Organon & Co. 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	Jun '26 Jun 30, 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	209	187	864	1,023	917	1,351
Depreciation & Amortization	354	361	277	236	212	195
Stock-Based Compensation	75	77	105	101	75	59
Other Adjustments	17	397	-102	-408	106	-147
Change in Receivables	-21	79	383	-212	-123	-277
Changes in Inventories	-6	-13	-131	-230	-220	-138
Changes in Accounts Payable	-2	-217	-157	163	-237	663
Changes in Accrued Expenses	-8	-142	-101	102	172	329
Changes in Income Taxes Payable	-104	-61	-65	16	7	-119
Changes in Other Operating Activities	-3	107	-207	6	-51	244
Operating Cash Flow	737	700	939	799	858	2,458
Operating Cash Flow Growth	-10.78%	-25.45%	17.52%	-6.88%	-65.09%	12.39%
Capital Expenditures	-170	-162	-175	-251	-196	-192
Sale of Property, Plant & Equipment	-	1	4	1	7	7
Purchases of Intangible Assets	-133	-154	-176	-10	-231	-296
Cash Acquisitions	-	-75	-166	-	-	-
Proceeds from Business Divestments	433	-	-	-	-	-
Investing Cash Flow	130	-390	-513	-260	-420	-481
Short-Term Debt Repaid	-	-	-	-	-	-1,512
Net Short-Term Debt Issued (Repaid)	-	-	-	-	-	-1,512
Long-Term Debt Issued	625	1,055	1,186	80	-	9,470
Long-Term Debt Repaid	-911	-1,513	-1,197	-338	-108	-112
Net Long-Term Debt Issued (Repaid)	-286	-458	-11	-258	-108	9,358
Common Dividends Paid	-18	-88	-297	-294	-290	-145
Other Financing Activities	-9	-15	-60	-17	-35	-8,678
Financing Cash Flow	-313	-561	-368	-569	-433	-1,333
Foreign Exchange Rate Adjustments	-21	150	-76	17	-36	23
Net Cash Flow	533	-101	-18	-13	-31	667
Free Cash Flow	567	538	764	548	662	2,266
Free Cash Flow Growth	-13.83%	-29.58%	39.42%	-17.22%	-70.79%	17.29%
FCF Margin	9.25%	8.66%	11.93%	8.75%	10.72%	35.95%
Free Cash Flow Per Share	2.15	2.06	2.95	2.14	2.59	8.91
Levered Free Cash Flow	-16	-398	294	807	496	10,179
Unlevered Free Cash Flow	539.87	235.56	912.05	1,953	970.15	2,580

SEC Filings: 10-K · 10-Q