TEREX CORP
For the period ended Dec 31, 2024. Filed Feb 7, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 7, 2025
TEX$57.05-1.7%Stored close · as of Nov 10, 2026
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Item 8. Consolidated Statement of Cash Flows
CONSOLIDATED STATEMENT OF CASH FLOWS
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Operating Activities | |||
| Net income (loss) | $335 | $518 | $300 |
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | |||
| Depreciation and amortization | 82 | 56 | 47 |
| Deferred taxes | (10) | (38) | (1) |
| Stock-based compensation expense | 30 | 44 | 30 |
| Inventory and other non-cash charges | 25 | 9 | 23 |
| Changes in operating assets and liabilities (net of effects of acquisitions and divestitures): | |||
| Receivables | 16 | 11 | (55) |
| Inventories | 77 | (200) | (206) |
| Trade accounts payable | (241) | 58 | 96 |
| Other assets and liabilities | 15 | 2 | 38 |
| Foreign exchange and other operating activities, net | (3) | (1) | (11) |
| Net cash provided by (used in) operating activities | 326 | 459 | 261 |
| Investing Activities | |||
| Capital expenditures | (137) | (127) | (110) |
| Proceeds from sale of capital assets | 1 | 34 | — |
| Acquisitions, net of cash acquired, and investments | (2,001) | (24) | (50) |
| Other investing activities, net | 10 | 3 | 6 |
| Net cash provided by (used in) investing activities | (2,127) | (114) | (154) |
| Financing Activities | |||
| Repayments of debt | (222) | (402) | (224) |
| Proceeds from issuance of debt | 2,217 | 243 | 321 |
| Payment of debt issuance costs | (41) | — | — |
| Share repurchases | (49) | (63) | (101) |
| Dividends paid | (46) | (43) | (36) |
| Other financing activities, net | (22) | (23) | (15) |
| Net cash provided by (used in) financing activities | 1,837 | (288) | (55) |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | (19) | 10 | (15) |
| Net Increase (Decrease) in Cash and Cash Equivalents | 17 | 67 | 37 |
| Cash and Cash Equivalents at Beginning of Year | 371 | 304 | 267 |
| Cash and Cash Equivalents at End of Year | $388 | $371 | $304 |
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