DANA INC
For the period ended Mar 31, 2024. Filed Apr 30, 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.
Mar 31, 2024 · Filed Apr 30, 2024
DAN$23.11+7.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statement of Cash Flows (Unaudited)
(In millions)
| Three Months Ended | ||
|---|---|---|
| March 31, | ||
| 2024 | 2023 | |
| Operating activities | ||
| Net income | $— | $31 |
| Depreciation | 101 | 92 |
| Amortization | 5 | 5 |
| Amortization of deferred financing charges | 1 | 1 |
| Earnings of affiliates, net of dividends received | (2) | (1) |
| Stock compensation expense | 6 | 6 |
| Deferred income taxes | 2 | (8) |
| Pension expense, net | (7) | |
| Change in working capital | (251) | (304) |
| Loss on disposal group held for sale | 29 | |
| Other, net | 14 | 8 |
| Net cash used in operating activities | (102) | (170) |
| Investing activities | ||
| Purchases of property, plant and equipment | (70) | (120) |
| Proceeds from sale of property, plant and equipment | 4 | 2 |
| Settlements of undesignated derivatives | (1) | |
| Other, net | 4 | |
| Net cash used in investing activities | (63) | (118) |
| Financing activities | ||
| Net change in short-term debt | 17 | 269 |
| Repayment of long-term debt | (27) | (2) |
| Deferred financing payments | (2) | |
| Dividends paid to common stockholders | (15) | (15) |
| Distributions to noncontrolling interests | (3) | (1) |
| Collection of note receivable from noncontrolling interest | 11 | |
| Contributions from redeemable noncontrolling interests | 9 | 10 |
| Other, net | 9 | (4) |
| Net cash provided by financing activities | 1 | 255 |
| Net decrease in cash, cash equivalents and restricted cash | (164) | (33) |
| Cash, cash equivalents and restricted cash – beginning of period | 563 | 442 |
| Effect of exchange rate changes on cash balances | (12) | 10 |
| Cash, cash equivalents and restricted cash – end of period (Note 5) | $387 | $419 |
| Non-cash investing activity | ||
| Purchases of property, plant and equipment held in accounts payable | $44 | $72 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.