US Foods Holding 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 27, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Jan '21 Jan 2, 2021
Net Income	558	494	506	265	164	-226
Depreciation & Amortization	456	438	395	372	378	422
Other Amortization	9	9	17	12	15	16
Loss (Gain) From Sale of Assets	-1	-1	-6	-5	-1	-17
Asset Writedown & Restructuring Costs	-	-	1	10	8	12
Stock-Based Compensation	81	63	56	45	48	40
Provision & Write-off of Bad Debts	35	29	24	6	-24	63
Other Operating Activities	214	124	30	17	61	-51
Change in Accounts Receivable	-187	-140	-157	-240	-386	334
Change in Inventory	-66	-16	61	70	-413	201
Change in Accounts Payable	261	170	200	193	471	-339
Change in Other Net Operating Assets	-1	4	13	20	98	-42
Operating Cash Flow	1,359	1,174	1,140	765	419	413
Operating Cash Flow Growth	24.00%	2.98%	49.02%	82.58%	1.45%	-45.66%
Capital Expenditures	-381	-341	-309	-265	-274	-189
Sale of Property, Plant & Equipment	6	3	10	10	12	51
Cash Acquisitions	-87	-214	-196	-	-	-972
Investing Cash Flow	-424	-552	-495	-255	-262	-1,110
Short-Term Debt Issued	-	14	43	-	-	-
Long-Term Debt Issued	-	6,121	1,456	1,207	2,305	3,645
Total Debt Issued	10,682	6,135	1,499	1,207	2,305	3,645
Short-Term Debt Repaid	-	-14	-43	-	-	-
Long-Term Debt Repaid	-	-6,013	-1,766	-1,620	-3,105	-2,692
Total Debt Repaid	-10,708	-6,027	-1,809	-1,620	-3,105	-2,692
Net Debt Issued (Repaid)	-26	108	-310	-413	-800	953
Issuance of Common Stock	38	43	50	37	35	21
Repurchase of Common Stock	-958	-969	-306	-30	-14	-5
Preferred Dividends Paid	-	-	-7	-37	-28	-
Dividends Paid	-	-	-7	-37	-28	-
Other Financing Activities	-13	-13	-14	-4	-30	-42
Financing Cash Flow	-959	-831	-587	-447	-837	1,427
Net Cash Flow	-24	-209	58	63	-680	730
Free Cash Flow	978	833	831	500	145	224
Free Cash Flow Growth	36.21%	0.24%	66.20%	244.83%	-35.27%	-55.38%
Free Cash Flow Margin	2.50%	2.20%	2.33%	1.47%	0.49%	0.98%
Free Cash Flow Per Share	4.20	3.41	3.32	2.21	0.64	1.02
Cash Interest Paid	291	284	294	243	185	216
Cash Income Tax Paid	128	181	161	68	1	-1
Levered Free Cash Flow	804.13	710.63	726.38	477.13	79.25	449.5
Unlevered Free Cash Flow	987	898.5	911.88	624.5	197.38	582.25
Change in Working Capital	7	18	117	43	-230	154

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