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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 — — — — — — $7.3b $4.9b $4.8b $3.3b
Net Income (Loss) Attributable to Parent $2.2b $490.0m $2.3b $2.2b ($1.9b) $2.5b $7.3b $4.9b $4.8b $3.3b
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — $2.3b $2.2b ($1.9b) — — $4.9b $4.8b $3.3b
Depreciation Amortization Depletion — — — — — — $1.9b $1.9b $2.0b $2.6b
Depreciation and depletion (includes impairments) $1.6b $2.2b $1.5b $1.6b $3.3b $2.0b $1.9b $1.9b $2.0b $2.6b
Depreciation, Depletion and Amortization $1.6b $2.2b $1.6b $1.6b $3.3b $2.0b $1.9b $1.9b $2.0b $2.6b
Deferred Income Tax — — — — — — ($77.0m) ($85.0m) ($142.0m) ($156.0m)
Deferred Income Tax Expense (Benefit) $79.0m $150.0m $773.0m ($294.0m) ($524.0m) $93.0m ($84.0m) ($76.0m) ($137.0m) ($131.0m)
Deferred Tax — — — — — — ($77.0m) ($85.0m) ($142.0m) ($156.0m)
Deferred income taxes and other $114.0m $321.0m $806.0m ($237.0m) ($521.0m) $91.0m ($77.0m) ($85.0m) ($142.0m) ($156.0m)
Asset Impairment Charge — — — — — $0 $0 — — —
Share-based Payment Arrangement, Expense $59.0m $14.0m $32.0m $34.0m $2.0m $96.0m $113.0m $52.0m $116.0m $212.0m
Gain (Loss) on Disposition of Assets $2.2b $220.0m $54.0m $46.0m $35.0m $49.0m $158.0m $73.0m $18.0m ($5.0m)
Income Tax Expense (Benefit) $279.0m $92.0m $759.0m ($154.0m) ($551.0m) $804.0m $2.1b $1.5b $1.4b $994.0m
Changes in operating assets and liabilities:
Additional Financial Items
(Gain) loss on asset sales ($2.2b) ($220.0m) ($54.0m) ($46.0m) ($35.0m) ($49.0m) ($158.0m) ($73.0m) ($18.0m) $5.0m
Accounts payable and accrued liabilities $237.0m $678.0m ($764.0m) $1.0b ($1.1b) $2.0b $948.0m $81.0m $616.0m ($346.0m)
Accounts receivable ($442.0m) ($689.0m) $224.0m ($170.0m) $780.0m ($1.9b) ($862.0m) $237.0m ($1.3b) $1.4b
Additional investments ($1.0m) ($1.0m) $0 $0 $0 $0 ($6.0m) $0 $0 ($4.0m)
All other items - net $324.0m $525.0m $171.0m $107.0m $253.0m $615.0m ($5.0m) ($203.0m) ($137.0m) $337.0m
Asset Retirement Obligation, Accretion Expense $97.0m $92.0m $85.0m $80.0m $82.0m $99.0m $101.0m $132.0m $163.0m $171.0m
Beginning Cash Position — — — — — — $2.2b $3.7b $864.0m $979.0m
Cash Flow From Continuing Financing Activities — — — — — — ($8.3b) ($4.9b) ($4.0b) ($4.7b)
Cash Flow From Continuing Investing Activities — — — — — — ($618.0m) ($1.7b) ($1.8b) ($1.9b)
Cash flows from (used in) financing activities ($3.8b) ($1.2b) ($2.6b) ($2.0b) ($943.0m) ($3.1b) ($8.3b) ($4.9b) ($4.0b) ($4.7b)
Cash flows from (used in) investing activities $1.9b ($781.0m) ($1.6b) ($1.7b) ($802.0m) ($1.0b) ($618.0m) ($1.7b) ($1.8b) ($1.9b)
Change In Account Payable — — — — — — $948.0m $81.0m $616.0m ($346.0m)
Change In Income Tax Payable — — — — — — $1.9b ($2.3b) ($170.0m) ($79.0m)
Change In Inventory — — — — — — ($477.0m) ($688.0m) $335.0m ($287.0m)
Change In Payable — — — — — — $2.8b ($2.2b) $446.0m ($425.0m)
Change In Payables And Accrued Expense — — — — — — $2.8b ($2.2b) $446.0m ($425.0m)
Change In Receivables — — — — — — ($862.0m) $237.0m ($1.3b) $1.4b
Change In Tax Payable — — — — — — $1.9b ($2.3b) ($170.0m) ($79.0m)
Change In Working Capital — — — — — — $1.5b ($2.7b) ($495.0m) $675.0m
Changes In Account Receivables — — — — — — ($862.0m) $237.0m ($1.3b) $1.4b
Changes In Cash — — — — — — $1.6b ($2.9b) $115.0m $163.0m
Common shares purchased — ($627.0m) ($2.0b) ($1.4b) ($274.0m) ($2.2b) ($6.4b) ($3.8b) ($2.7b) ($3.2b)
End Cash Position — — — — — — $3.7b $864.0m $979.0m $1.1b
Finance lease obligations - reduction — — — ($27.0m) ($20.0m) ($20.0m) ($22.0m) ($22.0m) ($22.0m) ($18.0m)
Financing Cash Flow — — — — — — ($8.3b) ($4.9b) ($4.0b) ($4.7b)
Free Cash Flow — — — — — — $9.0b $1.9b $4.1b $4.7b
Goodwill $186.0m $186.0m $186.0m $186.0m $166.0m $166.0m $166.0m $166.0m $166.0m $166.0m
Income taxes payable $36.0m ($431.0m) $8.0m $41.0m ($106.0m) $248.0m $1.9b ($2.3b) ($170.0m) ($79.0m)
Increase (Decrease) in Accounts Receivable $442.0m $689.0m ($224.0m) $170.0m ($780.0m) $1.9b $862.0m ($237.0m) $1.3b ($1.4b)
Inventories, materials, supplies and prepaid expenses $197.0m ($83.0m) ($338.0m) ($74.0m) $78.0m $45.0m ($477.0m) ($688.0m) $335.0m ($287.0m)
Inventory Write-down — — — — — $74.0m $74.0m — — —
Investing Cash Flow — — — — — — ($618.0m) ($1.7b) ($1.8b) ($1.9b)
Loans to equity companies - net — — ($127.0m) ($150.0m) ($16.0m) $15.0m $10.0m $5.0m $17.0m $16.0m
Net PPE Purchase And Sale — — — — — — ($1.5b) ($1.8b) ($1.9b) ($2.0b)
Operating Gains Losses — — — — — — ($158.0m) ($73.0m) ($18.0m) $5.0m
Other Non Cash Items — — — — — — ($5.0m) ($203.0m) ($137.0m) $337.0m
Proceeds from Stock Options Exercised $0 $0 — — — — — — — —
Proceeds from asset sales $3.0b $232.0m $59.0m $82.0m $82.0m $81.0m $904.0m $86.0m $25.0m $101.0m
Purchase Of PPE $1.1b $993.0m $1.5b $1.6b $868.0m $1.1b ($1.5b) ($1.8b) ($1.9b) ($2.0b)
Repurchase Of Capital Stock — — — — — — ($6.4b) ($3.8b) ($2.7b) ($3.2b)
Revenue from Contract with Customer, Including Assessed Tax — — — — — — $52.3b $44.5b $40.9b $38.7b
Short-term debt - net ($1.7b) $0 $0 $36.0m $0 ($111.0m) $0 $0 ($100.0m) $0
Gain (Loss) on Derivative Instruments, Net, Pretax — ($5.0m) ($18.0m) ($10.0m) ($34.0m) ($79.0m) $148.0m ($5.0m) — —
Net Cash Provided by (Used in) Operating Activities $2.0b $2.8b $3.9b $4.4b $798.0m $5.5b $10.5b $3.7b $6.0b $6.7b
Cash flows from investing activities:
Additions to property, plant and equipment ($1.1b) ($993.0m) ($1.5b) ($1.6b) ($868.0m) ($1.1b) ($1.5b) ($1.8b) ($1.9b) ($2.0b)
Capital Expenditure — — — — — — ($1.5b) ($1.8b) ($1.9b) ($2.0b)
Net Investment Purchase And Sale — — — — — — ($6.0m) $0 $0 ($4.0m)
Payments to Acquire Investments $1.0m $1.0m — — — — $6.0m $0 $0 $4.0m
Purchase Of Investment — — — — — — ($6.0m) $0 $0 ($4.0m)
Net Other Investing Changes — — — — — — $914.0m $91.0m $42.0m $117.0m
Net Cash Provided by (Used in) Investing Activities $1.9b ($781.0m) ($1.6b) ($1.7b) ($802.0m) ($1.0b) ($618.0m) ($1.7b) ($1.8b) ($1.9b)
Cash flows from financing activities:
Net Issuance Payments Of Debt — — — — — — ($1.0b) ($22.0m) ($122.0m) ($18.0m)
Net Long Term Debt Issuance — — — — — — ($1.0b) ($22.0m) ($22.0m) ($18.0m)
Net Short Term Debt Issuance — — — — — — $0 $0 ($100.0m) $0
Proceeds from Issuance of Long-term Debt $495.0m — — — — — — — — —
Long Term Debt Payments — — — — — — ($1.0b) ($22.0m) ($22.0m) ($18.0m)
Repayment Of Debt — — — — — — ($1.0b) ($22.0m) ($22.0m) ($18.0m)
Repayments of Long-term Debt $2.0b — — — — — $1.0b $0 $0 —
Net Common Stock Issuance — — — — — — ($6.4b) ($3.8b) ($2.7b) ($3.2b)
Common Stock Payments — — — — — — ($6.4b) ($3.8b) ($2.7b) ($3.2b)
Payments for Repurchase of Common Stock — $627.0m $2.0b $1.4b $274.0m $2.2b $6.4b $3.8b $2.7b $3.2b
Payments of Ordinary Dividends, Common Stock $492.0m $524.0m $572.0m $631.0m $649.0m $706.0m $851.0m $1.1b $1.2b $1.4b
Cash Dividends Paid — — — — — — ($851.0m) ($1.1b) ($1.2b) ($1.4b)
Common Stock Dividend Paid — — — — — — ($851.0m) ($1.1b) ($1.2b) ($1.4b)
Dividends Payable — — — — — — — — — $350.0m
Dividends paid ($492) ($524) ($572) ($631) ($649) ($706) ($851) ($1k) ($1k) ($1k)
Net Cash Provided by (Used in) Financing Activities ($3.8b) ($1.2b) ($2.6b) ($2.0b) ($943.0m) ($3.1b) ($8.3b) ($4.9b) ($4.0b) ($4.7b)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — — ($947.0m) $1.4b $1.6b ($2.9b) $115.0m $163.0m
Increase (decrease) in cash and cash equivalents — — — — ($947.0m) $1.4b $1.6b ($2.9b) $115.0m $163.0m
Cash and cash equivalents at beginning of year — — — — $771.0m $2.2b $3.7b $864.0m $979.0m $1.1b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — — $3.7b $864.0m $979.0m $1.1b
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — $1.6b ($2.9b) $115.0m $163.0m
Interest Paid, Excluding Capitalized Interest, Operating Activities — — — $91.0m $62.0m $43.0m $60.0m $69.0m $42.0m $28.0m
Income Taxes Paid, Net — — — $145.0m ($42.0m) $58.0m ($374.0m) $4.2b $1.8b $1.4b

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.