PHINIA INC.
For the period ended Dec 31, 2025. Filed Feb 12, 2026.
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.
FY2025 · Filed Feb 12, 2026
PHIN$71.07+1.1%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
| Year Ended December 31, | |||
|---|---|---|---|
| (in millions) | 2025 | 2024 | 2023 |
| OPERATING | |||
| Net cash provided by operating activities (see Note 25) | $312 | $308 | $250 |
| INVESTING | |||
| Capital expenditures, including tooling outlays | (124) | (105) | (150) |
| Payments for businesses acquired, net of cash acquired | (9) | — | — |
| Insurance proceeds received for damage to property, plant and equipment | — | 3 | — |
| Payments for investment in equity securities | — | (1) | (2) |
| Proceeds from asset disposals and other, net | 1 | 2 | 2 |
| Net cash used in investing activities | (132) | (101) | (150) |
| FINANCING | |||
| Proceeds from issuance of long-term debt, net of discount | — | 975 | 708 |
| Payments for debt issuance costs | — | (15) | (14) |
| Borrowings (repayments) under revolving facilities | 1 | (75) | 75 |
| Repayments of debt, including current portion | (24) | (722) | (4) |
| Repayment of acquired debt | (32) | — | — |
| Dividends paid to PHINIA Inc. stockholders | (42) | (44) | (23) |
| Payments for purchase of treasury stock, including excise tax | (202) | (212) | (24) |
| Payments for stock-based compensation items | (11) | (3) | (1) |
| Cash outflows related to debt due to Former Parent | — | — | (728) |
| Cash inflows related to debt due from Former Parent | — | — | 36 |
| Net transfers to Former Parent | — | — | (5) |
| Net cash (used in) provided by financing activities | (310) | (96) | 20 |
| Effect of exchange rate changes on cash | 5 | 8 | (6) |
| Net (decrease) increase in cash and cash equivalents | (125) | 119 | 114 |
| Cash and cash equivalents at beginning of year | 484 | 365 | 251 |
| Cash and cash equivalents at end of year | $359 | $484 | $365 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.