Kenvue Inc. (KVUE)

Kenvue Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 29, 2026	Dec 28, 2025	Dec 29, 2024	Dec 31, 2023	Jan 1, 2023	Jan 2, 2022
Net Income	1,622	1,470	1,030	1,664	2,064	2,078
Depreciation & Amortization	564	557	622	627	644	731
Stock-Based Compensation	121	136	254	188	137	141
Other Adjustments	25	-18	434	-108	205	516
Change in Receivables	-149	-112	-218	44	-142	-303
Changes in Inventories	35	-12	182	349	-582	-77
Changes in Accounts Payable	-22	41	-536	1,454	35	330
Changes in Accrued Expenses	-	-	-	-	-	-2,977
Changes in Income Taxes Payable	-56	-27	-61	-331	-5	-19
Changes in Other Operating Activities	118	162	62	-719	169	-86
Operating Cash Flow	2,258	2,197	1,769	3,168	2,525	334
Operating Cash Flow Growth	18.22%	24.19%	-44.16%	25.46%	655.99%	-90.17%
Capital Expenditures	-435	-475	-434	-469	-375	-295
Sale of Property, Plant & Equipment	-	24	-6	21	8	77
Other Investing Activities	-25	15	15	-40	-23	47
Investing Cash Flow	-436	-436	-425	-488	-390	-171
Short-Term Debt Issued	-144	-146	157	574	-	-
Net Short-Term Debt Issued (Repaid)	-144	-146	157	574	-	-
Long-Term Debt Issued	373	746	-	7,686	14	-7
Long-Term Debt Repaid	-1,125	-750	-	-	-	-
Net Long-Term Debt Issued (Repaid)	-752	-4	-	7,686	14	-7
Issuance of Common Stock	-	-	-	4,241	-	-
Repurchase of Common Stock	-134	-197	-235	-7	-	-
Net Common Stock Issued (Repurchased)	-134	-197	-235	4,234	-	-
Common Dividends Paid	-1,587	-1,581	-1,552	-766	-	-
Other Financing Activities	47	91	65	-14,255	-1,597	7
Financing Cash Flow	-1,822	-1,837	-1,565	-2,527	-1,583	0
Effect of Exchange Rate Changes on Cash and Cash Equivalents	18	68	-91	-2	-61	-41
Net Cash Flow	18	-8	-312	151	491	122
Free Cash Flow	1,823	1,722	1,335	2,699	2,150	39
Free Cash Flow Growth	5.87%	28.99%	-50.54%	25.54%	5412.82%	-98.77%
FCF Margin	11.92%	11.39%	8.64%	17.48%	14.38%	0.26%
Free Cash Flow Per Share	0.95	0.90	0.69	1.46	1.25	0.02
Levered Free Cash Flow	930	1,566	1,022	10,835	1,964	-322
Unlevered Free Cash Flow	2,127	2,021	1,175	2,820	1,980	-318.55

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q