T-MOBILE US, INC. (TMUS) FY2024 Q1 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-01-01 to 2024-03-31

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T-MOBILE US, INC. cash flow reconciliation, Jan 1, 2024 through Mar 31, 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. 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 → Net cash from operating activities: $2,374,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $3,371,000,000.00Operating lease right-of-use assets → Operating adjustments reconciliation: $856,000,000.00Deferred income tax expense → Operating adjustments reconciliation: $715,000,000.00Bad debt expense → Operating adjustments reconciliation: $282,000,000.00Equipment installment plan receivables → Operating adjustments reconciliation: $277,000,000.00Inventory → Operating adjustments reconciliation: $170,000,000.00Other current and long-term assets → Operating adjustments reconciliation: $160,000,000.00Stock-based compensation expense → Operating adjustments reconciliation: $140,000,000.00Other, net → Operating adjustments reconciliation: $57,000,000.00Losses from sales of receivables → Operating adjustments reconciliation: $21,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $2,710,000,000.00Operating adjustments reconciliation → Accounts payable and accrued liabilities: $1,734,000,000.00Operating adjustments reconciliation → Short- and long-term operating lease liabilities: $1,017,000,000.00Operating adjustments reconciliation → Accounts receivable: $416,000,000.00Operating adjustments reconciliation → Other current and long-term liabilities: $172,000,000.00Proceeds related to beneficial interests in securitization transactions → investing reconciliation: $890,000,000.00Other, net → investing reconciliation: $11,000,000.00Net cash used in investing activities → investing reconciliation: $1,787,000,000.00investing reconciliation → Purchases of property and equipment, including capitalized interest of $(9) and $(14): $2,627,000,000.00investing reconciliation → Purchases of spectrum licenses and other intangible assets, including deposits: $61,000,000.00Net cash used in financing activities → financing reconciliation: $1,666,000,000.00Proceeds from issuance of long-term debt → financing reconciliation: $3,473,000,000.00financing reconciliation → Repurchases of common stock: $3,594,000,000.00financing reconciliation → Dividends on common stock: $769,000,000.00financing reconciliation → Repayments of financing lease obligations: $327,000,000.00financing reconciliation → Repayments of long-term debt: $223,000,000.00financing reconciliation → Tax withholdings on share-based awards: $192,000,000.00financing reconciliation → Other, net: $34,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $5,307,000,000.00Net cash from operating activities → Cash sources and uses: $5,084,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $6,938,000,000.00Cash sources and uses → Net cash used in investing activities: $1,787,000,000.00Cash sources and uses → Net cash used in financing activities: $1,666,000,000.00Accounts receivable: -$416,000,000.00Accounts receivable−$416.00 MStock-based compensation expense: $140,000,000.00Stock-based compensation+$140.00 MEquipment installment plan receivables: $277,000,000.00Finance receivables, net+$277.00 MInventory: $170,000,000.00Inventories+$170.00 MBad debt expense: $282,000,000.00Credit loss provision+$282.00 MOther current and long-term assets: $160,000,000.00Other operating assets+$160.00 MShort- and long-term operating lease liabilities: -$1,017,000,000.00Operating lease liabilities−$1.02 BOther current and long-term liabilities: -$172,000,000.00Other operating liabilities−$172.00 MAccounts payable and accrued liabilities: -$1,734,000,000.00Payables & accrued liabilities−$1.73 BDepreciation and amortization: $3,371,000,000.00Depreciation & amortization+$3.37 BLosses from sales of receivables: $21,000,000.00Losses from sales of receivables+$21.00 MOther, net: $57,000,000.00Other operating, net+$57.00 MNet income: $2,374,000,000.00Net income+$2.37 BDeferred income tax expense: $715,000,000.00Deferred taxes & credits+$715.00 MOperating lease right-of-use assets: $856,000,000.00Operating lease right-of-use+$856.00 MGain on remeasurement of disposal group held for sale: $0.00Net cash from operating activities: $5,084,000,000.00Operating cash+$5.08 BOperating adjustments reconciliation: $6,049,000,000.00Tax withholdings on share-based awards: -$192,000,000.00Stock-award tax withholding−$192.00 MProceeds from issuance of long-term debt: $3,473,000,000.00Long-term debt issued+$3.47 BRepayments of long-term debt: -$223,000,000.00Long-term debt repaid−$223.00 MRepayments of financing lease obligations: -$327,000,000.00Finance lease payments−$327.00 MRepurchases of common stock: -$3,594,000,000.00Common stock repurchases−$3.59 BOther, net: -$34,000,000.00Other financing, net−$34.00 MDividends on common stock: -$769,000,000.00Common dividends paid−$769.00 MNet cash used in financing activities: -$1,666,000,000.00. Cash required to fund net payments.Financing cash−$1.67 Bfinancing reconciliation: $5,139,000,000.00Proceeds related to beneficial interests in securitization transactions: $890,000,000.00Securitized interest collected+$890.00 MOther, net: $11,000,000.00Other investing, net+$11.00 MPurchases of spectrum licenses and other intangible assets, including deposits: -$61,000,000.00Intangible asset purchases−$61.00 MProceeds from sales of tower sites: $0.00Purchases of property and equipment, including capitalized interest of $(9) and $(14): -$2,627,000,000.00PP&E purchases−$2.63 BNet cash used in investing activities: -$1,787,000,000.00. Cash required to fund net payments.Investing cash−$1.79 Binvesting reconciliation: $2,688,000,000.00Cash sources and uses: $10,391,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $5,307,000,000.00Beginning cash$5.31 BEnding cash: Cash, cash equivalents, and restricted cash: $6,938,000,000.00Ending cash$6.94 BCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$2.46 BOperating cash − cash spent on PP&ECash flow / Net income2.14×Operating cash flow ÷ net incomeNet cash change+$1.63 BEnding cash − beginning cash
Chart details

T-MOBILE US, INC. cash flow reconciliation, Jan 1, 2024 through Mar 31, 2024

Cash flows for Jan 1, 2024 through Mar 31, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2023. Ending cash: Mar 31, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2023
5,307,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
5,084,000,000 US dollars. Net cash provided.
Net income
2,374,000,000 US dollars
Accounts receivable
negative 416,000,000 US dollars
Stock-based compensation expense
140,000,000 US dollars
Equipment installment plan receivables
277,000,000 US dollars
Inventory
170,000,000 US dollars
Bad debt expense
282,000,000 US dollars
Other current and long-term assets
160,000,000 US dollars
Short- and long-term operating lease liabilities
negative 1,017,000,000 US dollars
Other current and long-term liabilities
negative 172,000,000 US dollars
Accounts payable and accrued liabilities
negative 1,734,000,000 US dollars
Depreciation and amortization
3,371,000,000 US dollars
Losses from sales of receivables
21,000,000 US dollars
Other, net
57,000,000 US dollars
Deferred income tax expense
715,000,000 US dollars
Operating lease right-of-use assets
856,000,000 US dollars
Gain on remeasurement of disposal group held for sale
0 US dollars
Investing activities
negative 1,787,000,000 US dollars. Net cash used.
Proceeds related to beneficial interests in securitization transactions
890,000,000 US dollars
Other, net
11,000,000 US dollars
Purchases of spectrum licenses and other intangible assets, including deposits
negative 61,000,000 US dollars
Proceeds from sales of tower sites
0 US dollars
Purchases of property and equipment, including capitalized interest of $(9) and $(14)
negative 2,627,000,000 US dollars
Financing activities
negative 1,666,000,000 US dollars. Net cash used.
Tax withholdings on share-based awards
negative 192,000,000 US dollars
Proceeds from issuance of long-term debt
3,473,000,000 US dollars
Repayments of long-term debt
negative 223,000,000 US dollars
Repayments of financing lease obligations
negative 327,000,000 US dollars
Repurchases of common stock
negative 3,594,000,000 US dollars
Other, net
negative 34,000,000 US dollars
Dividends on common stock
negative 769,000,000 US dollars
Operating adjustment reconciliation
6,049,000,000 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
5,139,000,000 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
2,688,000,000 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
0 US dollars
Ending cash on Mar 31, 2024
6,938,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
10,391,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
1,631,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
2.14×. 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
5,084,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
2,627,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
2,457,000,000 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 $2.71B 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: 5,084,000,000 US dollars minus 2,627,000,000 US dollars equals 2,457,000,000 US dollars.
T-MOBILE US, INC. (TMUS) FY2024 Q1 Statement of Cash Flows Sankey chart
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