BECTON, DICKINSON AND COMPANY (BDX) FY2024 Annual Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2023-10-01 to 2024-09-30

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BECTON, DICKINSON AND COMPANY cash flow reconciliation, Oct 1, 2023 through Sep 30, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Calculated remaining financing cash flows are purple; remaining operating and investing bundles are gray. Their underlying inflows and outflows are not separately identified. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net Income from Continuing Operations → Net cash from operating activities: $1,705,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $2,286,000,000.00Accounts payable, income taxes and other liabilities → Operating adjustments reconciliation: $625,000,000.00Share-based compensation → Operating adjustments reconciliation: $247,000,000.00Inventories → Operating adjustments reconciliation: $98,000,000.00Product remediation-related charges → Operating adjustments reconciliation: $38,000,000.00Prepaid expenses and other → Operating adjustments reconciliation: $23,000,000.00Remaining operating cash flows, net (calculated) → Operating adjustments reconciliation: $1,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $2,139,000,000.00Operating adjustments reconciliation → Trade receivables, net: $453,000,000.00Operating adjustments reconciliation → Other, net: $445,000,000.00Operating adjustments reconciliation → Deferred income taxes: $211,000,000.00Operating adjustments reconciliation → Pension obligation: $70,000,000.00Proceeds from long-term debt → financing reconciliation: $4,517,000,000.00Change in short-term debt → financing reconciliation: $400,000,000.00Remaining financing cash flows, net (calculated) → financing reconciliation: $1,000,000.00financing reconciliation → Net cash from financing activities: $2,087,000,000.00financing reconciliation → Payments of debt: $1,142,000,000.00financing reconciliation → Dividends paid: $1,100,000,000.00financing reconciliation → Repurchase of common stock: $500,000,000.00financing reconciliation → Other, net: $89,000,000.00Net cash used in investing activities → investing reconciliation: $5,514,000,000.00investing reconciliation → Acquisitions, net of cash acquired: $3,924,000,000.00investing reconciliation → Capital expenditures: $725,000,000.00investing reconciliation → Other, net: $444,000,000.00investing reconciliation → Purchases of investments, net: $421,000,000.00Exchange-rate effect → Cash sources and uses: $4,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $1,481,000,000.00Net cash from operating activities → Cash sources and uses: $3,844,000,000.00Net cash from financing activities → Cash sources and uses: $2,087,000,000.00Cash sources and uses → Net Cash (Used for) Provided by Discontinued Operations: $46,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $1,856,000,000.00Cash sources and uses → Net cash used in investing activities: $5,514,000,000.00Net Income from Continuing Operations: $1,705,000,000.00Continuing ops income (loss)+$1.71 BDepreciation and amortization: $2,286,000,000.00Depreciation & amortization+$2.29 BShare-based compensation: $247,000,000.00Stock-based compensation+$247.00 MDeferred income taxes: -$211,000,000.00Deferred taxes & credits−$211.00 MTrade receivables, net: -$453,000,000.00Accounts & other receivables−$453.00 MInventories: $98,000,000.00Inventories+$98.00 MPrepaid expenses and other: $23,000,000.00Prepaid & other assets+$23.00 MAccounts payable, income taxes and other liabilities: $625,000,000.00Payables & accrued liabilities+$625.00 MPension obligation: -$70,000,000.00Pension obligation−$70.00 MGain on sale of business: -$0.00Product remediation-related charges: $38,000,000.00Product remediation-related charges+$38.00 MOther, net: -$445,000,000.00Other working capital, net−$445.00 MRemaining operating cash flows, net (calculated): $1,000,000.00Remaining operating (calculated)+$1.00 MNet cash from operating activities: $3,844,000,000.00Operating cash+$3.84 BOperating adjustments reconciliation: $3,318,000,000.00Payments of debt: -$1,142,000,000.00Long-term debt repaid−$1.14 BDividends paid: -$1,100,000,000.00Common dividends paid−$1.10 BRepurchase of common stock: -$500,000,000.00Common stock repurchases−$500.00 MChange in short-term debt: $400,000,000.00Commercial paper, net+$400.00 MDistribution from Embecta Corp. (see Note 2): $0.00Net transfer of cash to Embecta upon spin-off: -$0.00Proceeds from long-term debt: $4,517,000,000.00Long-term debt issued+$4.52 BOther, net: -$89,000,000.00Other financing, net−$89.00 MRemaining financing cash flows, net (calculated): $1,000,000.00Remaining financing (calculated)+$1.00 MNet cash from financing activities: $2,087,000,000.00Financing cash+$2.09 Bfinancing reconciliation: $4,918,000,000.00Other, net: -$444,000,000.00Other investing, net−$444.00 MProceeds from divestitures, net: $0.00Acquisitions, net of cash acquired: -$3,924,000,000.00Acquisitions, net of cash−$3.92 BCapital expenditures: -$725,000,000.00PP&E purchases−$725.00 MPurchases of investments, net: -$421,000,000.00Investment purchases−$421.00 MNet cash used in investing activities: -$5,514,000,000.00. Cash required to fund net payments.Investing cash−$5.51 Binvesting reconciliation: $5,514,000,000.00Cash sources and uses: $7,416,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $1,481,000,000.00Beginning cash$1.48 BEnding cash: Cash, cash equivalents, and restricted cash: $1,856,000,000.00Ending cash$1.86 BExchange-rate effect: $4,000,000.00FX effect+$4.00 MNet Cash (Used for) Provided by Discontinued Operations: -$46,000,000.00Net Cash (Used for)Provided by DiscontinuedOperations−$46.00 MCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsFree cash flow$3.12 BOperating cash − cash spent on PP&ECash flow / Net incomeUnavailableOperating cash flow ÷ net incomeNet cash change+$375.00 MEnding cash − beginning cash
Chart details

BECTON, DICKINSON AND COMPANY cash flow reconciliation, Oct 1, 2023 through Sep 30, 2024

Cash flows for Oct 1, 2023 through Sep 30, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Sep 30, 2023. Ending cash: Sep 30, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Sep 30, 2023
1,481,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
3,844,000,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the operating total. The filing's tagged operating lines do not add up to the operating total; this is the difference. It may combine inflows and outflows.
Net Income from Continuing Operations
1,705,000,000 US dollars
Depreciation and amortization
2,286,000,000 US dollars
Share-based compensation
247,000,000 US dollars
Deferred income taxes
negative 211,000,000 US dollars
Trade receivables, net
negative 453,000,000 US dollars
Inventories
98,000,000 US dollars
Prepaid expenses and other
23,000,000 US dollars
Accounts payable, income taxes and other liabilities
625,000,000 US dollars
Pension obligation
negative 70,000,000 US dollars
Gain on sale of business
0 US dollars
Product remediation-related charges
38,000,000 US dollars
Other, net
negative 445,000,000 US dollars
Remaining operating cash flows, net (calculated)
1,000,000 US dollars
Investing activities
negative 5,514,000,000 US dollars. Net cash used.
Other, net
negative 444,000,000 US dollars
Proceeds from divestitures, net
0 US dollars
Acquisitions, net of cash acquired
negative 3,924,000,000 US dollars
Capital expenditures
negative 725,000,000 US dollars
Purchases of investments, net
negative 421,000,000 US dollars
Financing activities
2,087,000,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the financing total. The filing's tagged financing lines do not add up to the financing total; this is the difference. It may combine inflows and outflows.
Payments of debt
negative 1,142,000,000 US dollars
Dividends paid
negative 1,100,000,000 US dollars
Repurchase of common stock
negative 500,000,000 US dollars
Change in short-term debt
400,000,000 US dollars
Distribution from Embecta Corp. (see Note 2)
0 US dollars
Net transfer of cash to Embecta upon spin-off
0 US dollars
Proceeds from long-term debt
4,517,000,000 US dollars
Other, net
negative 89,000,000 US dollars
Remaining financing cash flows, net (calculated)
1,000,000 US dollars
Operating adjustment reconciliation
3,318,000,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
financing displayed reconciliation
4,918,000,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
investing gross reconciliation
5,514,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
4,000,000 US dollars
Net Cash (Used for) Provided by Discontinued Operations
negative 46,000,000 US dollars. Out of cash; drawn as the small gray flow above ending cash.
Ending cash on Sep 30, 2024
1,856,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
7,416,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
375,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Unavailable. Operating cash flow and reconciliation net income for the same period are required.
Operating cash flow
3,844,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
725,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
3,119,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $2.14B after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 3,844,000,000 US dollars minus 725,000,000 US dollars equals 3,119,000,000 US dollars.
BECTON, DICKINSON AND COMPANY (BDX) FY2024 Annual Statement of Cash Flows Sankey chart
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