Allison Transmission Holdings Inc
For the period ended Sep 30, 2024. Filed Oct 30, 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.
Sep 30, 2024 · Filed Oct 30, 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)
| Nine Months Ended September 30, | ||
|---|---|---|
| 2024 | 2023 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net income | $556 | $503 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation of property, plant and equipment | 82 | 81 |
| Stock-based compensation | 20 | 17 |
| Deferred income taxes | (12) | (22) |
| Amortization of intangible assets | 8 | 33 |
| Unrealized loss (gain) on marketable securities | 8 | (1) |
| Pension plan settlement loss | 4 | — |
| Technology-related investments loss (gain) | 1 | (3) |
| Other | 4 | 4 |
| Changes in assets and liabilities: | ||
| Accounts receivable | (36) | (12) |
| Inventories | (50) | (60) |
| Accounts payable | 36 | 34 |
| Other assets and liabilities | (31) | (28) |
| Net cash provided by operating activities | 590 | 546 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Additions of long-lived assets | (68) | (73) |
| Investment in equity method investee | (4) | — |
| Proceeds from sale of assets | 4 | — |
| Investment in equities without a readily determinable fair value | (2) | — |
| Proceeds from technology-related investments | — | 2 |
| Net cash used for investing activities | (70) | (71) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Repurchases of common stock | (133) | (157) |
| Payments on long-term debt | (103) | (5) |
| Dividend payments | (66) | (63) |
| Proceeds from exercise of stock options | 28 | 27 |
| Taxes paid related to net share settlement of equity awards | (9) | (7) |
| Debt financing fees | (4) | — |
| Net cash used for financing activities | (287) | (205) |
| Effect of exchange rate changes on cash | — | (1) |
| Net increase in cash and cash equivalents | 233 | 269 |
| Cash and cash equivalents at beginning of period | 555 | 232 |
| Cash and cash equivalents at end of period | $788 | $501 |
| SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: | ||
| Income taxes paid | $(150) | $(164) |
| Interest paid | $(91) | $(95) |
| Interest received from interest rate swaps | $10 | $8 |
| Non-cash investing activities: | ||
| Capital expenditures in liabilities | $30 | $19 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.