POR 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	251	306	313	228	233	244
Depreciation & Amortization	582	578	496	458	417	404
Stock-Based Compensation	-	16	24	17	15	14
Other Adjustments	289	256	69	91	-7	-87
Change in Receivables	61	-16	-66	-29	-66	-64
Changes in Inventories	-19	-	-	-	-	-
Changes in Accounts Payable	33	44	47	-166	157	61
Changes in Other Operating Activities	-26	-66	-105	-179	-75	-40
Operating Cash Flow	1,155	1,118	778	420	674	532
Operating Cash Flow Growth	38.49%	43.70%	85.24%	-37.69%	26.69%	-6.17%
Capital Expenditures	-1,089	-1,189	-1,268	-1,358	-766	-636
Purchases of Investments	-10	-9	-8	-1	-3	-10
Proceeds from Sale of Investments	6.5	4	2	1	3	12
Other Investing Activities	10	-2	-23	-	8	-22
Investing Cash Flow	-1,082	-1,196	-1,297	-1,358	-758	-656
Short-Term Debt Issued	9	-	-146	146	-	200
Short-Term Debt Repaid	-	-	-	-	-	-350
Net Short-Term Debt Issued (Repaid)	9	-	-146	146	-	-150
Long-Term Debt Issued	-	310	670	600	360	400
Long-Term Debt Repaid	-68	-170	-130	-260	-	-160
Net Long-Term Debt Issued (Repaid)	-68	140	540	340	360	240
Issuance of Common Stock	49	250	346	485	-	-
Repurchase of Common Stock	-	-	-	-	-18	-12
Net Common Stock Issued (Repurchased)	49	250	346	485	-18	-12
Common Dividends Paid	-230	-225	-200	-179	-158	-150
Other Financing Activities	-37	-23	-14	-14	13	-9
Financing Cash Flow	-76	142	526	778	197	-81
Net Cash Flow	-3	64	7	-160	113	-205
Free Cash Flow	66	-71	-490	-938	-92	-104
FCF Margin	1.87%	-1.99%	-14.24%	-32.09%	-3.48%	-4.34%
Free Cash Flow Per Share	0.59	-0.64	-4.70	-9.58	-1.03	-1.16
Levered Free Cash Flow	-327	-187	-123	-531	326	123
Unlevered Free Cash Flow	-92.9	-159.94	-372.13	-914.28	73.08	134.44

SEC Filings: 10-K · 10-Q