Operating ActivitiesJun '25

Net Income

3,350

Depreciation & Amortization

2,128

Share-Based Compensation Expense

531

Other Adjustments

-515

Changes in Trade Receivables

-2,327

Changes in Inventories

-1,197

Changes in Accounts Payable

-141

Changes in Unearned Revenue

343

Changes in Other Operating Activities

-409

Cash from Operating Activities

1,763

Investing ActivitiesJun '25

Capital Expenditure

-1,043

Purchases of Intangible Assets

-226

Payments for Business Acquisitions

—

Proceeds from Business Divestments

—

Other Investing Activities

82

Cash from Investing Activities

-1,187

Financing ActivitiesJun '25

Net Issuance / (Repayments) of Short-Term Debt

1,450

Issuance of Long-Term Debt

—

Repayments of Long-Term Debt

-789

Net Issuance / (Repayments) of Long-Term Debt

-789

Issuance of Common Shares

—

Repurchases of Common Shares

-50

Net Issuance / (Repurchases) of Common Shares

-50

Common Share Dividends Paid

-1,750

Other Financing Activities

-270

Cash from Financing Activities

-1,409

Free Cash FlowJun '25

Free Cash Flow

720

NOPAT

3,503.3

Levered Free Cash Flow

3,534

Unlevered Free Cash Flow

3,184.3

Net Change in Cash

-833