For the quarter ending 2026-03-31, AXTA had -$46M decrease in cash & cash equivalents over the period. $18M in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 91 | 60 | 110 | 209 |
| Depreciation and amortization | 76 | 77 | 74 | 144 |
| Amortization of deferred financing costs and original issue discount | 2 | 2 | 2 | 4 |
| Debt extinguishment and refinancing-related costs | - | 2 | 0 | 0 |
| Deferred income taxes | 11 | 17 | 17 | 11 |
| Realized and unrealized foreign exchange (gains) losses, net | 4 | 0 | -2 | -29 |
| Stock-based compensation | 7 | 6 | 6 | 13 |
| Impairment charges | - | 1 | - | - |
| Interest income on swaps designated as net investment hedges | 3 | 4 | 2 | 7 |
| Other non-cash, net | -2 | 5 | -2 | -6 |
| Trade accounts and notes receivable | 32 | -145 | 1 | 47 |
| Inventories | 20 | -86 | -3 | 56 |
| Prepaid expenses and other assets | 27 | -3 | 43 | 89 |
| Accounts payable | 90 | -62 | -80 | 65 |
| Other accrued liabilities | -96 | 7 | 40 | -111 |
| Other liabilities | -29 | 9 | 7 | -3 |
| Cash provided by operating activities | 68 | 344 | 137 | 168 |
| Acquisitions, net of cash acquired | 8 | 42 | 0 | 6 |
| Purchase of property, plant and equipment | 50 | 58 | 50 | 88 |
| Interest proceeds on swaps designated as net investment hedges | 3 | 4 | 2 | 7 |
| Settlement proceeds on swaps designated as net investment hedges | - | 0 | - | - |
| Payments for loans to customers | - | 7 | 3 | - |
| Proceeds received on loans to customers | 4 | - | - | - |
| Other investing activities, net | 2 | -13 | -12 | -4 |
| Cash used for investing activities | -53 | -90 | -39 | -83 |
| Proceeds from short-term borrowings | - | 0 | - | - |
| Proceeds from long-term borrowings | - | 0 | 0 | 0 |
| Payments on short-term borrowings | - | 0 | 0 | 0 |
| Purchases of common stock | - | 0 | 100 | 65 |
| Payments on long-term borrowings | 55 | 205 | 15 | 10 |
| Financing-related costs | - | 1 | 0 | 0 |
| Deferred acquisition-related consideration | - | 1 | - | - |
| Net cash flows associated with stock-based awards | 6 | 0 | 1 | 2 |
| Other financing activities, net | 0 | 1 | -1 | -1 |
| Cash used for financing activities | -61 | -206 | -117 | -78 |
| Decrease in cash | -46 | 48 | -19 | 7 |
| Effect of exchange rate changes on cash | -3 | 2 | 26 | - |
| Cash at beginning of period | 660 | 610 | 596 | - |
| Cash at end of period | 611 | 660 | 610 | - |
Axalta Coating Systems Ltd. (AXTA)
Axalta Coating Systems Ltd. (AXTA)