Cash Flow Statement

Operating Cash Flow

+40%

+57%

10Y

Currency: USD

	Nov-2006	Feb-2007	May-2007	Aug-2007	Nov-2007	Feb-2008	May-2008	Aug-2008	Nov-2008	Feb-2009	May-2009	Aug-2009	Nov-2009	Feb-2010	May-2010	Aug-2010	Nov-2010	Feb-2011	May-2011	Aug-2011	Nov-2011	Feb-2012	May-2012	Aug-2012	Dec-2012	Mar-2013	Jun-2013	Sep-2013	Dec-2013	Mar-2014	Jun-2014	Sep-2014	Dec-2014	Mar-2015	Jun-2015	Sep-2015	Dec-2015	Mar-2016	Jun-2016	Sep-2016	Dec-2016	Mar-2017	Jun-2017	Sep-2017	Dec-2017	Mar-2018	Jun-2018	Sep-2018	Dec-2018	Mar-2019	Jun-2019	Sep-2019	Dec-2019	Mar-2020	Jun-2020	Sep-2020	Dec-2020	Mar-2021	Jun-2021	Sep-2021	Dec-2021	Mar-2022	Jun-2022	Sep-2022	Dec-2022	Mar-2023	Jun-2023	Sep-2023	Dec-2023	Mar-2024	Jun-2024	Sep-2024	Dec-2024	Mar-2025
Operating Cash Flow
Net Income	1 077	1 005	871	832	589	436	461	439	928	967	959	1 356	1 276	1 052	1 085	768	765	1 333	1 676	2 064	2 227	2 393	2 329	2 307	170	42	107	74	2 470	2 428	2 470	2 521	2 323	2 278	2 233	2 201	2 297	2 286	2 303	2 330	2 393	2 382	2 312	2 275	2 099	2 201	2 324	2 442	2 742	2 802	2 886	2 936	2 957	2 170	1 049	1 050	1 141	2 795	4 861	5 181	5 449	5 098	4 511	4 426	4 392	4 126	3 908	3 585	2 940	2 272	2 909	3 632	4 535	5 331
Depreciation & Amortization	223	232	240	254	257	256	249	239	231	196	164	132	98	97	95	93	89	87	87	87	90	91	93	95	9	2	9	12	111	115	116	121	126	192	258	324	391	380	374	362	351	360	363	378	393	407	421	430	435	427	421	424	436	460	480	483	485	481	487	510	531	551	562	568	561	551	530	491	458	425	388	373	300	215
Change in Deffered Taxes	76	20	4	9	(218)	(201)	(234)	(264)	(262)	(494)	(482)	(300)	(62)	34	166	126	113	326	335	402	232	207	151	39	(12)	34	37	(5)	322	224	207	244	(11)	0	0	0	0	0	121	0	0	0	(46)	0	0	0	(137)	0	0	0	0	0	0	(240)	(531)	(600)	(672)	(200)	298	316	327	85	(252)	(375)	(427)	(529)	(556)	(583)	(626)	(541)	(244)	(72)	162	257
Stock-Based Compensation	0	0	0	0	36	75	98	115	93	64	55	48	44	44	40	39	37	38	39	41	44	46	46	46	0	40	43	45	59	60	60	60	60	0	0	0	56	0	0	0	64	0	0	0	75	0	0	0	81	0	0	0	69	0	0	0	41	0	0	0	103	0	0	0	89	0	0	0	74	0	0	0	95	0
Other Non-Cash Items	(26)	(31)	(26)	(9)	404	617	621	593	135	(73)	(63)	(51)	23	12	(19)	(1)	(73)	(146)	(209)	(256)	(54)	(44)	(31)	(61)	1	89	196	289	110	128	116	116	340	188	79	(53)	(440)	(413)	(393)	(308)	(282)	(275)	(285)	(444)	(38)	(148)	(30)	(121)	(510)	(415)	(568)	(433)	(472)	(446)	(357)	(283)	(120)	(95)	34	48	(38)	(43)	(209)	(236)	(240)	(264)	(290)	(324)	(358)	(372)	(391)	(350)	(343)	(323)
Cash Taxes Paid	520	501	468	267	531	582	469	579	671	673	841	970	914	928	672	494	169	193	489	692	906	914	1 181	1 238	(1)	67	146	153	1 348	0	0	0	1 388	0	0	0	1 341	0	0	0	1 300	0	0	0	1 424	0	0	0	650	0	0	0	1 088	0	0	0	901	0	0	0	1 305	0	0	0	1 865	0	0	0	1 605	0	0	0	1 180	0
Cash Interest Paid	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	745	975	0	0	0	933	0	0	0	1 070	0	0	0	1 211	0	0	0	1 396	0	0	0	1 847	0	0	0	2 407	0	0	0	1 799	0	0	0	1 077	0	0	0	1 666	0	0	0	4 508	0	0	0	5 690	0
Change in Working Capital	371	837	438	677	1 006	1 242	2 006	2 563	3 472	3 614	4 275	3 091	2 263	3 010	2 801	2 724	3 324	2 740	2 104	1 970	1 103	705	340	621	54	315	234	6	504	259	292	806	1 048	1 136	1 207	1 425	1 606	1 696	1 602	1 793	1 963	1 813	2 418	2 667	2 754	2 973	3 376	3 303	2 524	3 474	3 404	2 566	3 275	3 597	4 909	5 377	5 362	3 043	305	255	(250)	554	1 697	1 924	2 854	3 313	3 500	4 693	6 149	6 288	6 488	5 738	3 771	3 777
Cash from Operating Activities	1 721 N/A	2 062 +20%	1 527 -26%	1 762 +15%	2 038 +16%	2 350 +15%	3 102 +32%	3 570 +15%	4 504 +26%	4 211 -7%	4 852 +15%	4 227 -13%	3 598 -15%	4 205 +17%	4 128 -2%	3 709 -10%	4 218 +14%	4 341 +3%	3 993 -8%	4 267 +7%	3 598 -16%	3 351 -7%	2 882 -14%	3 001 +4%	222 -93%	481 +117%	584 +21%	376 -36%	3 517 +836%	3 154 -10%	3 201 +1%	3 808 +19%	3 826 +0%	3 760 -2%	3 718 -1%	3 810 +2%	3 854 +1%	3 949 +2%	4 007 +1%	4 177 +4%	4 425 +6%	4 280 -3%	4 641 +8%	4 876 +5%	5 208 +7%	5 433 +4%	6 000 +10%	6 054 +1%	5 191 -14%	6 288 +21%	6 280 0%	5 493 -13%	6 196 +13%	5 541 -11%	5 550 +0%	6 027 +9%	6 196 +3%	6 024 -3%	5 985 -1%	6 310 +5%	6 019 -5%	6 245 +4%	6 309 +1%	6 307 0%	7 140 +13%	7 197 +1%	7 092 -1%	7 862 +11%	8 563 +9%	8 615 +1%	9 686 +12%	9 321 -4%	8 425 -10%	8 714 +3%
Investing Cash Flow
Capital Expenditures	(144)	(151)	(136)	(128)	(118)	(111)	(105)	(109)	(94)	(91)	(78)	(57)	(54)	(44)	(41)	(42)	(55)	(63)	(87)	(96)	(111)	(122)	(117)	(146)	(13)	(33)	(61)	(72)	(231)	(215)	(187)	(156)	(145)	(143)	(160)	(162)	(168)	(173)	(166)	(181)	(179)	(180)	(196)	(208)	(218)	(229)	(233)	(234)	(254)	(278)	(287)	(289)	(284)	(261)	(286)	(278)	(261)	(243)	(205)	(201)	(194)	(204)	(196)	(226)	(236)	(261)	(295)	(293)	(303)	(298)	(281)	(273)	(268)	(261)
Other Items	(1 880)	(3 077)	(1 737)	(475)	(1 477)	(2 906)	(2 288)	(4 056)	(6 037)	(8 784)	(9 554)	(8 024)	(6 107)	(3 912)	(1 703)	(2 479)	(5 013)	(3 969)	(7 219)	(8 319)	(7 999)	(6 780)	(8 017)	(6 079)	422	1 527	3 015	2 211	(2 932)	(3 762)	(3 906)	(4 430)	(4 052)	(2 612)	(3 380)	(2 498)	(2 700)	(4 966)	(4 257)	(5 502)	(4 719)	(5 717)	(5 691)	(6 591)	(8 573)	(7 629)	(8 702)	(8 818)	(10 325)	(12 985)	(14 752)	(17 744)	(14 990)	(10 848)	(5 406)	(4 959)	1 775	5 548	3 267	7 328	234	(5 283)	(9 838)	(15 788)	(25 401)	(27 266)	(29 042)	(27 390)	(21 188)	(19 606)	(14 509)	(10 919)	(3 483)	(842)
Cash from Investing Activities	(2 024) N/A	(3 228) -59%	(1 873) +42%	(603) +68%	(1 595) -165%	(3 017) -89%	(2 393) +21%	(4 165) -74%	(6 131) -47%	(8 875) -45%	(9 632) -9%	(8 081) +16%	(6 161) +24%	(3 956) +36%	(1 744) +56%	(2 520) -45%	(5 068) -101%	(4 032) +20%	(7 306) -81%	(8 415) -15%	(8 110) +4%	(6 902) +15%	(8 134) -18%	(6 225) +23%	409 N/A	1 495 +265%	2 954 +98%	2 139 -28%	(3 163) N/A	(3 977) -26%	(4 093) -3%	(4 586) -12%	(4 197) +8%	(2 755) +34%	(3 540) -28%	(2 660) +25%	(2 868) -8%	(5 139) -79%	(4 423) +14%	(5 683) -28%	(4 898) +14%	(5 897) -20%	(5 887) +0%	(6 799) -15%	(8 791) -29%	(7 858) +11%	(8 935) -14%	(9 052) -1%	(10 579) -17%	(13 263) -25%	(15 039) -13%	(18 033) -20%	(15 274) +15%	(11 109) +27%	(5 692) +49%	(5 237) +8%	1 514 N/A	5 305 +250%	3 062 -42%	7 127 +133%	40 -99%	(5 487) N/A	(10 034) -83%	(16 014) -60%	(25 637) -60%	(27 527) -7%	(29 337) -7%	(27 683) +6%	(21 491) +22%	(19 904) +7%	(14 790) +26%	(11 192) +24%	(3 751) +66%	(1 103) +71%
Financing Cash Flow
Net Issuance of Common Stock	0	0	0	273	272	271	269	(7)	(7)	(12)	1 214	1 747	1 747	1 748	(701)	(1 406)	(1 404)	(1 403)	(172)	(189)	(413)	(421)	(862)	(1 021)	(10)	(244)	(147)	(140)	(1 283)	(1 391)	(1 230)	(1 506)	(1 559)	(1 614)	(1 860)	(1 675)	(1 710)	(1 713)	(1 712)	(1 858)	(1 901)	(1 998)	(2 025)	(1 998)	(2 088)	(2 151)	(2 257)	(2 161)	(2 059)	(1 962)	(1 866)	(1 825)	(1 761)	(1 617)	(662)	(243)	155	379	(667)	(1 482)	(2 251)	(3 076)	(3 124)	(2 521)	(2 349)	(2 636)	(2 736)	(2 527)	(1 926)	(722)	(46)	(50)	(70)	(70)
Net Issuance of Debt	3 852	219	(851)	(851)	(3 279)	(102)	(1 097)	(1 351)	(657)	1 282	38	(58)	194	(3 843)	(6 044)	(6 515)	(7 144)	(6 213)	(3 209)	(2 856)	(2 356)	5	1 448	2 143	(2 023)	687	(964)	(933)	2 516	683	1 824	2 215	1 990	2 728	4 012	2 678	2 017	1 647	398	3 007	773	2 094	1 783	(88)	823	(604)	(189)	268	796	(173)	(1 390)	(2 867)	(1 714)	(702)	(2 390)	(2 952)	(4 792)	(4 948)	(3 670)	(3 194)	(896)	(3 790)	708	1 728	(94)	990	353	(624)	1 187	2 412	(1 146)	(1 508)	(5 067)	(6 068)
Cash Paid for Dividends	0	(1 000)	(1 000)	(1 350)	(879)	(408)	(438)	(117)	(117)	(117)	(108)	(104)	(101)	(873)	(875)	(861)	(845)	(55)	(62)	(80)	(110)	(153)	(177)	(199)	(5)	(26)	(80)	(135)	(399)	(426)	(440)	(453)	(467)	(480)	(493)	(504)	(515)	(525)	(515)	(516)	(514)	(512)	(511)	(518)	(527)	(542)	(540)	(538)	(552)	(544)	(567)	(571)	(573)	(577)	(583)	(577)	(576)	(597)	(597)	(626)	(636)	(637)	(669)	(686)	(703)	(718)	(727)	(739)	(752)	(771)	(772)	(771)	(771)	(771)
Other	(3 231)	3 157	9 524	8 569	11 345	7 250	1 626	3 979	3 816	3 402	4 382	2 614	3 573	6 724	5 876	4 681	2 321	(195)	194	3 314	5 142	5 262	6 182	4 581	65	(376)	(1 449)	(1 655)	2 782	2 621	1 873	2 281	1 137	1 444	1 879	1 219	1 510	2 102	2 267	2 699	4 453	5 057	4 328	6 880	6 753	7 562	8 795	7 510	8 961	7 769	8 016	7 306	4 945	4 462	7 591	6 959	4 128	3 300	(2 912)	(5 476)	(4 533)	(4 286)	1 913	10 308	19 208	23 214	22 528	21 074	17 250	14 650	9 321	5 790	(1 995)	(2 310)
Cash from Financing Activities	621 N/A	2 376 +282%	7 673 +223%	6 641 -13%	7 459 +12%	7 011 -6%	360 -95%	2 504 +595%	3 035 +21%	4 555 +50%	5 527 +21%	4 199 -24%	5 413 +29%	3 755 -31%	(1 743) N/A	(4 100) -135%	(7 072) -72%	(7 866) -11%	(3 249) +59%	189 N/A	2 263 +1 098%	4 694 +107%	6 591 +40%	5 504 -16%	(1 973) N/A	42 N/A	(2 641) N/A	(2 863) -8%	3 616 N/A	1 487 -59%	2 027 +36%	2 537 +25%	1 101 -57%	2 078 +89%	3 538 +70%	1 718 -51%	1 302 -24%	1 511 +16%	438 -71%	3 332 +661%	2 811 -16%	4 641 +65%	3 575 -23%	4 276 +20%	4 961 +16%	4 265 -14%	5 809 +36%	5 079 -13%	7 146 +41%	5 090 -29%	4 193 -18%	2 043 -51%	897 -56%	1 566 +75%	3 956 +153%	3 187 -19%	(1 085) N/A	(1 866) -72%	(7 846) -320%	(10 778) -37%	(8 316) +23%	(11 789) -42%	(1 172) +90%	8 829 N/A	16 062 +82%	20 850 +30%	19 418 -7%	17 184 -12%	15 759 -8%	15 569 -1%	7 357 -53%	3 461 -53%	(7 903) N/A	(9 219) -17%
Change in Cash
Effect of Foreign Exchange Rates	1	1	1	14	11	(13)	(14)	(27)	(25)	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	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	0
Net Change in Cash	319 N/A	1 211 +280%	7 327 +505%	7 814 +7%	7 913 +1%	6 331 -20%	1 056 -83%	1 882 +78%	1 384 -26%	(109) N/A	746 N/A	345 -54%	2 850 +725%	4 004 +41%	641 -84%	(2 912) N/A	(7 922) -172%	(7 557) +5%	(6 563) +13%	(3 959) +40%	(2 249) +43%	1 144 N/A	1 339 +17%	2 280 +70%	(1 342) N/A	2 018 N/A	898 -56%	(349) N/A	3 970 N/A	664 -83%	1 135 +71%	1 759 +55%	730 -58%	3 083 +322%	3 716 +21%	2 868 -23%	2 288 -20%	321 -86%	22 -93%	1 826 +8 200%	2 338 +28%	3 024 +29%	2 329 -23%	2 353 +1%	1 378 -41%	1 840 +34%	2 874 +56%	2 081 -28%	1 758 -16%	(1 885) N/A	(4 566) -142%	(10 497) -130%	(8 181) +22%	(4 002) +51%	3 814 N/A	3 977 +4%	6 625 +67%	9 463 +43%	1 201 -87%	2 659 +121%	(2 257) N/A	(11 031) -389%	(4 897) +56%	(878) +82%	(2 435) -177%	520 N/A	(2 827) N/A	(2 637) +7%	2 831 N/A	4 280 +51%	2 253 -47%	1 590 -29%	(3 229) N/A	(1 608) +50%

Income Statement Balance Sheet Cash Flow Statement

Discover Financial Services
XBER:DC7

Cash Flow Statement

Cash Flow Statement
Discover Financial Services

See Also

Company

Help

Tools

Stocks

Discover Financial Services XBER:DC7

Cash Flow Statement

Cash Flow Statement Discover Financial Services

See Also

Company

Help

Tools

Stocks

Discover Financial Services
XBER:DC7

Cash Flow Statement
Discover Financial Services