Cash flow Statement (Quarterly, GAAP
in millions $) |
(Dec 31 2023) 12 Months |
(Sep 30 2023) 9 Months |
(Jun 30 2023) 6 Months |
(Mar 31 2023) 3 Months |
(Dec 31 2022) 12 Months |
Income |
-506.98 |
-396.07 |
-262.35 |
-129.56 |
-557.52 |
Depreciation & amortization |
11.67 |
10.13 |
7.26 |
3.68 |
11.74 |
Amortization of Other Assets |
- |
- |
- |
- |
- |
Increase (Decrease) in Deferred Revenue
|
- |
- |
- |
- |
- |
Restructuring & Impairment Charges |
- |
- |
- |
- |
- |
Provision for Loan, Lease, and Other Losses |
- |
- |
- |
- |
- |
Increase (Decrease) in Inventories |
-4.37 |
-5.20 |
-8.11 |
0.08 |
-8.92 |
R & D, Environmental and Other Expense |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets |
- |
- |
- |
- |
- |
Share-based Compensation |
92.67 |
70.09 |
47.02 |
23.20 |
98.97 |
Income (Loss) from Equity Method Investments |
- |
- |
- |
- |
- |
Fair Value Adjustment of Warrants |
- |
- |
- |
- |
- |
Increase Decrease In Contract With Customer Liability |
-10.28 |
-9.96 |
-11.10 |
-19.95 |
-14.44 |
Accretion Of Premiums And Discounts On Investments |
- |
- |
- |
- |
- |
Lease Right Of Use Asset Amortization |
6.76 |
4.46 |
2.20 |
6.21 |
9.59 |
Noncash Interest Expense |
11.89 |
8.30 |
4.64 |
8.39 |
- |
Increase Decrease In Customer Assets |
13.02 |
10.29 |
9.90 |
9.28 |
- |
Income taxes |
1.15 |
2.34 |
-3.61 |
-0.70 |
2.62 |
Losses/ -gains on Investments net |
- |
- |
- |
- |
- |
Increase (Decrease) in Accounts Receivable |
-20.72 |
-18.97 |
-13.11 |
-4.95 |
1.57 |
Increase (Decrease) in Accounts Payable |
1.88 |
4.24 |
4.22 |
7.81 |
-5.82 |
Increase (Decrease) in Accrued Liabilities |
1.08 |
-15.10 |
-25.69 |
-23.69 |
9.37 |
Deferred Revenue and Customer Advances and Deposits |
- |
- |
- |
- |
- |
Increase (Decrease) in Prepaid Expense and Other Assets |
3.21 |
-2.45 |
1.68 |
5.74 |
-16.94 |
Other Working Capital |
-11.95 |
-8.96 |
-8.66 |
-7.66 |
-16.32 |
Other Noncash Items |
- |
- |
- |
- |
- |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
-28.10 |
-19.37 |
-5.16 |
-2.56 |
-35.60 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
-436.85 |
-357.92 |
-253.44 |
-122.96 |
-502.28 |
Capital Expenditures |
-16.06 |
-11.39 |
-5.14 |
-2.58 |
-8.92 |
Sale of Capital Items |
- |
- |
- |
- |
- |
Proceeds from Maturities, Prepayments and Calls of Available-for-sale Securities |
1,056.47 |
855.37 |
617.77 |
308.25 |
349.37 |
Payments to Acquire Available-for-sale Securities, Debt |
-766.36 |
-648.71 |
-407.77 |
-132.88 |
-489.71 |
Real Estate Investments |
- |
- |
- |
- |
- |
Increase (Decrease) in Restricted Cash |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Loans |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Deposits |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investments |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Federal Reserve and Federal Home Loan Bank |
- |
- |
- |
- |
- |
Acquisition Net of Cash Acquired |
- |
- |
- |
- |
- |
Interest in Subsidiaries and Affiliates |
- |
- |
- |
- |
- |
Sale of businesses |
- |
- |
- |
- |
- |
Accounts payable |
- |
- |
- |
- |
- |
Receivables |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investing Activities |
- |
- |
- |
- |
-0.29 |
Other Net |
0.00 |
0.00 |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
274.04 |
195.27 |
204.86 |
172.79 |
-149.54 |
Short-term debt Net |
- |
- |
- |
- |
- |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
- |
- |
- |
- |
- |
Long-term debt - repayments |
97.93 |
97.97 |
- |
- |
553.61 |
Federal Home Loan Bank and Federal Funds |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
- |
- |
- |
- |
- |
Partnership and Parent Transactions |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Deposits, Annuities, Contract Holders Funds |
- |
- |
- |
- |
- |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
-125.50 |
-126.83 |
-127.51 |
-124.90 |
-215.44 |
Payment Of Offering Costs |
- |
- |
- |
- |
- |
Net Proceeds From Stock Option Exercises And Employee Stock Purchase Plan |
5.73 |
5.30 |
- |
5.69 |
3.76 |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents |
124.90 |
124.90 |
124.90 |
215.12 |
215.12 |
Capital Expenditures Incurred But Not Yet Paid |
1.92 |
2.60 |
- |
0.20 |
1.83 |
Payments of Dividends, Preferred Stock and Preference Stock |
- |
- |
- |
- |
- |
Dividends paid |
- |
- |
- |
- |
- |
Net Cash flow from
Financing Activities |
119.23 |
103.70 |
5.30 |
- |
561.81 |
Effect of exchange rate on cash flow |
0.20 |
-0.29 |
0.26 |
0.20 |
-0.21 |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
-452.91 |
-369.31 |
-258.57 |
-125.55 |
-511.20 |
Total Cash Flow |
-43.58 |
-58.95 |
-43.28 |
49.83 |
-90.01 |
Cash & cash equiv. at beg.
of the Year |
- |
- |
- |
- |
- |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
-0.05 |
0.76 |
0.68 |
0.31 |
6.51 |