# Kenvue Inc. (KVUE) FY2024 Q3 Statement of Cash Flows

- Company: Kenvue Inc. (KVUE)
- Period: 2024-07-01 to 2024-09-29
- Filing: Q3 FY2024 10-Q, filed 2024-11-07, accession number 0001944048-24-000152
- Page: https://plicit.ai/financials/kvue/fy2024-q3-cash-flow
- Chart image: https://plicit.ai/charts/kvue-fy2024-q3-cash-flow-sankey.png

## Chart details

Cash flows for Jul 1, 2024 through Sep 29, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jun 30, 2024. Ending cash: Sep 29, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Jun 30, 2024**: 1,014,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 249,000,000 US dollars. Net cash provided.
- **Net income**: 383,000,000 US dollars
- **Employee related obligations**: negative 2,000,000 US dollars
- **Other current and non-current assets**: negative 6,000,000 US dollars
- **Accrued taxes on income**: 53,000,000 US dollars
- **Impairment charges**: 0 US dollars
- **Other**: 17,000,000 US dollars
- **Deferred income taxes**: negative 40,000,000 US dollars
- **Other liabilities**: negative 12,000,000 US dollars
- **Trade receivables**: negative 110,000,000 US dollars
- **Inventories**: 62,000,000 US dollars
- **Accounts payable and accrued liabilities**: negative 336,000,000 US dollars
- **Stock-based compensation**: 58,000,000 US dollars
- **Depreciation and amortization**: 182,000,000 US dollars
- **Investing activities**: negative 56,000,000 US dollars. Net cash used.
- **Proceeds from sale of assets**: 0 US dollars
- **Transfer of funds to J&J pursuant to the Facility Agreement**: 0 US dollars
- **Other investing activities**: 3,000,000 US dollars
- **Purchases of property, plant, and equipment**: negative 59,000,000 US dollars
- **Proceeds from J&J upon repayment of the Facility Agreement**: 0 US dollars
- **Financing activities**: negative 162,000,000 US dollars. Net cash used.
- **Distribution to J&J in connection with the Separation**: 0 US dollars
- **Proceeds from (payments of) loans and notes payables**: 1,000,000 US dollars
- **Proceeds from Commercial Paper Program, net of issuance cost**: 208,000,000 US dollars
- **Proceeds from issuance of Senior Notes, net of issuance cost**: 0 US dollars
- **Proceeds from Kenvue IPO, net**: 0 US dollars
- **Dividends paid**: negative 393,000,000 US dollars
- **Net transfers to J&J**: 0 US dollars
- **Other financing activities**: 45,000,000 US dollars
- **Purchases of treasury shares**: negative 23,000,000 US dollars
- **Operating adjustment reconciliation**: 506,000,000 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**: 416,000,000 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**: 59,000,000 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**: 12,000,000 US dollars
- **Ending cash on Sep 29, 2024**: 1,057,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 1,275,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 43,000,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 0.65×. 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**: 249,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 59,000,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 190,000,000 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 $249.00M of net income directly to operating cash and $134.00M 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: 249,000,000 US dollars minus 59,000,000 US dollars equals 190,000,000 US dollars.