SOLV: the cashflow

MyFinsight

For the quarter ending 2025-09-30, SOLV had $1,148M increase in cash & cash equivalents over the period. -$21M in free cash flow.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Cash Flow	2025-09-30	2025-06-30	2025-03-31	2024-12-31
Net income	1,266	90	137	31
Depreciation and amortization	121	122	129	150
Pension and postretirement benefit expense	17	17	15	4
Stock-based compensation expense	41	34	49	25
Gain on sale of business	1,518	-	-	0
Purification and filtration transaction costs	-86	-	-	-
Deferred income taxes	130	-33	-144	-62
Accounts receivable	-51	21	-6	-29
Due from related parties	-33	1	-5	-33
Inventories	57	45	32	33
Accounts payable	51	14	9	66
Due to related parties	24	0	-6	-172
Accrued compensation	38	48	-95	-
All other operating activities net	-35	-56	-44	148
Net cash provided by operating activities	76	169	29	219
Purchases of property, plant and equipment	97	110	109	127
Proceeds from sale of business	3,870	-	-	0
Other net	7	0	5	0
Net cash provided by (used in) investing activities	3,766	-110	-114	-127
Repayment of debt	2,770	100	100	100
Net transfers to 3m	-9	-1	31	4
Proceeds from long-term debt, net of issuance costs	0	0	0	0
Other net	68	-11	-8	0
Net cash used in financing activities	-2,693	-110	-139	-104
Effect of exchange rate changes on cash and cash equivalents	-1	6	1	2
Net increase (decrease) in cash and cash equivalents	1,148	-45	-223	-10
Cash and cash equivalents at beginning of period	762	-	-	772
Cash and cash equivalents at end of period	1,642	-	-	762

Unit: Million (M) dollars