AbbVie 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	4,233	4,286	4,873	11,845	11,549
Depreciation & Amortization	8,139	8,386	8,698	8,467	8,521
Stock-Based Compensation	955	911	747	671	692
Other Adjustments	8,065	8,005	5,708	4,054	3,246
Change in Receivables	-1,490	207	66	-1,455	-1,321
Changes in Inventories	-234	-319	-417	-686	-142
Changes in Income Taxes Payable	-762	-3,208	-488	542	-1,290
Changes in Other Operating Activities	124	538	3,652	1,505	1,522
Operating Cash Flow	19,030	18,806	22,839	24,943	22,777
Operating Cash Flow Growth	1.19%	-17.66%	-8.43%	9.51%	29.50%
Capital Expenditures	-1,214	-974	-777	-695	-787
Purchases of Investments	-35	-73	-77	-1,438	-119
Proceeds from Sale of Investments	76	555	55	1,530	98
Payments for Business Acquisitions	-5,441	-20,517	-1,223	-794	-1,902
Other Investing Activities	-29	189	13	774	366
Investing Cash Flow	-6,643	-20,820	-2,009	-623	-2,344
Short-Term Debt Issued	4,798	5,008	-	-	-
Short-Term Debt Repaid	-2,798	-5,008	-	-	-
Net Short-Term Debt Issued (Repaid)	2,000	-	-	-	-
Long-Term Debt Issued	3,994	16,963	-	2,000	1,000
Long-Term Debt Repaid	-6,797	-9,613	-4,149	-14,433	-9,414
Net Long-Term Debt Issued (Repaid)	-2,803	7,350	-4,149	-12,433	-8,414
Issuance of Common Stock	172	214	180	262	244
Repurchase of Common Stock	-980	-1,708	-1,972	-1,487	-934
Net Common Stock Issued (Repurchased)	-808	-1,494	-1,792	-1,225	-690
Common Dividends Paid	-11,657	-11,025	-10,539	-10,043	-9,261
Other Financing Activities	544	-42	-742	-1,102	-674
Financing Cash Flow	-12,724	-5,211	-17,222	-24,803	-19,039
Effect of Exchange Rate Changes on Cash and Cash Equivalents	42	-65	5	-62	-97
Net Cash Flow	-295	-7,290	3,613	-545	1,297
Free Cash Flow	17,816	17,832	22,062	24,248	21,990
Free Cash Flow Growth	-0.09%	-19.17%	-9.01%	10.27%	30.97%
FCF Margin	29.13%	31.65%	40.62%	41.77%	39.13%
Free Cash Flow Per Share	10.05	10.06	12.44	13.64	12.37
Levered Free Cash Flow	9,476	16,051	11,382	8,536	10,952
Unlevered Free Cash Flow	15,726	14,962	20,614	25,056	23,761

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.