MARTIN MARIETTA MATERIALS, INC. (MLM) 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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MARTIN MARIETTA MATERIALS, INC. 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. 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.Consolidated net earnings → Net cash from operating activities: $362,000,000.00Depreciation, depletion and amortization → Operating adjustments reconciliation: $152,000,000.00Other assets and liabilities, net → Operating adjustments reconciliation: $41,000,000.00Stock-based compensation expense → Operating adjustments reconciliation: $15,000,000.00Inventories, net → Operating adjustments reconciliation: $15,000,000.00Accounts payable → Operating adjustments reconciliation: $15,000,000.00Deferred income taxes, net → Operating adjustments reconciliation: $11,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $238,000,000.00Operating adjustments reconciliation → (Gain) Loss on divestitures and sales of assets: $5,000,000.00Operating adjustments reconciliation → Other items, net: $4,000,000.00Operating adjustments reconciliation → Accounts receivable, net: $2,000,000.00Proceeds from divestitures and sales of assets → investing reconciliation: $7,000,000.00investing reconciliation → Additions to property, plant and equipment: $283,000,000.00investing reconciliation → Other investing activities, net: $22,000,000.00Net cash used in financing activities → financing reconciliation: $359,000,000.00Borrowings of debt → financing reconciliation: $490,000,000.00financing reconciliation → Repayments of debt: $795,000,000.00financing reconciliation → Dividends paid: $49,000,000.00financing reconciliation → Payments on finance lease obligations: $4,000,000.00financing reconciliation → Distributions to owners of noncontrolling interest: $1,000,000.00Net cash used in investing activities → investing reconciliation: $298,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $109,000,000.00Net cash from operating activities → Cash sources and uses: $600,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $52,000,000.00Cash sources and uses → Net cash used in investing activities: $298,000,000.00Cash sources and uses → Net cash used in financing activities: $359,000,000.00Consolidated net earnings: $362,000,000.00Consolidated net earnings+$362.00 MDepreciation, depletion and amortization: $152,000,000.00Depreciation & amortization+$152.00 MStock-based compensation expense: $15,000,000.00Stock-based compensation+$15.00 M(Gain) Loss on divestitures and sales of assets: -$5,000,000.00Asset sale gain & loss−$5.00 MDeferred income taxes, net: $11,000,000.00Deferred income taxes+$11.00 MNoncash asset and portfolio rationalization charge: $0.00Other items, net: -$4,000,000.00Other non-cash items−$4.00 MAccounts receivable, net: -$2,000,000.00Accounts receivable−$2.00 MInventories, net: $15,000,000.00Inventories+$15.00 MAccounts payable: $15,000,000.00Trade payables+$15.00 MOther assets and liabilities, net: $41,000,000.00Other working capital, net+$41.00 MNet cash from operating activities: $600,000,000.00Operating cash+$600.00 MOperating adjustments reconciliation: $249,000,000.00Borrowings of debt: $490,000,000.00Long-term debt issued+$490.00 MRepayments of debt: -$795,000,000.00Long-term debt repaid−$795.00 MPayments on finance lease obligations: -$4,000,000.00Finance lease payments−$4.00 MDividends paid: -$49,000,000.00Common dividends paid−$49.00 MRepurchases of common stock: $0.00Distributions to owners of noncontrolling interest: -$1,000,000.00Noncontrolling dividends−$1.00 MProceeds from exercise of stock options: $0.00Shares withheld for employees' income tax obligations: $0.00Net cash used in financing activities: -$359,000,000.00. Cash required to fund net payments.Financing cash−$359.00 Mfinancing reconciliation: $849,000,000.00Additions to property, plant and equipment: -$283,000,000.00PP&E purchases−$283.00 MAcquisitions, net of cash acquired: $0.00Proceeds from divestitures and sales of assets: $7,000,000.00Business & asset sales+$7.00 MProceeds from sale of restricted investments related to discharge of long-term debt: $0.00Other investing activities, net: -$22,000,000.00Other investing, net−$22.00 MNet cash used in investing activities: -$298,000,000.00. Cash required to fund net payments.Investing cash−$298.00 Minvesting reconciliation: $305,000,000.00Cash sources and uses: $709,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $109,000,000.00Beginning cash$109.00 MEnding cash: Cash, cash equivalents, and restricted cash: $52,000,000.00Ending cash$52.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$317.00 MOperating cash − cash spent on PP&ECash flow / Net income1.66×Operating cash flow ÷ net incomeNet cash change−$57.00 MEnding cash − beginning cash
Chart details

MARTIN MARIETTA MATERIALS, INC. 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
109,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
600,000,000 US dollars. Net cash provided.
Consolidated net earnings
362,000,000 US dollars
Depreciation, depletion and amortization
152,000,000 US dollars
Stock-based compensation expense
15,000,000 US dollars
(Gain) Loss on divestitures and sales of assets
negative 5,000,000 US dollars
Deferred income taxes, net
11,000,000 US dollars
Noncash asset and portfolio rationalization charge
0 US dollars
Other items, net
negative 4,000,000 US dollars
Accounts receivable, net
negative 2,000,000 US dollars
Inventories, net
15,000,000 US dollars
Accounts payable
15,000,000 US dollars
Other assets and liabilities, net
41,000,000 US dollars
Investing activities
negative 298,000,000 US dollars. Net cash used.
Additions to property, plant and equipment
negative 283,000,000 US dollars
Acquisitions, net of cash acquired
0 US dollars
Proceeds from divestitures and sales of assets
7,000,000 US dollars
Proceeds from sale of restricted investments related to discharge of long-term debt
0 US dollars
Other investing activities, net
negative 22,000,000 US dollars
Financing activities
negative 359,000,000 US dollars. Net cash used.
Borrowings of debt
490,000,000 US dollars
Repayments of debt
negative 795,000,000 US dollars
Payments on finance lease obligations
negative 4,000,000 US dollars
Dividends paid
negative 49,000,000 US dollars
Repurchases of common stock
0 US dollars
Distributions to owners of noncontrolling interest
negative 1,000,000 US dollars
Proceeds from exercise of stock options
0 US dollars
Shares withheld for employees' income tax obligations
0 US dollars
Operating adjustment reconciliation
249,000,000 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
849,000,000 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
305,000,000 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
52,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
709,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 57,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.66×. 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
600,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
283,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
317,000,000 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 $238.00M 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.
  • Cash-flow net income is $362.00 M, derived by subtracting the earlier cumulative period; the income statement reports $363.00 M for the same period. The $1.00 M difference is rounding: the filing reports each amount rounded to the nearest million dollars, and the quarter is the difference of two rounded year-to-date amounts. Neither amount has been adjusted.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 600,000,000 US dollars minus 283,000,000 US dollars equals 317,000,000 US dollars.
  • Cash-flow net income is $362.00 M, derived by subtracting the earlier cumulative period; the income statement reports $363.00 M for the same period. The $1.00 M difference is rounding: the filing reports each amount rounded to the nearest million dollars, and the quarter is the difference of two rounded year-to-date amounts. Neither amount has been adjusted.
MARTIN MARIETTA MATERIALS, INC. (MLM) FY2024 Q3 Statement of Cash Flows Sankey chart
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