For the quarter ending 2025-09-27, TMO had -$2,592M decrease in cash & cash equivalents over the period. $1,835M in free cash flow.
| Cash Flow | 2025-09-27 | 2025-06-28 | 2025-03-29 | 2024-12-31 |
|---|---|---|---|---|
| Net income | 1,621 | 1,619 | 1,511 | 1,824 |
| Depreciation of property, plant and equipment | 226 | 256 | 276 | 304 |
| Amortization of acquisition-related intangible assets | 435 | 430 | 429 | 438 |
| Change in deferred income taxes | -127 | -601 | 279 | 202 |
| Stock-based compensation | 70 | 81 | 75 | 79 |
| Other net non-cash expenses | -117 | -63 | -135 | -254 |
| Accounts receivable | - | - | - | 171 |
| Inventories | - | - | - | 27 |
| Contract assets/liabilities | - | - | - | 162 |
| Accounts payable | - | - | - | 212 |
| Contributions to retirement plans | - | - | - | 45 |
| Other | - | - | - | 186 |
| Changes in assets and liabilities, excluding the effects of acquisitions | 104 | 726 | 452 | - |
| Net cash provided by operating activities | 2,239 | 1,399 | 723 | 3,290 |
| Purchases of property, plant and equipment | 404 | 294 | 362 | 480 |
| Proceeds from sale of property, plant and equipment | 4 | 1 | 12 | 17 |
| Proceeds from cross-currency interest rate swap interest settlements | 84 | 47 | 87 | 49 |
| Acquisitions, net of cash acquired | 4,037 | - | - | 0 |
| Purchases of investments | 40 | 47 | 264 | 1,331 |
| Proceeds from sales and maturities of investments | 254 | - | - | 1,770 |
| Other investing activities, net | -14 | -5 | -1 | 6 |
| Net cash used in investing activities | -4,123 | -288 | -527 | 20 |
| Net proceeds from issuance of debt | 0 | 0 | 2,840 | 0 |
| Repayment of debt | 0 | 787 | 838 | 2,500 |
| Proceeds from issuance of commercial paper | 1,095 | - | - | 0 |
| Repayments of commercial paper | 597 | - | - | 0 |
| Purchases of company common stock | 963 | 0 | 2,000 | 1,000 |
| Dividends paid | 163 | 162 | 149 | 149 |
| Other financing activities, net | -4 | -42 | 45 | -17 |
| Net cash used in financing activities | -632 | -991 | -102 | -3,666 |
| Exchange rate effect on cash | -75 | 311 | 37 | -273 |
| Decrease in cash, cash equivalents and restricted cash | -2,592 | 431 | 132 | -630 |
| Cash and cash equivalents at beginning of period | 4,603 | 4,172 | 4,040 | 4,670 |
| Cash and cash equivalents at end of period | 2,011 | 4,603 | 4,172 | 4,040 |
THERMO FISHER SCIENTIFIC INC. (TMO)
THERMO FISHER SCIENTIFIC INC. (TMO)