Plains All American Pipeline L.P.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.44B | $772.0M | $1.23B | $1.04B | $593.0M | $-2.59B | $2.17B | $2.22B |
| Depreciation & Amortization | $953.0M | $901.0M | $909.0M | $965.0M | $774.0M | $653.0M | $601.0M | $520.0M |
| Depreciation | $673.0M | $639.0M | $618.0M | $707.0M | $652.0M | $563.0M | $525.0M | $454.0M |
| Amortization | $280.0M | $262.0M | $291.0M | $254.0M | $122.0M | $90.0M | $76.0M | $66.0M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $2.94B | $2.49B | $2.73B | $2.41B | $2.00B | $1.51B | $2.50B | $2.61B |
| Investing Activities | ||||||||
| Capital Expenditures | $643.0M | $448.0M | $408.0M | $455.0M | $336.0M | $738.0M | $1.18B | $1.63B |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-3.77B | $-1.50B | $-702.0M | $-526.0M | $386.0M | $-1.09B | $-1.77B | $-813.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $8.0M | $0 | $0 | $74.0M | $178.0M | $50.0M | $0 | $0 |
| Net Cash from Financing Activities | $799.0M | $-1.08B | $-1.98B | $-1.93B | $-1.98B | $-435.0M | $-720.0M | $-1.76B |
| Net Change in Cash | $-20.0M | $-102.0M | $49.0M | $-52.0M | $393.0M | $-22.0M | $16.0M | $29.0M |
| Free Cash Flow | $2.29B | $2.04B | $2.32B | $1.95B | $1.66B | $776.0M | $1.32B | $974.0M |