LON:0R19 Cash Flow Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	1,678	1,705	1,484	1,779	2,092
Depreciation & Amortization	2,462	2,286	2,288	2,229	2,230
Loss (Gain) From Sale of Assets	-	-	-268	-	-
Stock-Based Compensation	258	247	259	233	229
Other Operating Activities	-168	-687	-143	-262	-772
Change in Accounts Receivable	71	-453	-290	32	-61
Change in Inventory	-410	98	-15	-631	-83
Change in Accounts Payable	-185	625	-517	-473	660
Change in Other Net Operating Assets	-276	23	192	-436	-184
Operating Cash Flow	3,430	3,798	2,989	2,634	4,647
Operating Cash Flow Growth	-9.69%	27.07%	13.48%	-43.32%	32.88%
Capital Expenditures	-760	-725	-874	-973	-1,194
Cash Acquisitions	-	-3,924	-	-2,070	-508
Divestitures	-	-	540	-	-
Investment in Securities	422	-421	-	-	-
Other Investing Activities	-480	-444	-382	-188	-178
Investing Cash Flow	-818	-5,514	-716	-3,231	-1,880
Short-Term Debt Issued	455	400	-	230	-
Long-Term Debt Issued	-	4,517	1,662	497	4,869
Total Debt Issued	455	4,917	1,662	727	4,869
Short-Term Debt Repaid	-	-	-230	-	-
Long-Term Debt Repaid	-1,789	-1,142	-2,155	-805	-5,112
Total Debt Repaid	-1,789	-1,142	-2,385	-805	-5,112
Net Debt Issued (Repaid)	-1,334	3,775	-723	-78	-243
Repurchase of Common Stock	-1,000	-500	-	-500	-1,750
Preferred Dividends Paid	-	-	-	-90	-90
Common Dividends Paid	-1,196	-1,100	-	-992	-958
Dividends Paid	-1,196	-1,100	-1,114	-1,082	-1,048
Other Financing Activities	-87	-88	-119	1,069	-265
Financing Cash Flow	-3,617	2,087	-1,956	-591	-3,306
Foreign Exchange Rate Adjustments	-	4	5	-45	15
Miscellaneous Cash Flow Adjustments	-	-	-	-	-1
Net Cash Flow	-1,005	375	322	-1,233	-525
Free Cash Flow	2,670	3,073	2,115	1,661	3,453
Free Cash Flow Growth	-13.11%	45.30%	27.33%	-51.90%	26.58%
Free Cash Flow Margin	12.22%	15.23%	10.92%	8.80%	18.05%
Free Cash Flow Per Share	9.25	10.56	7.33	5.78	11.82
Cash Interest Paid	628	473	452	390	474
Cash Income Tax Paid	599	653	629	532	671
Levered Free Cash Flow	3,605	3,490	2,876	1,825	3,302
Unlevered Free Cash Flow	3,988	3,820	3,158	2,074	3,595
Change in Working Capital	-800	293	-630	-1,508	332

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