For the year ending 2025-12-31, KALU had -$11M decrease in cash & cash equivalents over the period. -$25.5M in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net sales | 3,373 |
| Hedged cost of alloyed metal | 1,919.8 |
| Manufacturing costs | 694.5 |
| Plant overhead | 181.5 |
| Freight costs | 84.1 |
| Other cost of products sold | 50.7 |
| Depreciation and amortization | 122.5 |
| Research and development costs | 1.4 |
| Employee costs | 92.4 |
| Other selling, general and administrative costs | 35.4 |
| Restructuring costs | 1.9 |
| Other operating charges, net | 0 |
| Interest expense | 50.1 |
| Other income, net - note 13 | 11.3 |
| Income tax benefit (provision) | 37.5 |
| Net (loss) income | 112.5 |
| Depreciation of property, plant and equipment | 118 |
| Amortization of definite-lived intangible assets | 4.5 |
| Amortization and write-off of debt issuance costs | 4.5 |
| Deferred income taxes | 33.1 |
| Non-cash equity compensation | 18.5 |
| Non-cash asset impairment charges | 2 |
| Gain on disposition of property, plant and equipment and asset write-offs, net | 7.1 |
| Bad debt expense | -0.4 |
| Non-cash postretirement and postemployment defined benefit plan cost | 9.5 |
| Trade and other receivables | 81.9 |
| Contract assets | -10 |
| Inventories | 125.3 |
| Prepaid expenses and other current assets | -1 |
| Accounts payable | 15.1 |
| Accrued liabilities | 13.4 |
| Annual variable cash contributions to salaried veba | 0.7 |
| Long-term assets and liabilities, net | 16.1 |
| Net cash provided by operating activities | 111.4 |
| Capital expenditures | 136.9 |
| Purchase of equity securities | 0.4 |
| Proceeds from sale of equity securities | 6.4 |
| Proceeds from disposition of property, plant and equipment | 53.1 |
| Net cash used in investing activities | -77.8 |
| Borrowings under the revolving credit facility | 653.3 |
| Repayment of borrowings under the revolving credit facility | 631 |
| Issuance of 5.875 senior notes | 500 |
| Repayment of principal of 4.625 senior notes | 500 |
| Cash paid for debt issuance costs | 10.1 |
| Repayment of finance lease | 2.5 |
| Cancellation of shares to cover tax withholdings upon common shares issued | 3 |
| Cash dividends and dividend equivalents paid | 51.3 |
| Net cash used in financing activities | -44.6 |
| Net (decrease) increase in cash, cash equivalents and restricted cash during the period | -11 |
KAISER ALUMINUM CORP (KALU)
KAISER ALUMINUM CORP (KALU)