For the quarter ending 2026-03-31, EMR had $43M increase in cash & cash equivalents over the period. $694M in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net earnings | 618 | 606 | 637 | 587 |
| Income taxes-Climate Technologies Excluding Therm ODisc | - | - | -1 | - |
| Income taxes-Therm ODisc Or In Sink Erator | - | - | -1 | - |
| Income taxes | - | - | -4 | - |
| Earnings from discontinued operations, net of tax | - | - | 1 | 7 |
| Depreciation and amortization | 369 | 359 | 379 | 372 |
| Stock compensation | 58 | 55 | 65 | 71 |
| Amortization of acquisition-related inventory step-up | - | - | 0 | 0 |
| Pension expense (income) | - | - | -12 | - |
| Pension funding | - | - | 46 | - |
| Gain on subordinated interest | - | - | 0 | 0 |
| Loss on copeland note receivable | - | - | 0 | 0 |
| Total changes in operating working capital | 256 | 357 | -71 | -123 |
| Other, net | -10 | 36 | -81 | -85 |
| Cash from continuing operations | 1,478 | - | 1,012 | 1,061 |
| Cash from discontinued operations | 0 | - | -2 | 9 |
| Cash provided by operating activities | 779 | 699 | 1,010 | 1,070 |
| Capital expenditures | 85 | 97 | 168 | 93 |
| Purchases of businesses, net of cash and equivalents acquired | 0 | 0 | 1 | 0 |
| Proceeds from subordinated interest | - | - | 0 | 0 |
| Proceeds from related party note receivable | - | - | 0 | - |
| Other, net | -4 | 28 | 31 | 36 |
| Cash from continuing operations | - | - | -200 | -129 |
| Cash from discontinued operations | - | - | 0 | 0 |
| Cash used in investing activities | -81 | -125 | -200 | -129 |
| Net increase in short-term borrowings | 2,512 | -485 | -309 | -1,209 |
| Proceeds from short-term borrowings greater than three months | 974 | 3,473 | 2,716 | 2,796 |
| Payments on short-term borrowings greater than three months | 3,512 | 2,099 | 3,569 | 1,349 |
| Proceeds from long-term debt | 0 | - | 0 | 0 |
| Payments of long-term debt | 0 | 587 | 0 | 501 |
| Dividends paid | 312 | 312 | 297 | 297 |
| Purchases of common stock | 292 | 250 | 20 | 25 |
| Aspentech purchases of common stock | - | - | 0 | 0 |
| Payment of related party note payable | - | - | 0 | - |
| Purchase of noncontrolling interest | 0 | - | 0 | 73 |
| Settlement of aspentech share awards | - | - | - | 76 |
| Repurchase of aspentech share awards | - | - | 76 | - |
| Settlement of aspentech share awards | 0 | - | - | - |
| Other, net | -19 | -104 | -12 | 23 |
| Cash used in financing activities | -649 | -364 | -1,491 | -637 |
| Effect of exchange rate changes on cash and equivalents | -6 | -6 | 6 | 28 |
| Increase (decrease) in cash and equivalents | 43 | 204 | -675 | 332 |
| Beginning cash and equivalents | -204 | 1,544 | 1,369 | 1,701 |
| Ending cash and equivalents | 43 | 1,748 | -675 | 332 |
EMERSON ELECTRIC CO (EMR)
EMERSON ELECTRIC CO (EMR)