# THERMO FISHER SCIENTIFIC INC. (TMO) FY2026 YTD Q2 Statement of Cash Flows

- Company: THERMO FISHER SCIENTIFIC INC. (TMO)
- Period: 2026-01-01 to 2026-06-27
- Filing: Q2 FY2026 10-Q, filed 2026-07-31, accession number 0000097745-26-000144
- Page: https://plicit.ai/financials/tmo/fy2026-ytd-q2-cash-flow
- Chart image: https://plicit.ai/charts/tmo-fy2026-ytd-q2-cash-flow-sankey.png

## Chart details

Cash flows for Jan 1, 2026 through Jun 27, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. Ending cash: Jun 27, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Dec 31, 2025**: 9,879,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 3,317,000,000 US dollars. Net cash provided.
- **Net income**: 3,397,000,000 US dollars
- **Depreciation of property, plant and equipment**: 638,000,000 US dollars
- **Amortization of acquisition-related intangible assets**: 915,000,000 US dollars
- **Change in deferred income taxes**: negative 466,000,000 US dollars
- **Stock-based compensation**: 165,000,000 US dollars
- **Other net non-cash expenses**: 205,000,000 US dollars
- **Changes in assets and liabilities, excluding the effects of acquisitions**: negative 1,537,000,000 US dollars
- **Investing activities**: negative 8,797,000,000 US dollars. Net cash used. The remaining amount is calculated by subtracting the other displayed items from the investing total. The filing's tagged investing lines do not add up to the investing total; this is the difference. It may combine inflows and outflows.
- **Purchases of property, plant and equipment**: negative 826,000,000 US dollars
- **Proceeds from sale of property, plant and equipment**: 13,000,000 US dollars
- **Proceeds from cross-currency interest rate swap interest settlements**: 187,000,000 US dollars
- **Acquisitions, net of cash acquired**: negative 8,872,000,000 US dollars
- **Purchases of investments**: negative 35,000,000 US dollars
- **Proceeds from sales and maturities of investments**: 253,000,000 US dollars
- **Net proceeds from terminations of cross-currency interest rate swaps**: 481,000,000 US dollars
- **Other investing activities, net**: 1,000,000 US dollars
- **Remaining investing cash flows, net (calculated)**: 1,000,000 US dollars
- **Financing activities**: negative 478,000,000 US dollars. Net cash used.
- **Net proceeds from issuance of debt**: 5,238,000,000 US dollars
- **Repayment of debt**: negative 1,412,000,000 US dollars
- **Proceeds from issuance of commercial paper**: 389,000,000 US dollars
- **Repayments of commercial paper**: negative 389,000,000 US dollars
- **Purchases of company common stock**: negative 4,000,000,000 US dollars
- **Dividends paid**: negative 337,000,000 US dollars
- **Other financing activities, net**: 33,000,000 US dollars
- **Operating adjustment reconciliation**: 2,003,000,000 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**: 6,138,000,000 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 displayed reconciliation**: 9,733,000,000 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.
- **Exchange-rate effect**: 176,000,000 US dollars
- **Difference in the filed cash totals (calculated)**: negative 1,000,000 US dollars. Out of cash; drawn as the small gray flow above ending cash.
- **Ending cash on Jun 27, 2026**: 4,096,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 13,372,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: negative 5,783,000,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 0.98×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
- **Operating cash flow**: 3,317,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 826,000,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 2,491,000,000 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 exceeds operating cash. The diagram allocates $3.32B of net income directly to operating cash and $80.00M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of 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.
- The filer's reported cash figures differ by $1.00 M: its ending cash less its beginning cash does not equal its reported net change in cash. The chart shows the difference as its own calculated flow; no reported amount has been adjusted.
- Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 3,317,000,000 US dollars minus 826,000,000 US dollars equals 2,491,000,000 US dollars.
- The filer's reported cash figures differ by $1.00 M: its ending cash less its beginning cash does not equal its reported net change in cash. The chart shows the difference as its own calculated flow; no reported amount has been adjusted.