ALSN: the cash flow

MyFinsight

For the year ending 2025-12-31, ALSN had $714M increase in cash & cash equivalents over the period. $661M in free cash flow.

Cash Flow	2025-12-31
Income before income taxes	804
Income tax expense	181
Net income	623
Depreciation of property, plant and equipment	117
Deferred income taxes	64
Loss associated with impairment of long-lived assets	29
Stock-based compensation	27
Unrealized (gain) loss on marketable securities	12
Amortization of deferred financing costs	8
Amortization of intangible assets	7
Unrealized loss on foreign exchange	-3
Pension plan settlement loss	0
Technology-related investments loss (gain)	0
Other	3
Accounts receivable	-34
Inventories	-3
Accounts payable	-36
Other assets and liabilities	28
Net cash provided by operating activities	836
Additions of long-lived assets	175
Investment in equity method investee	5
Investment in debt securities	3
Investment in equities without a readily determinable fair value	1
Proceeds from sale of assets	0
Proceeds from technology-related investments	0
Net cash used for investing activities	-184
Issuance of long-term debt	500
Repurchases of common stock	328
Dividend payments	91
Taxes paid related to net share settlement of equity awards	15
Debt financing fees	12
Proceeds from exercise of stock options	8
Payments on long-term debt	5
Net cash provided by (used for) financing activities	57
Effect of exchange rate changes on cash	5
Net increase in cash and cash equivalents	714
Cash and cash equivalents at beginning of period	781
Cash and cash equivalents at end of period	1,495

Unit: Million (M) dollars (except for numbers of shares and EPS).