MOODYS CORP DE
For the period ended Jun 30, 2024. Filed Jul 24, 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.
Jun 30, 2024 · Filed Jul 24, 2024
MCO$510.71-0.1%Stored close · as of Nov 10, 2026
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Consolidated Statements of Cash Flows (Unaudited) for the
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
(Amounts in millions)
| Six Months Ended June 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities | ||
| Net income | $1,130 | $878 |
| Reconciliation of net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 210 | 181 |
| Stock-based compensation | 109 | 97 |
| Deferred income taxes | 25 | 21 |
| Provision for credit losses on accounts receivable | 10 | 9 |
| Changes in assets and liabilities: | ||
| Accounts receivable | (64) | 112 |
| Other current assets | (6) | 78 |
| Other assets | (1) | (24) |
| Lease obligations | (15) | (9) |
| Accounts payable and accrued liabilities | (82) | (86) |
| Deferred revenue | 120 | 97 |
| Uncertain tax positions and other non-current tax liabilities | 12 | (120) |
| Other liabilities | 13 | (22) |
| Net cash provided by operating activities | 1,461 | 1,212 |
| Cash flows from investing activities | ||
| Capital additions | (171) | (127) |
| Purchases of investments | (87) | (53) |
| Sales and maturities of investments | 81 | 81 |
| Purchases of investments in non-consolidated affiliates | (2) | (2) |
| Sales of investments in non-consolidated affiliates | — | 1 |
| Cash paid for acquisitions, net of cash acquired | (12) | (3) |
| Net cash used in investing activities | (191) | (103) |
| Cash flows from financing activities | ||
| Repayment of notes | — | (200) |
| Proceeds from stock-based compensation plans | 45 | 31 |
| Treasury shares | (384) | (108) |
| Repurchase of shares related to stock-based compensation | (82) | (64) |
| Dividends | (309) | (283) |
| Dividends to noncontrolling interests | (1) | — |
| Net cash used in financing activities | (731) | (624) |
| Effect of exchange rate changes on cash and cash equivalents | (34) | 24 |
| Increase in cash and cash equivalents | 505 | 509 |
| Cash and cash equivalents, beginning of period | 2,130 | 1,769 |
| Cash and cash equivalents, end of period | $2,635 | $2,278 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.