For the year ending 2025-12-31, PHIN had -$125M decrease in cash & cash equivalents over the period. $188M in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net cash provided by operating activities (see note 25) | 312 |
| Capital expenditures, including tooling outlays | 124 |
| Payments for businesses acquired, net of cash acquired | 9 |
| Insurance proceeds received for damage to property, plant and equipment | 0 |
| Payments for investment in equity securities | 0 |
| Proceeds from asset disposals and other, net | 1 |
| Net cash used in investing activities | -132 |
| Payments for debt issuance costs | 0 |
| Borrowings (repayments) under revolving facilities | 1 |
| Repayments of debt, including current portion | 24 |
| Repayment of acquired debt | 32 |
| Dividends paid to phinia inc. stockholders | 42 |
| Payments for purchase of treasury stock, including excise tax | 202 |
| Payments for stock-based compensation items | -11 |
| Cash outflows related to debt due to former parent-Related Party | 0 |
| Cash inflows related to debt due from former parent-Related Party | 0 |
| Net cash (used in) provided by financing activities | -310 |
| Effect of exchange rate changes on cash | 5 |
| Net (decrease) increase in cash and cash equivalents | -125 |
| Cash and cash equivalents at beginning of period | 484 |
| Cash and cash equivalents at end of period | 359 |
PHINIA INC. (PHIN)
PHINIA INC. (PHIN)