Stock Analysis on Net

Kellanova (NYSE:K)

This company has been moved to the archive! The financial data has not been updated since August 1, 2024.

Cash Flow Statement 
Quarterly Data

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Kellanova, consolidated cash flow statement (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: Jun 29, 2024 Mar 30, 2024 Dec 30, 2023 Sep 30, 2023 Jul 1, 2023 Apr 1, 2023 Dec 31, 2022 Oct 1, 2022 Jul 2, 2022 Apr 2, 2022 Dec 31, 2021 Oct 2, 2021 Jul 3, 2021 Apr 3, 2021 Dec 31, 2020 Sep 26, 2020 Jun 27, 2020 Mar 28, 2020 Dec 28, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019
Net income 347 271 30 270 362 302 (100) 312 326 424 434 305 385 371 208 352 354 350 152 248 292 285
Depreciation and amortization 95 86 81 112 110 116 127 113 119 119 121 114 120 112 124 121 117 117 124 117 119 124
Impairment of property 60
Postretirement benefit plan expense (benefit) (8) (18) 158 (73) (17) (15) 429 (52) (64) (73) (280) 25 (69) (68) 36 (55) (19) (39) 69 (93) (27) (38)
Deferred income taxes 1 29 (21) 9 (3) (6) (72) (6) (10) 42 121 (46) 33 17 12 34 15 8 253 (229) 16 7
Stock compensation 20 21 33 19 21 22 40 21 19 16 18 11 19 20 21 18 18 19 14 13 16 13
Loss on Russia Divestiture 113
Other (18) 36 31 19 (10) (26) (24) (20) 28 (15) (32) (10) 13 18 (22) (6) (11) 34 61 9 (8)
Distribution from postretirement benefit plan 175
Tax payment related to divestitures (255)
Postretirement benefit plan contributions (10) (22) (29) (2) (6) (5) (6) (5) (5) (7) (5) (5) (8) (2) (13) (7) (6) (6) (9) (7) (7) (5)
Trade receivables (4) (173) 187 (36) (83) (110) 269 (183) (159) (184) 187 (58) 17 (155) 188 52 29 (194) 108 (14) (10) (229)
Inventories 9 (4) 70 52 44 (27) (68) (37) (146) (160) (32) (14) (39) (50) 3 (24) (34) 1 (14) 22 (18) 12
Accounts payable 77 (14) (308) 7 (48) 9 (90) 33 261 207 (4) 59 21 118 (117) 3 61 44 (9) (29) 45 (16)
All other current assets and liabilities (133) (83) 13 266 (12) (32) 203 157 (85) 11 99 (17) (141) (87) 150 51 102 (216) 316 15 (75)
Changes in operating assets and liabilities, net of acquisitions and divestitures (51) (274) (38) 289 (99) (128) 79 16 113 (222) 162 86 (18) (228) (13) 181 107 (47) (131) 295 32 (308)
Adjustments to reconcile net income to operating cash flows 29 93 215 486 6 (26) 571 63 152 (97) 122 153 67 (136) 185 270 226 41 99 157 158 (215)
Net cash provided by operating activities 376 364 245 756 368 276 471 375 478 327 556 458 452 235 393 622 580 391 251 405 450 70
Additions to properties (142) (155) (171) (167) (136) (203) (138) (83) (129) (138) (145) (107) (128) (173) (179) (108) (106) (112) (150) (142) (146) (148)
Issuance of notes receivable 1 (5) (22) 1 (9) (20) (1) (18)
Repayments from notes receivable 10 28 8 6
Purchases of marketable securities (2) (175) (50) (200)
Sales of marketable securities 13 250
Investments in unconsolidated entities (10)
Purchases of available for sale securities (6) (4) (5) (2) (5) (8) (2) (5) (51) (3) (2) (6) (5) (5) (65) (2) (9) (7)
Sales of available for sale securities 49 5 5 5 5 5 8 1 3 63 1 5 6 6 2 5 67 9 7
Settlement of net investment hedges (7) 39 12 17 37 9 18 (7) (1)
Collateral paid on derivatives 18 (3) (15) 10 93 (90) (13) 9 11 (20)
Other 10 4 (7) 10 (2) 1 11 (4) 3 3 (15) 11 25 (16) (15) 17 (3) (12) (7) 1,335 (18) (15)
Net cash (used in) provided by investing activities (121) (333) (90) (128) (139) (205) (136) 6 (206) (112) (143) (55) (141) (189) 64 (134) (313) (202) (157) 1,258 (164) (163)
Net issuances (reductions) of notes payable (30) 115 (231) (108) (10) 3 293 (146) (130) 313 (360) (107) 124 326 (15) (4) (536) 549 (34) (382) (38) 429
Issuances of long-term debt 619 (492) 495 401 39 361 3 554 40 12 28
Reductions of long-term debt (650) (2) (553) (6) (5) (216) (615) (5) (3) (25) (4) (30) (612) (4) (1,184) (5) (37) (3) (9) (1,000)
Debt redemption costs (20) (17)
Net issuances of common stock 22 23 9 6 26 19 33 71 133 40 13 12 20 18 7 45 14 46 24 28 5 7
Common stock repurchases (110) (60) (300) (240) (220)
Cash dividends (192) (191) (190) (206) (202) (202) (201) (202) (197) (197) (198) (198) (197) (195) (196) (196) (195) (195) (195) (194) (188) (192)
Proceeds received from debt issued and retained by WK Kellogg Co 663
Cash retained by WK Kellogg Co at separation (78)
Other (1) (3) (8) (2) (15) (38) 35 (15) (2) (17) (16) (2) (4) (53) (43) 80 (1) (8)
Net cash provided by (used in) financing activities (232) (58) (990) 179 (266) (33) (416) (282) (212) (171) (566) (339) (306) (95) (1,409) (213) (243) 477 (174) (1,554) (201) 24
Effect of exchange rate changes on cash and cash equivalents 7 (5) 10 (16) (2) 10 7 (49) (50) (17) (1) (19) (1) 5 58 7 7 (47) 24 4 (17) 20
Increase (decrease) in cash and cash equivalents 30 (32) (825) 791 (39) 48 (74) 50 10 27 (154) 45 4 (44) (894) 282 31 619 (56) 113 68 (49)

Based on: 10-Q (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-K (reporting date: 2023-12-30), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-02), 10-Q (reporting date: 2021-07-03), 10-Q (reporting date: 2021-04-03), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-26), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-28), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30).

Cash flow statement item Description The company
Net cash provided by operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Kellanova net cash provided by operating activities increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.
Net cash (used in) provided by investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Kellanova net cash (used in) provided by investing activities decreased from Q4 2023 to Q1 2024 but then increased from Q1 2024 to Q2 2024 not reaching Q4 2023 level.
Net cash provided by (used in) financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Kellanova net cash provided by (used in) financing activities increased from Q4 2023 to Q1 2024 but then slightly decreased from Q1 2024 to Q2 2024.