S&P Global Inc.
For the period ended Sep 30, 2026. Filed Oct 28, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Oct 28, 2026
SPGI$473.38+0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows for the
Consolidated Statements of Cash Flows
| (in millions) | Nine Months Ended | |
|---|---|---|
| September 30, | ||
| 2026 | 2025 | |
| Operating Activities: | ||
| Net income | $4,175 | $3,596 |
| Less: discontinued operations, net | 25 | 246 |
| Income from continuing operations | 4,150 | 3,350 |
| Adjustments to reconcile income from continuing operations to cash provided by operating activities from continuing operations: | ||
| Depreciation | 86 | 68 |
| Amortization of intangibles | 598 | 576 |
| Provision for losses on accounts receivable | 36 | 25 |
| Deferred income taxes | (114) | (212) |
| Stock-based compensation | 127 | 155 |
| Gain on dispositions | (386) | (3) |
| Other | (70) | 175 |
| Changes in operating assets and liabilities, net of effect of acquisitions and dispositions: | ||
| Accounts receivable | 35 | (36) |
| Prepaid and other current assets | 14 | 76 |
| Accounts payable and accrued expenses | (286) | (487) |
| Unearned revenue | (219) | (74) |
| Other current liabilities | (204) | (168) |
| Net change in prepaid/accrued income taxes | (19) | (55) |
| Net change in other assets and liabilities | (87) | (73) |
| Cash provided by operating activities from continuing operations | 3,661 | 3,317 |
| Investing Activities: | ||
| Capital expenditures | (93) | (133) |
| Acquisitions, net of cash acquired | (208) | (47) |
| Proceeds from dispositions, net | 667 | 19 |
| Changes in short-term investments | (26) | (52) |
| Cash provided by (used for) investing activities from continuing operations | 340 | (213) |
| Financing Activities: | ||
| Payments on short-term debt, net | (15) | — |
| Payments on senior notes | (3) | (4) |
| Dividends paid to shareholders | (856) | (880) |
| Distributions to noncontrolling interest holders | (269) | (234) |
| Repurchase of treasury shares | (4,100) | (2,501) |
| Cash transferred to Mobility Global related to separation | (198) | — |
| Proceeds from debt issuance related to Mobility Global separation | 1,974 | — |
| Employee withholding tax on share-based payments, excise tax payments on share repurchases, contingent consideration payments and other | (150) | (106) |
| Cash used for financing activities from continuing operations | (3,617) | (3,725) |
| Effect of exchange rate changes on cash from continuing operations | (37) | 62 |
| Cash provided by (used for) continuing operations | 347 | (559) |
| Discontinued Operations: | ||
| Cash provided by operating activities | 371 | 586 |
| Cash used for investing activities | (15) | (19) |
| Cash used for financing activities | — | (3) |
| Effect of exchange rate changes on cash | (7) | 1 |
| Effect of change on cash, cash equivalents, and restricted cash | 38 | (12) |
| Cash provided by discontinued operations | 387 | 553 |
| Net change in cash, cash equivalents, and restricted cash | 734 | (6) |
| Cash, cash equivalents, and restricted cash at beginning of period | 1,707 | 1,639 |
| Cash, cash equivalents, and restricted cash at end of period | $2,441 | $1,633 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.