The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 580 | 372 | 385 | 407 |
| Depreciation and amortization | 74 | 73 | 72 | 69 |
| Deferred income taxes | 15 | -58 | 63 | -6 |
| Restructuring and other credits | -93 | 88 | 0 | 0 |
| Net realized and unrealized losses | -4 | -5 | -6 | -6 |
| Net periodic pension cost | 11 | 11 | 10 | 11 |
| Stock-based compensation | 21 | 14 | 20 | 25 |
| Loss on debt redemption | - | -15 | 0 | - |
| Other | -3 | -5 | -1 | 1 |
| Increase in receivables | 164 | -71 | 10 | -19 |
| Increase in inventories | 110 | -45 | 14 | 32 |
| (increase) decrease in prepaid expenses and other current assets | 12 | -1 | 17 | 18 |
| Increase in accounts payable, trade | 220 | -90 | -57 | 16 |
| Decrease in accrued expenses | -100 | 98 | 45 | 44 |
| Increase in taxes, including income taxes | 26 | -3 | 17 | -80 |
| Pension contributions | - | 40 | 15 | 15 |
| Increase in noncurrent assets | 5 | 8 | 4 | 1 |
| Decrease in noncurrent liabilities | -17 | 55 | 29 | 2 |
| Cash provided from operations | 453 | 654 | 531 | 446 |
| Net change in commercial paper | 450 | - | - | - |
| Additions to debt | 1,200 | 500 | 0 | - |
| Repurchases and payments on debt | 0 | 625 | 63 | 76 |
| Debt issuance costs | 12 | 5 | 0 | - |
| Premiums paid on early redemption of debt | - | 15 | 0 | - |
| Repurchasesofcommonstock | 300 | 200 | 200 | 175 |
| Proceeds from exercise of employee stock options | - | 0 | 0 | 0 |
| Dividends paid to shareholders | 48 | 50 | 48 | 41 |
| Taxes paid for net share settlement of equity awards | 64 | 1 | 1 | 44 |
| Redemption of preferred stock | - | 55 | - | - |
| Other | 0 | 2 | -2 | -3 |
| Cash provided from (used for) financing activities | 1,226 | -449 | -314 | -339 |
| Capital expenditures | 94 | 124 | 108 | 102 |
| Acquisitions, net of cash acquired | 118 | 0 | - | - |
| Proceeds from the sale of assets and businesses | 225 | 0 | 1 | 3 |
| Additions to investments | - | 0 | 9 | - |
| Sale of investments | 2 | 2 | 13 | - |
| Other | 1 | 0 | 1 | -2 |
| Cash provided from (used for) investing activities | 14 | -122 | -104 | -97 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 0 | 0 | 1 | -1 |
| Net change in cash, cash equivalents and restricted cash | 1,693 | 83 | 114 | 9 |
| Cash, cash equivalents and restricted cash at beginning of period | 743 | 660 | 546 | 537 |
| Cash, cash equivalents and restricted cash at end of period | 2,436 | 743 | 660 | 546 |
Howmet Aerospace Inc. (HWM)
Howmet Aerospace Inc. (HWM)