,725	959	-836
Depreciation & Amortization	2,331	2,203	2,035	1,864	1,740	1,659
Loss (Gain) From Sale of Assets	28	109	73	66	52	35
Asset Writedown & Restructuring Costs	-174	-	-	12	-	-
Loss (Gain) on Equity Investments	-143	-176	-232	-121	-75	87
Provision & Write-off of Bad Debts	-	-2	1	-	-	-
Other Operating Activities	-1,260	-1,768	-2,823	402	208	617
Change in Accounts Receivable	6	-48	135	-77	-280	-111
Change in Inventory	-441	-253	-49	-64	44	-15
Change in Accounts Payable	333	203	91	306	30	-269
Change in Unearned Revenue	-4	235	509	1,177	643	-471
Change in Other Net Operating Assets	160	-88	-577	-279	382	-307
Operating Cash Flow	3,576	3,840	5,184	6,011	3,703	389
Operating Cash Flow Growth	-16.47%	-25.93%	-13.76%	62.33%	851.93%	-81.57%
Capital Expenditures	-1,669	-1,282	-1,242	-1,056	-850	-1,153
Sale of Property, Plant & Equipment	31	36	56	79	81	14
Investment in Securities	-1,026	-	-	-17	-	-
Other Investing Activities	1,873	1,633	-4,522	-684	258	702
Investing Cash Flow	-791	387	-5,708	-1,678	-511	-437
Long-Term Debt Issued	-	2,779	2,494	1,809	2,790	3,963
Total Debt Issued	3,205	2,779	2,494	1,809	2,790	3,963
Long-Term Debt Repaid	-	-5,063	-5,103	-4,544	-4,857	-4,004
Net Debt Issued (Repaid)	-2,192	-2,284	-2,609	-2,735	-2,067	-41
Repurchase of Common Stock	-11	-6	-33	-	-	-
Other Financing Activities	249	-58	-214	-213	-259	-175
Financing Cash Flow	-2,177	-2,348	-2,856	-2,948	-2,326	-216
Net Cash Flow	608	1,879	-3,380	1,385	866	-264
Free Cash Flow	1,907	2,558	3,942	4,955	2,853	-764
Free Cash Flow Growth	-34.49%	-35.11%	-20.44%	73.68%	-	-
Free Cash Flow Margin	8.14%	11.28%	18.82%	26.89%	26.70%	-11.34%
Free Cash Flow Per Share	1.38	1.85	2.86	3.59	2.07	-0.55
Cash Interest Paid	313	384	388	318	318	241
Cash Income Tax Paid	143	27	-6	-15	18	5
Levered Free Cash Flow	1,578	1,401	2,885	3,771	2,412	-758.5
Unlevered Free Cash Flow	1,901	1,768	3,230	4,029	2,640	-588.5
Change in Working Capital	54	49	109	1,063	819	-1,173

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