Frontdoor Inc

For the period ended Sep 30, 2024. Filed Nov 4, 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.

Sep 30, 2024 · Filed Nov 4, 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)

	Nine Months Ended
	September 30,
2024 · 2023
Cash and Cash Equivalents at Beginning of Period	$	325	$	292
Cash Flows from Operating Activities:
Net Income		226		163
Adjustments to reconcile net income to net cash provided from operating activities:
Depreciation and amortization expense		28		28
Deferred income tax benefit		—		(12)
Stock-based compensation expense		20		21
Restructuring charges		5		6
Payments for restructuring charges		(3)		(3)
Other		2		5
Changes in working capital:
Receivables		—		(1)
Prepaid expenses and other current assets		(74)		(70)
Accounts payable		14		7
Deferred revenue		(12)		(22)
Accrued liabilities		(11)		(2)
Current income taxes		18		22
Net Cash Provided from Operating Activities		212		139
Cash Flows from Investing Activities:
Purchases of property and equipment		(31)		(23)
Net Cash Used for Investing Activities		(31)		(23)
Cash Flows from Financing Activities:
Repayments of debt		(13)		(13)
Repurchase of common stock		(120)		(76)
Other financing activities		2		—
Net Cash Used for Financing Activities		(131)		(88)
Cash Increase During the Period		50		28
Cash and Cash Equivalents at End of Period	$	375	$	320

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.