← ESTEE LAUDER COMPANIES INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $1.1b
$1.2b +12.06%
$1.1b -11.29%
$1.8b +61.10%
$684.0m -61.68%
$2.9b +319.59%
$2.4b -16.72%
$1.0b -57.91%
$390.0m -61.23%
($1.1b) -390.51%
—
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $1.1b $1.3b $1.1b $1.8b $696.0m $2.9b $2.4b $1.0b $409.0m ($1.1b) —
Net Income (Loss) Attributable to Noncontrolling Interest $6.2m $7.0m $9.0m $9.0m $12.0m $12.0m $7.0m $0 $0 — —
Depreciation, Depletion and Amortization $414.7m $464.0m $531.0m $557.0m $611.0m $651.0m $727.0m $744.0m $825.0m $829.0m $808.0m
Amortization of Intangible Assets $15.8m $35.0m $51.0m $51.0m $73.0m $110.0m $160.0m $145.0m $144.0m $131.0m —
Other Depreciation and Amortization $401.2m $428.0m $469.0m $495.0m $514.0m $516.0m $543.0m $577.0m $663.0m $684.0m —
Depreciation Amortization Depletion — — — — — — $727.0m $744.0m $825.0m $829.0m $808.0m
Deferred Income Tax Expense (Benefit) ($94.1m) ($118.0m) $175.0m ($66.0m) ($143.0m) ($230.0m) ($149.0m) ($186.0m) ($265.0m) ($396.0m) ($84.0m)
Deferred Tax — — — — — — ($149.0m) ($186.0m) ($265.0m) ($396.0m) ($84.0m)
Share-based Payment Arrangement, Noncash Expense $183.5m $219.0m $236.0m $243.0m $213.0m $327.0m $331.0m $267.0m $325.0m $304.0m $303.0m
Goodwill and Intangible Asset Impairment — $31.0m — $90.0m $1.4b $188.0m $241.0m $207.0m $471.0m $1.3b —
Goodwill, Impairment Loss — $28.0m — $68.0m $812.0m $54.0m $0 $0 $291.0m $13.0m $425.0m
Operating Lease, Impairment Loss — — — — $131.0m $25.0m — — — — —
Asset Impairment Charge — — — — — — $241.0m $207.0m $471.0m $1.3b $425.0m
Equity Method Investment, Realized Gain (Loss) on Disposal — — — — $534.0m $847.0m $1.0m $0 $0 — —
Earnings (Loss)es From Equity Investments — — — — — — ($1.0m) $0 $0 — $0
Changes in operating assets and liabilities:
Change In Working Capital — — — — — — ($554.0m) ($356.0m) $631.0m $349.0m $524.0m
Increase (Decrease) in Accounts Receivable $100.9m $92.0m $105.0m $169.0m ($625.0m) $398.0m $10.0m ($185.0m) $285.0m ($230.0m) $79.0m
Change In Receivables — — — — — — ($10.0m) $185.0m ($285.0m) $230.0m $79.0m
Changes In Account Receivables — — — — — — ($10.0m) $185.0m ($285.0m) $230.0m $79.0m
Increase (Decrease) in Inventories $69.0m $85.0m $147.0m $375.0m $3.0m $140.0m $602.0m $64.0m ($766.0m) ($184.0m) $104.0m
Change In Inventory — — — — — — ($602.0m) ($64.0m) $766.0m $184.0m $104.0m
Change In Payables And Accrued Expense — — — — — — $211.0m ($462.0m) $171.0m ($20.0m) $83.0m
Change In Accrued Expense — — — — — — $1.0m ($129.0m) $209.0m ($41.0m) $369.0m
Change In Other Current Assets — — — — — — ($101.0m) $26.0m $15.0m ($11.0m) ($82.0m)
Other Operating Income (Expense), Net — — — $71.0m $557.0m $847.0m $1.0m $0 $0 — —
Net Cash Provided by (Used in) Operating Activities $1.8b
$1.8b +0.63%
$2.6b +42.94%
$2.5b -2.18%
$2.3b -9.42%
$3.6b +59.25%
$3.0b -16.28%
$1.7b -43.06%
$2.4b +36.34%
$1.3b -46.10%
$1.8b +41.35%
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $525.3m $504.0m $629.0m $744.0m $623.0m $637.0m $1.0b $1.0b $919.0m $602.0m ($513.0m)
Gain (Loss) on Disposition of Property Plant Equipment ($17.3m) ($5.0m) ($15.0m) ($17.0m) ($20.0m) ($23.0m) ($8.0m) ($13.0m) ($9.0m) ($19.0m) $100.0m
Capital Expenditure Reported $525.3m $504.0m $629.0m $744.0m $623.0m $637.0m ($1.0b) ($1.0b) ($919.0m) ($602.0m) ($513.0m)
Payments to Acquire Investments $2.0b $1.3b $478.0m $14.0m $5.0m $42.0m $10.0m $8.0m $18.0m $1.0m ($19.0m)
Payments to Acquire Businesses, Net of Cash Acquired $101.3m $1.7b $11.0m — $1.0b $1.1b $3.0m $0 $0 — $0
Net Cash Provided by (Used in) Investing Activities — ($2.2b) ($369.0m) $473.0m ($1.7b) ($1.9b) ($945.0m) ($3.2b) ($960.0m) ($623.0m) ($519.0m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $616.2m $1.5b — — — — — — — — $0
Issuance Of Debt — — — — — — $0 $3.0b $648.0m $0 $0
Long Term Debt Issuance — — — — — — $0 $2.0b $648.0m $0 $0
Long Term Debt Payments — — — — — — ($18.0m) ($265.0m) ($10.0m) ($505.0m) ($5.0m)
Net Issuance Payments Of Debt — — — — — — ($22.0m) $2.7b ($362.0m) ($505.0m) ($5.0m)
Net Long Term Debt Issuance — — — — — — ($18.0m) $1.7b $638.0m ($505.0m) ($5.0m)
Net Short Term Debt Issuance — — — — — — ($4.0m) $983.0m ($1.0b) $0 $0
Repayment Of Debt — — — — — — ($22.0m) ($265.0m) ($1.0b) ($505.0m) ($5.0m)
Short Term Debt Issuance — — — — — — $0 $983.0m $0 $0 $0
Short Term Debt Payments — — — — — — ($4.0m) $0 ($1.0b) $0 $0
Payments for Repurchase of Common Stock $889.9m $413.0m $759.0m $1.6b $893.0m $733.0m $2.3b $271.0m $35.0m $35.0m —
Payments of Ordinary Dividends, Common Stock $422 $486 $546 $609 $503 $753 $840 $925 $947 $618 ($507.0m)
Common Stock Payments — — — — — — ($2.3b) ($271.0m) ($35.0m) ($35.0m) ($70.0m)
Net Common Stock Issuance — — — — — — ($2.3b) ($271.0m) ($35.0m) ($35.0m) ($70.0m)
Repurchase Of Capital Stock — — — — — — ($2.3b) ($271.0m) ($35.0m) ($35.0m) ($70.0m)
Dividends Payable ($1) — — — — — — — — — —
Cash Dividends Paid — — — — — — ($840.0m) ($925.0m) ($947.0m) ($618.0m) ($507.0m)
Net Other Financing Charges — — — — — — ($16.0m) ($15.0m) ($731.0m) ($1.0m) ($281.0m)
Net Cash Provided by (Used in) Financing Activities — $630.0m
($1.2b) -286.03%
($2.2b) -85.41%
$1.5b +167.23%
($1.9b) -229.50%
($3.0b) -60.47%
$1.6b +152.37%
($2.0b) -227.99%
($1.1b) +43.78%
($810.0m) +29.20%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — $806.0m $2.0b ($64.0m) ($1.0b) $72.0m ($634.0m) ($474.0m) $3.1b
Beginning Cash Position — — — — — — $5.0b $4.0b $4.0b $3.4b $2.6b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $3.0b $5.0b $5.0b $4.0b $4.0b $3.4b $2.9b $3.1b
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — $61.0m ($60.0m) ($32.0m) $1.0m $21.0m $26.0m
Effect Of Exchange Rate Changes — — — — — — ($60.0m) ($32.0m) $1.0m $21.0m $26.0m
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — $96.0m $128.0m $131.0m $153.0m $166.0m $163.0m $235.0m $359.0m $353.0m —
Additional Financial Items
Foreign Currency Transaction Gain (Loss), before Tax $15.7m $15.0m ($95.0m) $46.0m $51.0m ($12.0m) ($11.0m) $57.0m $77.0m $58.0m —
Gain (Loss) Related to Litigation Settlement — — — — — — — — — ($159.0m) —
Goodwill $1.2b $1.9b $1.9b $1.9b $1.4b $2.6b $2.5b $2.5b $2.1b $2.1b $425.0m
Income Tax Expense (Benefit) $434.4m $361.0m $863.0m $513.0m $350.0m $456.0m $628.0m $387.0m $363.0m $93.0m —
Interest Expense Nonoperating — — — — — — — — — $357.0m —
Operating Expenses $7.5b $7.7b $8.8b $9.2b $10.1b $9.8b $10.3b $9.8b $10.2b $11.4b —
Proceeds from Stock Options Exercised $84.4m $141.0m $182.0m $192.0m $180.0m $215.0m $151.0m $88.0m $40.0m $15.0m —
Restructuring Costs $18.6m $3.0m $1.0m — $20.0m $76.0m $14.0m $36.0m $7.0m $20.0m —
Cash Flow From Continuing Financing Activities — — — — — — ($3.0b) $1.6b ($2.0b) ($1.1b) ($810.0m)
Cash Flow From Continuing Investing Activities — — — — — — ($945.0m) ($3.2b) ($960.0m) ($623.0m) ($519.0m)
Change In Account Payable — — — — — — $210.0m ($333.0m) ($38.0m) $21.0m $83.0m
Change In Cash Supplemental As Reported — — — — — — ($1.0b) $72.0m ($634.0m) ($474.0m) —
Change In Other Working Capital — — — — — — ($52.0m) ($41.0m) ($36.0m) ($34.0m) ($29.0m)
Change In Payable — — — — — — $210.0m ($333.0m) ($38.0m) $21.0m $83.0m
Changes In Cash — — — — — — ($941.0m) $104.0m ($635.0m) ($495.0m) $469.0m
End Cash Position — — — — — — $4.0b $4.0b $3.4b $2.9b $3.1b
Financing Cash Flow — — — — — — ($3.0b)
$1.6b +152.37%
($2.0b) -227.99%
($1.1b) +43.78%
($810.0m) +29.20%
Free Cash Flow — — — — — — $2.0b ($1.6b) $1.4b $670.0m $1.3b
Gain Loss On Sale Of PPE — — — — — — $8.0m $13.0m $9.0m $19.0m $24.0m
Income Tax Paid Supplemental Data — — — — — — — $665.0m $550.0m $630.0m $593.0m
Investing Cash Flow — — — — — — ($945.0m) ($3.2b) ($960.0m) ($623.0m) ($519.0m)
Net Business Purchase And Sale — — — — — — ($3.0m) $0 $0 — $0
Net Intangibles Purchase And Sale — — — — — — $0 ($2.3b) $0 $0 $0
Net Investment Purchase And Sale — — — — — — $98.0m $72.0m ($41.0m) ($24.0m) ($16.0m)
Net PPE Purchase And Sale — — — — — — — $0 $0 $3.0m $10.0m
Operating Gains Losses — — — — — — $85.0m $66.0m $59.0m $95.0m $100.0m
Other Non Cash Items — — — — — — ($49.0m) ($21.0m) ($95.0m) ($62.0m) —
Pension And Employee Benefit Expense — — — — — — $78.0m $53.0m $50.0m $76.0m $76.0m
Proceeds From Stock Option Exercised — — — — — — $151.0m $88.0m $40.0m $15.0m $53.0m
Purchase Of Business — — — — — — ($3.0m) $0 $0 — $0
Purchase Of Intangibles — — — — — — $0 ($2.3b) $0 $0 $0
Purchase Of Investment — — — — — — ($10.0m) ($8.0m) ($41.0m) ($24.0m) ($19.0m)
Sale Of Investment — — — — — — $108.0m $80.0m — — —
Sale Of PPE — — — — — — — $0 $0 $3.0m $10.0m
Stock Based Compensation — — — — — — $331.0m $267.0m $325.0m $304.0m $303.0m

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.