Lumen Technologies Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	-1,738	-1,739	-55	-10,298	-1,548	2,033
Depreciation & Amortization	2,700	2,749	2,956	2,985	3,239	4,019
Stock-Based Compensation	51	48	29	52	98	120
Other Adjustments	-115	425	-292	10,920	2,400	1,020
Change in Receivables	-504	-168	19	102	-158	-8
Changes in Accounts Payable	359	632	-202	-97	98	-261
Changes in Income Taxes Payable	656	20	-189	-1,185	972	-69
Changes in Unearned Revenue	3,782	2,673	1,763	230	6	-
Changes in Other Operating Activities	-28	98	304	-549	-372	-353
Operating Cash Flow	4,966	4,738	4,333	2,160	4,735	6,501
Operating Cash Flow Growth	14.79%	9.35%	100.60%	-54.38%	-27.16%	-0.35%
Capital Expenditures	-4,519	-4,367	-3,231	-3,100	-3,016	-2,900
Sale of Property, Plant & Equipment	49	47	366	165	120	135
Proceeds from Business Divestments	4,977	-	15	1,746	8,369	-
Other Investing Activities	7	15	20	-12	3	53
Investing Cash Flow	514	-4,305	-2,830	-1,201	5,476	-2,712
Net Short-Term Debt Issued (Repaid)	-	-	-200	200	-200	50
Long-Term Debt Issued	6,535	8,158	1,325	-	-	1,881
Long-Term Debt Repaid	-11,691	-8,818	-2,678	-185	-8,093	-3,598
Net Long-Term Debt Issued (Repaid)	-5,156	-660	-1,353	-185	-8,093	-1,717
Repurchase of Common Stock	-	-	-	-	-200	-1,000
Net Common Stock Issued (Repurchased)	-	-	-	-	-200	-1,000
Common Dividends Paid	-	-1	-3	-11	-780	-1,087
Other Financing Activities	-600	-658	-295	-22	-40	-53
Financing Cash Flow	-5,756	-1,319	-1,851	-18	-9,313	-3,807
Net Cash Flow	-276	-886	-348	941	898	-18
Free Cash Flow	447	371	1,102	-940	1,719	3,601
Free Cash Flow Growth	20.48%	-66.33%	-	-	-52.26%	28.84%
FCF Margin	3.69%	2.99%	8.41%	-6.46%	9.84%	18.29%
Free Cash Flow Per Share	0.45	0.37	1.12	-0.96	1.71	3.38
Levered Free Cash Flow	-3,944	-594	-207	-11,999	-8,914	802
Unlevered Free Cash Flow	2,710	1,285	1,511	-11,357	1,075	3,661

SEC Filings: 10-K · 10-Q