ILLUMINA INC
For the period ended Sep 29, 2024. Filed Nov 6, 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 29, 2024 · Filed Nov 6, 2024
ILMN$214.91-2.7%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
| Nine Months Ended | ||
|---|---|---|
| September 29,2024 | October 1,2023 | |
| Cash flows from operating activities: | ||
| Net loss | $(1,410) | $(986) |
| Adjustments to reconcile net loss to net cash provided by operating activities: | ||
| Depreciation expense | 170 | 175 |
| Amortization of intangible assets | 113 | 148 |
| Share-based compensation expense | 291 | 286 |
| Deferred income taxes | (161) | (42) |
| Goodwill and intangible (IPR&D) impairment | 1,889 | 821 |
| Property and equipment and right-of-use asset impairment | 32 | 56 |
| Net losses on strategic investments | 342 | 39 |
| Gain on Helix contingent value right | (15) | (8) |
| Change in fair value of contingent consideration liabilities | (304) | (82) |
| Other | 11 | 15 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 20 | (31) |
| Inventory | (9) | (47) |
| Prepaid expenses and other current assets | (11) | (3) |
| Operating lease right-of-use assets and liabilities, net | (21) | (13) |
| Other assets | (14) | 6 |
| Accounts payable | (35) | (50) |
| Accrued liabilities | (406) | (25) |
| Other long-term liabilities | (9) | (5) |
| Net cash provided by operating activities | 473 | 254 |
| Cash flows from investing activities: | ||
| Purchases of property and equipment | (99) | (144) |
| Net purchases of strategic investments | (33) | (1) |
| Cash received for Helix contingent value right | 83 | — |
| Cash paid for acquisitions and intangible assets, net of cash acquired | (81) | (1) |
| Net cash used in investing activities | (130) | (146) |
| Cash flows from financing activities: | ||
| GRAIL cash deconsolidated as a result of spin-off | (968) | — |
| Proceeds from debt, net of issuance costs | 1,241 | (1) |
| Payments on debt obligations | (750) | (1,235) |
| Payments on contingent consideration liabilities | (1) | — |
| Common stock repurchases | (99) | — |
| Taxes paid related to net share settlement of equity awards | (2) | (14) |
| Proceeds from issuance of common stock | 56 | 67 |
| Net cash used in financing activities | (523) | (1,183) |
| Effect of exchange rate changes on cash and cash equivalents | 1 | (9) |
| Net decrease in cash and cash equivalents | (179) | (1,084) |
| Cash and cash equivalents at beginning of period | 1,048 | 2,011 |
| Cash and cash equivalents at end of period | $869 | $927 |
| Supplemental cash flow information: | ||
| GRAIL net assets, excluding cash and cash equivalents, deconsolidated as a result of spin-off | $1,770 | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.