← TC ENERGY 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 — — — — — — $785.0m $3.1b $5.4b $4.1b
Net Income (Loss) Attributable to Parent $233.0m $3.2b $3.7b $4.1b $4.6b $2.0b $748.0m $2.9b $4.7b $3.5b
Net Income (Loss) Available to Common Stockholders, Basic $124.0m $3.0b $3.5b $4.0b $4.5b $1.8b $641.0m $2.8b $4.6b $3.4b
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $485.0m $3.4b $3.5b $4.4b $4.9b $2.0b $785.0m $3.1b $5.4b $4.1b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — — — — $4.3b $3.7b
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — — — — $5.0b $4.3b
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — — — — $395.0m ($212.0m)
Net Income (Loss) Attributable to Noncontrolling Interest $252.0m $238.0m ($185.0m) $293.0m $297.0m $91.0m $37.0m $146.0m $681.0m $575.0m
Depreciation, Depletion and Amortization $1.9b $2.1b $2.4b $2.5b $2.6b $2.5b $2.6b $2.8b $2.8b $2.8b
Amortization of Debt Issuance Costs and Discounts $211.0m $67.0m $48.0m $55.0m $43.0m $78.0m $36.0m $106.0m $158.0m $107.0m
Amortization of Intangible Assets $9.0m — — — — — — — — —
Depreciation Amortization Depletion — — — — — — $2.6b $2.8b $2.8b $2.8b
Deferred Income Tax Expense (Benefit) $196.0m $566.0m $284.0m $55.0m ($58.0m) ($185.0m) $174.0m $11.0m $427.0m $771.0m
Deferred Income Tax — — — — — — $174.0m $11.0m $493.0m $766.0m
Deferred Tax — — — — — — $174.0m $11.0m $493.0m $766.0m
Share-based Payment Arrangement, Expense $15.0m $12.0m $13.0m $13.0m $12.0m $12.0m $10.0m $9.0m $6.0m $7.0m
Goodwill, Impairment Loss $1.1b — — — — — $453.0m — — —
Asset Impairment Charge — — — — — — $3.5b $2.1b $21.0m $29.0m
Gain (Loss) on Extinguishment of Debt — — — — — — — — ($228.0m) $0
Income (Loss) from Equity Method Investments $514.0m $773.0m $714.0m $920.0m $1.0b $898.0m $1.1b $1.4b $1.6b $1.3b
Income Tax Expense (Benefit) $352.0m ($89.0m) $432.0m $754.0m $194.0m $120.0m $589.0m $942.0m $922.0m $1.1b
Interest Expense Nonoperating — — — — — — — — $3.0b $3.4b
Other Nonoperating Income (Expense) — — ($76.0m) $460.0m $213.0m $200.0m $146.0m $242.0m $324.0m $205.0m
Earnings (Loss)es From Equity Investments — — — — — — ($1.1b) ($1.4b) ($1.6b) ($1.3b)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $482.0m $576.0m $69.0m ($31.0m) ($129.0m) $925.0m $575.0m $394.0m $13.0m $332.0m
Increase (Decrease) in Inventories $87.0m $38.0m $49.0m $42.0m $55.0m $93.0m $190.0m $56.0m $16.0m $55.0m
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal ($833.0m) $631.0m $170.0m ($121.0m) ($50.0m) $30.0m $0 $0 $620.0m $0
Foreign Currency Transaction Gain (Loss), before Tax — — — $53.0m ($86.0m) ($41.0m) ($185.0m) $320.0m ($147.0m) $157.0m
Goodwill $14.0b $13.1b $14.2b $12.9b $12.7b $12.6b $9.5b $9.5b $9.5b $9.5b
Operating Costs and Expenses $3.8b $3.9b $3.6b $3.9b $3.9b $4.1b $4.9b $4.9b $4.4b $4.6b
Payments of Financing Costs — — — — — — — — $244.0m $0
Provision for Loan, Lease, and Other Losses — — — — — — $163.0m ($83.0m) ($22.0m) $83.0m
Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity $419.0m $507.0m $526.0m $299.0m $235.0m $191.0m $248.0m $367.0m $512.0m $320.0m
Real Estate Tax Expense $555.0m $569.0m $569.0m $727.0m $727.0m $774.0m $848.0m $897.0m $820.0m $881.0m
Unrealized Gain (Loss) on Investments — — — — — — — $342.0m ($340.0m) $235.0m
Beginning Cash Position — — — — — — $673.0m $620.0m $3.7b $801.0m
Cash Flow From Continuing Financing Activities — — — — — — $487.0m $8.1b ($3.9b) ($1.5b)
Cash Flow From Continuing Investing Activities — — — — — — ($7.0b) ($12.3b) ($6.9b) ($6.5b)
Change In Account Payable — — — — — — ($83.0m) ($206.0m) $365.0m $13.0m
Change In Accrued Expense — — — — — — $91.0m $245.0m ($40.0m) $30.0m
Change In Interest Payable — — — — — — $91.0m $245.0m ($40.0m) $30.0m
Change In Inventory — — — — — — ($190.0m) ($56.0m) ($16.0m) ($55.0m)
Change In Other Current Assets — — — — — — $118.0m $618.0m ($97.0m) ($159.0m)
Change In Payable — — — — — — ($83.0m) ($206.0m) $365.0m $13.0m
Change In Payables And Accrued Expense — — — — — — $8.0m $39.0m $325.0m $43.0m
Change In Receivables — — — — — — ($575.0m) ($394.0m) ($13.0m) ($332.0m)
Change In Working Capital — — — — — — ($639.0m) $207.0m $199.0m ($503.0m)
Changes In Account Receivables — — — — — — ($575.0m) ($394.0m) ($13.0m) ($332.0m)
Changes In Cash — — — — — — ($147.0m) $3.1b ($3.1b) ($628.0m)
End Cash Position — — — — — — $620.0m $3.7b $801.0m $168.0m
Financing Cash Flow — — — — — — $487.0m $8.1b ($3.9b) ($1.5b)
Free Cash Flow — — — — — — ($352.0m) ($881.0m) $1.3b $2.1b
Investing Cash Flow — — — — — — ($7.0b) ($12.3b) ($6.9b) ($6.5b)
Issuance Of Capital Stock — — — — — — $1.9b $4.0m $88.0m $104.0m
Net Business Purchase And Sale — — — — — — ($3.4b) ($4.5b) ($4.7b) ($1.1b)
Net Foreign Currency Exchange Gain Loss — — — — — — $28.0m $44.0m ($216.0m) $149.0m
Net Preferred Stock Issuance — — — — — — ($1.0b) $0 $0 ($250.0m)
Operating Gains Losses — — — — — — ($1.1b) ($1.4b) ($2.4b) ($1.1b)
Other Non Cash Items — — — — — — ($298.0m) ($371.0m) ($744.0m) ($151.0m)
Pension And Employee Benefit Expense — — — — — — ($29.0m) ($17.0m) $11.0m $3.0m
Preferred Stock Payments — — — — — — ($1.0b) $0 $0 ($250.0m)
Provisionand Write Offof Assets — — — — — — $163.0m ($83.0m) ($22.0m) $83.0m
Purchase Of Business — — — — — — ($3.4b) ($4.5b) ($4.7b) ($1.1b)
Repurchase Of Capital Stock — — — — — — ($1.0b) $0 $0 ($250.0m)
Unrealized Gain Loss On Investment Securities — — — — — — $135.0m ($342.0m) $340.0m ($235.0m)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement — — — — — ($81.0m) — — — —
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment — — — — — $18.0m — — — —
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax ($42.0m) $2.0m — — — — — — — —
Net Cash Provided by (Used in) Operating Activities $5.1b $5.2b $6.6b $7.1b $7.1b $6.9b $6.4b $7.3b $7.7b $7.3b
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $5.0b $7.4b $9.4b $7.5b — — ($6.7b) ($8.1b) ($6.4b) ($5.3b)
Capital Expenditure Reported $5.0b $7.4b $9.4b $7.5b $8.9b $7.1b ($6.7b) ($8.1b) ($6.4b) ($5.3b)
Payments to Acquire Businesses, Net of Cash Acquired $13.6b $0 $0 — — — — $307.0m $0 $0
Payments for (Proceeds from) Other Investing Activities ($159.0m) $168.0m $295.0m $299.0m $471.0m $447.0m $41.0m ($2.0m) $352.0m $126.0m
Net Other Investing Changes — — — — — — $519.0m $295.0m $446.0m ($126.0m)
Net Cash Provided by (Used in) Investing Activities ($18.8b) ($3.7b) ($10.0b) ($6.9b) ($6.1b) ($7.7b) ($7.0b) ($12.3b) ($6.9b) ($6.5b)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $12.3b $3.6b $6.2b — — — — — — —
Issuance Of Debt — — — — — — $3.5b $15.9b $9.6b $8.1b
Long Term Debt Issuance — — — — — — $3.5b $15.9b $9.6b $8.1b
Net Issuance Payments Of Debt — — — — — — $2.9b $5.8b $378.0m $2.8b
Net Long Term Debt Issuance — — — — — — $2.2b $12.1b $37.0m $2.0b
Net Short Term Debt Issuance — — — — — — $766.0m ($6.3b) $341.0m $876.0m
Repayments of Long-term Debt $7.2b $7.1b $3.5b $3.5b $4.0b $7.8b $1.3b $3.8b $9.3b $6.1b
Long Term Debt Payments — — — — — — ($1.3b) ($3.8b) ($9.5b) ($6.1b)
Repayment Of Debt — — — — — — ($1.3b) ($3.8b) ($9.5b) ($6.1b)
Proceeds from Issuance of Common Stock $7.7b $274.0m $1.1b $253.0m $91.0m $148.0m $1.9b $4.0m $88.0m $104.0m
Common Stock Issuance — — — — — — $1.9b $4.0m $88.0m $104.0m
Net Common Stock Issuance — — — — — — $1.9b $4.0m $88.0m $104.0m
Payments for Repurchase of Common Stock $14.0m $0 $0 — — — — — — —
Payments of Ordinary Dividends, Common Stock $1.4b $1.3b $1.6b $1.8b $3.0b $3.3b $3.2b $2.8b $4.0b $3.5b
Proceeds from Noncontrolling Interests — — — — $1.0b $0 $0 — $21.0m $0
Dividends Payable $526.0m $586.0m $668.0m $737.0m $795.0m $879.0m $930.0m $979.0m $874.0m $901.0m
Cash Dividends Paid — — — — — — ($3.3b) ($2.9b) ($4.1b) ($3.6b)
Common Stock Dividend Paid — — — — — — ($3.2b) ($2.8b) ($4.0b) ($3.5b)
Dividend Received CFO — — — — — — $1.0b $1.3b $1.7b $1.6b
Dividends Received CFI — — — — — — $2.6b $23.0m $3.7b $5.0m
Preferred Stock Dividend Paid — — — — — — ($106.0m) ($92.0m) ($99.0m) ($114.0m)
Net Other Financing Charges — — — — — — ($64.0m) $5.2b ($288.0m) ($578.0m)
Net Cash Provided by (Used in) Financing Activities $14.0b ($1.4b) $2.7b $693.0m ($800.0m) ($88.0m) $487.0m $8.1b ($3.9b) ($1.5b)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — ($6.0m) ($19.0m) $53.0m $94.0m ($16.0m) $210.0m ($5.0m)
Effect Of Exchange Rate Changes — — — — — — $94.0m ($16.0m) $210.0m ($5.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — — $187.0m ($857.0m) ($53.0m) $3.1b ($2.9b) ($633.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $1.3b $1.5b $673.0m $620.0m $3.7b $801.0m $168.0m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($53.0m) $3.1b ($2.9b) ($633.0m)
Interest Paid, Excluding Capitalized Interest, Operating Activities $1.7b $2.0b $2.2b $2.3b $2.2b $2.3b $2.5b $2.9b $3.4b $3.3b
Income Taxes Paid, Net $105.0m $247.0m $338.0m $713.0m $252.0m $371.0m $394.0m $836.0m $387.0m $543.0m

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.