Frontdoor Inc

For the period ended Jun 30, 2024. Filed Aug 1, 2024.

About 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.

Jun 30, 2024 · Filed Aug 1, 2024

FTDR$98.50-2.2%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Cash Flows

Condensed Consolidated Statements of Cash Flows (Unaudited)

(In millions)

	Six Months Ended
	June 30,
2024 · 2023
Cash and Cash Equivalents at Beginning of Period	$	325	$	292
Cash Flows from Operating Activities:
Net Income		126		91
Adjustments to reconcile net income to net cash provided from operating activities:
Depreciation and amortization expense		18		18
Deferred income tax benefit		—		(8)
Stock-based compensation expense		15		13
Restructuring charges		1		1
Payments for restructuring charges		(3)		(2)
Other		1		3
Changes in working capital:
Receivables		(1)		(1)
Prepaid expenses and other current assets		(4)		(9)
Accounts payable		30		(2)
Deferred revenue		(7)		(13)
Accrued liabilities		(2)		5
Current income taxes		13		15
Net Cash Provided from Operating Activities		187		112
Cash Flows from Investing Activities:
Purchases of property and equipment		(22)		(15)
Net Cash Used for Investing Activities		(22)		(15)
Cash Flows from Financing Activities:
Repayments of debt		(8)		(8)
Repurchase of common stock		(58)		(34)
Other financing activities		(4)		(2)
Net Cash Used for Financing Activities		(71)		(44)
Cash Increase During the Period		93		52
Cash and Cash Equivalents at End of Period	$	419	$	344

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.