Moody's Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 1998
Net Income	1,607	1,374	2,214	1,778	1,422	1,310	1,001	266.6	941.3	988.7	Upgrade
Depreciation & Amortization	373	331	257	220	200	192	158	126.7	113.5	95.6	Upgrade
Share-Based Compensation	193	169	175	154	136	130	123	98.1	87.2	21.7	Upgrade
Other Operating Activities	-22	-400	-641	-6	-83	-171	-527	767.8	56.1	-87.4	Upgrade
Operating Cash Flow	2,151	1,474	2,005	2,146	1,675	1,461	755	1,259	1,198	1,019	Upgrade
Operating Cash Flow Growth	45.93%	-26.48%	-6.57%	28.12%	14.65%	93.51%	-40.04%	5.10%	17.62%	9.91%	Upgrade
Capital Expenditures	-271	-283	-139	-103	-69	-91	-91	-115.2	-89	-74.6	Upgrade
Acquisitions	5	-169	-2,443	-897	64	-283	-3,511	-79.3	-7.6	-239.7	Upgrade
Change in Investments	19	-30	-74	-79	29	-32	69	292.7	-35.1	-272.3	Upgrade
Other Investing Activities	-	220	37	2	12	-	113	3.8	39.7	21.7	Upgrade
Investing Cash Flow	-247	-262	-2,619	-1,077	36	-406	-3,420	102	-92	-564.9	Upgrade
Dividends Paid	-564	-515	-463	-420	-378	-337	-290	-285.1	-272.1	-236	Upgrade
Share Issuance / Repurchase	-511	-1,044	-795	-556	-1,023	-218	-193	-705.4	-1,068.4	-1,122.5	Upgrade
Debt Issued / Paid	-500	352	1,141	649	-147	148	2,095	-0.1	852.8	447.7	Upgrade
Other Financing Activities	-9	-1	-5	-24	-15	-5	-12	-52.3	-17.8	-153.7	Upgrade
Financing Cash Flow	-1,584	-1,208	-122	-351	-1,563	-412	1,600	-1,042.9	-505.5	-1,064.5	Upgrade
Exchange Rate Effect	41	-46	-50	47	-1	-30	85	-24.2	-62.7	-89.2	Upgrade
Net Cash Flow	361	-42	-786	765	147	613	-980	294.1	537.9	-700	Upgrade
Free Cash Flow	1,880	1,191	1,866	2,043	1,606	1,370	664	1,144	1,109	944	Upgrade
Free Cash Flow Growth	57.85%	-36.17%	-8.66%	27.21%	17.23%	106.33%	-41.96%	3.15%	17.49%	6.73%	Upgrade
Free Cash Flow Margin	31.78%	21.78%	30.01%	38.04%	33.26%	30.84%	15.79%	31.74%	31.83%	28.31%	Upgrade
Free Cash Flow Per Share	10.26	6.48	10.01	10.89	8.48	7.15	3.48	5.94	5.54	4.48	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).