ConocoPhillips 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	7,988	9,245	10,957	18,680	8,079
Depreciation & Amortization	11,591	9,605	8,323	7,593	7,218
Loss (Gain) From Sale of Assets	-731	-51	-228	-1,077	-486
Asset Writedown & Restructuring Costs	26	80	14	-12	674
Loss (Gain) From Sale of Investments	-	-	-	-251	-1,040
Loss (Gain) on Equity Investments	200	564	964	942	446
Other Operating Activities	798	862	1,317	2,673	834
Change in Accounts Receivable	803	-262	1,333	-963	-2,500
Change in Inventory	-116	-68	-103	-38	-160
Change in Accounts Payable	-212	-543	-1,118	901	1,399
Change in Income Taxes	-527	613	-1,831	39	3,181
Change in Other Net Operating Assets	-24	79	337	-173	-649
Operating Cash Flow	19,796	20,124	19,965	28,314	16,996
Operating Cash Flow Growth	-1.63%	0.80%	-29.49%	66.59%	253.94%
Capital Expenditures	-12,553	-12,118	-11,248	-10,159	-5,324
Sale of Property, Plant & Equipment	3,248	261	632	3,471	1,653
Cash Acquisitions	-	-24	-2,724	-60	-8,290
Investment in Securities	-55	415	1,373	-2,629	3,091
Other Investing Activities	524	316	-33	636	326
Investing Cash Flow	-8,836	-11,150	-12,000	-8,741	-8,544
Long-Term Debt Issued	-	5,591	3,787	2,897	-
Long-Term Debt Repaid	-913	-4,981	-1,379	-6,267	-505
Net Debt Issued (Repaid)	-913	610	2,408	-3,370	-505
Issuance of Common Stock	-	-	-	362	145
Repurchase of Common Stock	-5,018	-5,463	-5,400	-9,270	-3,623
Common Dividends Paid	-3,995	-3,646	-5,583	-5,726	-2,359
Other Financing Activities	-176	-336	-86	-49	7
Financing Cash Flow	-10,102	-8,835	-8,661	-18,053	-6,335
Foreign Exchange Rate Adjustments	153	-133	-99	-224	-34
Net Cash Flow	1,011	6	-795	1,296	2,083
Free Cash Flow	7,243	8,006	8,717	18,155	11,672
Free Cash Flow Growth	-9.53%	-8.16%	-51.99%	55.54%	13316.09%
Free Cash Flow Margin	12.02%	14.18%	15.07%	22.53%	25.01%
Free Cash Flow Per Share	5.78	6.78	7.23	14.20	8.79
Cash Interest Paid	757	806	701	873	924
Cash Income Tax Paid	4,822	3,621	5,406	7,368	856
Levered Free Cash Flow	7,487	6,667	5,435	15,980	10,669
Unlevered Free Cash Flow	8,021	7,157	5,923	16,483	11,221
Change in Working Capital	-76	-181	-1,382	-234	1,271

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