Three-Statement Breakdown
FCF UP
Free cash flow moved from -$1.1B to -$1.0B.
CASH FROM OPS
+28.0%
3,700
CAPITAL EXPENDITURE
+16.7%
4,705
FREE CASH FLOW
—
-1,005
FCF / NET INCOME
—
-0.99×
| Cash flow | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | YoY | TTM | 8Q | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income |
|
1,348 | 912 | 1,079 | 1,283 | 406 | 1,102 | 978 | 1,020 | +4.3% | 1,085 | |
| Depreciation & amortization |
NOT DISCLOSED
|
1,384 | 1,217 | 1,199 | 1,664 | 1,317 | — | — | — | — | — | |
| Cash from operations |
|
1,410 | 2,467 | 1,423 | 2,811 | 2,683 | 1,387 | 2,891 | 3,700 | +28.0% | 3,118 | |
| Cash conversion |
|
1.05× | 2.71× | 1.32× | 2.19× | 6.61× | 1.26× | 2.96× | 3.63× | +22.7% | 2.87× | |
| Capital expenditures |
|
(2,675) | (2,665) | (2,657) | (2,487) | (2,848) | (3,356) | (4,030) | (4,705) | +16.7% | (5,072) | |
| Free cash flow |
|
-1,265 | -198 | -1,234 | 324 | -165 | -1,969 | -1,139 | -1,005 | — | -1,954 | |
| FCF margin |
|
-11.2% | -1.8% | -11.4% | 2.9% | -1.3% | -15.3% | -8.5% | -6.7% | — | -12.3% | |
| Cash from investing |
|
-3,018 | -2,873 | -2,908 | -2,559 | -3,076 | -3,652 | -4,350 | -5,065 | — | -5,479 | |
| Dividends paid |
|
711 | 814 | 845 | 849 | 891 | 906 | 970 | 1,016 | +4.7% | 1,040 | |
| Debt repayment |
|
2,608 | 789 | 1,114 | 532 | 3,005 | 537 | 2,760 | 3,129 | +13.4% | 1,668 | |
| Cash from financing |
|
1,394 | 656 | 2,607 | -542 | -912 | 2,238 | 1,434 | 1,310 | -8.6% | 1,938 | |
| Net change in cash |
|
-214 | 250 | 1,122 | -290 | -1,305 | -27 | -25 | -55 | — | -423 | |
| Ending cash balance |
|
367 | 627 | 1,734 | 1,462 | 160 | 137 | 111 | 57 | -48.6% | 63 | |
Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.
SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM-1,139
CASH FROM OPERATIONS+809
CAPITAL EXPENDITURES-675
TO-1,005
No bridge for this line yet — select Free cash flow to see its QoQ walk.
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM
SRC 10-Q FILED 2026-07-28 ↗