For the quarter ending 2026-03-31, SHW had $9,700K increase in cash & cash equivalents over the period. $800K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 534,700 | 476,800 | 833,100 | 754,700 |
| Depreciation | 98,300 | 98,300 | 82,800 | 79,300 |
| Non-cash lease expense | 124,000 | 124,400 | 121,400 | 139,300 |
| Amortization of intangible assets | 88,500 | 88,100 | 84,100 | 83,400 |
| Gain on divestiture of business | - | 0 | - | - |
| Loss on extinguishment of debt | - | 0 | - | - |
| Impairment | - | 17,800 | - | - |
| Provisions for environmental-related matters - net | 100 | 1,200 | 10,600 | 400 |
| Other postretirement benefit plan net cost | - | - | -4,200 | -4,100 |
| Provisions for restructuring | - | 111,000 | - | - |
| Deferred income taxes | -3,200 | 97,800 | 94,200 | -20,100 |
| Stock-based compensation expense | 29,500 | 32,000 | 30,900 | 34,000 |
| Amortization of non-traded investments | 31,400 | 23,100 | 23,500 | 28,700 |
| Loss (gain) on sale or disposition of assets | -1,500 | 23,800 | -1,500 | -3,600 |
| Noncash Income Expense | -5,500 | -9,800 | 18,900 | -4,900 |
| (increase) decrease in accounts receivable | - | 162,800 | - | - |
| Decrease (increase) in inventories | - | -132,500 | - | - |
| (decrease) increase in accounts payable | - | -37,800 | - | - |
| Decrease in accrued taxes | - | -22,500 | - | - |
| (decrease) increase in accrued compensation and taxes withheld | - | -25,900 | - | - |
| (increase) decrease in refundable income taxes | - | 16,100 | - | - |
| Other | - | 74,800 | - | - |
| Change in working capital accounts - net | 629,200 | - | 203,500 | -159,100 |
| Change in operating lease liabilities | -118,700 | -120,900 | -121,500 | -137,200 |
| Costs incurred for environmental-related matters | 7,300 | 7,300 | 9,900 | 7,700 |
| Costs incurred for restructuring | - | 71,300 | - | - |
| Operating Activities Cash Flow Statement | 28,400 | -1,900 | -9,000 | -5,700 |
| Net operating cash | 139,100 | 1,092,500 | 1,307,600 | 1,112,600 |
| Capital expenditures | 138,300 | 230,400 | 196,400 | 181,500 |
| Acquisition of business, net of cash acquired | 0 | 1,092,000 | -2,100 | 39,000 |
| Proceeds from divestiture of business | - | 0 | - | - |
| Proceeds from sale of assets | - | 10,700 | 0 | 0 |
| Other | 32,200 | -1,140,100 | 1,143,100 | 20,600 |
| Net investing cash | -170,500 | -171,600 | -1,337,400 | -241,100 |
| Net increase in short-term borrowings | 1,180,900 | -646,700 | 140,300 | -92,000 |
| Proceeds from long-term debt | - | 0 | 1,499,200 | - |
| Payments of long-term debt | 350,000 | 0 | 800,000 | 0 |
| Payments for credit facility and debt issuance costs | - | -100 | 13,600 | - |
| Payments of cash dividends | 197,100 | 195,800 | 195,700 | 197,900 |
| Proceeds from stock options exercised | 47,600 | 22,100 | 67,900 | 24,400 |
| Treasury stock purchased | 575,600 | 118,000 | 668,200 | 518,500 |
| Proceeds from real estate financing transactions | 0 | 0 | 0 | 0 |
| Other | -58,200 | -4,000 | -23,400 | -26,000 |
| Net financing cash | 47,600 | -942,300 | 6,500 | -810,000 |
| Effect of exchange rate changes on cash and cash equivalents | -6,500 | -12,900 | -5,000 | 8,500 |
| Net increase (decrease) in cash and cash equivalents | 9,700 | -34,300 | -28,300 | 70,000 |
| Cash and cash equivalents at beginning of year | 207,200 | 241,500 | 269,800 | 199,800 |
| Cash and cash equivalents at end of period | 216,900 | 207,200 | 241,500 | 269,800 |
SHERWIN WILLIAMS CO (SHW)
SHERWIN WILLIAMS CO (SHW)