CommScope Holding Company Inc
For the period ended Sep 30, 2024. Filed Nov 7, 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 Nov 7, 2024
VISN$4.13+0.2%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
Condensed Consolidated Statements of Cash Flows (1)
(Unaudited – In millions)
| Nine Months Ended | ||
|---|---|---|
| September 30, | ||
| 2024 | 2023 | |
| Operating Activities: | ||
| Net loss | $(347.8) | $(925.7) |
| Adjustments to reconcile net loss to net cash generated by (used in) operating activities: | ||
| Depreciation and amortization | 287.7 | 442.2 |
| Equity-based compensation | 21.1 | 35.5 |
| Deferred income taxes | 1.9 | (249.9) |
| Asset impairments | 17.2 | 895.1 |
| Changes in assets and liabilities: | ||
| Accounts receivable | (99.1) | 375.0 |
| Inventories | 58.2 | 218.0 |
| Prepaid expenses and other assets | (108.7) | 13.2 |
| Accounts payable and other liabilities | 81.8 | (524.8) |
| Other | 82.9 | (49.1) |
| Net cash generated by (used in) operating activities | (4.8) | 229.5 |
| Investing Activities: | ||
| Additions to property, plant and equipment | (18.0) | (43.9) |
| Proceeds from sale of property, plant and equipment | 0.2 | 41.8 |
| Acquisition of a business | (45.1) | — |
| Other | 8.6 | 20.4 |
| Net cash generated by (used in) investing activities | (54.3) | 18.3 |
| Financing Activities: | ||
| Long-term debt repaid | (24.0) | (24.0) |
| Long-term debt repurchases | — | (92.1) |
| Tax withholding payments for vested equity-based compensation awards | (1.8) | (8.9) |
| Other | — | 2.1 |
| Net cash used in financing activities | (25.8) | (122.9) |
| Effect of exchange rate changes on cash and cash equivalents | (2.5) | (4.1) |
| Change in cash and cash equivalents | (87.4) | 120.8 |
| Cash and cash equivalents at beginning of period | 543.8 | 398.1 |
| Cash and cash equivalents at end of period | $456.4 | $518.9 |
| (1) The cash flows related to discontinued operations have not been segregated. Accordingly, the Condensed Consolidated Statements of Cash Flows include the results of continuing and discontinued operations. | ||
| See notes to unaudited condensed consolidated financial statements. | ||
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