Allison Transmission Holdings Inc
For the period ended Mar 31, 2024. Filed Apr 26, 2024.
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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.
Mar 31, 2024 · Filed Apr 26, 2024
ALSN$125.56+1.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
(unaudited, dollars in millions)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net income | $169 | $170 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation of property, plant and equipment | 27 | 26 |
| Unrealized loss (gain) on marketable securities | 7 | (3) |
| Stock-based compensation | 6 | 5 |
| Amortization of intangible assets | 5 | 11 |
| Deferred income taxes | (5) | (8) |
| Technology-related investments gain | — | (3) |
| Other | 2 | 1 |
| Changes in assets and liabilities: | ||
| Accounts receivable | (39) | (30) |
| Inventories | (15) | (32) |
| Accounts payable | 28 | 30 |
| Other assets and liabilities | (12) | 26 |
| Net cash provided by operating activities | 173 | 193 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Additions of long-lived assets | (11) | (24) |
| Investment in equity method investee | (1) | — |
| Proceeds from technology-related investments | — | 2 |
| Net cash used for investing activities | (12) | (22) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Payments on long-term debt | (101) | (1) |
| Repurchases of common stock | (52) | (40) |
| Dividend payments | (22) | (22) |
| Proceeds from exercise of stock options | 22 | 9 |
| Taxes paid related to net share settlement of equity awards | (8) | (5) |
| Debt financing fees | (3) | — |
| Net cash used for financing activities | (164) | (59) |
| Effect of exchange rate changes on cash | (1) | — |
| Net (decrease) increase in cash and cash equivalents | (4) | 112 |
| Cash and cash equivalents at beginning of period | 555 | 232 |
| Cash and cash equivalents at end of period | $551 | $344 |
| SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: | ||
| Interest paid | $(29) | $(29) |
| Income taxes paid | $(4) | $(2) |
| Interest received from interest rate swaps | $3 | $2 |
| Non-cash investing activities: | ||
| Capital expenditures in liabilities | $10 | $6 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.