Operating

Becton, Dickinson and Company·Cash Flow Statement·14 metrics

Breakdown

Metric	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26
Net cash from operating activities	$1.3B	$1.2B	$693M	$0	$1.6B	$1.4B	$657M	$671M
Depreciation and amortization	$568M	$586M	$607M	$567M	$702M	$629M	$614M	$563M
Asset write-downs	—	—	—	—	—	—	—	$450M
Net income	$487M	$400M	$303M	$308M	$574M	$493M	$382M	-$311M
Deferred income taxes	-$150M	—	-$151M	-$108M	$0	-$219M	$29M	-$73M
Stock-based compensation	$53M	$51M	$90M	$41M	$72M	$55M	$91M	$58M
Other working capital changes	$74M	$400M	$216M	$38M	-$117M	-$323M	-$43M	-$48M
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Increase (Decrease) in Operating Capital	—	—	$370M	$700M	—	—	$415M	$2M
Pension obligation	—	—	-$2M	-$1M	$26M	$0	-$2M	-$2M
Change in accounts payable	$156.3M	$156.3M	-$46.3M	-$46.3M	-$46.3M	-$46.3M	—	—
Change in inventories	-$24.5M	-$24.5M	$102.5M	$102.5M	$102.5M	$102.5M	—	—
Net cash provided by operating activities from discontinued operations	-$32M	—	$0	$368M	-$368M	$0	—	—
Increase (Decrease) in Accounts and Other Receivables	$113.3M	$113.3M	-$17.8M	-$17.8M	-$17.8M	-$17.8M	—	—
Increase (Decrease) in Prepaid Expense and Other Assets	-$5.8M	-$5.8M	$69M	$69M	$69M	$69M	—	—