First Horizon
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of First Horizon generated cash of $1,299,000,000, which is less than the previous year. Cash used in financing activities reached the amount of $1,494,000,000 last year. Net change in cash is therefore $188,000,000.
Cash Flow
| 2014 | 704.73M | -1.48B | 1.02B |
|---|---|---|---|
| 2015 | 367.16M | -520.01M | 112.50M |
| 2016 | 181.11M | -2.46B | 2.29B |
| 2017 | -17.35M | -1.33B | 1.76B |
| 2018 | 234.30M | 480.37M | -761.39M |
| 2019 | 830.29M | -2.38B | 1.42B |
| 2020 | 172M | -4.96B | 5.17B |
| 2021 | 741M | -4.61B | 4.01B |
| 2022 | 2.31B | 8.31B | -10.86B |
| 2023 | 1.29B | -2.60B | 1.49B |
FHN Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 1.54B | 1.78B | 1.64B | 1.26B | 1.40B | 1.45B | 1.03B | 1.03B | 1.07B | 827.90M |
Operating activities | ||||||||||
Net income | 897M | 912M | 1.01B | 857M | 452.37M | 556.50M | 176.98M | 238.51M | 97.31M | 231.05M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 102M | 99M | 50M | 62M | 65.23M | 59.12M | 70.92M | 64.67M | 60.74M | 56.89M |
Stock-based compensation expense | 36M | 75M | 43M | 32M | 22.73M | 23.17M | 20.62M | 17.53M | 13.79M | 11.35M |
| Deferred income tax benefit | 36M | 75M | 43M | 32M | 22.73M | 23.17M | 20.62M | 17.53M | 13.79M | 11.35M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 4.54M | -15.37M | -34.35M | 1.62M | 4.80M | 1.91M |
Inventories | 0 | 0 | 0 | 0 | 17.02M | 0 | 0 | -39.55M | -135.71M | 456.16M |
Accounts payable | 0 | 0 | 0 | 0 | 339K | 15.16M | 5.93M | -4.53M | -9.12M | 169K |
Cash generated by operating activities | 1.29B | 2.31B | 741M | 172M | 830.29M | 234.30M | -17.35M | 181.11M | 367.16M | 704.73M |
Investing activities | ||||||||||
Purchases Of Investments | -261M | -3.47B | -4.45B | -4.74B | -629.64M | -473.20M | -1.55B | -1.23B | -1.06B | -751.36M |
Investments In Property Plant And Equipment | -37M | -28M | -53M | -58M | -49.15M | -47.98M | -53.04M | -62.55M | -39.94M | -31.40M |
Acquisitions Net | 12M | 18M | -3.00B | 2.07B | -2.73B | -73.62M | -336.63M | -2.37B | -5.08M | 413.35M |
Cash generated by investing activities | -2.60B | 8.31B | -4.61B | -4.96B | -2.38B | 480.37M | -1.33B | -2.46B | -520.01M | -1.48B |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 183M | 7.01B | 0 | 4.48M | 0 | 2.73B | 0 | 1.38B |
Payments for dividends | -367M | -356M | -366M | -239M | -177.27M | -144.90M | -86.10M | -69.70M | -60.14M | -53.56M |
Repurchases of common stock | -10M | -12M | -416M | -11M | -134.81M | -104.76M | -5.55M | -97.39M | -32.64M | -43.57M |
Repayments of term debt | -406M | 4M | -183M | -1.57B | 1.98B | -2.61B | 2.06B | -267.52M | -1.34B | -23.57M |
Cash used in financing activities | 1.49B | -10.86B | 4.01B | 5.17B | 1.42B | -761.39M | 1.76B | 2.29B | 112.50M | 1.02B |
Net Change In Cash | 188M | -245M | 140M | 381M | -138.43M | -46.72M | 414.25M | 6.73M | -40.34M | 243.49M |
Cash at end of period | 1.73B | 1.54B | 1.78B | 1.64B | 1.26B | 1.40B | 1.45B | 1.03B | 1.03B | 1.07B |
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