DANA INC
For the period ended Sep 30, 2024. Filed Oct 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.
Sep 30, 2024 · Filed Oct 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)
| Nine Months Ended | ||
|---|---|---|
| September 30, | ||
| 2024 | 2023 | |
| Operating activities | ||
| Net income | $27 | $92 |
| Depreciation | 304 | 287 |
| Amortization | 16 | 17 |
| Amortization of deferred financing charges | 4 | 4 |
| Write-off of deferred financing costs | 1 | |
| Earnings of affiliates, net of dividends received | (4) | (4) |
| Stock compensation expense | 21 | 19 |
| Deferred income taxes | 18 | (46) |
| Pension expense, net | 1 | 4 |
| Change in working capital | (261) | (169) |
| Loss on disposal group previously held for sale | 26 | |
| Other, net | (4) | (7) |
| Net cash provided by operating activities | 148 | 198 |
| Investing activities | ||
| Purchases of property, plant and equipment | (227) | (359) |
| Proceeds from sale of property, plant and equipment | 7 | |
| Settlements of undesignated derivatives | (5) | (10) |
| Other, net | 20 | (14) |
| Net cash used in investing activities | (205) | (383) |
| Financing activities | ||
| Net change in short-term debt | (15) | |
| Proceeds from long-term debt | 1 | 458 |
| Repayment of long-term debt | (35) | (207) |
| Deferred financing payments | (9) | |
| Dividends paid to common stockholders | (43) | (43) |
| Distributions to noncontrolling interests | (17) | (10) |
| Collection of note receivable from redeemable noncontrolling interest | 11 | |
| Contributions from redeemable noncontrolling interests | 18 | 18 |
| Other, net | 9 | (3) |
| Net cash (used in) provided by financing activities | (56) | 189 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | (113) | 4 |
| Cash, cash equivalents and restricted cash – beginning of period | 563 | 442 |
| Effect of exchange rate changes on cash balances | (15) | (6) |
| Cash, cash equivalents and restricted cash – end of period (Note 5) | $435 | $440 |
| Non-cash investing activity | ||
| Purchases of property, plant and equipment held in accounts payable | $53 | $68 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.