ULS: the cashflow

MyFinsight

For the quarter ending 2025-09-30.

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

Cash Flow	2025-09-30	2025-06-30
Net income	274	168
Depreciation and amortization	137	91
Gain on divestiture	0	0
Stock-based compensation	36	21
Losses on foreign exchange transactions	-7	-5
Deferred income taxes	5	1
Other, net	-18	-11
Accounts receivable	-4	26
Contract and other assets	62	48
Accounts payable	-23	-27
Accrued expenses	8	-38
Pension and postretirement benefit plans	-33	-5
Contract and other liabilities	85	148
Net cash flows provided by operating activities	456	301
Capital expenditures	139	93
Acquisitions, net of cash acquired	1	1
Proceeds from divestiture	0	0
Purchases of investments	58	14
Sales of investments	15	1
Net cash flows used in investing activities	-183	-107
Proceeds from long-term debt	284	150
Repayments of long-term debt	484	285
Dividends to stockholders of ul solutions	78	52
Dividends to non-controlling interest	17	17
Employee taxes paid on settlement of stock-based compensation	14	13
Other financing activities, net	-5	-4
Net cash flows used in financing activities	-314	-221
Effect of exchange rate changes on cash and cash equivalents	-2	1
Net decrease in cash and cash equivalents	-43	-26
Cash and cash equivalents at beginning of period	298	-
Cash and cash equivalents at end of period	255	-

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

ULS: the cashflow