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Amazon Results Presentation Deck

Free Cash Flow Less Equipment Finance Leases and Principal Repayments of All Other Finance Leases and Financing Obligations Reconciliation - TTM MM Operating Cash Flow Purchases of property and equipment, net of proceeds from sales and incentives Equipment acquired under finance leases (1) Principal repayments of all other finance leases (2) Principal repayments of financing obligations Free Cash Flow Less Equipment Finance Leases and Principal Repayments of all other Finance Leases and Financing Obligations Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 $39,324 $35,574 $39,665 $46,752 $54,330 (57,951) (59,061) (59,351) (58,321) (57,649) (2,764) (1,621) (868) (299) (285) (714) (751) (706) (670) (625) (174) (205) (233) (248) (226) ($22,279) ($26,064) ($21,493) ($12,786) ($4,455) (1) For the twelve months ended March 31, 2022 and 2023, this amount relates to equipment included in "Property and equipment acquired under finance leases, net of remeasurements and modifications" of $5,160 million and $517 million. (2) For the twelve months ended March 31, 2022 and 2023, this amount relates to property included in "Principal repayments of finance leases" of $10,534 million and $6,544 million. 19
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