MARRIOTT INTERNATIONAL INC /MD/ (MAR) FY2024 Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-07-01 to 2024-09-30

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MARRIOTT INTERNATIONAL INC /MD/ cash flow reconciliation, Jul 1, 2024 through Sep 30, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Calculated remaining financing cash flows are purple; remaining operating and investing bundles are gray. Their underlying inflows and outflows are not separately identified. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $584,000,000.00Other → Operating adjustments reconciliation: $224,000,000.00Working capital changes → Operating adjustments reconciliation: $112,000,000.00Depreciation, amortization, and other → Operating adjustments reconciliation: $71,000,000.00Stock-based compensation → Operating adjustments reconciliation: $63,000,000.00Liability for guest loyalty program - Loyalty program → Operating adjustments reconciliation: $46,000,000.00Remaining operating cash flows, net (calculated) → Operating adjustments reconciliation: $9,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $296,000,000.00Operating adjustments reconciliation → Contract acquisition costs: $135,000,000.00Operating adjustments reconciliation → Income taxes: $94,000,000.00Other → investing reconciliation: $7,000,000.00Dispositions → investing reconciliation: $3,000,000.00Loan collections → investing reconciliation: $2,000,000.00investing reconciliation → Capital and technology expenditures: $174,000,000.00investing reconciliation → Loan advances: $2,000,000.00Net cash used in financing activities → financing reconciliation: $670,000,000.00Issuance of long-term debt → financing reconciliation: $1,480,000,000.00Issuance of Class A Common Stock → financing reconciliation: $40,000,000.00financing reconciliation → Purchase of treasury stock: $1,020,000,000.00financing reconciliation → Commercial paper/Credit Facility, net: $990,000,000.00financing reconciliation → Dividends paid: $176,000,000.00financing reconciliation → Stock-based compensation withholding taxes: $2,000,000.00financing reconciliation → Repayment of long-term debt: $2,000,000.00Net cash used in investing activities → investing reconciliation: $164,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $370,000,000.00Net cash from operating activities → Cash sources and uses: $880,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $416,000,000.00Cash sources and uses → Net cash used in investing activities: $164,000,000.00Cash sources and uses → Net cash used in financing activities: $670,000,000.00Other: $224,000,000.00Other operating, net+$224.00 MDepreciation, amortization, and other: $71,000,000.00Depreciation, amort. & other+$71.00 MLiability for guest loyalty program - Loyalty program: $46,000,000.00Guest loyalty program liability+$46.00 MIncome taxes: -$94,000,000.00Income taxes−$94.00 MWorking capital changes: $112,000,000.00Working capital changes+$112.00 MNet income: $584,000,000.00Net income+$584.00 MStock-based compensation: $63,000,000.00Stock-based compensation+$63.00 MContract acquisition costs: -$135,000,000.00Contract acquisition costs−$135.00 MRemaining operating cash flows, net (calculated): $9,000,000.00Remaining operating (calculated)+$9.00 MNet cash from operating activities: $880,000,000.00Operating cash+$880.00 MOperating adjustments reconciliation: $525,000,000.00Issuance of long-term debt: $1,480,000,000.00Long-term debt issued+$1.48 BStock-based compensation withholding taxes: -$2,000,000.00Stock-award tax withholding−$2.00 MRepayment of long-term debt: -$2,000,000.00Long-term debt repaid−$2.00 MPurchase of treasury stock: -$1,020,000,000.00Common stock repurchases−$1.02 BOther: $0.00Dividends paid: -$176,000,000.00Common dividends paid−$176.00 MCommercial paper/Credit Facility, net: -$990,000,000.00Commercial paper & credit, net−$990.00 MIssuance of Class A Common Stock: $40,000,000.00Common stock issued+$40.00 MNet cash used in financing activities: -$670,000,000.00. Cash required to fund net payments.Financing cash−$670.00 Mfinancing reconciliation: $2,190,000,000.00Capital and technology expenditures: -$174,000,000.00PP&E purchases−$174.00 MLoan collections: $2,000,000.00Note receivable proceeds+$2.00 MLoan advances: -$2,000,000.00Loan advances−$2.00 MOther: $7,000,000.00Other investing, net+$7.00 MAsset acquisition: $0.00Dispositions: $3,000,000.00PP&E sales+$3.00 MNet cash used in investing activities: -$164,000,000.00. Cash required to fund net payments.Investing cash−$164.00 Minvesting reconciliation: $176,000,000.00Cash sources and uses: $1,250,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $370,000,000.00Beginning cash$370.00 MEnding cash: Cash, cash equivalents, and restricted cash: $416,000,000.00Ending cash$416.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$706.00 MOperating cash − cash spent on PP&ECash flow / Net income1.51×Operating cash flow ÷ net incomeNet cash change+$46.00 MEnding cash − beginning cash
Chart details

MARRIOTT INTERNATIONAL INC /MD/ cash flow reconciliation, Jul 1, 2024 through Sep 30, 2024

Cash flows for Jul 1, 2024 through Sep 30, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jun 30, 2024. 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 Jun 30, 2024
370,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
880,000,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the operating total. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Merger-related charges and other), so Restructuring and merger-related charges cannot be separated for this quarter. It may combine inflows and outflows.
Net income
584,000,000 US dollars
Other
224,000,000 US dollars
Depreciation, amortization, and other
71,000,000 US dollars
Liability for guest loyalty program - Loyalty program
46,000,000 US dollars
Income taxes
negative 94,000,000 US dollars
Working capital changes
112,000,000 US dollars
Stock-based compensation
63,000,000 US dollars
Contract acquisition costs
negative 135,000,000 US dollars
Remaining operating cash flows, net (calculated)
9,000,000 US dollars
Investing activities
negative 164,000,000 US dollars. Net cash used.
Capital and technology expenditures
negative 174,000,000 US dollars
Loan collections
2,000,000 US dollars
Loan advances
negative 2,000,000 US dollars
Other
7,000,000 US dollars
Asset acquisition
0 US dollars
Dispositions
3,000,000 US dollars
Financing activities
negative 670,000,000 US dollars. Net cash used.
Issuance of long-term debt
1,480,000,000 US dollars
Stock-based compensation withholding taxes
negative 2,000,000 US dollars
Repayment of long-term debt
negative 2,000,000 US dollars
Purchase of treasury stock
negative 1,020,000,000 US dollars
Other
0 US dollars
Dividends paid
negative 176,000,000 US dollars
Commercial paper/Credit Facility, net
negative 990,000,000 US dollars
Issuance of Class A Common Stock
40,000,000 US dollars
Operating adjustment reconciliation
525,000,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
financing gross reconciliation
2,190,000,000 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
176,000,000 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
0 US dollars
Ending cash on Sep 30, 2024
416,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
1,250,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
46,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.51×. 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
880,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
174,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
706,000,000 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 enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $296.00M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced 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: 880,000,000 US dollars minus 174,000,000 US dollars equals 706,000,000 US dollars.
MARRIOTT INTERNATIONAL INC /MD/ (MAR) FY2024 Q3 Statement of Cash Flows Sankey chart
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