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	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	246	187	864	1,023	917	1,351
Depreciation & Amortization	363	361	277	236	212	195
Stock-Based Compensation	72	77	105	101	75	59
Other Adjustments	41.5	397	-102	-408	106	-147
Change in Receivables	99	79	383	-212	-123	-277
Changes in Inventories	-25	-13	-131	-230	-220	-138
Changes in Accounts Payable	-36	-217	-157	163	-237	663
Changes in Accrued Expenses	-86	-142	-101	102	172	329
Changes in Income Taxes Payable	-103	-61	-65	16	7	-119
Changes in Other Operating Activities	71	107	-207	6	-51	244
Operating Cash Flow	850	700	939	799	858	2,458
Operating Cash Flow Growth	-9.38%	-25.45%	17.52%	-6.88%	-65.09%	12.39%
Capital Expenditures	-167	-162	-175	-251	-196	-192
Sale of Property, Plant & Equipment	0.5	1	4	1	7	7
Purchases of Intangible Assets	-99	-154	-176	-10	-231	-296
Payments for Business Acquisitions	-	-75	-166	-	-	-
Proceeds from Business Divestments	433	-	-	-	-	-
Investing Cash Flow	168	-390	-513	-260	-420	-481
Short-Term Debt Repaid	-	-	-	-	-	-1,512
Net Short-Term Debt Issued (Repaid)	-	-	-	-	-	-1,512
Long-Term Debt Issued	965	1,055	1,186	80	-	9,470
Long-Term Debt Repaid	-1,452	-1,513	-1,197	-338	-108	-112
Net Long-Term Debt Issued (Repaid)	-487	-458	-11	-258	-108	9,358
Common Dividends Paid	-22	-88	-297	-294	-290	-145
Other Financing Activities	-15	-15	-60	-17	-35	-8,678
Financing Cash Flow	-524	-561	-368	-569	-433	-1,333
Effect of Exchange Rate Changes on Cash and Cash Equivalents	75	150	-76	17	-36	23
Net Cash Flow	569	-101	-18	-13	-31	667
Free Cash Flow	683	538	764	548	662	2,266
Free Cash Flow Growth	26.95%	-29.58%	39.42%	-17.22%	-70.79%	17.29%
FCF Margin	11.08%	8.66%	11.93%	8.75%	10.72%	35.95%
Free Cash Flow Per Share	2.62	2.06	2.95	2.14	2.59	8.91
Levered Free Cash Flow	-224	-398	294	807	496	10,179
Unlevered Free Cash Flow	395.39	235.56	912.05	1,953	970.15	2,580

SEC Filings: 10-K · 10-Q