Veralto Corp
For the period ended Sep 27, 2024. Filed Oct 24, 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 27, 2024 · Filed Oct 24, 2024
VLTO$118.21+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated and Combined Condensed Statements of Cash Flows
($ in millions)
| Nine-Month Period Ended | ||
|---|---|---|
| September 27, 2024 | September 29, 2023 | |
| Cash flows from operating activities: | ||
| Net earnings | $606 | $639 |
| Noncash items: | ||
| Depreciation | 30 | 29 |
| Amortization of intangible assets | 28 | 36 |
| Stock-based compensation expense | 52 | 35 |
| Loss on product line dispositions, net | 15 | — |
| Impairment of equity method investment | — | 15 |
| Change in trade accounts receivable, net | (7) | (2) |
| Change in inventories | (26) | 28 |
| Change in trade accounts payable | (10) | (85) |
| Change in prepaid expenses and other assets | (16) | (1) |
| Change in accrued expenses and other liabilities | (82) | 6 |
| Net cash provided by operating activities | 590 | 700 |
| Cash flows from investing activities: | ||
| Payments for additions to property, plant and equipment | (33) | (32) |
| Proceeds from sales of property, plant and equipment | — | 2 |
| All other investing activities | (7) | (3) |
| Net cash used in investing activities | (40) | (33) |
| Cash flows from financing activities: | ||
| Payment of dividends | (67) | — |
| Proceeds from the issuance of common stock | 18 | — |
| Net proceeds from borrowings (maturities longer than 90 days) | — | 2,608 |
| Consideration paid to Former Parent in connection with Separation | — | (2,600) |
| Net transfers to Former Parent | — | (240) |
| Net cash used in financing activities | (49) | (232) |
| Effect of exchange rate changes on cash and cash equivalents | 4 | (9) |
| Net change in cash and cash equivalents | 505 | 426 |
| Beginning balance of cash and cash equivalents | 762 | — |
| Ending balance of cash and cash equivalents | $1,267 | $426 |
| Supplemental disclosures: | ||
| Cash interest payments | $137 | $— |
| Cash income tax payments | $209 | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.