MUSA: the cashflow

MyFinsight

For the year ending 2025-12-31, MUSA had -$18,100K decrease in cash & cash equivalents over the period. $374,300K in free cash flow.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-12-31
Net income	470,600
Depreciation and amortization	276,800
Impairment of properties	5,300
Deferred and noncurrent income tax charges (benefits)	45,100
Restructuring expense, net of cash paid	5,600
Accretion of asset retirement obligations	3,400
Amortization of discount on marketable securities	0
(gains) losses from sale of assets	-2,800
Net (increases) decrease in noncash operating working capital	33,100
Other operating activities - net	37,400
Net cash provided (required) by operating activities	813,900
Property additions	439,600
Proceeds from sale of assets	2,400
Investment in marketable securities	0
Redemptions of marketable securities	0
Other investing activities - net	-1,200
Net cash provided (required) by investing activities	-436,000
Purchase of treasury stock	649,900
Dividends paid	41,500
Borrowings of debt	2,982,300
Repayments of debt	2,654,400
Debt issuance costs	9,000
Amounts related to share-based compensation	23,500
Net cash provided (required) by financing activities	-396,000
Net increase (decrease) in cash, cash equivalents and restricted cash	-18,100
Cash and cash equivalents at beginning of period	47,000
Cash and cash equivalents at end of period	28,900

Unit: Thousand (K) dollars