# TRINITY INDUSTRIES INC (TRN) FY2026 Q2 Statement of Cash Flows

- Company: TRINITY INDUSTRIES INC (TRN)
- Period: 2026-04-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-07-30, accession number 0000099780-26-000119
- Page: https://plicit.ai/financials/trn/fy2026-q2-cash-flow
- Chart image: https://plicit.ai/charts/trn-fy2026-q2-cash-flow-sankey.png

## Chart details

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Mar 31, 2026**: 252,600,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 68,900,000 US dollars. Net cash provided.
- **Net income**: 98,300,000 US dollars
- **Increase (decrease) in accounts payable**: 9,000,000 US dollars
- **Gain (Loss) on Sale of Property, Plant and Equipment, Railroad Transportation Equipment**: negative 8,200,000 US dollars
- **(Increase) decrease in inventories**: negative 50,400,000 US dollars
- **Other**: 4,600,000 US dollars
- **Provision (benefit) for deferred income taxes**: 29,000,000 US dollars
- **Loss from discontinued operations, net of benefit for income taxes of $1.1, $0.5, $1.7, and $1.1**: 3,900,000 US dollars
- **Increase (decrease) in accrued liabilities**: 37,700,000 US dollars
- **(Increase) decrease in receivables**: negative 16,700,000 US dollars
- **Gains on dispositions of property and other assets**: negative 1,200,000 US dollars
- **(Increase) decrease in other assets**: negative 4,300,000 US dollars
- **Depreciation and amortization**: 71,500,000 US dollars
- **Increase (decrease) in other liabilities**: 1,800,000 US dollars
- **Non-cash interest expense**: 2,400,000 US dollars
- **Stock-based compensation expense**: 5,500,000 US dollars
- **(Increase) decrease in income tax receivable**: 21,500,000 US dollars
- **Gain on Divestiture of Partially-owned Leasing Subsidiary**: negative 131,600,000 US dollars
- **Loss on extinguishment of debt**: 0 US dollars
- **Net cash used in operating activities – discontinued operations**: negative 3,900,000 US dollars
- **Investing activities**: negative 111,600,000 US dollars. Net cash used.
- **Proceeds From Sale Of Property Subject To Or Available For Operating Lease**: 31,000,000 US dollars
- **Capital expenditures – operating and administrative**: negative 11,700,000 US dollars
- **Proceeds from dispositions of property and other assets**: 2,900,000 US dollars
- **Capital expenditures – lease fleet**: negative 89,300,000 US dollars
- **Cash Divested from Deconsolidation**: negative 6,900,000 US dollars
- **Payments to Acquire Equity Method Investments**: negative 37,600,000 US dollars
- **Financing activities**: 60,000,000 US dollars. Net cash provided.
- **Payments to settle contingent consideration liability**: 0 US dollars
- **Payments to retire debt**: negative 441,200,000 US dollars
- **Purchase of shares to satisfy employee tax on vested stock**: negative 9,100,000 US dollars
- **Payments for Repurchase of Common Stock**: negative 13,100,000 US dollars
- **Dividends paid to common shareholders**: negative 25,700,000 US dollars
- **Distributions to noncontrolling interest**: 0 US dollars
- **Proceeds from Debt, Net of Issuance Costs**: 549,100,000 US dollars
- **Operating adjustment reconciliation**: 216,300,000 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**: 549,100,000 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**: 145,500,000 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 Jun 30, 2026**: 269,900,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 381,500,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 17,300,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 0.70×. 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**: 68,900,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 11,700,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 57,200,000 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 $68.90M of net income directly to operating cash and $29.40M 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: 68,900,000 US dollars minus 11,700,000 US dollars equals 57,200,000 US dollars.