Three-Statement Breakdown
FCF UP
Free cash flow rose 8.6% to $1.2B, and covered net income 0.81×.
CASH FROM OPS
+8.0%
1,290
CAPITAL EXPENDITURE
+2.7%
118
FREE CASH FLOW
+8.6%
1,171
FCF / NET INCOME
+0.9%
0.81×
| Cash flow | TTM 24-09 | TTM 24-12 | TTM 25-03 | TTM 25-06 | TTM 25-09 | TTM 25-12 | TTM 26-03 | vs prior TTM | YoY | TTM | 8Q | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 927 | 1,007 | 1,051 | 1,105 | 1,130 | 1,273 | 1,338 | 1,439 | +7.6% | +30.2% | 1,439 | ||
| Cash from operations |
|
1,362 | 1,408 | 1,384 | 1,298 | 1,247 | 1,302 | 1,194 | 1,290 | +8.0% | -0.6% | 1,290 | |
| Cash conversion |
|
1.47× | 1.40× | 1.32× | 1.17× | 1.10× | 1.02× | 0.89× | 0.90× | +0.4% | -23.7% | 0.90× | |
| Capital expenditures |
|
(79) | (75) | (81) | (90) | (99) | (113) | (115) | (118) | +2.7% | +32.2% | (118) | |
| Free cash flow |
|
1,283 | 1,333 | 1,303 | 1,208 | 1,149 | 1,189 | 1,079 | 1,171 | +8.6% | -3.1% | 1,171 | |
| FCF margin |
|
9.0% | 9.2% | 8.7% | 7.7% | 7.1% | 7.0% | 6.1% | 6.3% | +3.6% | -18.5% | 6.3% | |
| Cash from investing |
|
-271 | -299 | -1,155 | -1,027 | -1,033 | -874 | -70 | -88 | — | — | -88 | |
| Dividends paid |
|
40 | 43 | 46 | 46 | 45 | 45 | 51 | 58 | +12.8% | +26.6% | 58 | |
| Share repurchases |
|
428 | 490 | 676 | 773 | 517 | 586 | 449 | 423 | -5.8% | -45.3% | 423 | |
| Cash from financing |
|
-591 | -555 | -497 | -605 | -595 | -664 | -787 | -757 | — | — | -757 | |
| Net change in cash |
|
513 | 551 | -265 | -321 | -380 | -228 | 339 | 437 | +29.0% | — | 437 | |
| Ending cash balance |
|
1,036 | 1,340 | 577 | 486 | 655 | 1,112 | 916 | 924 | +0.9% | +90.2% | 924 | |
Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.
SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM1,079
CASH FROM OPERATIONS+96
CAPITAL EXPENDITURES-3
ROUNDING-1
TO1,171
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 2026-07-30 ↗