Adjusted EPS Financial Overview
Non-GAAP measures free cash flow (cont.)
-
The following table sets forth a reconciliation of free cash flow, a non-GAAP financial measure, to net cash provided by operating activities, which we believe to be the GAAP
financial measure most directly comparable to free cash flow.
(Dollars in millions)
Net cash provided by (used in) operating activities
Payments for property and equipment (capital expenditures)
Free cash flow
(Dollars in millions)
Net cash provided by (used in) operating activities
Payments for property and equipment (capital expenditures)
Free cash flow
Y/Y Change in Free Cash Flow
NM = not meaningful
Year to Date Period Ended
Q1 FY23
Q2 FY23
Q3 FY23
Q4 FY23
Q1 FY24
(3,758) $
$
(3,539)
(7,297) $
9,240 $
(7,492)
1,748 $
15,698 $
(12,061)
3,637 $
28,841 $
(16,857)
11,984 $
4,633
(4,429)
204
Year to Date Period Ended
Q1 FY22
Q2 FY22
Q3 FY22
Q4 FY22
Q1 FY23
2,858 $
12,423 $
(2,214)
(5,019)
16,291 $
(8,588)
24,181 $
(3,758)
(13,106)
(3,539)
644 $
7,404 $
7,703 $
11,075 $
(7,297)
NM
-76.4%
-52.8%
+8.2%
NMView entire presentation