State Street 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	2,945	2,687	1,944	2,774	2,693
Depreciation & Amortization	1,115	1,054	1,068	1,156	1,557
Gain (Loss) on Sale of Investments	-4	79	294	2	-57
Provision for Credit Losses	59	75	46	20	-33
Change in Trading Asset Securities	-59	5	-123	108	57
Accrued Interest Receivable	-350	-224	-359	-156	-173
Change in Other Net Operating Assets	8,432	-16,885	-2,067	7,674	-10,993
Other Operating Activities	-240	-1	-113	376	239
Operating Cash Flow	11,898	-13,210	690	11,954	-6,710
Operating Cash Flow Growth	-	-	-94.23%	-	-
Capital Expenditures	-1,055	-926	-816	-734	-811
Cash Acquisitions	-286	-194	-61	-	-346
Investment in Securities	-9,643	-30,908	17,738	7,380	3,338
Divestitures	-	-	-	-	13
Net Decrease (Increase) in Loans Originated / Sold - Investing	-2,651	-7,123	-4,240	119	-4,607
Other Investing Activities	644	-332	117	51	241
Investing Cash Flow	-12,991	-39,483	12,738	6,816	-2,172
Short-Term Debt Issued	-	7,994	2,253	1,969	-
Long-Term Debt Issued	5,722	6,523	6,221	3,731	1,343
Total Debt Issued	5,722	14,517	8,474	5,700	1,343
Short-Term Debt Repaid	-8,858	-	-	-398	-5,697
Long-Term Debt Repaid	-4,143	-2,046	-2,545	-1,567	-1,443
Total Debt Repaid	-13,001	-2,046	-2,545	-1,965	-7,140
Net Debt Issued (Repaid)	-7,279	12,471	5,929	3,735	-5,797
Issuance of Common Stock	-	-	-	-	1,900
Repurchase of Common Stock	-1,306	-1,402	-3,876	-1,623	-939
Preferred Stock Issued	743	2,323	-	-	-
Preferred Share Repurchases	-	-1,500	-	-	-500
Total Dividends Paid	-1,120	-1,033	-970	-972	-866
Net Increase (Decrease) in Deposit Accounts	11,363	40,952	-14,491	-19,571	15,248
Other Financing Activities	-20	-20	57	-	-
Financing Cash Flow	2,381	51,791	-13,351	-18,431	9,046
Net Cash Flow	1,288	-902	77	339	164
Free Cash Flow	10,843	-14,136	-126	11,220	-7,521
Free Cash Flow Margin	78.09%	-109.37%	-1.06%	92.51%	-62.36%
Free Cash Flow Per Share	37.52	-46.77	-0.39	30.32	-21.01
Cash Interest Paid	8,805	8,951	6,184	1,354	37
Cash Income Tax Paid	594	451	423	436	559

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