2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1995 1994 1993 1992 1991 Operating Cash Flow £7.95B£8.44B£8.02B£8.42B£6.92B£6.5B£2.57B£5.18B£7.22B£4.38B£6.25B£6.8B£7.84B£7.21B£6.17B£4.36B£5.96B£4.7B£4.85B£3.06B£4.61B£1.85B£510M£410M£615M£849M£1.25B£2.45B£1.05B£927M£657M£615M Net Income £4.38B£5.75B£4.64B£3.62B£1.53B£912M£8.42B£2.76B£5.44B£4.57B£5.26B£1.63B£5.53B£4.71B£5.22B£5.39B£4.69B£4.3B£4.48B£3.94B£3.1B£4.16B£1.81B£1.84B£1.85B£2B£1.46B£1.04B£1.3B£1.21B£1.03B£881M Depreciation & Amortization £2.52B£2.35B£2.33B£1.86B£1.92B£1.77B£1.63B£1.48B£1.41B£1.45B£1.42B£1.68B£1.56B£1.23B£1.02B£958.04M£903.7M£890.48M£859.04M£824M£812.8M£735M£428M£358M£373M£410M£533M£330.42M£282M£225M£191M£151M Deferred Income Tax £0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0 Stock-Based Compensation £0£381M£365M£360M£333M£319M£368M£332M£319M£220M£198M£179M£179M£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0 Change In Working Capital £1.26B£2.43B£294M£3.42B£1.69B£3.99B£1.49B£757M£267M£-2.42B£-1.77B£2.78B£-151M£477M£-846.64M£-743.16M£-75.55M£-510.41M£-407.68M£941M£829.32M£297M£-278M£-552M£-207M£-302M£-46M£-60.03M£50M£4M£-73M£-116M Other Non-Cash Items £-217M£-2.47B£382M£-841M£1.44B£-495M£-9.34B£-153M£-214M£565M£1.14B£528M£720M£785M£771.5M£-1.25B£441.1M£20.85M£-77.84M£-2.64B£-132.83M£-3.34B£-1.45B£-1.23B£-1.4B£-1.26B£-693M£1.14B£-578M£-509M£-494M£-301M Cash From Investing £-1.78B£2.16B£-5.35B£-1.55B£-1.44B£-1.27B£6.04B£-1.08B£524M£-2.63B£-112M£-1.87B£-4.01B£-1.15B£-3.01B£-1.52B£-1.66B£-1.1B£-938.56M£-1.09B£-2.44B£-484M£-896M£-830M£-657M£-104M£-4.79B£-4.74B£-1.36B£-858M£-372M£-851M Purchases Of Investments £0£-1M£-258M£-309M£4M£0£-2M£1M£-133M£-229M£-111M£-340M£-183M£-96M£-186M£-69.93M£-23M£-102.71M£-63M£-76M£-46.8M£-1.29B£-428M£-61M£-19M£-25M£-3M£0£-4M£-25M£-6M£0 Sales / Maturities of Investments £0£3.27B£1M£0£64M£683M£357M£205M£15M£224M£1.13B£118M£146M£947M£44.88M£32.16M£35M£57.87M£125M£123M£139.02M£495M£118M£54M£0£3M£37M£0£0£0£0£0 Property, Plant & Equipment Investments £-1.17B£-1.23B£-1.26B£-1.34B£-1.54B£-1.54B£-1.38B£-1.19B£-1.19B£-1.05B£-923M£-1.01B£-1.42B£-1.44B£-2.15B£-1.59B£-902.54M£-864.41M£-868M£-1.23B£-1.12B£-1.1B£-597M£-475M£-415M£-401M£-684M£-485.59M£-575M£-608M£-594M£-606M Net Acquisitions £185M£3.01B£-3.78B£-292M£356M£592M£7.53B£235M£1.95B£-2.54B£-264M£-354M£-2.79B£-454M£-1.03B£-267.97M£-1.03B£-296.65M£-11.76M£-20M£-849.96M£66M£-29M£-152M£-38M£341M£-6.84B£0£-2M£-3M£0£0 Other Investing Activites £-790M£-2.89B£-52M£392M£-322M£-1B£-466M£-331M£-121M£960M£54M£-278M£234M£-109M£302.48M£374.64M£256.5M£102.19M£-120.8M£111M£-565.73M£1.35B£40M£-196M£-185M£-22M£2.7B£-4.26B£-782M£-222M£228M£-245M Cash From Financing £-7.59B£-10.13B£-1.84B£-6.39B£-6.38B£-6.39B£-7.1B£-5.38B£-6.27B£-3.35B£-6.23B£-5.57B£-2.77B£-4.91B£-1.74B£-4.79B£-2.91B£-3.93B£-3.94B£-1.57B£-2.78B£-546M£350M£339M£-59M£-658M£3.66B£2.18B£39M£96M£-466M£473M Debt Repayment £-2B£-7.3B£-4.16B£-2.07B£-3.2B£-919M£-2.41B£-1.71B£-1.87B£-2.56B£-8M£-1.34B£-796M£-3.11B£-207M£-739M£-927M£-422M£0£-631M£0£-756M£-9M£-63M£-504M£-1.25B£-7.29B£0£-1.65B£-1.88B£-1.56B£-1.86B Dividend Payments £-4B£-3.98B£-3.95B£-3.93B£-3.91B£-4.85B£-3.87B£-3.84B£-3.68B£-3.81B£-3.41B£-3.21B£-3.09B£-3.01B£-2.8B£-2.6B£-2.48B£-2.47B£-2.33B£-2.33B£-2.33B£0£0£0£0£0£0£-844.08M£0£0£0£0 Payout Ratio 91.2%69.18%85.1%108.39%254.96%531.8%46%139.44%67.7%83.55%64.74%196.14%55.9%63.84%53.57%48.2%52.8%57.53%52.03%59.14%75.18%0%0%0%0%0%0%81.22%0%0%0%0% Net Common Stock Repurchased £-21M£-29M£-51M£-74M£9M£-15M£26M£166M£964M£2.12B£1.93B£-63M£1M£3.65B£3.22B£880.46M£679.38M£1.42B£938M£2.16B£1.59B£-185M£-104M£-284M£-188M£-215M£-106M£-44.08M£-51M£-69M£-24M£-20M Common Stock Repurchased £0£0£0£0£-65M£-74M£-99M£-333M£-1.55B£-2.53B£-2.23B£-16M£-57M£-3.73B£-3.75B£-1.35B£-999.01M£-1.49B£-978.88M£-2.22B£-1.74B£0£0£0£0£0£0£0£0£0£0£0 Common Stock Issued £-21M£-29M£-51M£-74M£9M£-15M£26M£166M£964M£2.12B£1.93B£-63M£1M£3.65B£3.22B£880.46M£679.38M£1.42B£938M£2.16B£1.59B£-185M£-104M£-284M£-188M£-215M£-106M£-44.08M£-51M£-69M£-24M£-20M Other Financing Activites £-1.62B£1.12B£6.22B£-469M£735M£-638M£-791M£333M£243M£5.14B£-886M£-1.09B£1.11B£4.86B£4.48B£-574.28M£1.17B£386.03M£-672M£3.56B£1.14B£25M£255M£118M£257M£382M£10.84B£2.98B£1.64B£1.9B£1.07B£2.31B Accounts Receivables £0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0 Accounts Payables £0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0 Inventory £0£119M£300M£51M£-461M£70M£-111M£-529M£-95M£37M£-157M£238M£-132M£-411M£-457.35M£-298.08M£47.07M£-32.85M£-76.16M£-2M£252.58M£-16M£-391M£-297M£-184M£-96M£8M£44.08M£5M£29M£-47M£-57M Other Working Capital £0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0£0 Capital Expenditure (CAPEX) £-2.93B£-2.24B£-2.16B£-1.8B£-2.2B£-2.35B£-1.9B£-1.75B£-1.7B£-1.52B£-1.33B£-1.64B£-1.87B£-2.07B£-2.15B£-1.59B£-902.54M£-864.41M£-868M£-1.23B£-1.12B£-1.1B£-597M£-475M£-415M£-401M£-684M£-485.59M£-575M£-608M£-594M£-606M Effect Of Foreign Exchange On Cash £-29M£-39M£-82M£8M£-100M£283M£-45M£84M£-148M£-92M£-108M£81M£-158M£1.1B£47.9M£-253.67M£233.05M£0£0£-146M£0£-23M£10M£-30M£-1M£177M£4M£-3.01M£18M£-32M£72M£-9M Net Change In Cash £-1.44B£431M£744M£487M£-1B£-881M£1.46B£-1.2B£1.32B£-1.7B£-202M£-561M£896M£2.25B£1.46B£-2.21B£1.62B£-335.76M£-26.88M£-893M£-613.21M£799M£-26M£-111M£-102M£264M£119M£2.18B£-253M£133M£-109M£228M Free Cash Flow (FCF) £5.02B£6.2B£5.86B£6.63B£4.72B£4.14B£668M£3.42B£5.52B£2.85B£4.92B£5.16B£5.97B£5.14B£4.02B£2.77B£5.05B£3.84B£3.98B£1.83B£3.49B£749M£-87M£-65M£200M£448M£568M£1.96B£478M£319M£63M£9M Free Cash Flow To Equity (FCFE) £3.03B£-1.1B£1.7B£4.56B£1.52B£3.23B£-1.74B£1.72B£3.65B£296M£4.91B£3.82B£5.17B£2.03B£3.81B£2.03B£4.13B£3.41B£3.98B£1.2B£3.49B£-7M£-96M£-128M£-304M£-807M£-6.72B£1.96B£-1.17B£-1.56B£-1.5B£-1.85B