# BRISTOL-MYERS SQUIBB COMPANY (BMY) FY2024 YTD Q3 Statement of Cash Flows

- Company: BRISTOL-MYERS SQUIBB COMPANY (BMY)
- Period: 2024-01-01 to 2024-09-30
- Filing: Q3 FY2024 10-Q, filed 2024-10-31, accession number 0000014272-24-000147
- Page: https://plicit.ai/financials/bmy/fy2024-ytd-q3-cash-flow
- Chart image: https://plicit.ai/charts/bmy-fy2024-ytd-q3-cash-flow-sankey.png

## Chart details

Cash flows for Jan 1, 2024 through Sep 30, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 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 Dec 31, 2023**: 11,519,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 10,751,000,000 US dollars. Net cash provided.
- **Net (loss)/earnings**: negative 9,009,000,000 US dollars
- **Depreciation and amortization, net**: 7,720,000,000 US dollars
- **Deferred income taxes**: negative 1,298,000,000 US dollars
- **Stock-based compensation**: 387,000,000 US dollars
- **Impairment charges**: 1,010,000,000 US dollars
- **Divestiture gains and royalties**: negative 838,000,000 US dollars
- **Equity investment (gains)/losses**: negative 221,000,000 US dollars
- **Other adjustments**: 123,000,000 US dollars
- **Receivables**: 121,000,000 US dollars
- **Inventories**: negative 661,000,000 US dollars
- **Accounts payable**: negative 333,000,000 US dollars
- **Income taxes payable**: negative 1,381,000,000 US dollars
- **Other**: negative 101,000,000 US dollars
- **Acquired IPRD**: 13,343,000,000 US dollars
- **Rebates and discounts**: 1,889,000,000 US dollars
- **Investing activities**: negative 21,156,000,000 US dollars. Net cash used.
- **Sale and maturities of marketable debt securities**: 1,060,000,000 US dollars
- **Purchase of marketable debt securities**: negative 398,000,000 US dollars
- **Capital expenditures**: negative 870,000,000 US dollars
- **Divestiture and other proceeds**: 766,000,000 US dollars
- **Acquisition and other payments, net of cash acquired**: negative 21,774,000,000 US dollars
- **Proceeds from sales of equity investments**: 60,000,000 US dollars
- **Financing activities**: 6,769,000,000 US dollars. Net cash provided.
- **Proceeds from issuance of short-term debt obligations**: 2,987,000,000 US dollars
- **Stock option proceeds and other, net**: negative 87,000,000 US dollars
- **Proceeds from issuance of long-term debt**: 12,883,000,000 US dollars
- **Dividends**: negative 3,645,000,000 US dollars
- **Other short-term financing obligations, net**: 504,000,000 US dollars
- **Repayments of short-term debt obligations**: negative 3,000,000,000 US dollars
- **Repurchase of common stock**: 0 US dollars
- **Repayments of long-term debt**: negative 2,873,000,000 US dollars
- **Operating adjustment reconciliation**: 24,593,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing gross reconciliation**: 16,374,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **investing gross reconciliation**: 23,042,000,000 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**: 10,000,000 US dollars
- **Ending cash on Sep 30, 2024**: 7,893,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 29,049,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: negative 3,626,000,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
- **Operating cash flow**: 10,751,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 870,000,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 9,881,000,000 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 loss −$9.01B + net operating adjustments $19.76B = operating cash +$10.75B. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
- 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: 10,751,000,000 US dollars minus 870,000,000 US dollars equals 9,881,000,000 US dollars.