← CNH Industrial N.V.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $2.0b $2.3b $1.3b $505.0m
Net Income (Loss) Attributable to Parent ($252.0m) $295.0m $1.1b $1.4b ($493.0m) $1.7b $2.0b $2.4b $1.2b $510.0m
Net Income (Loss) Available to Common Stockholders, Basic ($252.0m) $295.0m $1.1b $1.4b ($493.0m) $1.7b $2.0b $2.3b $1.2b $510.0m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($249.0m) $313.0m $1.1b $1.5b ($438.0m) $1.8b $2.0b $2.4b $1.3b $505.0m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — — $2.0b $2.4b — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — — $0 $0 — —
Net Income (Loss) Attributable to Noncontrolling Interest $3.0m $18.0m $31.0m $32.0m $55.0m $37.0m $10.0m $12.0m $13.0m ($5.0m)
Depreciation, Depletion and Amortization $1.3b — $703.0m $660.0m — — $405.0m $400.0m $423.0m $464.0m
Amortization of Intangible Assets $111.0m $115.0m $116.0m $112.0m $105.0m $120.0m $130.0m $164.0m $182.0m $165.0m
Depreciation $884.0m $929.0m $965.0m $853.0m $801.0m $751.0m $198.0m $213.0m $235.0m $267.0m
Amortization Cash Flow — — — — — — $130.0m $164.0m $182.0m $165.0m
Amortization Of Intangibles — — — — — — $130.0m $164.0m $182.0m $165.0m
Depreciation Amortization Depletion — — — — — — $535.0m $564.0m $605.0m $629.0m
Deferred Income Tax Expense (Benefit) $69.0m $101.0m $64.0m ($474.0m) ($285.0m) ($251.0m) ($72.0m) ($524.0m) ($106.0m) ($196.0m)
Share-based Payment Arrangement, Noncash Expense — — — — — — $87.0m $99.0m $71.0m $45.0m
Share-based Payment Arrangement, Expense $3.0m $19.0m $35.0m $33.0m $38.0m $99.0m $87.0m $99.0m $19.0m $25.0m
Equity Method Investment, Other than Temporary Impairment — — — — — — — — — $62.0m
Goodwill and Intangible Asset Impairment $0 $0 $0 $0 $0 $0 $0 $0 — —
Goodwill, Impairment Loss — — — — $585.0m $0 $0 — $0 $0
Impairment of Intangible Assets, Finite-lived — — — — — $0 — — — —
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) — — — — — — — — $11.0m —
Asset Impairment Charge — — — — — $0 $0 — — —
Gain (Loss) on Disposition of Assets ($4.0m) ($27.0m) ($2.0m) $20.0m ($7.0m) $44.0m $42.0m ($10.0m) ($11.0m) —
Income (Loss) from Equity Method Investments $58.0m $88.0m $50.0m $13.0m $17.0m $122.0m $104.0m $274.0m $138.0m $69.0m
Income Tax Expense (Benefit) $298.0m $455.0m $417.0m ($271.0m) ($50.0m) $342.0m $747.0m $594.0m $336.0m $184.0m
Earnings (Loss)es From Equity Investments — — — — — — ($69.0m) ($115.0m) ($11.0m) $17.0m
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions ($5) ($39) $3 ($2) ($15) $42 $69 $211 $11 ($17)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Inventories ($106.0m) $213.0m ($112.0m) ($440.0m) ($1.9b) $771.0m $151.0m $259.0m ($787.0m) ($749.0m)
Increase (Decrease) in Accounts Payable $96.0m $344.0m $280.0m ($179.0m) $388.0m $763.0m $125.0m ($157.0m) ($1.2b) ($198.0m)
Foreign Currency Transaction Gain (Loss), before Tax — — ($171.0m) ($56.0m) — — — ($105.0m) ($15.0m) ($22.0m)
Foreign Currency Transaction Gain (Loss), Realized $149.0m $140.0m ($199.0m) ($80.0m) ($57.0m) ($60.0m) ($80.0m) ($119.0m) ($28.0m) —
Goodwill $2.4b $2.5b $2.5b $2.5b $1.9b $3.3b $3.3b $3.6b $3.6b $3.6b
Inventory Write-down — — — — — — $17.0m $17.0m — —
Proceeds from Stock Options Exercised — $28.0m $2.0m $0 $0 $0 — — — —
Beginning Cash Position — — — — — — $5.8b $5.1b $5.0b $3.9b
Cash Flow From Continuing Financing Activities — — — — — — $2.0b $2.6b ($67.0m) ($2.0b)
Cash Flow From Continuing Investing Activities — — — — — — ($3.0b) ($3.7b) ($2.8b) ($1.4b)
Cash From Discontinued Financing Activities — — — — — ($46.0m) $0 $0 — —
Cash From Discontinued Investing Activities — — — — — ($431.0m) $0 $0 — —
Change In Account Payable — — — — — — $125.0m ($157.0m) ($1.2b) ($198.0m)
Change In Inventory — — — — — — ($151.0m) ($259.0m) $787.0m $749.0m
Change In Other Working Capital — — — — — — $371.0m $672.0m ($841.0m) ($519.0m)
Change In Payable — — — — — — $125.0m ($157.0m) ($1.2b) ($198.0m)
Change In Payables And Accrued Expense — — — — — — $125.0m ($157.0m) ($1.2b) ($198.0m)
Change In Receivables — — — — — — ($2.4b) ($2.3b) $1.0b $708.0m
Change In Working Capital — — — — — — ($2.1b) ($2.0b) ($225.0m) $740.0m
Changes In Account Receivables — — — — — $191.0m ($2.4b) — — —
Changes In Cash — — — — — — ($488.0m) ($194.0m) ($871.0m) ($862.0m)
End Cash Position — — — — — — $5.1b $5.0b $3.9b $3.2b
Financing Cash Flow — — — — — — $2.0b $2.6b ($67.0m) ($2.0b)
Free Cash Flow — — — — — — ($442.0m) ($288.0m) $782.0m $1.3b
Investing Cash Flow — — — — — — ($3.0b) ($3.7b) ($2.8b) ($1.4b)
Operating Gains Losses — — — — — — ($111.0m) ($115.0m) ($11.0m) $17.0m
Other Non Cash Items — — — — — — $196.0m $183.0m $340.0m $647.0m
Repurchase Of Capital Stock — — — — — — ($153.0m) ($652.0m) ($702.0m) ($100.0m)
Other Operating Income (Expense), Net ($861.0m) ($405.0m) — — — — — — — —
Net Cash Provided by (Used in) Operating Activities $2.1b $2.0b $2.6b $1.8b $5.5b $4.1b $557.0m $907.0m $2.0b $2.5b
Cash flows from investing activities:
Capital Expenditure — — — — — — ($999.0m) ($1.2b) ($1.2b) ($1.2b)
Capital Expenditure Reported $2.1b — — — — — ($999.0m) ($1.2b) ($1.2b) ($1.2b)
Payments for (Proceeds from) Other Investing Activities $77.0m ($130.0m) ($228.0m) $160.0m $427.0m $2.0b $496.0m $275.0m ($181.0m) $136.0m
Net Other Investing Changes — — — — — — ($2.0b) ($2.5b) ($1.6b) ($182.0m)
Net Cash Provided by (Used in) Investing Activities — — ($1.9b) ($2.0b) ($2.8b) ($5.0b) ($3.0b) ($3.7b) ($2.8b) ($1.4b)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $12.6b $15.9b $16.2b $13.2b $12.0b $11.4b $11.2b $9.9b $15.1b $13.0b
Issuance Of Debt — — — — — — $11.2b $9.9b $15.1b $13.0b
Long Term Debt Issuance — — — — — — $11.2b $9.9b $15.1b $13.0b
Net Issuance Payments Of Debt — — — — — — $2.0b $1.7b $1.7b ($21.0m)
Net Long Term Debt Issuance — — — — — — $2.0b $1.7b $1.7b ($21.0m)
Repayments of Long-term Debt $13.8b $16.8b $16.9b $12.9b $10.5b $12.7b $9.2b $8.2b $13.5b $13.0b
Long Term Debt Payments — — — — — — ($9.2b) ($8.2b) ($13.5b) ($13.0b)
Repayment Of Debt — — — — — — ($9.2b) ($8.2b) ($13.5b) ($13.0b)
Net Common Stock Issuance — — — — — — ($153.0m) ($652.0m) ($702.0m) ($100.0m)
Common Stock Payments — — — — — — ($153.0m) ($652.0m) ($702.0m) ($100.0m)
Dividends paid $207 $168 $243 $283 $8 $188 $423 $538 $607 $333
Cash Dividends Paid — — — — — — ($423.0m) ($538.0m) ($607.0m) ($333.0m)
Common Stock Dividend Paid — — — — — — ($423.0m) ($538.0m) ($607.0m) ($333.0m)
Proceeds from (Payments for) Other Financing Activities ($58.0m) ($25.0m) ($156.0m) ($57.0m) $0 $0 ($153.0m) ($652.0m) ($702.0m) ($100.0m)
Net Other Financing Charges — — — — — — $580.0m $2.1b ($416.0m) ($1.6b)
Net Cash Provided by (Used in) Financing Activities — — ($723.0m) $206.0m $659.0m ($1.4b) $2.0b $2.6b ($67.0m) ($2.0b)
Effect Of Exchange Rate Changes — — — — — — ($228.0m) $110.0m ($308.0m) $225.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — ($397.0m) ($30.0m) $3.9b ($2.8b) ($716.0m) ($84.0m) ($1.2b) ($637.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $5.8b $5.8b $9.6b $6.9b $5.1b $5.0b $3.9b $3.2b
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($716.0m) ($84.0m) ($1.2b) ($637.0m)
Interest Paid, Excluding Capitalized Interest, Operating Activities — — — $762.0m $667.0m $581.0m $718.0m $1.1b $1.6b $1.5b
Income Taxes Paid, Net $104.0m $224.0m $355.0m $208.0m $159.0m $457.0m $717.0m $802.0m $769.0m $227.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.