Enpro Inc
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
NPO$274.88-0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Cash Flows
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| OPERATING ACTIVITIES OF CONTINUING OPERATIONS | |||
| Net income | $72.9 | $18.3 | $202.3 |
| Adjustments to reconcile net income to net cash provided by operating activities of continuing operations: | |||
| Income from discontinued operations, net of taxes | — | (11.4) | (198.4) |
| Taxes related to sale of discontinued operations | — | (3.3) | (25.8) |
| Depreciation | 23.9 | 24.5 | 25.5 |
| Amortization | 76.4 | 70.0 | 77.6 |
| Goodwill impairment | — | 60.8 | 65.2 |
| Promissory note reserve | 4.5 | — | — |
| Deferred income taxes | (18.4) | (7.7) | (14.0) |
| Stock-based compensation | 12.0 | 9.8 | 6.5 |
| Other non-cash adjustments | 9.2 | 4.6 | 6.8 |
| Change in assets and liabilities, net of effects of acquisitions and divestitures of businesses: | |||
| Accounts receivable, net | 1.6 | 21.6 | (0.1) |
| Inventories | 6.3 | 10.3 | (18.0) |
| Accounts payable | (5.4) | (5.2) | 1.5 |
| Income taxes, net | 2.0 | 24.2 | (14.6) |
| Other current assets and liabilities | (7.6) | (5.8) | (22.5) |
| Other non-current assets and liabilities | (14.5) | (2.3) | 14.1 |
| Net cash provided by operating activities of continuing operations | 162.9 | 208.4 | 106.1 |
| INVESTING ACTIVITIES OF CONTINUING OPERATIONS | |||
| Purchases of property, plant and equipment | (29.1) | (33.9) | (29.4) |
| Payments for capitalized internal-use software | (3.8) | (0.4) | (0.4) |
| Proceeds from sale of businesses | — | 25.9 | 301.9 |
| Payments for acquisitions, net of cash acquired | (209.4) | — | 2.9 |
| Receipt from settlement of derivative contract | — | — | 27.4 |
| Purchase of short-term investments | — | (35.8) | — |
| Redemption of short-term investments | — | 35.8 | — |
| Other | 0.8 | 1.0 | 0.3 |
| Net cash provided by (used in) investing activities of continuing operations | (241.5) | (7.4) | 302.7 |
| FINANCING ACTIVITIES OF CONTINUING OPERATIONS | |||
| Proceeds from debt | 52.5 | — | 61.0 |
| Repayments of debt, including premiums to par value | (60.6) | (145.1) | (398.0) |
| Acquisition of non-controlling interests of Enpro subsidiaries | (18.3) | — | (34.1) |
| Dividends paid | (25.3) | (24.3) | (23.4) |
| Other | 1.2 | (1.5) | (7.6) |
| Net cash used in financing activities of continuing operations | (50.5) | (170.9) | (402.1) |
| CASH FLOWS OF DISCONTINUED OPERATIONS | |||
| Operating cash flows | — | (0.6) | 21.3 |
| Investing cash flows | — | — | (5.1) |
| Net cash provided by (used in) discontinued operations | — | (0.6) | 16.2 |
| Effect of exchange rate changes on cash and cash equivalents | (4.4) | 5.9 | (26.6) |
| Net increase (decrease) in cash and cash equivalents | (133.5) | 35.4 | (3.7) |
| Cash and cash equivalents at beginning of year | 369.8 | 334.4 | 338.1 |
| Cash and cash equivalents at end of year | $236.3 | $369.8 | $334.4 |
| Supplemental disclosures of cash flow information: | |||
| Cash paid during the year for: | |||
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Interest | $38.9 | $43.3 | $31.5 |
| Income taxes, net of refunds received | $36.1 | $17.2 | $80.8 |
| Non-cash investing and financing activities | |||
| Non-cash acquisitions of property, plant and equipment | $5.9 | $0.2 | $0.7 |
| Non-cash acquisitions of capitalized internal-use software | $0.8 | $— | $— |
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