# Keurig Dr Pepper Inc. (KDP) FY2024 YTD Q3 Statement of Cash Flows

- Company: Keurig Dr Pepper Inc. (KDP)
- Period: 2024-01-01 to 2024-09-30
- Filing: Q3 FY2024 10-Q, filed 2024-10-24, accession number 0001418135-24-000090
- Page: https://plicit.ai/financials/kdp/fy2024-ytd-q3-cash-flow
- Chart image: https://plicit.ai/charts/kdp-fy2024-ytd-q3-cash-flow-sankey.png

## Chart details

Cash flows for Jan 1, 2024 through Sep 30, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2023. Ending cash: Sep 30, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Dec 31, 2023**: 267,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 1,370,000,000 US dollars. Net cash provided.
- **Net income**: 1,585,000,000 US dollars
- **Depreciation expense**: 310,000,000 US dollars
- **Amortization of intangibles**: 100,000,000 US dollars
- **Other amortization expense**: 140,000,000 US dollars
- **Provision for sales returns**: 50,000,000 US dollars
- **Deferred income taxes**: 21,000,000 US dollars
- **Employee stock-based compensation expense**: 76,000,000 US dollars
- **Loss (gain) on disposal of property, plant and equipment**: 19,000,000 US dollars
- **Unrealized loss (gain) on foreign currency**: 14,000,000 US dollars
- **Unrealized loss on derivatives**: 23,000,000 US dollars
- **Equity in earnings of unconsolidated affiliates**: negative 22,000,000 US dollars
- **Earned equity from distribution arrangements**: negative 64,000,000 US dollars
- **Other, net**: 9,000,000 US dollars
- **Trade accounts receivable**: negative 148,000,000 US dollars
- **Inventories**: negative 220,000,000 US dollars
- **Income taxes receivable and payables, net**: negative 7,000,000 US dollars
- **Other current and non-current assets**: negative 204,000,000 US dollars
- **Accounts payable and accrued expenses**: negative 275,000,000 US dollars
- **Other current and non-current liabilities**: negative 37,000,000 US dollars
- **Settlements of interest rate contracts**: 0 US dollars
- **Impairment of intangible assets**: 0 US dollars
- **Investing activities**: negative 538,000,000 US dollars. Net cash used.
- **Other, net**: 0 US dollars
- **Investments in unconsolidated affiliates**: negative 7,000,000 US dollars
- **Purchase of intangibles**: negative 49,000,000 US dollars
- **Proceeds from sales of property, plant and equipment**: 1,000,000 US dollars
- **Purchases of property, plant and equipment**: negative 398,000,000 US dollars
- **Acquisitions of businesses**: negative 85,000,000 US dollars
- **Financing activities**: negative 504,000,000 US dollars. Net cash used.
- **Other, net**: negative 22,000,000 US dollars
- **Repayments of structured payables**: negative 89,000,000 US dollars
- **Tax withholdings related to net share settlements**: negative 58,000,000 US dollars
- **Repurchases of common stock**: negative 1,105,000,000 US dollars
- **Proceeds from issuance of Notes**: 3,000,000,000 US dollars
- **Payments on finance leases**: negative 83,000,000 US dollars
- **Proceeds from structured payables**: 39,000,000 US dollars
- **Net (repayment) issuance of commercial paper**: negative 153,000,000 US dollars
- **Repayments of Notes**: negative 1,150,000,000 US dollars
- **Cash dividends paid**: negative 883,000,000 US dollars
- **Operating adjustment reconciliation**: 977,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing gross reconciliation**: 3,543,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **investing gross reconciliation**: 539,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **Exchange-rate effect**: negative 35,000,000 US dollars
- **Ending cash on Sep 30, 2024**: 560,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 1,637,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 293,000,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 0.86×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
- **Operating cash flow**: 1,370,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 398,000,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 972,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net income exceeds operating cash. The diagram allocates $1.37B of net income directly to operating cash and $215.00M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of cash receipts.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 1,370,000,000 US dollars minus 398,000,000 US dollars equals 972,000,000 US dollars.