For the year ending 2025-12-28, HAS had $81,600K increase in cash & cash equivalents over the period. $829,900K in free cash flow.
| Cash Flow | 2025-12-28 | 2024-12-29 | 2023-12-31 | 2022-12-25 |
|---|---|---|---|---|
| Net (loss) earnings | -318,200 | 394,400 | -1,487,800 | 203,000 |
| Depreciation of property, plant and equipment | 69,500 | 94,700 | 127,700 | 127,300 |
| Loss on disposal of business | -25,000 | -37,400 | -539,000 | -22,100 |
| Impairment of goodwill | 1,021,900 | 0 | 1,191,200 | - |
| Impairment of intangibles and production assets | 0 | 0 | 116,000 | 281,000 |
| Loss on discovery family channel investment | 0 | -78,200 | 0 | 0 |
| Fair value adjustment on discovery option | - | - | 0 | 0 |
| Inventory obsolescence | 49,300 | 22,400 | 91,200 | - |
| Amortization of intangible assets | 66,000 | 68,300 | 83,000 | 105,300 |
| Program cost amortization | 35,800 | 49,300 | 448,900 | 555,500 |
| Deferred income taxes | 158,300 | -20,600 | -243,500 | -130,100 |
| Share-based compensation | 80,400 | 50,800 | 72,400 | 83,400 |
| Other non-cash items | -25,500 | -13,000 | 6,100 | -3,200 |
| Net change in accounts receivable | 150,200 | -77,300 | -15,500 | -339,600 |
| Net change in inventories | 25,400 | -22,100 | -257,100 | 139,500 |
| Net change in prepaid expenses and other current assets | 40,700 | -58,900 | -34,700 | -17,000 |
| Program production costs | 10,200 | 25,300 | 408,000 | 767,700 |
| Net change in accounts payable and accrued liabilities | -35,100 | -78,800 | -109,700 | -278,700 |
| Change in net deemed repatriation tax | -57,400 | -45,900 | -34,400 | -18,400 |
| Other | 1,300 | -51,200 | 38,400 | -30,100 |
| Net cash provided by operating activities | 893,200 | 847,400 | 725,600 | 372,900 |
| Additions to property, plant and equipment | 63,300 | 87,200 | 209,300 | 174,200 |
| Additions to software development | 135,000 | 110,300 | - | - |
| Acquisitions, net of cash acquired | - | 0 | 0 | 146,300 |
| Net (settlement) proceeds from sale of business, net of cash transferred | 0 | -12,000 | 329,600 | 0 |
| Purchase of investments | 105,400 | 571,000 | - | - |
| Maturity of investments | 0 | 583,000 | - | - |
| Other | -19,300 | 6,200 | 2,700 | -7,500 |
| Net cash (utilized) provided by investing activities | -284,400 | -203,700 | 117,600 | -313,000 |
| Proceeds from borrowings | 0 | 498,600 | 2,600 | 3,800 |
| Repayments of borrowings | 118,200 | 581,300 | 359,600 | 206,000 |
| Net repayments of other short-term borrowings | 0 | 0 | -41,600 | 141,700 |
| Purchases of common stock | - | 0 | 0 | 125,000 |
| Stock-based compensation transactions | - | - | 0 | 74,200 |
| Share-based compensation transactions | 9,600 | 7,600 | - | - |
| Dividends paid | 392,500 | 389,900 | 388,000 | 385,300 |
| Payments related to tax withholding for share-based compensation | 23,700 | 14,400 | 16,800 | 24,000 |
| Redemption of equity instruments | - | - | - | 0 |
| Debt extinguishment costs | - | - | 0 | 0 |
| Payment of financing costs | 0 | 5,300 | - | - |
| Other | -6,500 | -12,800 | -14,700 | -32,700 |
| Net cash utilized by financing activities | -531,300 | -497,500 | -818,100 | -553,300 |
| Effect of exchange rate changes on cash | 4,100 | 3,400 | 7,200 | -12,700 |
| Net increase in cash, cash equivalents and restricted cash | 81,600 | 149,600 | 32,300 | -506,100 |
| Cash, cash equivalents and restricted cash, beginning of year | 695,000 | 545,400 | 513,100 | 1,019,200 |
| Cash, cash equivalents and restricted cash, end of year | 776,600 | 695,000 | 545,400 | 513,100 |
HASBRO, INC. (HAS)
HASBRO, INC. (HAS)