| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 63 | 98 | 245 | -26 |
| Depreciation, depletion and amortization | 728 | 675 | 659 | 613 |
| Impairment charges | NaN | NaN | 58 | 184 |
| Cash surrender value increase in excess of premiums paid | NaN | 10 | 14 | 15 |
| Impairment of assets | 35 | 246 | NaN | NaN |
| Cash surrender value increase in excess of premiums paid | 4 | NaN | NaN | NaN |
| Share-based compensation expense | 28 | 25 | 35 | 36 |
| Deferred income tax benefit | -36 | -51 | -12 | -98 |
| Pension and other postretirement funding more than cost | -27 | -28 | -24 | -36 |
| Other | -3 | 11 | 15 | 5 |
| Accounts receivable | 398 | -413 | -185 | 92 |
| Inventories | -101 | -94 | 4 | -7 |
| Other assets | 48 | -17 | -28 | 0 |
| Accounts payable | -44 | 119 | -107 | 82 |
| Income taxes | -48 | -79 | -1 | 79 |
| Accrued liabilities and other | -143 | -93 | 70 | 90 |
| Net cash provided by operating activities | 204 | 1,195 | 1,133 | 829 |
| Capital expenditures | 624 | 583 | 610 | 522 |
| Cash paid for purchase of businesses, net of cash acquired | 18 | 1 | 0 | 1 |
| Proceeds from corporate owned life insurance | 3 | 6 | 20 | NaN |
| Proceeds from sale of property, plant and equipment | 9 | -3 | 15 | 0 |
| Other | -3 | -2 | -7 | -3 |
| Net cash used for investing activities | -627 | -579 | -568 | -520 |
| Additions to debt | 48 | 1,479 | 12 | 203 |
| Repayments of debt | 29 | 1,695 | 25 | 56 |
| Debt issuance costs | 3 | 12 | 2 | 1 |
| Changes in commercial paper, net | 507 | -146 | -227 | -264 |
| Other debt additions (repayments), net | 5 | -2 | 2 | -2 |
| Repayments of finance lease liabilities | 14 | 14 | 6 | 7 |
| Proceeds from re-issuance of shares from treasury stock | 14 | NaN | NaN | NaN |
| Tax paid in connection with shares withheld from employees | 83 | 1 | 1 | 3 |
| Purchases of treasury stock | NaN | 0 | 0 | 0 |
| Cash dividends paid to shareholders | 237 | 225 | 225 | 225 |
| Other | 1 | -8 | 2 | 0 |
| Net cash provided by financing activities | 209 | -624 | -470 | -355 |
| Effect of exchange rate changes on cash and cash equivalents | -4 | 49 | -22 | 27 |
| Decrease in cash and cash equivalents | -218 | 41 | 73 | -19 |
| Cash and cash equivalents at beginning of period | 892 | 851 | 778 | 797 |
| Cash and cash equivalents at end of period | 674 | 892 | 851 | 778 |
Smurfit Westrock plc (SW)
Smurfit Westrock plc (SW)