Bank of New York Mellon Corp (BK) [Rocket]

In millions, except per share items	Jun-30-23	Mar-31-23	Dec-31-22	Sep-30-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21
	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q
Net income	2,764	1,757	1,551	1,864	1,486	1,446	1,605	1,485
Depreciation and amortization [+]	1,507	1,630	1,636	1,716	1,788	1,435	1,867	1,861
Depreciation	1,446	1,566	1,569	1,646	1,716	1,360	1,785	1,772
Amortization	61	64	67	70	72	75	82	89
Deferred taxes	42		155	257	128		257	413
Change in working capital	3,046		8,672	6,799	7,614		-2,809	-10,540
Other	3,046		8,672	6,799	7,614		-2,809	-10,540
Other operating activities	2,230	2,309	3,054	4,637	586	1,518	1,918	5,625
Cash from operations	9,589	14,523	15,068	15,273	11,602	7,560	2,838	-1,156

Capital expenditures [+]	-1,090	-1,346	-1,346	-1,363	-1,621	-995	-1,215	-1,107
Purchases of property and equipment	-1,090		-1,346	-1,363	-1,621		-1,215	-1,107
Sales of property and equipment					52			34
Acquisitions							-170
Purchases of short-term investments, net	-5,245		-10,178	-17,454	-24,638		-29,355	-26,832
Purchases of short-term investments	-24,736		-32,336	-42,045	-48,941		-54,239	-49,771
Sales of short-term investments	19,491		22,158	24,591	24,303		24,884	22,939
Other cash from investing	25,709		31,353	33,623	17,555		50,378	-6,509
Cash from investing	19,374	19,874	19,874	14,681	-8,822	14,994	19,672	-34,414

Cash dividends paid	-1,209		-1,165	-1,140	-1,133		-1,126	-1,125
Repurchase of common stock, net	-1,691		-110	-1,358	-3,358		-4,554	-3,306
Option exercises					27		50	55
Other cash from financing	-26,284		-32,370	-29,119	1,574		-16,232	44,024
Cash from financing	-29,184	-33,654	-33,654	-31,631	-2,944	-20,442	-21,962	39,538

Free cash flow	8,499	13,177	13,722	13,910	9,981	6,565	1,623	-2,263
Per share (diluted)	$10.53	$21.62	$22.46	$22.38	$23.88	$15.70	$3.72	($5.08)

Cash paid for interest	9,624		3,307	1,362	462		233	296