Is Ares Capital Corporation (ARCC) a Buy, Sell, or Hold?
NASDAQ : ARCC
Ares Capital Corporation — Financials
$19.01 USD
-$0.03 (-0.16%)
- Volume
- 430.72K
- Average Volume
- 5.15M
- Market Capitalization
- $13.65B
- P/E Ratio
- 14.08
- Dividend Yield
- 10.10%
- Price Target
- $19.00
- Year High
- $22.94
- Year Low
- $17.40
- Day High
- —
- Day Low
- —
- Payout Ratio
- $1.25
- Current Ratio
- $0.00
ARCC Financial Statements
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 2.24B | 2.37B | 2.17B | 1.2B | 2.05B | 858M | 1.12B | 1.12B | 974M | 737M |
| costOfRevenue | 736M | 659M | 530M | 455M | 372M | 317M | 291M | 240M | 225M | 167M |
| grossProfit | 1.51B | 1.71B | 1.64B | 741M | 1.68B | 541M | 824M | 879M | 749M | 570M |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 51M | 43M | 42M | 38M | 39M | 38M | 45M | 42M | 89M | 56M |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 51M | 43M | 42M | 38M | 39M | 38M | 45M | 42M | 89M | 56M |
| otherExpenses | 57M | 70M | 52M | 48M | 43M | - | -30M | -40M | -26M | 19M |
| operatingExpenses | 108M | 113M | 94M | 86M | 82M | 38M | 15M | 2M | 63M | 75M |
| costAndExpenses | 844M | 772M | 624M | 541M | 454M | 355M | 306M | 242M | 288M | 242M |
| netInterestIncome | 1.45B | 1.5B | 1.43B | 1.02B | 875M | 842M | 889M | 801M | 726M | 639M |
| interestIncome | 2.18B | 2.16B | 1.96B | 1.47B | 1.25B | 1.16B | 1.18B | 1.04B | 951M | 806M |
| interestExpense | 736M | 659M | 530M | 455M | 372M | 317M | 291M | 240M | 225M | 167M |
| depreciationAndAmortization | - | - | - | - | - | - | - | - | 1M | 1M |
| ebitda | 1.4B | 1.6B | 1.54B | 655M | 1.6B | 503M | 809M | 877M | 687M | 496M |
| ebit | 1.4B | 1.6B | 1.54B | 655M | 1.6B | 503M | 809M | 877M | 686M | 495M |
| nonOperatingIncomeExcludingInterest | - | - | - | - | - | - | - | - | - | - |
| operatingIncome | 1.4B | 1.6B | 1.54B | 655M | 1.6B | 503M | 809M | 877M | 686M | 495M |
| totalOtherIncomeExpensesNet | - | - | - | - | - | - | - | - | - | - |
| incomeBeforeTax | 1.4B | 1.6B | 1.54B | 655M | 1.6B | 503M | 809M | 877M | 686M | 495M |
| incomeTaxExpense | 99M | 73M | 20M | 55M | 29M | 19M | 16M | 19M | 19M | 21M |
| netIncomeFromContinuingOperations | 1.3B | 1.52B | 1.52B | 600M | 1.57B | 484M | 793M | 858M | 667M | 474M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | 1.3B | 1.52B | 1.52B | 600M | 1.57B | 484M | 793M | 858M | 667M | 474M |
| netIncomeDeductions | - | - | -17M | -17M | - | - | - | - | - | - |
| bottomLineNetIncome | 1.3B | 1.52B | 1.54B | 617M | 1.57B | 484M | 793M | 858M | 667M | 474M |
| eps | 1.86 | 2.44 | 2.75 | 1.21 | 3.51 | 1.14 | 1.86 | 2.01 | 1.57 | 1.51 |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 924M | 635M | 535M | 303M | 372M | 254M | 176M | 296M | 316M | 223M |
| shortTermInvestments | - | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 924M | 635M | 535M | 303M | 372M | 254M | 176M | 296M | 316M | 223M |
| netReceivables | 605M | 516M | 261M | 180M | 222M | 223M | 131M | 103M | 94M | 141M |
| accountsReceivables | 605M | 516M | 261M | 180M | 222M | 223M | - | - | - | - |
| otherReceivables | - | - | - | - | - | - | 131M | 103M | 94M | 141M |
| inventory | - | - | - | - | - | - | - | - | - | - |
| prepaids | - | - | - | - | - | - | - | - | - | - |
| otherCurrentAssets | - | - | 29M | 34M | 114M | 72M | - | - | - | - |
| totalCurrentAssets | 1.53B | 1.15B | 825M | 517M | 708M | 549M | 307M | 399M | 409M | 335M |
| propertyPlantEquipmentNet | - | - | - | 20M | 27M | 38M | 94M | - | - | - |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | 29.48B | 26.72B | 22.89B | 21.78B | 20.01B | 15.52B | 14.43B | 12.42B | 11.84B | 8.82B |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | 144M | 381M | 86M | 81M | 99M | 94M | -14.43B | -12.42B | -11.84B | -8.82B |
| totalNonCurrentAssets | 29.63B | 27.1B | 22.98B | 21.88B | 20.14B | 15.65B | 94M | 12.42B | 11.84B | 8.82B |
| otherAssets | - | - | - | - | - | - | 14.5B | 79M | 97M | 90M |
| totalAssets | 31.24B | 28.25B | 23.8B | 22.4B | 20.84B | 16.2B | 14.9B | 12.9B | 12.35B | 9.24B |
| totalPayables | 86M | 406M | 115M | 87M | 307M | 66M | 346M | 348M | 395M | 206M |
| accountPayables | 86M | 406M | 115M | 87M | 307M | 66M | 177M | 155M | 245M | 102M |
| otherPayables | - | - | - | - | - | - | 169M | 193M | 150M | 104M |
| accruedExpenses | - | - | 394M | 302M | 397M | 282M | - | - | - | - |
| shortTermDebt | - | - | 1.33B | 807M | 20M | 27M | - | - | - | - |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - | - | - | - | - |
| otherCurrentLiabilities | 808M | - | 24M | 21M | - | - | -225M | -348M | -395M | -206M |
| totalCurrentLiabilities | 894M | 406M | 1.87B | 1.22B | 724M | 375M | 121M | 348M | 395M | 206M |
| longTermDebt | 15.99B | 13.76B | 10.62B | 11.54B | 11.09B | 8.51B | 7B | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | 31M | 43M | 59M | 97M | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | 28M | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | 4M | 734M | 116M | 56M | 114M | 72M | -4.6M | - | - | - |
| totalNonCurrentLiabilities | 16.02B | 14.49B | 10.73B | 11.63B | 11.25B | 8.64B | 7.09B | 5.21B | 4.85B | 3.87B |
| otherLiabilities | - | - | - | - | - | - | 225M | 33M | - | - |
| capitalLeaseObligations | - | - | - | 31M | 43M | 59M | 97M | - | - | - |
| totalLiabilities | 16.92B | 14.9B | 12.6B | 12.84B | 11.98B | 9.02B | 7.44B | 5.6B | 5.25B | 4.08B |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 1M | 1M | 1M | 1M | - | - | - | - | - | - |
| retainedEarnings | 958M | 852M | 462M | -2M | 315M | -480M | -293M | 127M | -94M | 37M |
| additionalPaidInCapital | 13.36B | 12.5B | 10.74B | 9.56B | 8.55B | 7.66B | 7.76B | 7.17B | 7.19B | 5.29B |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | 1.3B | 1.52B | 1.52B | 600M | 1.57B | 484M | 793M | 858M | 667M | 474M |
| depreciationAndAmortization | - | - | - | - | - | - | - | - | 1M | 1M |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - | - | - | - | - | - |
| changeInWorkingCapital | -82M | 190M | 31M | -147M | 208M | 78M | -39M | 16M | 3M | -2M |
| accountsReceivables | -2M | 89M | -65M | -114M | 56M | 37M | -26M | 2M | 28M | 26M |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | -68M | 58M | 91M | -91M | 129M | 38M | -6M | -23M | -76M | -9M |
| otherWorkingCapital | -12M | 43M | 5M | 58M | 23M | 3M | -7M | 37M | 51M | -19M |
| otherNonCashItems | -75M | -430M | -553M | 293M | -840M | 172M | -73M | -208M | -2.54B | 234M |
| netCashProvidedByOperatingActivities | 1.14B | 1.28B | 1B | 746M | 935M | 734M | 681M | 666M | -1.87B | 707M |
| investmentsInPropertyPlantAndEquipment | - | - | - | - | - | - | - | - | - | - |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | -14.08B | -12.62B | -5.8B | -9.85B | -13.64B | -6.76B | -6.8B | -7.11B | -7.23B | -3.48B |
| salesMaturitiesOfInvestments | 11.22B | 9.21B | 5.32B | 7.75B | 10.25B | 5.47B | 4.9B | 6.75B | 7.05B | 3.71B |
| otherInvestingActivities | - | - | - | - | - | - | - | - | - | - |
| netCashProvidedByInvestingActivities | -2.86B | -3.41B | -489M | -2.1B | -3.39B | -1.29B | -1.89B | -362M | -182M | 236M |
| netDebtIssuance | 2.16B | 2.26B | -388M | 1.14B | 2.56B | 1.54B | 1.78B | 351M | 981M | -249M |
| longTermNetDebtIssuance | 2.16B | 2.26B | -388M | 1.14B | 2.56B | 1.54B | 1.72B | 351M | 981M | -249M |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| netStockIssuance | 928M | 1.36B | 1.16B | 1B | 819M | -96M | 64M | - | 1.84B | -5M |
| netCommonStockIssuance | 928M | 1.36B | 1.16B | 1B | 819M | -96M | 64M | - | 1.84B | -5M |
| commonStockIssuance | 928M | 1.36B | 1.16B | 1B | 819M | 4M | 64M | - | 1.84B | - |
| commonStockRepurchased | - | - | - | - | - | -100M | - | - | - | -5M |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | -1.26B | -1.14B | -1.03B | -912M | -694M | -679M | -694M | -656M | -642M | -477M |
| commonDividendsPaid | -1.26B | -1.14B | -1.03B | -912M | -694M | -679M | -694M | -656M | -642M | -477M |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | -45M | -59M | -20M | -16M | -64M | -60M | -59M | -19M | -37M | -10M |
| netCashProvidedByFinancingActivities | 1.78B | 2.42B | -284M | 1.21B | 2.62B | 707M | 1.09B | -324M | 2.14B | -741M |
| date | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 581M | 349M | 540M | 655M | 579M | 446M | 567M | 613M | 532M | 639M |
| costOfRevenue | 173M | 198M | 196M | 195M | 172M | 172M | 174M | 181M | 160M | 144M |
| grossProfit | 408M | 151M | 344M | 460M | 407M | 274M | 393M | 432M | 372M | 495M |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 14M | 12M | 11M | 15M | 13M | 12M | 10M | 12M | 11M | 10M |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 14M | 12M | 11M | 15M | 13M | 12M | 10M | 12M | 11M | 10M |
| otherExpenses | - | 15M | 14M | 14M | 16M | 14M | 13M | 14M | 14M | 29M |
| operatingExpenses | 14M | 27M | 25M | 29M | 29M | 26M | 23M | 26M | 25M | 39M |
| costAndExpenses | 187M | 225M | 221M | 224M | 201M | 198M | 197M | 207M | 185M | 183M |
| netInterestIncome | -214M | 352M | 367M | 366M | 361M | 354M | 368M | 387M | 379M | 369M |
| interestIncome | - | 550M | 563M | 561M | 533M | 526M | 542M | 568M | 539M | 513M |
| interestExpense | 214M | 198M | 196M | 195M | 172M | 172M | 174M | 181M | 160M | 144M |
| depreciationAndAmortization | - | - | - | - | - | - | - | - | - | - |
| ebitda | 384M | 124M | 319M | 431M | 378M | 248M | 370M | 406M | 347M | 456M |
| ebit | 384M | 124M | 319M | 431M | 378M | 248M | 370M | 406M | 347M | 456M |
| nonOperatingIncomeExcludingInterest | 10M | - | - | - | - | - | - | - | - | - |
| operatingIncome | 394M | 124M | 319M | 431M | 378M | 248M | 370M | 406M | 347M | 456M |
| totalOtherIncomeExpensesNet | -204M | - | - | - | - | - | - | - | - | - |
| incomeBeforeTax | 190M | 124M | 319M | 431M | 378M | 248M | 370M | 406M | 347M | 456M |
| incomeTaxExpense | 19M | 32M | 26M | 27M | 17M | 7M | 13M | 12M | 25M | 7M |
| netIncomeFromContinuingOperations | 171M | 92M | 293M | 404M | 361M | 241M | 357M | 394M | 322M | 449M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | 171M | 92M | 293M | 404M | 361M | 241M | 357M | 394M | 322M | 449M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | 171M | 92M | 293M | 404M | 361M | 241M | 357M | 394M | 322M | 449M |
| eps | 0.24 | 0.13 | 0.41 | 0.57 | 0.52 | 0.36 | 0.55 | 0.62 | 0.52 | 0.76 |
| date | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 383M | 505M | 924M | 1.04B | 447M | 647M | 635M | 486M | 601M | 509M |
| shortTermInvestments | - | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 383M | 505M | 924M | 1.04B | 447M | 647M | 635M | 486M | 601M | 509M |
| netReceivables | 299M | - | 605M | 631M | 306M | 272M | 516M | 382M | 331M | 464M |
| accountsReceivables | 299M | - | 605M | 631M | 306M | 272M | 516M | 382M | 331M | 464M |
| otherReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| prepaids | - | - | - | - | - | - | - | - | - | - |
| otherCurrentAssets | - | - | - | - | - | - | - | - | - | - |
| totalCurrentAssets | 682M | 505M | 1.53B | 1.67B | 753M | 919M | 1.15B | 868M | 932M | 973M |
| propertyPlantEquipmentNet | - | - | - | - | - | - | - | 7M | 8M | 9M |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | - | - | 29.48B | - | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | - | 30.17B | 144M | 29.14B | 28.32B | 27.4B | 27.1B | 26.22B | 25.15B | 23.27B |
| totalNonCurrentAssets | - | 30.17B | 29.63B | 29.14B | 28.32B | 27.4B | 27.1B | 26.23B | 25.16B | 23.28B |
| otherAssets | 29.82B | - | - | - | - | - | - | - | - | - |
| totalAssets | 30.5B | 30.68B | 31.24B | 30.81B | 29.07B | 28.32B | 28.25B | 27.1B | 26.09B | 24.26B |
| totalPayables | - | 580M | 86M | 130M | 199M | 140M | 406M | 164M | 163M | 121M |
| accountPayables | - | 225M | 86M | 130M | 199M | 140M | 406M | 164M | 163M | 121M |
| otherPayables | - | 355M | - | - | - | - | - | - | - | - |
| accruedExpenses | - | - | - | - | - | - | - | - | - | - |
| shortTermDebt | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - | - | - | - | - |
| otherCurrentLiabilities | - | - | 808M | - | - | - | - | - | - | - |
| totalCurrentLiabilities | - | 580M | 894M | 130M | 199M | 140M | 406M | 164M | 163M | 121M |
| longTermDebt | - | 15.85B | 15.99B | 15.6B | 14.11B | 13.92B | 13.76B | 13.55B | 13.01B | 11.74B |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | 71M | - | 28M | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | - | 186M | 4M | 749M | 729M | 583M | 734M | 616M | 558M | 519M |
| totalNonCurrentLiabilities | 71M | 16.03B | 16.02B | 16.35B | 14.84B | 14.5B | 14.49B | 14.16B | 13.56B | 12.26B |
| otherLiabilities | 16.54B | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - | - | - | - | - | - |
| totalLiabilities | 16.61B | 16.61B | 16.92B | 16.48B | 15.04B | 14.64B | 14.9B | 14.33B | 13.73B | 12.38B |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M |
| retainedEarnings | - | 705M | 958M | 851M | 789M | 765M | 852M | 728M | 642M | 620M |
| additionalPaidInCapital | - | 13.36B | 13.36B | 13.47B | 13.24B | 12.91B | 12.5B | 12.04B | 11.72B | 11.25B |
| date | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | -92M | 92M | 293M | 404M | 361M | 241M | 357M | 394M | 322M | 449M |
| depreciationAndAmortization | 20M | - | - | - | - | - | - | - | - | - |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - | - | - | - | - | - |
| changeInWorkingCapital | 239M | -239M | -38M | -16M | 101M | -129M | 112M | 36M | 18M | -5M |
| accountsReceivables | -57M | 57M | -48M | 35M | -55M | 66M | 103M | 24M | -48M | 10M |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | 217M | -255M | -35M | 2M | 142M | -177M | -58M | 52M | 25M | 7M |
| otherWorkingCapital | 41M | -41M | 45M | -53M | 14M | -18M | 67M | -40M | 41M | -22M |
| otherNonCashItems | 239M | 261M | -7M | -23M | -115M | 70M | -59M | -93M | -26M | -223M |
| netCashProvidedByOperatingActivities | 406M | 114M | 248M | 365M | 347M | 182M | 410M | 337M | 314M | 221M |
| investmentsInPropertyPlantAndEquipment | - | - | - | - | - | - | - | - | - | - |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | -3.02B | -3.28B | -4.81B | -3.51B | -2.74B | -3.02B | -3.15B | -3.25B | -3.27B | -2.95B |
| salesMaturitiesOfInvestments | 3.02B | 3.35B | 4.14B | 2.37B | 2.18B | 2.53B | 2.48B | 2.39B | 1.64B | 2.7B |
| otherInvestingActivities | - | - | - | - | - | - | - | - | - | - |
| netCashProvidedByInvestingActivities | 3M | 70M | -675M | -1.14B | -565M | -481M | -678M | -858M | -1.63B | -242M |
| netDebtIssuance | - | -97M | 394M | 1.49B | 158M | 116M | 300M | 454M | 1.27B | 234M |
| longTermNetDebtIssuance | - | -97M | 394M | 1.49B | 158M | 116M | 300M | 454M | 1.27B | 234M |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| netStockIssuance | - | - | 22M | 204M | 318M | 384M | 528M | 302M | 449M | 85M |
| netCommonStockIssuance | - | - | 22M | 204M | 318M | 384M | 528M | 302M | 449M | 85M |
| commonStockIssuance | - | - | 22M | 204M | 318M | 384M | 528M | 302M | 449M | 85M |
| commonStockRepurchased | - | - | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | -218M | -345M | -319M | -320M | -317M | -308M | -303M | -287M | -279M | -270M |
| commonDividendsPaid | - | -345M | -319M | -320M | -317M | -308M | -303M | -287M | -279M | -270M |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | -149M | -11M | - | -15M | -19M | -11M | -21M | -5M | -18M | -15M |
| netCashProvidedByFinancingActivities | -367M | -453M | 97M | 1.36B | 140M | 181M | 504M | 464M | 1.42B | 34M |