Three-Statement Breakdown
FCF DOWN
Free cash flow moved from -$1.6B to -$2.0B — the lowest of its last 8 readings.
CASH FROM OPS
-0.7%
2,654
CAPITAL EXPENDITURE
+8.2%
4,646
FREE CASH FLOW
—
-1,992
FCF / NET INCOME
—
-1.57×
| 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 | 824 | 888 | 995 | 988 | 1,092 | 1,181 | 1,219 | 1,266 | +3.9% | +28.1% | 1,266 | ||
| Cash from operations |
|
1,939 | 2,340 | 2,571 | 2,407 | 2,592 | 2,629 | 2,673 | 2,654 | -0.7% | +10.3% | 2,654 | |
| Cash conversion |
|
2.35× | 2.64× | 2.58× | 2.44× | 2.37× | 2.23× | 2.19× | 2.10× | -4.4% | -14.0% | 2.10× | |
| Capital expenditures |
|
(2,594) | (2,805) | (3,002) | (3,262) | (3,728) | (4,030) | (4,295) | (4,646) | +8.2% | +42.4% | (4,646) | |
| Free cash flow |
|
-655 | -465 | -431 | -855 | -1,136 | -1,401 | -1,622 | -1,992 | — | — | -1,992 | |
| FCF margin |
|
-7.9% | -5.5% | -5.0% | -9.7% | -12.7% | -15.5% | -17.4% | -21.2% | — | — | -21.2% | |
| Cash from investing |
|
-2,588 | -2,818 | -3,010 | -3,270 | -3,734 | -4,004 | -4,267 | -4,698 | — | — | -4,698 | |
| Dividends paid |
|
735 | 747 | 760 | 772 | 783 | 794 | 806 | 818 | +1.5% | +6.0% | 818 | |
| Debt repayment |
NOT DISCLOSED
|
91 | 0 | 0 | 0 | — | — | — | — | — | — | — | |
| Cash from financing |
|
878 | 435 | 458 | 857 | 1,678 | 2,122 | 2,505 | 2,065 | -17.6% | +141.0% | 2,065 | |
| Net change in cash |
|
229 | -43 | 19 | -6 | 536 | 747 | 911 | 21 | -97.7% | — | 21 | |
| Ending cash balance |
|
542 | 306 | 312 | 294 | 1,102 | 1,071 | 1,241 | 332 | -73.2% | +12.9% | 332 | |
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-1,622
CASH FROM OPERATIONS-19
CAPITAL EXPENDITURES-351
TO-1,992
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 2026-08-07 ↗