The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 1,508 | 1,155 | 765 | 469 |
| Depreciation and amortization | 283 | 277 | 272 | 265 |
| Deferred income taxes | 17 | 55 | 108 | 79 |
| Restructuring and other charges | 84 | 21 | 23 | 56 |
| Net realized and unrealized losses | -22 | -25 | -22 | -18 |
| Net periodic pension cost | 42 | 40 | 37 | 24 |
| Stock-based compensation | 73 | 63 | 50 | 54 |
| Loss on debt redemption | -15 | -6 | -2 | -2 |
| Other | -8 | -1 | -3 | -12 |
| Increase in receivables | 109 | 57 | 164 | 161 |
| Increase in inventories | 50 | 106 | 142 | 234 |
| Increase in prepaid expenses and other current assets | 10 | 14 | 24 | 6 |
| Decrease in accounts payable, trade | -73 | -49 | -7 | 246 |
| Increase in accrued expenses | 96 | 5 | 37 | 23 |
| Decrease in taxes, including income taxes | -6 | -14 | -7 | -12 |
| Pension contributions | 70 | 79 | 36 | 43 |
| Increase in noncurrent assets | 14 | 3 | 4 | -1 |
| Increase (decrease) in noncurrent liabilities | 68 | -28 | -34 | -60 |
| Cash provided from operations | 1,884 | 1,298 | 901 | 733 |
| Net change in short-term borrowings | - | 0 | 0 | -5 |
| Additions to debt | 500 | 500 | 400 | 0 |
| Repurchases and payments on debt | 765 | 865 | 876 | 69 |
| Debt issuance costs | 5 | 5 | 2 | 0 |
| Premiums paid on early redemption of debt | 15 | 5 | 1 | 2 |
| Repurchases of common stock | 700 | 500 | 250 | 400 |
| Proceeds from exercise of employee stock options | 1 | 8 | 11 | 16 |
| Dividends paid to shareholders | 181 | 109 | 73 | 44 |
| Taxes paid for net share settlement of equity awards | 46 | 49 | 77 | - |
| Net cash transferred to arconic corporation at separation | - | - | - | 0 |
| Redemption of preferred stock | 55 | - | - | - |
| Other | -3 | -1 | - | -22 |
| Cash used for financing activities | -1,269 | -1,026 | -868 | -526 |
| Capital expenditures (c and s) | 453 | 321 | 219 | 193 |
| Acquisitions, net of cash acquired | 0 | 5 | - | - |
| Proceeds from the sale of assets and businesses | 9 | 9 | 2 | 58 |
| Proceeds from the sale of securities | - | - | 2 | 0 |
| Additions to investments | 9 | - | - | - |
| Cash receipts from sold receivables | - | - | 0 | 0 |
| Sale of investments | 15 | - | - | - |
| Other | 0 | -1 | 0 | 0 |
| Cash used for investing activities | -438 | -316 | -215 | -135 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 1 | -1 | 0 | -2 |
| Net change in cash, cash equivalents and restricted cash | 178 | -45 | -182 | 70 |
| Cash and cash equivalents at beginning of period | 565 | 610 | 792 | 722 |
| Cash and cash equivalents at end of period | 743 | 565 | 610 | 792 |
Howmet Aerospace Inc. (HWM)
Howmet Aerospace Inc. (HWM)