Archer-Daniels-Midland Co
For the period ended Sep 30, 2024. Filed Nov 18, 2024.
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, 2024 · Filed Nov 18, 2024
ADM$69.97-0.7%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
| Nine Months EndedSeptember 30, | ||
|---|---|---|
| 2024 | 2023 | |
| (In millions) | ||
| Operating Activities | ||
| Net Earnings Including Non-controlling Interests | $1,218 | $2,924 |
| Adjustments to reconcile net earnings to net cash provided by operating activities | ||
| Depreciation and amortization | 854 | 782 |
| Asset impairment charges | 517 | 120 |
| Deferred income taxes | (107) | 17 |
| Equity in earnings of affiliates, net of dividends | (151) | (64) |
| Stock compensation expense | 74 | 98 |
| Deferred cash flow hedges | (115) | (13) |
| Loss (Gain) on sales/revaluation of assets | 9 | (33) |
| Other – net | 42 | (27) |
| Changes in operating assets and liabilities, net of acquisitions and dispositions | ||
| Segregated investments | (257) | (1,183) |
| Trade receivables | 476 | 443 |
| Inventories | 1,233 | 3,501 |
| Other current assets | 745 | 126 |
| Trade payables | (1,418) | (2,561) |
| Payables to brokerage customers | (249) | (1,580) |
| Accrued expenses and other payables | (403) | (659) |
| Net Cash Provided by Operating Activities | 2,468 | 1,891 |
| Investing Activities | ||
| Capital expenditures | (1,071) | (1,055) |
| Net assets of businesses acquired | (936) | (11) |
| Proceeds from sales of assets | 31 | 21 |
| Investments in affiliates | (44) | (8) |
| Cost method investments | — | (5) |
| Other – net | 18 | (3) |
| Net Cash Used by Investing Activities | (2,002) | (1,061) |
| Financing Activities | ||
| Long-term debt borrowings | — | 500 |
| Long-term debt payments | — | (963) |
| Net borrowings (payments) under lines of credit agreements | 1,627 | (379) |
| Share repurchases, net of tax | (2,327) | (1,118) |
| Cash dividends | (744) | (738) |
| Other – net | (21) | (102) |
| Net Cash Used by Financing Activities | (1,465) | (2,800) |
| Effect of exchange rate on cash, cash equivalents, restricted cash, and restricted cash equivalents | 6 | (22) |
| Decrease in cash, cash equivalents, restricted cash, and restricted cash equivalents | (993) | (1,992) |
| Cash, cash equivalents, restricted cash, and restricted cash equivalents - beginning of period | 5,390 | 7,033 |
| Cash, cash equivalents, restricted cash, and restricted cash equivalents - end of period | $4,397 | $5,041 |
| Reconciliation of cash, cash equivalents, restricted cash, and restricted cash equivalents to the Consolidated Balance Sheets | ||
| Cash and cash equivalents | $784 | $1,498 |
| Restricted cash and restricted cash equivalents included in segregated cash and investments | 3,613 | 3,543 |
| Total cash, cash equivalents, restricted cash, and restricted cash equivalents | $4,397 | $5,041 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.