TEST: the cash flow

MyFinsight

For the quarter ending 2024-03-30, TEST had $119.5M increase in cash & cash equivalents over the period.

Cash Flow	2024-03-30
Net earnings	269.6
Depreciation	18.2
Amortization of other intangible assets	6.3
Provision for losses on finance receivables	18.2
Provision for losses on non-finance receivables	4.9
Stock-based compensation expense	9.8
Deferred income tax provision (benefit)	1.6
Gain on sales of assets	0.2
Trade and other accounts receivable	47.9
Contract receivables	4
Inventories	-22.1
Prepaid expenses and other current assets	3.5
Accounts payable	23.3
Accrued and other liabilities	30.3
Net cash provided by operating activities	348.7
Additions to finance receivables	248
Collections of finance receivables	207.8
Capital expenditures	21.8
Disposals of property and equipment	1.1
Other	2.3
Net cash used by investing activities	-63.2
Net increase (decrease) in other short-term borrowings	-0.4
Cash dividends paid	98.2
Purchases of treasury stock	70.2
Proceeds from stock purchase plan and stock option exercises	28.3
Other	-23.7
Net cash used by financing activities	-164.2
Effect of exchange rate changes on cash and cash equivalents	-1.8
Increase in cash and cash equivalents	119.5
Cash and cash equivalents at beginning of period	1,001.5
Cash and cash equivalents at end of period	1,121

Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.