Lumen Technologies, Inc. Cash Flow Charts

2 years of history · ending 2025-12-31 · SEC EDGAR

Source:10-K · 10-Q

Capital Allocation

How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).

Capital Allocation Waterfall

Buybacks vs Stock-Based Comp

Net Debt Issuance

Cash Flow

Cash Flow by Activity

Operating Cash Flow
$4.74B
Free Cash Flow
$371M
Investing Cash Flow
$-4.30B
Financing Cash Flow
$-1.32B
Capex
$4.37B
Acquisitions
Stock Buybacks
$0
Dividends Paid
$1M
Stock-Based Comp
$48M
Debt Issued
$8.16B
Debt Repaid
$8.82B
D&A
$2.75B
SBC Allocated Expense
$48M
SBC Unrecognized Cost
$83M