Two Lilly scientists working in the lab

Cash Flow

Table showing Lilly's Cash Flow Statement details from the years 2020-2023
Year Ending Dec 2025 (Update) Year Ending Dec 2024 (Update) Year Ending Dec 2023 (Update) Year Ending Dec 2022 (Reclassified)
Net Income/Starting Line 20.64M 10.59M 5.24M 6.24M
Depreciation – Supplemental 2.00M 1.77M 1.53M 1.52M
Depreciation/Depletion 2.00M 1.77M 1.53M 1.52M
Deferred Taxes -1,707.00 -2,683.10 -2,341.00 -2,185.20
Unusual Items -180.00 -174.00 -1,855.40 263.50
Purchased R&D 2.91M 3.28M 3.80M 908.50
Other Non-Cash Items 1.25M 1.42M 924.00 832.40
Non-Cash Items 3.98M 4.53M 2.87M 2.00M
Accounts Receivable -7,000.00 -2,155.20 -2,451.00 -299.60
Inventories -4,671.00 -2,507.40 -1,425.00 -599.70
Other Assets -6,609.00 -3,331.20 -3,453.40 -793.50
Accounts Payable 10.19M 2.61M 4.27M 1.69M
Taxes Payable
Changes in Working Capital -8,093.00 -5,385.00 -3,055.00 -0.80
Cash from Operating Activities 16.81M 8.82M 4.24M 7.59M
Purchase of Fixed Assets -7,841.00 -5,057.80 -3,447.60 -1,854.30
Purchase/Acquisition of Intangibles -3,008.00 -3,345.80 -3,944.50 -1,131.00
Capital Expenditures -10,849.00 -8,403.60 -7,392.10 -2,985.30
Acquisition of Business -661.00 -947.70 -1,044.30 -327.20
Sale of Business
Sale of Fixed Assets
Sale/Maturity of Investment 964.00 522.50 700.30 463.60
Purchase of Investments -645.00 -775.80 -829.00 -707.60
Sale of Intangible Assets
Intangible, Net 218.00 601.30 1.60M 95.80
Other Investing Cash Flow 1.00 -298.20 -191.90 -302.20
Other Investing Cash Flow Items, Total -123.00 -897.90 239.40 -777.60
Cash from Investing Activities -10,972.00 -9,301.50 -7,152.70 -3,762.90
Other Financing Cash Flow -772.00 -490.60 -335.00 -308.90
Financing Cash Flow Items -772.00 -490.60 -335.00 -308.90
Cash Dividends Paid - Common -5,384.00 -4,680.40 -4,069.30 -3,535.80
Total Cash Dividends Paid -5,384.00 -4,680.40 -4,069.30 -3,535.80
Sale/Issuance of Common
Repurchase/Retirement of Common -4,108.00 -2,500.00 -750.00 -1,500.00
Common Stock, Net -4,108.00 -2,500.00 -750.00 -1,500.00
Issuance (Retirement) of Stock, Net -4,108.00 -2,500.00 -750.00 -1,500.00
Short Term Debt, Net -4,338.00 -1,851.80 4.69M 1.50M
Long Term Debt Issued 13.17M 11.42M 3.96M --
Long Term Debt Reduction -778.00 -664.20 -- -1,560.00
Long Term Debt, Net 12.39M 10.75M 3.96M -1,560.00
Issuance (Retirement) of Debt, Net 8.05M 8.90M 8.65M -62.00
Cash from Financing Activities -2,213.00 1.23M 3.50M -5,406.70
Foreign Exchange Effects 372.00 -296.70 168.60 -167.60
Net Change in Cash 4.00M 449.80 751.60 -1,751.50
Net Cash - Beginning Balance 3.27M 2.82M 2.07M 3.82M
Net Cash - Ending Balance 7.27M 3.27M 2.82M 2.07M
Cash Interest Paid 633.00 577.50 404.20 323.70
Cash Taxes Paid 10.81M 6.56M 5.56M 2.67M

In millions of USD (except for per share items); all data is GAAP

Source: LSEG