Packaging Corporation of America (FRA:PKA)

FRA:PKA Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	805.1	765.2	1,030	841.1
Depreciation & Amortization	520.9	499.4	447.1	409.2
Other Amortization	4.8	6.1	6.1	8
Loss (Gain) From Sale of Assets	19.5	9.1	15.2	6.1
Asset Writedown & Restructuring Costs	2.2	14.4	5.7	4.7
Stock-Based Compensation	48.8	40	35.6	35.5
Other Operating Activities	0.5	-12.3	40.6	76.9
Change in Accounts Receivable	-110.7	-1.4	39.3	-227.2
Change in Inventory	-111.8	-35.8	-75.2	-105.5
Change in Accounts Payable	18.3	11.4	-18.1	12.2
Change in Income Taxes	-5.9	31.4	-28.4	-2.1
Change in Other Net Operating Assets	-0.5	-12.4	-2.7	35.2
Operating Cash Flow	1,191	1,315	1,495	1,094
Operating Cash Flow Growth	-9.42%	-12.03%	36.64%	5.93%
Capital Expenditures	-669.7	-469.7	-824.2	-605.1
Sale of Property, Plant & Equipment	1.3	1.6	2.2	7.9
Cash Acquisitions	-	-	-	-194.9
Investment in Securities	392.5	-404.4	-7.4	-0.5
Other Investing Activities	-1.9	-2.6	-4.3	-1.8
Investing Cash Flow	-277.8	-875.1	-833.7	-794.4
Long-Term Debt Issued	-	397.1	-	690.2
Long-Term Debt Repaid	-401.9	-1.9	-1.7	-757.7
Net Debt Issued (Repaid)	-401.9	395.2	-1.7	-67.5
Repurchase of Common Stock	-25.7	-57.2	-538	-205.9
Common Dividends Paid	-448.8	-448.9	-420.3	-379.8
Other Financing Activities	-	-1.1	-	-2.4
Financing Cash Flow	-876.4	-112	-960	-655.6
Net Cash Flow	37	328	-298.7	-355.9
Free Cash Flow	521.5	845.4	670.8	489
Free Cash Flow Growth	-38.31%	26.03%	37.18%	-20.05%
Free Cash Flow Margin	6.22%	10.84%	7.91%	6.33%
Free Cash Flow Per Share	5.83	9.45	7.24	5.17
Cash Interest Paid	107.7	84.8	85.6	149.6
Cash Income Tax Paid	269.4	212.3	277.4	210.5
Levered Free Cash Flow	402.51	719.16	459.86	349.64
Unlevered Free Cash Flow	426.09	750.28	501.76	403.68
Change in Working Capital	-210.6	-6.8	-85.1	-287.4

Source: S&P Global Market Intelligence. Standard template. Financial Sources.