Cardinal Health, Inc.

NYSE-CAH

Operating Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Net Income	1,606	1,569	1,559	1,313	1,281	853
Net Earnings
Earnings from Discontinued Operations, Net of Tax
Earnings from Continuing Operations
Depreciation & Amortization	841	790	767	737	720	710
Depreciation and Amortization
Stock Based Compensation	307	244	124	124	122	121
Share-Based Compensation
Other Adjustments	78.5	317	46.5	139	138	568
Impairments and Loss on Sale of Other Investments
Impairments and Loss on Disposal of Assets, Net
Gain on Sale of Equity Interest in naviHealth
Income on Early Extinguishment of Debt
Gain on Sale of Other Investments
Provision for Deferred Income Taxes
Provision for Bad Debts
Change in Fair Value of Contingent Consideration Obligation
Changes in Trade Receivables	-1,660	-833	-1,140	-769	-766	-996
Change in Trade Receivables
Changes in Inventories	-1,874	-1,816	1,164	1,597	1,510	1,115
Change in Inventories
Changes in Accounts Payable	6,273	2,732	660	-2,999	-1,332	1,824
Change in Accounts Payable
Changes in Other Operating Activities	-797	-606	-124	-32	18	-433
Other Accrued Liabilities and Operating Items, Net
Cash from Operating Activities	5,017	2,397	2,952	8	1,587	3,762

Investing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Capital Expenditure	-565	-547	-508	-494	-509	-511
Additions to Property and Equipment
Proceeds from Sale of Property, Plant & Equipment	—	—	—	—	—	—
Proceeds from Disposal of Property and Equipment
Purchases of Investments	—	—	—	—	—	-550
Purchases of Investments
Purchase of Short-Term Time Deposits
Proceeds from Sale of Investments	—	200	—	—	—	350
Proceeds from Investments
Proceeds from Maturities of Available-for-Sale Securities and Held-to-Maturity Securities
Proceeds from Maturities of Available-for-Sale Securities
Proceeds from Short-Term Investment in Time Deposit
Payments for Business Acquisitions	-5,291	-5,250	-3,853	-2,266	—	-1,190
Acquisition of Subsidiaries, Net of Cash Acquired
Proceeds from Business Divestments	—	—	—	—	—	—
Proceeds from Divestitures, Net of Cash Sold, and Disposal of Property and Equipment
Other Investing Activities	—	2	—	18	—	52
Proceeds from Net Investment Hedge Terminations
Other Investing Items, Net
Cash from Investing Activities	-5,647	-5,593	-3,796	-2,745	-1,874	-1,849

Financing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Issuance of Long-Term Debt	5,058	3,669	3,269	4,008	—	1,139
Proceeds from Long-Term Obligations, Net of Issuance Costs
Repayments of Long-Term Debt	-948	-445	-1,194	-1,191	-785	-783
Reduction of Long-Term Obligations
Net Issuance / (Repayments) of Long-Term Debt	4,110	3,224	2,075	2,817	-785	356
Issuance of Common Shares	—	—	—	—	—	—
Net Proceeds from Issuance of Common Shares
Repurchases of Common Shares	-765	-765	-765	—	—	-750
Purchase of Treasury Shares
Net Issuance / (Repurchases) of Common Shares	-765	-765	-765	—	—	-750
Common Share Dividends Paid	-495	-494	-496	-494	-496	-499
Dividends on Common Shares
Other Financing Activities	-65	-25	11	30	46	46
Payment of Contingent Consideration Obligation
Net Change in Short-Term Borrowings
Purchases of Noncontrolling Interests, Net
Proceeds from Interest Rate Swap Terminations
Net Tax Withholding from Share-Based Compensation
Tax Proceeds from Share-Based Compensation
Excess Tax Benefits from Share-Based Compensation
Cash from Financing Activities	2,370	1,940	425	1,963	-721	-847