Amcor plc
For the period ended Sep 30, 2024. Filed Nov 1, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 1, 2024
AMCR$45.19+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
| Three Months Ended September 30, | ||
|---|---|---|
| ($ in millions) | 2024 | 2023 |
| Cash flows from operating activities: | ||
| Net income | $193 | $154 |
| Adjustments to reconcile net income to net cash used in operating activities: | ||
| Depreciation, amortization, and impairment | 141 | 149 |
| Net periodic benefit cost | 4 | 4 |
| Amortization of debt discount and other deferred financing costs | 3 | 3 |
| Equity in loss of affiliated companies | — | 1 |
| Net foreign exchange (gain)/loss | (2) | 7 |
| Share-based compensation | 5 | (5) |
| Other, net | 12 | 15 |
| Loss from highly inflationary accounting for Argentine subsidiaries | 8 | 33 |
| Deferred income taxes, net | (2) | (6) |
| Changes in operating assets and liabilities, excluding effect of acquisitions, divestitures, and currency | (631) | (490) |
| Net cash used in operating activities | (269) | (135) |
| Cash flows from investing activities: | ||
| Investments in affiliated companies and other | — | (3) |
| Business acquisitions | (11) | (19) |
| Purchase of property, plant, and equipment, and other intangible assets | (145) | (124) |
| Proceeds from sales of property, plant, and equipment, and other intangible assets | 1 | 4 |
| Net cash used in investing activities | (155) | (142) |
| Cash flows from financing activities: | ||
| Proceeds from issuance of shares | 13 | — |
| Purchase of treasury shares and tax withholdings for share-based incentive plans | (47) | (46) |
| Proceeds from issuance of long-term debt | 3 | — |
| Repayment of long-term debt | (2) | (17) |
| Net borrowing of commercial paper | 446 | 388 |
| Net borrowing of short-term debt | 7 | 25 |
| Repayment of lease liabilities | (3) | (3) |
| Share buybacks/cancellations | — | (30) |
| Dividends paid | (180) | (176) |
| Net cash provided by financing activities | 237 | 141 |
| Effect of exchange rates on cash and cash equivalents | 31 | (29) |
| Net decrease in cash and cash equivalents | (156) | (165) |
| Cash and cash equivalents balance at beginning of year | 588 | 689 |
| Cash and cash equivalents balance at end of period | $432 | $524 |
| Supplemental cash flow information: | ||
| Interest paid, net of amounts capitalized | $43 | $57 |
| Income taxes paid | $75 | $53 |
| Supplemental non-cash disclosures relating to investing and financing activities: | ||
| Purchase of property, plant, and equipment, accrued but unpaid | $69 | $58 |
| Contingent purchase considerations related to acquired businesses, accrued but not paid | $17 | $35 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.