← PROCTER & GAMBLE Co
| 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 (Loss) Attributable to Parent | $10.5b | $15.3b | $9.8b | $3.9b | $13.0b | $14.3b | $14.7b | $14.7b | $14.9b | $16.0b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $10.3b | $15.1b | $9.5b | $3.6b | $12.8b | $14.0b | $14.5b | $14.4b | $14.6b | $15.7b | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $10.6b | $15.4b | $9.9b | $4.0b | $13.1b | $14.4b | $14.8b | $14.7b | $15.0b | $16.1b | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $10.0b | $10.2b | $9.9b | $4.0b | $13.1b | $14.4b | $14.8b | $14.7b | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $577.0m | $5.2b | $0 | $0 | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $96.0m | $85.0m | $111.0m | $69.0m | $76.0m | $46.0m | $51.0m | $85.0m | $95.0m | $91.0m | |
| Depreciation, Depletion and Amortization | $3.1b | $2.8b | $2.8b | $2.8b | $3.0b | $2.7b | $2.8b | $2.7b | $2.9b | $2.8b | |
| Amortization of Intangible Assets | $388.0m | $325.0m | $302.0m | $349.0m | $360.0m | $318.0m | $312.0m | $327.0m | $338.0m | $320.0m | |
| Deferred Income Tax Expense (Benefit) | ($815.0m) | ($601.0m) | ($1.8b) | ($411.0m) | ($596.0m) | ($258.0m) | ($402.0m) | ($453.0m) | ($244.0m) | $149.0m | |
| Share-based Payment Arrangement, Noncash Expense | $335.0m | $351.0m | $395.0m | $515.0m | $558.0m | $540.0m | $528.0m | $545.0m | $562.0m | $476.0m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | — | — | $562.0m | $476.0m | |
| Goodwill, Impairment Loss | — | — | — | $6.8b | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | — | $0 | $0 | $1.3b | $0 | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | $85.0m | $40.0m | $215.0m | ($755.0m) | |
| Gain (Loss) on Disposition of Business | $41.0m | $5.5b | $176.0m | $678.0m | ($7.0m) | $16.0m | — | — | — | — | |
| Gain (Loss) on Extinguishment of Debt | — | ($543.0m) | ($346.0m) | $0 | $0 | ($512.0m) | $0 | $0 | — | — | |
| Income Tax Expense (Benefit) | $3.3b | $3.1b | $3.5b | $2.1b | $2.7b | $3.3b | $3.2b | $3.6b | $3.8b | $4.1b | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $925.0m | $907.0m | |
| Other Nonoperating Income (Expense) | $325.0m | ($404.0m) | $222.0m | $871.0m | $438.0m | $86.0m | $570.0m | $668.0m | $668.0m | $154.0m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | ($35.0m) | $322.0m | $177.0m | $276.0m | ($634.0m) | $342.0m | $694.0m | $307.0m | $766.0m | ($45.0m) | |
| Increase (Decrease) in Inventories | ($116.0m) | ($71.0m) | $188.0m | $239.0m | $637.0m | $309.0m | $1.2b | $119.0m | $70.0m | $324.0m | |
| Increase (Decrease) in Accounts Payable | — | — | — | — | — | — | — | — | — | ($542.0m) | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | — | $69.0m | ($45.0m) | — | — | — | |
| Goodwill | $44.4b | $44.7b | $45.2b | $40.3b | $39.9b | $40.9b | $39.7b | $40.7b | $40.3b | $41.6b | |
| Investment Income, Interest | $182.0m | $171.0m | $247.0m | $220.0m | $155.0m | $45.0m | $51.0m | $307.0m | $473.0m | $469.0m | |
| Proceeds from Stock Options Exercised | — | — | $1.2b | $3.4b | $2.0b | $1.7b | $1.9b | $1.2b | $1.9b | $1.7b | |
| Stock or Unit Option Plan Expense | $199.0m | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $15.4b | $12.8b | $14.9b | $15.2b | $17.4b | $18.4b | $16.7b | $16.8b | $19.8b | $17.8b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $3.3b | $3.4b | $3.7b | $3.3b | $3.1b | $2.8b | $3.2b | $3.1b | $3.3b | $3.8b | |
| Payments to Acquire Businesses, Net of Cash Acquired | $186.0m | $16.0m | $109.0m | $3.9b | $58.0m | $34.0m | $1.4b | $765.0m | $21.0m | $11.0m | |
| Net Cash Provided by (Used in) Investing Activities | ($5.6b) | ($5.7b) | ($3.5b) | ($3.5b) | $3.0b | ($2.8b) | ($4.4b) | ($3.5b) | ($3.5b) | ($3.8b) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $3.9b | $3.6b | $5.1b | $2.4b | $5.0b | $4.4b | $4.4b | $4.0b | $3.2b | $2.2b | |
| Repayments of Long-term Debt | $2.2b | $4.9b | $2.9b | $969.0m | $2.4b | $5.0b | $2.3b | $1.9b | $2.3b | $2.0b | |
| Payments for Repurchase of Common Stock | $4.0b | $5.2b | $7.0b | $5.0b | $7.4b | $11.0b | $10.0b | $7.4b | $5.0b | $6.5b | |
| Dividends paid | $7.4b | $7.2b | $7.3b | $7.5b | $7.8b | $8.3b | $8.8b | $9.0b | $9.3b | $9.9b | |
| Net Cash Provided by (Used in) Financing Activities | ($9.2b) | ($8.6b) | ($14.4b) | ($10.0b) | ($8.4b) | ($21.5b) | ($14.9b) | ($12.1b) | ($14.9b) | ($14.0b) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $19.0m | ($88.0m) | ($139.0m) | $101.0m | ($497.0m) | ($170.0m) | ($251.0m) | $112.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $19.0m | ($88.0m) | $11.9b | ($5.9b) | ($3.1b) | $1.0b | $1.2b | $75.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $2.6b | $4.2b | $16.2b | $10.3b | $7.2b | $8.2b | $9.5b | $9.6b | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | — | — | — | — | $878.0m | $896.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.