ManpowerGroup Inc
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
View on SEC.govAbout 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 8, 2024
MAN$46.02+3.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows (Unaudited)
| Nine Months Ended | ||
|---|---|---|
| September 30, | ||
| 2024 | 2023 | |
| Cash Flows from Operating Activities: | ||
| Net earnings | $122.6 | $173.3 |
| Adjustments to reconcile net earnings to net cash provided by operating activities: | ||
| Depreciation and amortization | 64.8 | 64.3 |
| Loss on sales of subsidiaries, net | — | 1.3 |
| Deferred income taxes | 2.0 | 12.3 |
| Provision for expected credit losses | 6.0 | 5.4 |
| Share-based compensation | 22.0 | 20.0 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 237.8 | 460.2 |
| Other assets | (108.7) | (51.3) |
| Other liabilities | (284.9) | (451.0) |
| Cash provided by operating activities | 61.6 | 234.5 |
| Cash Flows from Investing Activities: | ||
| Capital expenditures | (39.8) | (55.1) |
| Acquisition of businesses, net of cash acquired | (4.9) | — |
| Net proceeds from the sales of subsidiaries and property and equipment | 2.8 | 2.6 |
| Cash used in investing activities | (41.9) | (52.5) |
| Cash Flows from Financing Activities: | ||
| Net change in short-term borrowings | 13.9 | (13.7) |
| Proceeds from long-term debt | 0.6 | 0.7 |
| Repayments of long-term debt | (1.2) | (0.7) |
| Payments of contingent consideration for acquisitions | (2.8) | — |
| Proceeds from share-based awards | 0.8 | 1.8 |
| Payments to noncontrolling interests | (0.2) | (0.6) |
| Other share-based award transactions | (10.4) | (10.3) |
| Repurchases of common stock | (106.0) | (129.8) |
| Dividends paid | (73.5) | (73.1) |
| Cash used in financing activities | (178.8) | (225.7) |
| Effect of exchange rate changes on cash | (11.3) | (24.2) |
| Change in cash and cash equivalents | (170.4) | (67.9) |
| Cash and cash equivalents, beginning of period | 581.3 | 639.0 |
| Cash and cash equivalents, end of period | $410.9 | $571.1 |
| Supplemental Cash Flow Information: | ||
| Interest paid | $69.9 | $63.2 |
| Income taxes paid, net | $140.9 | $141.7 |
| Non-cash operating activity: Right-of-use assets obtained in exchange for new operating lease liabilities | $52.9 | $107.2 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.