UL Solutions
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of UL Solutions generated cash of $467,000,000, which is more than the previous year. Cash used in financing activities reached the amount of -$294,000,000 last year. Net change in cash is therefore -$7,000,000.
Cash Flow
| 2019 | 386M | -164M | -22M |
|---|---|---|---|
| 2020 | 487M | -344M | -20M |
| 2021 | 421M | 178M | -228M |
| 2022 | 372M | -238M | -1.11B |
| 2023 | 467M | -175M | -294M |
ULS Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 322M | 1.32B | 971M | 0 | 653M |
Operating activities | |||||
Net income | 260M | 293M | 224M | 231M | 246M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 154M | 135M | 142M | 147M | 96M |
Stock-based compensation expense | 0 | -1M | 0 | 0 | 22M |
| Deferred income tax benefit | 0 | -1M | 0 | 0 | 22M |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 6M | -15M | -1M | -10M | -76M |
Inventories | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 1M | -18M | 30M | 8M | 0 |
Cash generated by operating activities | 467M | 372M | 421M | 487M | 386M |
Investing activities | |||||
Purchases Of Investments | -95M | -10M | -47M | -253M | 0 |
Investments In Property Plant And Equipment | -215M | -164M | -107M | -119M | -149M |
Acquisitions Net | -18M | -65M | -39M | 0 | -38M |
Cash generated by investing activities | -175M | -238M | 178M | -344M | -164M |
Financing activities | |||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | -680M | -1.6B | -200M | 0 | -7M |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 410M | 500M | 0 | 0 | 0 |
Cash used in financing activities | -294M | -1.11B | -228M | -20M | -22M |
Net Change In Cash | -7M | -1.00B | 357M | 123M | 191M |
Cash at end of period | 315M | 322M | 1.32B | 123M | 844M |