Atmus Filtration Technologies Inc
For the period ended Dec 31, 2023. Filed Feb 14, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 14, 2024
ATMU$55.26+0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
| For the Years EndedDecember, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES | |||
| Net income | $171.3 | $170.4 | $170.1 |
| Adjustments to reconcile net income to operating cash flows: | |||
| Depreciation and amortization | 21.5 | 21.6 | 21.6 |
| Deferred income taxes | (10.0) | (12.7) | (2.7) |
| Equity in income of investees, net of dividends | (7.8) | 0.4 | (2.8) |
| Foreign currency remeasurement and transaction exposure | (4.5) | (1.9) | (5.8) |
| Changes in current assets and liabilities: | |||
| Trade and other receivables | (9.4) | (15.6) | 0.2 |
| Related party receivables | (0.7) | (2.7) | (8.0) |
| Inventories | (4.3) | (9.7) | (43.5) |
| Prepaid expenses and other current assets | (8.9) | (6.1) | 10.2 |
| Accounts payable | 24.1 | 12.6 | 20.5 |
| Related party payables | (19.7) | 5.9 | 28.3 |
| Other accrued expenses | 30.2 | 0.8 | 19.4 |
| Changes in other liabilities | 0.3 | (5.7) | 3.4 |
| Other, net | 6.9 | 8.4 | (1.0) |
| Net cash provided by operating activities | 189.0 | 165.7 | 209.9 |
| CASH USED IN INVESTING ACTIVITIES | |||
| Capital expenditures | (45.8) | (37.5) | (33.4) |
| Net cash used in investing activities | (45.8) | (37.5) | (33.4) |
| CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES | |||
| Long-term debt proceeds | 650.0 | — | — |
| Payments on long-term debt | (50.0) | — | — |
| Net transfers to Parent | (579.5) | (128.2) | (176.5) |
| Other, net | 4.3 | — | — |
| Net cash provided by (used in) financing activities | 24.8 | (128.2) | (176.5) |
| Net increase in cash and cash equivalents | 168.0 | — | — |
| Cash and cash equivalents at beginning of period | — | — | — |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD | $168.0 | $— | $— |
| SUPPLEMENTAL CASH FLOW INFORMATION: | |||
| Non-cash investing and financing activities: | |||
| Non-cash settlements with Parent | $29.4 | $— | $— |
| Non-cash Capital expenditures | $(1.5) | $(4.1) | $(1.5) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.