CommScope Holding Company Inc
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 26, 2025
VISN$4.13+0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 8. Consolidated Statements of Cash Flows
(In millions)
| Year Ended December 31, | |||
|---|---|---|---|
| As Adjusted | |||
| 2024 | 2023 | 2022 | |
| Operating Activities: | |||
| Net loss | $(315.5) | $(1,506.8) | $(1,286.9) |
| Adjustments to reconcile net loss to net cash generated by operating activities: | |||
| Depreciation and amortization | 370.5 | 561.2 | 696.1 |
| Equity-based compensation | 29.1 | 47.3 | 61.1 |
| Deferred income taxes | 65.0 | (180.5) | (118.4) |
| Asset impairments | 19.2 | 1,244.0 | 1,119.6 |
| Changes in assets and liabilities: | |||
| Accounts receivable | (137.6) | 471.9 | (16.0) |
| Inventories | 152.5 | 391.3 | (178.8) |
| Prepaid expenses and other current assets | (55.9) | 45.1 | 30.9 |
| Accounts payable and other accrued liabilities | 143.5 | (720.2) | (43.2) |
| Other noncurrent assets | (20.6) | (27.4) | 8.2 |
| Other noncurrent liabilities | (18.1) | 75.5 | (88.8) |
| Other | 41.0 | (104.1) | 6.2 |
| Net cash generated by operating activities | 273.1 | 297.3 | 190.0 |
| Investing Activities: | |||
| Additions to property, plant and equipment | (25.3) | (60.7) | (101.3) |
| Proceeds from sale of property, plant and equipment | 0.2 | 71.2 | 0.1 |
| Acquisition of a business | (45.1) | — | — |
| Other | 13.0 | 20.4 | 19.1 |
| Net cash generated by (used in) investing activities | (57.2) | 30.9 | (82.1) |
| Financing Activities: | |||
| Long-term debt repaid | (4,338.6) | (32.0) | (365.0) |
| Long-term debt repurchases | — | (142.6) | — |
| Long-term debt proceeds | 4,350.0 | — | 333.0 |
| Cash paid for debt discount | (59.4) | — | — |
| Debt issuance costs | (33.1) | — | (7.2) |
| Dividends paid on Series A convertible preferred stock | — | — | (14.9) |
| Tax withholding payments for vested equity-based compensation awards | (1.9) | (9.1) | (14.8) |
| Other | — | 2.0 | 3.9 |
| Net cash used in financing activities | (83.0) | (181.7) | (65.0) |
| Effect of exchange rate changes on cash and cash equivalents | (13.4) | (0.8) | (5.1) |
| Change in cash and cash equivalents | 119.5 | 145.7 | 37.8 |
| Cash and cash equivalents at beginning of period | 543.8 | 398.1 | 360.3 |
| Cash and cash equivalents at end of period | $663.3 | $543.8 | $398.1 |
| (1) The cash flows related to discontinued operations have not been segregated. Accordingly, the Consolidated Statements of Cash Flows include the results of continuing and discontinued operations. | |||
| See notes to consolidated financial statements. | |||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.