Solventum Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	720	1,346	1,343	1,460	1,138
Depreciation & Amortization	544	561	578	597	599
Loss (Gain) From Sale of Assets	-	-56	-	-	-
Stock-Based Compensation	94	39	37	38	35
Other Operating Activities	-96	-101	-77	40	20
Change in Accounts Receivable	-91	-129	-32	-1	41
Change in Inventory	-69	23	-82	-136	43
Change in Accounts Payable	257	105	25	68	10
Change in Other Net Operating Assets	154	127	-113	136	140
Operating Cash Flow	1,513	1,915	1,679	2,202	2,026
Operating Cash Flow Growth	-16.59%	14.06%	-23.75%	8.69%	-
Capital Expenditures	-341	-290	-251	-277	-271
Divestitures	-	60	-	-	-
Investment in Securities	-	-	-	-	469
Other Investing Activities	-	-	-2	-1	30
Investing Cash Flow	-341	-230	-253	-278	228
Long-Term Debt Repaid	-	-	-	-	-445
Net Debt Issued (Repaid)	8,103	-	-	-	-445
Other Financing Activities	-8,545	-1,552	-1,460	-1,960	-1,766
Financing Cash Flow	-442	-1,552	-1,460	-1,960	-2,211
Foreign Exchange Rate Adjustments	-	-	4	3	-3
Net Cash Flow	730	133	-30	-33	40
Free Cash Flow	1,172	1,625	1,428	1,925	1,755
Free Cash Flow Growth	-23.40%	13.80%	-25.82%	9.69%	-
Free Cash Flow Margin	14.27%	19.82%	17.56%	23.56%	24.10%
Levered Free Cash Flow	1,781	1,625	1,255	-	-
Unlevered Free Cash Flow	1,943	1,625	1,255	-	-
Change in Net Working Capital	-836	-260	165	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.