LON:0OAL Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	3,096	-1,404	3,643	10,227	10,367
Depreciation & Amortization	3,455	3,597	3,841	3,861	4,542
Gain (Loss) on Sale of Assets	-81	-616	29	153	-3,044
Gain (Loss) on Sale of Investments	706	637	662	637	-2,099
Change in Accounts Receivable	-1,168	-571	544	-1,681	-724
Reinsurance Recoverable	501	727	-204	2,794	-1,044
Change in Income Taxes	452	468	-338	199	1,579
Change in Insurance Reserves / Liabilities	93	341	823	-4,486	4,472
Change in Other Net Operating Assets	-197	197	1,968	1,626	-1,534
Other Operating Activities	-427	3,547	136	-4,911	-1,372
Operating Cash Flow	3,314	3,273	6,243	4,134	6,223
Operating Cash Flow Growth	1.25%	-47.57%	51.02%	-33.57%	499.52%
Investment in Securities	2,968	4,785	-3,545	2,736	-6,222
Other Investing Activities	-821	-4,237	-6,288	-7,636	-995
Investing Cash Flow	3,190	1,672	-7,021	-3,626	-3,280
Long-Term Debt Issued	1,241	661	742	97	4,445
Total Debt Repaid	-1,101	-2,048	-2,349	-9,760	-8,641
Net Debt Issued (Repaid)	140	-1,387	-1,607	-9,663	-4,196
Repurchases of Common Stock	-5,836	-6,652	-2,961	-5,200	-2,592
Repurchases of Preferred Stock	-	-485	-	-	-
Common Dividends Paid	-976	-1,002	-997	-982	-1,083
Preferred Dividends Paid	-	-22	-29	-29	-29
Total Dividends Paid	-976	-1,024	-1,026	-1,011	-1,112
Other Financing Activities	129	4,485	6,376	15,272	1,222
Financing Cash Flow	-6,543	-5,063	782	-602	-3,679
Foreign Exchange Rate Adjustments	12	-83	-13	-117	-67
Miscellaneous Cash Flow Adjustments	-	-	11	-95	-
Net Cash Flow	-27	-201	2	-306	-803
Cash Interest Paid	389	858	1,059	1,127	1,348
Cash Income Tax Paid	330	708	984	746	862
Levered Free Cash Flow	11,258	16,326	5,866	-14,283	14,560
Unlevered Free Cash Flow	11,506	16,615	6,188	-13,906	15,376
Change in Working Capital	-3,757	-2,357	-1,364	-5,280	-2,220

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