For the quarter ending 2026-03-31, ASH had $39M increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | 16 | -12 | 32 | -877 |
| Income from discontinued operations, net of income taxes | 1 | 2 | -1 | -22 |
| Depreciation and amortization | 45 | 48 | 50 | 187 |
| Original issue discount and debt issuance costs amortization | 2 | 2 | 2 | 5 |
| Goodwill impairment | - | - | 0 | 706 |
| Deferred income taxes | 2 | 1 | 68 | 5 |
| Gain from sales of property, plant and equipment | 0 | 2 | 5 | 11 |
| Income from affiliates | 0 | 0 | - | 1 |
| Stock based compensation expense | 5 | 4 | 3 | 11 |
| Loss from excess tax deduction on stock based compensation | 0 | 2 | 3 | - |
| (income) loss from restricted investments | -2 | 7 | 18 | 15 |
| Loss on pension plan remeasurements | - | - | - | 1 |
| Asset impairments | - | - | 0 | - |
| Loss on divestitures, net | 0 | 0 | -1 | -176 |
| Pension contributions | 3 | 2 | 3 | 9 |
| Loss on pension and other postretirement plan remeasurements | 0 | 0 | -3 | - |
| Change in operating assets and liabilities | 18 | -98 | 85 | 106 |
| Total cash flows provided (used) by operating activities from continuing operations | 50 | 125 | 40 | 94 |
| Additions to property, plant and equipment | 17 | 14 | 34 | 64 |
| Proceeds from disposal of property, plant and equipment | 0 | 4 | 5 | 11 |
| Proceeds from sale or restructuring of operations | - | - | 16 | - |
| Proceeds from sale of operations | -16 | - | - | 16 |
| Proceeds from settlement of company-owned life insurance contracts | 15 | 5 | 7 | 5 |
| Other investing cash flows | - | - | 0 | 0 |
| Company-owned life insurance payments | 0 | 1 | 4 | 1 |
| Funds restricted for specific transactions | 0 | 7 | 0 | 8 |
| Reimbursements from restricted investments | 18 | 15 | 21 | 41 |
| Proceeds from sale of securities | 15 | 12 | 20 | 36 |
| Purchases of securities | 15 | 12 | 18 | 36 |
| Total cash flows provided (used) by investing activities from continuing operations | 16 | 2 | -3 | 0 |
| Repurchase of common stock | 0 | - | 0 | 100 |
| Proceeds from short-term debt | 0 | - | 0 | 0 |
| Cash dividends paid | 19 | 19 | 19 | 57 |
| Stock based compensation employee withholding taxes paid in cash | 0 | 2 | -1 | 4 |
| Total cash flows used by financing activities from continuing operations | -19 | -21 | -18 | -161 |
| Cash provided (used) by continuing operations | 47 | 106 | 19 | -67 |
| Operating cash flows | -9 | -16 | -13 | -27 |
| Total cash used by discontinued operations | -9 | -16 | -13 | -27 |
| Effect of currency exchange rate changes on cash and cash equivalents | 1 | -1 | 2 | 1 |
| Increase (decrease) in cash and cash equivalents | 39 | 89 | 8 | -93 |
| Cash and cash equivalents - beginning of period | 304 | 215 | 300 | - |
| Cash and cash equivalents - end of period | 343 | 304 | 215 | - |
ASHLAND INC. (ASH)
ASHLAND INC. (ASH)