Cash Flow Statement

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

T-Mobile US Inc., consolidated cash flow statement

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	8,317)	2,590)	3,024)	3,064)	3,468)
Depreciation and amortization	12,818)	13,651)	16,383)	14,151)	6,616)
Stock-based compensation expense	667)	595)	540)	694)	495)
Deferred income tax expense	2,600)	492)	197)	822)	1,091)
Bad debt expense	898)	1,026)	452)	602)	307)
Losses from sales of receivables	165)	214)	15)	36)	130)
Losses on redemption of debt	—)	—)	184)	371)	19)
Impairment expense	—)	477)	—)	418)	—)
Loss on remeasurement of disposal group held for sale	9)	377)	—)	—)	—)
Accounts receivable	(5,038)	(5,158)	(3,225)	(3,273)	(3,709)
Equipment installment plan receivables	170)	(1,184)	(3,141)	(1,453)	(1,015)
Inventory	197)	744)	201)	(2,222)	(617)
Operating lease right-of-use assets	3,721)	5,227)	4,964)	3,465)	1,896)
Other current and long-term assets	(358)	(754)	(573)	(402)	(144)
Accounts payable and accrued liabilities	(1,126)	558)	549)	(2,123)	17)
Short- and long-term operating lease liabilities	(3,785)	(2,947)	(5,358)	(3,699)	(2,131)
Other current and long-term liabilities	(839)	459)	(531)	(2,178)	144)
Changes in operating assets and liabilities	(7,058)	(3,055)	(7,114)	(11,885)	(5,559)
Adjustments to reconcile net income to net cash provided by operating activities	10,099)	13,777)	10,657)	5,209)	3,099)
Other, net	143)	414)	236)	367)	257)
Net cash provided by operating activities	18,559)	16,781)	13,917)	8,640)	6,824)
Purchases of property and equipment, including capitalized interest	(9,801)	(13,970)	(12,326)	(11,034)	(6,391)
Purchases of spectrum licenses and other intangible assets, including deposits	(1,010)	(3,331)	(9,366)	(1,333)	(967)
Proceeds from sales of tower sites	12)	9)	40)	—)	38)
Proceeds related to beneficial interests in securitization transactions	4,816)	4,836)	4,131)	3,134)	3,876)
Net cash related to derivative contracts under collateral exchange arrangements	—)	—)	—)	632)	(632)
Acquisition of companies, net of cash and restricted cash acquired	—)	(52)	(1,916)	(5,000)	(31)
Proceeds from the divestiture of prepaid business	—)	—)	—)	1,224)	—)
Other, net	154)	149)	51)	(338)	(18)
Net cash used in investing activities	(5,829)	(12,359)	(19,386)	(12,715)	(4,125)
Proceeds from issuance of long-term debt	8,446)	3,714)	14,727)	35,337)	—)
Payments of consent fees related to long-term debt	—)	—)	—)	(109)	—)
Proceeds from borrowing on revolving credit facility	—)	—)	—)	—)	2,340)
Repayments of revolving credit facility	—)	—)	—)	—)	(2,340)
Repayments of financing lease obligations	(1,227)	(1,239)	(1,111)	(1,021)	(798)
Repayments of short-term debt for purchases of inventory, property and equipment and other financial liabilities	—)	—)	(184)	(481)	(775)
Repayments of long-term debt	(5,051)	(5,556)	(11,100)	(20,416)	(600)
Issuance of common stock	—)	—)	—)	19,840)	—)
Repurchases of common stock	(13,074)	(3,000)	—)	(19,536)	—)
Dividends on common stock	(747)	—)	—)	—)	—)
Proceeds from issuance of short-term debt	—)	—)	—)	18,743)	—)
Repayments of short-term debt	—)	—)	—)	(18,929)	—)
Tax withholdings on share-based awards	(297)	(243)	(316)	(439)	(156)
Cash payments for debt prepayment or debt extinguishment costs	—)	—)	(116)	(82)	(28)
Other, net	(147)	(127)	(191)	103)	(17)
Net cash provided by (used in) financing activities	(12,097)	(6,451)	1,709)	13,010)	(2,374)
Change in cash and cash equivalents, including restricted cash and cash held for sale	633)	(2,029)	(3,760)	8,935)	325)
Cash and cash equivalents, including restricted cash and cash held for sale, beginning of period	4,674)	6,703)	10,463)	1,528)	1,203)
Cash and cash equivalents, including restricted cash and cash held for sale, end of period	5,307)	4,674)	6,703)	10,463)	1,528)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Download chart

Cash flow statement item	Description	The company
Net cash provided by operating activities	Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.	T-Mobile US Inc. net cash provided by operating activities increased from 2021 to 2022 and from 2022 to 2023.
Net cash used in investing activities	Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.	T-Mobile US Inc. net cash used in investing activities increased from 2021 to 2022 and from 2022 to 2023.
Net cash provided by (used in) financing activities	Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.	T-Mobile US Inc. net cash provided by (used in) financing activities decreased from 2021 to 2022 and from 2022 to 2023.

T-Mobile US Inc. (NASDAQ:TMUS)

Cash Flow Statement