Is Cincinnati Financial Corporation (CINF) a Buy, Sell, or Hold?
NASDAQ : CINF
Cincinnati Financial Corporation — Financials
$177.68 USD
$2.95 (1.69%)
- Volume
- 775.26K
- Average Volume
- 860.44K
- Market Capitalization
- $27.27B
- P/E Ratio
- 8.35
- Dividend Yield
- 2.04%
- Price Target
- $197.00
- Year High
- $194.81
- Year Low
- $146.52
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.16
- Current Ratio
- $1.90
CINF 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 | 12.63B | 11.34B | 10.01B | 6.56B | 9.63B | 7.54B | 7.92B | 5.41B | 5.73B | 5.45B |
| costOfRevenue | 6.64B | 5.74B | 5.27B | 5.02B | 3.91B | 4.13B | 3.64B | 3.49B | 3.39B | 3.11B |
| grossProfit | 5.99B | 5.6B | 4.74B | 1.54B | 5.72B | 3.4B | 4.29B | 1.92B | 2.34B | 2.34B |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | - | - | - | - | - | - | - | - | - | - |
| otherExpenses | 3.01B | 2.74B | 2.46B | 2.24B | 2.02B | 1.9B | 1.81B | 1.67B | 1.61B | 1.53B |
| operatingExpenses | 3.01B | 2.74B | 2.46B | 2.24B | 2.02B | 1.9B | 1.81B | 1.67B | 1.61B | 1.53B |
| costAndExpenses | 9.65B | 8.48B | 7.74B | 7.26B | 5.93B | 6.04B | 5.45B | 5.16B | 5B | 4.64B |
| netInterestIncome | 1.1B | 963M | 828M | 732M | 670M | 621M | 594M | 573M | 562M | -53M |
| interestIncome | 1.16B | 1.02B | 882M | 785M | 723M | 675M | 647M | 626M | 615M | - |
| interestExpense | 53M | 53M | 54M | 53M | 53M | 54M | 53M | 53M | 53M | 53M |
| depreciationAndAmortization | 168M | 130M | 112M | 127M | 118M | 109M | 72M | 63M | 55M | 48M |
| ebitda | 3.2B | 3.04B | 2.44B | -514M | 3.87B | 1.66B | 2.6B | 367M | 838M | 913M |
| ebit | 3.03B | 2.91B | 2.33B | -641M | 3.75B | 1.55B | 2.52B | 304M | 783M | 865M |
| nonOperatingIncomeExcludingInterest | -53M | -53M | -54M | -53M | -53M | -54M | -53M | -53M | -53M | -53M |
| operatingIncome | 2.98B | 2.86B | 2.28B | -694M | 3.7B | 1.5B | 2.47B | 251M | 730M | 812M |
| totalOtherIncomeExpensesNet | - | - | - | - | - | - | - | - | - | - |
| incomeBeforeTax | 2.98B | 2.86B | 2.28B | -694M | 3.7B | 1.5B | 2.47B | 251M | 730M | 812M |
| incomeTaxExpense | 587M | 566M | 433M | -207M | 730M | 283M | 475M | -36M | -315M | 221M |
| netIncomeFromContinuingOperations | 2.39B | 2.29B | 1.84B | -487M | 2.97B | 1.22B | 2B | 287M | 1.04B | 591M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | 2.39B | 2.29B | 1.84B | -487M | 2.97B | 1.22B | 2B | 287M | 1.04B | 591M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | 2.39B | 2.29B | 1.84B | -487M | 2.97B | 1.22B | 2B | 287M | 1.04B | 591M |
| eps | 15.17 | 14.65 | 11.74 | -3.06 | 18.3 | 7.54 | 12.24 | 1.76 | 6.36 | 3.59 |
| 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 | 1.43B | 983M | 907M | 1.26B | 1.14B | 900M | 767M | 784M | 657M | 777M |
| shortTermInvestments | 18.27B | 16.48B | 13.79B | 12.13B | 13.02B | 12.34B | 11.7B | - | - | - |
| cashAndShortTermInvestments | 19.7B | 17.46B | 14.7B | 13.4B | 14.16B | 13.24B | 12.46B | 784M | 657M | 777M |
| netReceivables | 4.18B | 3.83B | 3.54B | 3.24B | 2.86B | 2.63B | 2.6B | 2.33B | 2.22B | 2.26B |
| accountsReceivables | 3.8B | 3.49B | 3.24B | 2.99B | 2.62B | 2.4B | 2.39B | 2.13B | 2.02B | 2.08B |
| otherReceivables | 381M | 342M | 300M | 252M | 242M | 231M | 210M | 203M | 195M | 185M |
| inventory | - | - | - | - | - | - | - | - | - | - |
| prepaids | 71M | 70M | 55M | 51M | 78M | 65M | 54M | 44M | 42M | 62M |
| otherCurrentAssets | - | - | - | - | - | -15.93B | -15.12B | -13.85B | -13.61B | -13.19B |
| totalCurrentAssets | 23.95B | 21.37B | 18.3B | 16.69B | 17.1B | - | - | - | - | - |
| propertyPlantEquipmentNet | 219M | 214M | 208M | 202M | 205M | 213M | 207M | 195M | 185M | 183M |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | 1.34B | 1.24B | 1.09B | 1.01B | 905M | - | - | - | - | - |
| goodwillAndIntangibleAssets | 1.34B | 1.24B | 1.09B | 1.01B | 905M | - | - | - | - | - |
| longTermInvestments | 13.51B | 11.9B | 11.57B | 10.29B | 11.64B | 21.19B | 19.45B | 16.61B | 16.95B | 15.42B |
| taxAssets | - | - | - | - | - | - | - | - | 745M | 865M |
| otherNonCurrentAssets | 1.98B | 1.78B | 1.61B | 1.54B | 1.53B | -21.41B | -19.66B | -16.8B | -17.13B | -15.6B |
| totalNonCurrentAssets | 17.05B | 15.13B | 14.47B | 13.05B | 14.28B | - | - | - | - | - |
| otherAssets | - | - | - | - | - | 27.54B | 25.41B | 21.94B | 21.84B | 20.39B |
| totalAssets | 41B | 36.5B | 32.77B | 29.73B | 31.39B | 27.54B | 25.41B | 21.94B | 21.84B | 20.39B |
| totalPayables | - | - | - | - | - | - | - | - | - | - |
| accountPayables | - | - | - | - | - | - | - | - | - | - |
| otherPayables | - | - | - | - | - | - | - | - | - | - |
| accruedExpenses | - | - | - | - | - | - | - | - | - | - |
| shortTermDebt | 25M | 25M | 25M | 50M | 54M | 54M | 39M | 32M | 24M | 20M |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | 5.25B | 4.81B | 4.12B | 3.69B | 3.27B | - | - | - | - | - |
| otherCurrentLiabilities | 13.34B | 11.48B | 10.37B | 9.45B | 9.05B | -54M | -39M | -32M | -24M | -20M |
| totalCurrentLiabilities | 18.62B | 16.32B | 14.52B | 13.19B | 12.37B | - | - | - | - | - |
| longTermDebt | 790M | 790M | 790M | 789M | 789M | 788M | 788M | 788M | 787M | 787M |
| capitalLeaseObligationsNonCurrent | 71M | 60M | 59M | 52M | 54M | 57M | 57M | 46M | 40M | 39M |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | 1.83B | 1.48B | 1.32B | 1.05B | 1.74B | 1.3B | 1.08B | - | - | - |
| otherNonCurrentLiabilities | 3.78B | 3.92B | 3.98B | 4.08B | 3.32B | -2.14B | -1.92B | -1.46B | -1.57B | -1.69B |
| totalNonCurrentLiabilities | 6.47B | 6.25B | 6.15B | 5.98B | 5.91B | - | - | - | - | - |
| otherLiabilities | - | - | - | - | - | 16.75B | 15.54B | 14.1B | 13.6B | 13.33B |
| capitalLeaseObligations | 71M | 60M | 59M | 52M | 54M | 57M | 57M | 46M | 40M | 39M |
| totalLiabilities | 25.09B | 22.57B | 20.67B | 19.17B | 18.28B | 16.75B | 15.54B | 14.1B | 13.6B | 13.33B |
| treasuryStock | -2.73B | -2.52B | -2.38B | -2.32B | -1.92B | -1.79B | -1.54B | -1.49B | -1.39B | -1.32B |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 397M | 397M | 397M | 397M | 397M | 397M | 397M | 397M | 397M | 397M |
| retainedEarnings | 16.72B | 14.87B | 13.08B | 11.71B | 12.62B | 10.08B | 9.26B | 7.62B | 5.18B | 5.04B |
| additionalPaidInCapital | 1.56B | 1.5B | 1.44B | 1.39B | 1.36B | 1.33B | 1.31B | 1.28B | 1.26B | 1.25B |
| 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 | 2.39B | 2.29B | 1.84B | -487M | 2.95B | 1.22B | 2B | 287M | 1.04B | 591M |
| depreciationAndAmortization | 168M | 130M | 112M | 127M | 93M | 81M | 72M | 63M | 55M | 48M |
| deferredIncomeTax | 283M | 117M | 223M | -355M | 477M | 136M | 343M | -47M | -444M | 38M |
| stockBasedCompensation | - | - | - | 36M | 33M | 31M | 30M | 28M | 26M | 23M |
| changeInWorkingCapital | 1.63B | 1.43B | 937M | 1.23B | 740M | 838M | 362M | 395M | 470M | 479M |
| accountsReceivables | -306M | -266M | -264M | -340M | - | - | - | - | 77M | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | - | - | - | - | - | - | - | - | - | - |
| otherWorkingCapital | 1.94B | 1.7B | 1.2B | 1.57B | 740M | 838M | 362M | 395M | 393M | 479M |
| otherNonCashItems | -1.36B | -1.32B | -1.06B | 1.5B | -2.31B | -811M | -1.6B | 455M | -100M | -76M |
| netCashProvidedByOperatingActivities | 3.11B | 2.65B | 2.05B | 2.05B | 1.98B | 1.49B | 1.21B | 1.18B | 1.05B | 1.1B |
| investmentsInPropertyPlantAndEquipment | -20M | -22M | -18M | -15M | -15M | -20M | -24M | -20M | -16M | -13M |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | -5.91B | -6.46B | -2.92B | -2.47B | -2.7B | -2.13B | -2.2B | -1.99B | -2.25B | -2.45B |
| salesMaturitiesOfInvestments | 4.27B | 4.8B | 1.34B | 1.54B | 1.66B | 1.61B | 1.55B | 1.57B | 1.72B | 1.99B |
| otherInvestingActivities | -30M | -15M | -15M | 7M | -2M | -15M | -5M | -8M | -9M | 13M |
| netCashProvidedByInvestingActivities | -1.69B | -1.7B | -1.61B | -933M | -1.06B | -560M | -679M | -451M | -558M | -456M |
| netDebtIssuance | - | - | -25M | -4M | - | 15M | 7M | 8M | 4M | -15M |
| longTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | -15M |
| shortTermNetDebtIssuance | - | - | -25M | -4M | - | 15M | 7M | 8M | 4M | - |
| netStockIssuance | -195M | -126M | -67M | -410M | -144M | -261M | -67M | -125M | -92M | -18M |
| netCommonStockIssuance | -195M | -126M | -67M | -410M | -144M | -261M | -67M | -125M | -92M | -39M |
| commonStockIssuance | 10M | - | - | - | - | - | - | - | - | - |
| commonStockRepurchased | -205M | -126M | -67M | -410M | -144M | -261M | -67M | -125M | -92M | -39M |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | 21M |
| netDividendsPaid | -525M | -490M | -454M | -423M | -395M | -375M | -355M | -336M | -400M | -306M |
| commonDividendsPaid | -525M | -490M | -454M | -423M | -395M | -375M | -355M | -336M | -400M | -306M |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | -253M | -261M | -255M | -157M | -146M | -177M | -131M | -150M | -126M | -75M |
| netCashProvidedByFinancingActivities | -973M | -877M | -801M | -994M | -685M | -798M | -546M | -603M | -614M | -414M |
| 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 | 4.27B | 2.86B | 3.09B | 3.73B | 3.25B | 2.57B | 2.54B | 3.32B | 2.54B | 2.94B |
| costOfRevenue | 1.89B | 1.75B | 1.47B | 1.54B | 1.66B | 1.97B | 1.33B | 1.58B | 1.48B | 1.35B |
| grossProfit | 2.38B | 1.11B | 1.62B | 2.19B | 1.59B | 598M | 1.21B | 1.74B | 1.06B | 1.59B |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 786M | - | - | - | - | - | - | - | - | - |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 786M | - | - | - | - | - | - | - | - | - |
| otherExpenses | 11M | 786M | 779M | 773M | 733M | 726M | 729M | 702M | 678M | 633M |
| operatingExpenses | 797M | 786M | 779M | 773M | 733M | 726M | 729M | 702M | 678M | 633M |
| costAndExpenses | 2.68B | 2.54B | 2.25B | 2.31B | 2.39B | 2.69B | 2.06B | 2.28B | 2.16B | 1.98B |
| netInterestIncome | -14M | 298M | 285M | 283M | 270M | 264M | 265M | 242M | 228M | 228M |
| interestIncome | - | 311M | 298M | 296M | 284M | 277M | 278M | 255M | 242M | 241M |
| interestExpense | 14M | 13M | 13M | 13M | 14M | 13M | 13M | 13M | 14M | 13M |
| depreciationAndAmortization | - | 40M | 42M | 33M | 46M | 47M | 15M | 39M | 42M | 34M |
| ebitda | 1.58B | 379M | 895M | 1.46B | 915M | -68M | 507M | 1.09B | 442M | 1B |
| ebit | 1.58B | 339M | 853M | 1.43B | 869M | -115M | 492M | 1.05B | 400M | 966M |
| nonOperatingIncomeExcludingInterest | - | -13M | -13M | -13M | -14M | -13M | -13M | -13M | -14M | -13M |
| operatingIncome | 1.58B | 326M | 840M | 1.41B | 855M | -128M | 479M | 1.04B | 386M | 953M |
| totalOtherIncomeExpensesNet | -7M | - | - | - | - | - | - | - | - | - |
| incomeBeforeTax | 1.58B | 326M | 840M | 1.41B | 855M | -128M | 479M | 1.04B | 386M | 953M |
| incomeTaxExpense | 321M | 52M | 164M | 291M | 170M | -38M | 74M | 220M | 74M | 198M |
| netIncomeFromContinuingOperations | 1.26B | 274M | 676M | 1.12B | 685M | -90M | 405M | 820M | 312M | 755M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | 1.26B | 274M | 676M | 1.12B | 685M | -90M | 405M | 820M | 312M | 755M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | 1.26B | 274M | 676M | 1.12B | 685M | -90M | 405M | 820M | 312M | 755M |
| eps | 8.14 | 1.77 | 4.19 | 7.18 | 4.38 | -0.58 | 2.59 | 5.25 | 2 | 4.82 |
| 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 | 1.75B | 1.21B | 1.43B | 1.46B | 995M | 1.01B | 983M | 1.75B | 771M | 619M |
| shortTermInvestments | 32.28B | 49M | 18.27B | 1B | 1.18B | 1.22B | 16.48B | 1.19B | 1.17B | 963M |
| cashAndShortTermInvestments | 34.03B | 1.26B | 19.7B | 2.46B | 2.18B | 2.23B | 17.46B | 2.95B | 1.94B | 1.58B |
| netReceivables | 4.43B | 3.46B | 4.18B | 4.37B | 4.51B | 4.32B | 3.83B | 3.88B | 3.95B | 3.73B |
| accountsReceivables | 3.8B | 3.32B | 3.8B | 3.99B | 4.17B | 3.97B | 3.49B | 3.56B | 3.64B | 3.42B |
| otherReceivables | 633M | 142M | 381M | 380M | 344M | 346M | 342M | 315M | 312M | 308M |
| inventory | - | 10M | - | - | - | - | - | - | - | - |
| prepaids | 1.57B | 95M | 71M | 100M | 130M | 93M | 70M | 94M | 121M | 77M |
| otherCurrentAssets | - | 627M | - | - | - | - | - | - | -6.01B | -5.39B |
| totalCurrentAssets | 40.03B | 5.45B | 23.95B | 6.93B | 6.82B | 6.64B | 21.37B | 6.92B | - | - |
| propertyPlantEquipmentNet | 211M | 214M | 219M | 213M | 214M | 216M | 214M | 215M | 213M | 211M |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | 1.38B | 1.34B | 1.36B | 1.37B | 1.3B | 1.24B | 1.24B | - | - |
| goodwillAndIntangibleAssets | - | 1.38B | 1.34B | 1.36B | 1.37B | 1.3B | 1.24B | 1.24B | - | - |
| longTermInvestments | 863M | 31.95B | 13.51B | 30.1B | 28.39B | 27.26B | 11.9B | 26.91B | 26.04B | 25.64B |
| taxAssets | - | 337M | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | 1.98B | 1.87B | 1.98B | 1.97B | 2.05B | 1.86B | 1.78B | 1.73B | -26.26B | -25.85B |
| totalNonCurrentAssets | 3.05B | 35.76B | 17.05B | 33.64B | 32.02B | 30.63B | 15.13B | 30.09B | - | - |
| otherAssets | - | - | - | - | - | - | - | - | 34.8B | 33.73B |
| totalAssets | 43.08B | 41.21B | 41B | 40.57B | 38.84B | 37.28B | 36.5B | 37.01B | 34.8B | 33.73B |
| totalPayables | - | - | - | - | - | - | - | - | - | - |
| accountPayables | - | - | - | - | - | - | - | - | - | - |
| otherPayables | - | - | - | - | - | - | - | - | - | - |
| accruedExpenses | - | - | - | - | - | - | - | - | - | - |
| shortTermDebt | 17M | 25M | 25M | 25M | 25M | 25M | 25M | 25M | 25M | 25M |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | 5.6B | 5.42B | 5.25B | 5.42B | 5.44B | 5.07B | 4.81B | 4.87B | - | - |
| otherCurrentLiabilities | 15.46B | 13.12B | 13.34B | 13.05B | 12.66B | 12.27B | 11.48B | 11.53B | -25M | -25M |
| totalCurrentLiabilities | 21.08B | 18.57B | 18.62B | 18.5B | 18.12B | 17.36B | 16.32B | 16.43B | - | - |
| longTermDebt | 859M | 859M | 790M | 790M | 790M | 790M | 790M | 849M | 849M | 848M |
| capitalLeaseObligationsNonCurrent | - | - | 71M | 68M | 69M | 63M | 60M | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | 1.86B | 1.71B | 1.83B | 1.79B | 1.58B | 1.49B | 1.48B | 1.6B | 1.46B | 1.46B |
| otherNonCurrentLiabilities | 2.65B | 4.36B | 3.78B | 4.01B | 3.97B | 3.85B | 3.92B | 4.33B | -2.31B | -2.31B |
| totalNonCurrentLiabilities | 5.37B | 6.92B | 6.47B | 6.66B | 6.42B | 6.2B | 6.25B | 6.78B | - | - |
| otherLiabilities | - | - | - | - | - | - | - | - | 22.02B | 21.07B |
| capitalLeaseObligations | - | - | 71M | 68M | 69M | 63M | 60M | - | - | - |
| totalLiabilities | 26.45B | 25.5B | 25.09B | 25.16B | 24.54B | 23.56B | 22.57B | 23.2B | 22.02B | 21.07B |
| treasuryStock | -3.13B | -2.91B | -2.73B | -2.63B | -2.57B | -2.56B | -2.52B | -2.52B | -2.51B | -2.46B |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 397M | 397M | 397M | 397M | 397M | 397M | 397M | 397M | 397M | 397M |
| retainedEarnings | 17.96B | 16.85B | 16.72B | 16.18B | 15.19B | 14.64B | 14.87B | 14.59B | 13.9B | 13.71B |
| additionalPaidInCapital | 1.58B | 1.56B | 1.56B | 1.54B | 1.53B | 1.51B | 1.5B | 1.48B | 1.47B | 1.45B |
| 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 | 1.26B | 274M | 676M | 1.12B | 685M | -90M | 405M | 820M | 312M | 755M |
| depreciationAndAmortization | 42M | 40M | 42M | 33M | 46M | 47M | 15M | 39M | 42M | 34M |
| deferredIncomeTax | 139M | -82M | 27M | 163M | 89M | 4M | -82M | 49M | 13M | 137M |
| stockBasedCompensation | 21M | 27M | -5M | 3M | 26M | - | 51M | - | - | - |
| changeInWorkingCapital | -278M | 278M | 264M | -294M | -264M | 264M | 162M | 747M | 500M | 24M |
| accountsReceivables | 175M | -175M | -502M | -524M | 502M | -502M | 90M | 108M | -261M | -203M |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | - | - | - | - | - | - | - | - | - | - |
| otherWorkingCapital | -453M | 453M | 766M | 230M | -766M | 766M | 72M | 639M | 761M | 227M |
| otherNonCashItems | -479M | 119M | -57M | 87M | 159M | 85M | 91M | -743M | -125M | -597M |
| netCashProvidedByOperatingActivities | 700M | 656M | 947M | 1.11B | 741M | 310M | 642M | 912M | 742M | 353M |
| investmentsInPropertyPlantAndEquipment | 2M | -2M | -7M | 7M | -4M | -3M | -4M | -6M | -5M | -7M |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | 1.57B | -2.03B | -2.93B | 1.87B | -1.42B | -766M | -2.31B | -2.22B | -843M | -1.08B |
| salesMaturitiesOfInvestments | -1.46B | 1.46B | 1.58B | -1.58B | 869M | 714M | 1.12B | 2.49B | 469M | 730M |
| otherInvestingActivities | 134M | 79M | 676M | -695M | - | -3M | -5M | -6M | -6M | 2M |
| netCashProvidedByInvestingActivities | 243M | -493M | -674M | -403M | -556M | -58M | -1.21B | 251M | -385M | -355M |
| netDebtIssuance | -8M | - | - | - | - | - | - | - | - | - |
| longTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | -8M | - | - | - | - | - | - | - | - | - |
| netStockIssuance | -211M | -327M | -101M | 36M | 2M | -38M | -5M | 3M | -46M | -75M |
| netCommonStockIssuance | -211M | -174M | -101M | 36M | 2M | -38M | -5M | 3M | -46M | -75M |
| commonStockIssuance | 5M | 5M | 2M | -6M | 2M | 4M | - | 3M | - | - |
| commonStockRepurchased | -216M | -179M | -103M | 42M | - | -42M | -5M | - | -46M | -75M |
| netPreferredStockIssuance | - | -153M | - | - | - | - | - | - | - | - |
| netDividendsPaid | -143M | -133M | -133M | -134M | -133M | -125M | -125M | -124M | -125M | -116M |
| commonDividendsPaid | -143M | -133M | -133M | -134M | -133M | -125M | -125M | -124M | -125M | -116M |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | -41M | 76M | -68M | -148M | -69M | -62M | -74M | -61M | -34M | -95M |
| netCashProvidedByFinancingActivities | -403M | -384M | -302M | -246M | -200M | -225M | -204M | -182M | -205M | -286M |