← FIRST HORIZON CORP

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 — — — — — — $912.0m $916.0m $794.0m $998.0m
Net Income (Loss) Attributable to Parent $227.0m $165.5m $545.0m $440.9m $845.0m $999.0m $900.0m $897.0m $775.0m $982.0m
Net Income (Loss) Available to Common Stockholders, Basic $220.8m $159.3m $538.8m $434.7m $822.0m $962.0m $868.0m $865.0m $738.0m $956.0m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $238.5m $177.0m $556.5m $452.4m $857.0m $1.0b $912.0m $916.0m $794.0m $998.0m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — $933.0m — — — — —
Net Income (Loss) Attributable to Noncontrolling Interest $11.5m $11.5m $11.5m $11.5m $12.0m $11.0m $12.0m $19.0m $19.0m $16.0m
Depreciation, Depletion and Amortization $64.7m $70.9m $59.1m $65.2m $46.0m $28.0m $64.0m $102.0m $101.0m $64.0m
Amortization of Intangible Assets $5.2m $8.7m $25.9m $24.8m $40.0m $56.0m $51.0m $47.0m $44.0m $38.0m
Other Depreciation and Amortization $27.1m $27.5m ($14.0m) — — — — — — —
Amortization Cash Flow — — — — — — $26.0m $47.0m $46.0m $8.0m
Amortization Of Intangibles — — — — — — $26.0m $47.0m $46.0m $8.0m
Depreciation Amortization Depletion — — — — — — $85.0m $102.0m $101.0m $64.0m
Deferred Income Tax Expense (Benefit) $79.6m $121.0m $103.6m $14.4m ($18.0m) $0 $91.0m $44.0m ($17.0m) $49.0m
Deferred Income Tax — — — — — — $91.0m $44.0m ($17.0m) $49.0m
Deferred Tax — — — — — — $91.0m $44.0m ($17.0m) $49.0m
Share-based Payment Arrangement, Noncash Expense $17.5m $20.6m $23.2m $22.7m $32.0m $43.0m $75.0m $36.0m $59.0m $61.0m
Gain (Loss) on Sale of Assets and Asset Impairment Charges ($5.0m) $6.0m $3.9m ($26.9m) ($12.0m) ($37.0m) ($1.0m) — — —
Goodwill, Impairment Loss $0 — — — — — — — — —
Operating Lease, Impairment Loss — — — — — — — — — $1.0m
Gain (Loss) on Disposition of Property Plant Equipment ($3.4m) ($6.7m) $1.3m ($22.2m) ($8.0m) ($29.0m) $1.0m $0 $3.0m —
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal — — — — — — — — $154.0m $43.0m
Gain (Loss) on Disposition of Business — — — — — — $22.0m $9.0m $0 —
Gain (Loss) on Extinguishment of Debt $0 ($14.3m) ($15k) $58k — ($26.0m) $0 $0 — —
Income Tax Expense (Benefit) $106.8m $131.9m $157.6m $133.3m $76.0m $274.0m $247.0m $212.0m $211.0m $282.0m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Other Operating Assets $7.2m ($243.1m) ($33.0m) $116.9m — — — — — —
Provision for Loan, Lease, and Other Losses $11.0m $0 $7.0m $47.0m $503.0m — — — — —
Bank Owned Life Insurance Income $14.7m $15.1m $19.0m $19.2m — — — — — —
Increase (Decrease) in Other Operating Liabilities ($36.5m) ($16.9m) ($4.0m) $95.2m — — — — — —
Proceeds from Stock Options Exercised $22.5m $6.1m $4.5m $9.7m $7.0m $28.0m $36.0m $5.0m $9.0m $6.0m
Parent Company $63.5m $79.9m $138.7m $171.1m $222.0m $333.0m $324.0m $335.0m $332.0m $314.0m
Debt and Equity Securities, Realized Gain (Loss) — — — — ($6.0m) $13.0m $18.0m ($4.0m) ($89.0m) $1.0m
Debt Securities, Available-for-sale, Realized Gain (Loss) — — $52k ($267k) — — — — — —
Debt Securities, Realized Gain (Loss) — — $52k ($267k) — — — — — —
Equipment Expense $27.4m $29.5m $39.1m $34.0m $42.0m $47.0m $45.0m $42.0m $42.0m —
Equity Securities, FV-NI, Gain (Loss) — — $212.9m $441k ($6.0m) $13.0m $18.0m ($4.0m) ($89.0m) $1.0m
Equity Securities, FV-NI, Realized Gain (Loss) — — $212.9m $441k — — — — — —
Equity Securities, FV-NI, Unrealized Gain (Loss) — — ($1.5m) $7.0m $7.0m $3.0m ($11.0m) $11.0m $11.0m $10.0m
Gain (Loss) on Investments $1.3m $592k $52k — — — — — — —
Goodwill $191.4m $1.4b $1.4b $1.4b $1.5b $1.5b $1.5b $1.5b $1.5b $1.5b
Financing Receivable, Credit Loss, Expense (Reversal) — — — — — ($310.0m) $95.0m $260.0m — —
Unrealized Gain (Loss) on Derivatives ($1.9m) $26.7m ($41.7m) $134.0m $223.0m ($412.0m) ($524.0m) $314.0m $2.0m ($5.0m)
Beginning Cash Position — — — — — — $1.8b $1.5b $1.7b $1.5b
Cash Flow From Continuing Financing Activities — — — — — — ($10.9b) $1.5b ($404.0m) $524.0m
Cash Flow From Continuing Investing Activities — — — — — — $8.3b ($2.6b) ($1.1b) ($1.1b)
Change In Other Working Capital — — — — — — $2.6b $849.0m $1.0b $535.0m
Change In Working Capital — — — — — — $2.6b $849.0m $1.0b $535.0m
Changes In Cash — — — — — — ($245.0m) $188.0m ($194.0m) $58.0m
End Cash Position — — — — — — $1.5b $1.7b $1.5b $1.6b
Financing Cash Flow — — — — — — ($10.9b) $1.5b ($404.0m) $524.0m
Free Cash Flow — — — — — — $2.3b $1.3b $1.2b $595.0m
Gain Loss On Investment Securities — — — — — — ($18.0m) $4.0m $89.0m ($1.0m)
Gain Loss On Sale Of Business — — — — — $0 $0 ($9.0m) $0 —
Gain Loss On Sale Of PPE — — — — — $29.0m ($1.0m) $0 ($3.0m) —
Investing Cash Flow — — — — — — $8.3b ($2.6b) ($1.1b) ($1.1b)
Issuance Of Capital Stock — — — — — $145.0m $494.0m $0 $0 —
Net Business Purchase And Sale — — — — — $0 $0 $11.0m $0 —
Net PPE Purchase And Sale — — — — — — ($10.0m) ($36.0m) ($36.0m) ($30.0m)
Net Preferred Stock Issuance — — — — — $145.0m $494.0m $0 $0 —
Operating Gains Losses — — — — — — ($19.0m) $4.0m $89.0m ($1.0m)
Other Non Cash Items — — — — — — ($1.6b) ($912.0m) ($917.0m) ($1.1b)
Preferred Stock Issuance — — — — — $145.0m $494.0m $0 $0 —
Proceeds From Stock Option Exercised — — — — — — $36.0m $5.0m $9.0m $6.0m
Purchase Of PPE — — — — — — ($28.0m) ($37.0m) ($44.0m) ($33.0m)
Repurchase Of Capital Stock — — — — — — ($12.0m) ($10.0m) ($626.0m) ($918.0m)
Sale Of Business — — — — — $0 $0 $11.0m $0 —
Sale Of PPE — — — — — — $18.0m $1.0m $8.0m $3.0m
Stock Based Compensation — — — — — — $75.0m $36.0m $59.0m $61.0m
Net Cash Provided by (Used in) Operating Activities $181.1m ($17.4m) $234.3m $830.3m $172.0m $741.0m $2.3b $1.3b $1.3b $628.0m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $62.6m — — — — — ($28.0m) ($37.0m) $44.0m $33.0m
Payments to Acquire Businesses, Net of Cash Acquired — $336.6m $46.0m $0 ($2.1b) — — — — —
Net Investment Purchase And Sale — — — — — — ($2.1b) $648.0m $505.0m $140.0m
Purchase Of Investment — — — — — — ($3.5b) ($261.0m) ($1.5b) ($874.0m)
Sale Of Investment — — — — — — $1.4b $909.0m $2.0b $1.0b
Payments for (Proceeds from) Other Investing Activities — — — — ($14.0m) ($19.0m) ($75.0m) ($5.0m) ($6.0m) ($6.0m)
Net Other Investing Changes — — — — — — $97.0m $30.0m $19.0m $30.0m
Net Cash Provided by (Used in) Investing Activities ($2.5b) ($1.3b) $480.4m ($2.4b) ($5.0b) ($4.6b) $8.3b ($2.6b) ($1.1b) ($1.1b)
Cash flows from financing activities:
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $737.0m $583.0m $675.5m $800.1m $4.1b $2.8b $1.4b $856.0m $831.0m $957.0m
Proceeds from Issuance of Long-term Debt $100k $121.2m $0 $0 $1.2b — — — — $513.0m
Issuance Of Debt — — — — — — $4.0m $1.0m $49.0m $513.0m
Long Term Debt Issuance — — — — — — $4.0m $1.0m $49.0m $513.0m
Net Issuance Payments Of Debt — — — — — — $386.0m ($406.0m) $894.0m ($22.0m)
Net Long Term Debt Issuance — — — — — — $4.0m ($449.0m) $43.0m $124.0m
Net Short Term Debt Issuance — — — — — — $382.0m $43.0m $851.0m ($146.0m)
Repayments of Long-term Debt $267.5m $147.4m $69.0m $405.6m $1.6b $108.0m — — — $366.0m
Long Term Debt Payments — — — — — ($108.0m) — ($450.0m) ($6.0m) ($389.0m)
Repayment Of Debt — — — — — ($108.0m) — ($450.0m) ($6.0m) ($389.0m)
Net Common Stock Issuance — — — — — — ($12.0m) ($10.0m) ($626.0m) ($918.0m)
Payments for Repurchase of Common Stock $97.4m $5.6m $104.8m $134.8m $4.0m $416.0m $12.0m $10.0m $626.0m $918.0m
Payments of Ordinary Dividends, Common Stock $63.5m $79.9m $138.7m $171.1m $222.0m $333.0m $324.0m $335.0m $332.0m $314.0m
Common Stock Payments — — — — — — ($12.0m) ($10.0m) ($626.0m) ($918.0m)
Other Interest and Dividend Income $4.2m $15.0m $24.9m $31.1m $7.0m $17.0m $96.0m $149.0m $116.0m $81.0m
Cash Dividends Paid — — — — — — ($356.0m) ($367.0m) ($361.0m) ($340.0m)
Common Stock Dividend Paid — — — — — — ($324.0m) ($335.0m) ($332.0m) ($314.0m)
Preferred Stock Dividend Paid — — — — — — ($32.0m) ($32.0m) ($29.0m) ($26.0m)
Net Other Financing Charges — — — — — — ($11.0m) ($17.0m) ($119.0m) ($96.0m)
Net Cash Provided by (Used in) Financing Activities $2.3b $1.8b ($761.4m) $1.4b $5.2b $4.0b ($10.9b) $1.5b ($404.0m) $524.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — ($138.4m) $381.0m $140.0m ($245.0m) $188.0m ($194.0m) $58.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $1.3b $1.6b $1.8b $1.5b $1.7b $1.5b $1.6b
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($245.0m) $188.0m ($194.0m) $58.0m
Interest Paid, Excluding Capitalized Interest, Operating Activities $92.5m $140.4m $307.6m $410.9m $261.0m $170.0m $280.0m $1.4b $1.9b $1.6b
Income Taxes Paid, Net — — — — — — $20.0m $123.0m $106.0m $60.0m

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.