Tronox Holdings Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-325	-49	-200	497	286	969
Depreciation & Amortization	318	312	294	269	297	304
Other Amortization	16	16	13	8	11	10
Asset Writedown & Restructuring Costs	153	-	-	-	-	-
Stock-Based Compensation	18	21	22	26	31	30
Other Operating Activities	87	117	243	-187	133	-806
Change in Accounts Receivable	40	-18	22	233	-108	-49
Change in Inventory	-177	-115	-151	-255	53	-21
Change in Accounts Payable	-67	1	-52	-5	53	17
Change in Income Taxes	-	10	-24	5	9	-2
Change in Other Net Operating Assets	-51	-4	7	7	-25	-97
Operating Cash Flow	12	291	174	598	740	355
Operating Cash Flow Growth	-96.23%	67.24%	-70.90%	-19.19%	108.45%	-19.50%
Capital Expenditures	-390	-370	-261	-428	-272	-195
Sale of Property, Plant & Equipment	3	27	6	13	2	1
Other Investing Activities	-	-	-	-	1	1
Investing Cash Flow	-372	-343	-255	-415	-269	-229
Short-Term Debt Issued	-	55	86	142	-	13
Long-Term Debt Issued	-	260	413	396	2,472	500
Total Debt Issued	653	315	499	538	2,472	513
Short-Term Debt Repaid	-	-18	-148	-113	-	-13
Long-Term Debt Repaid	-	-263	-73	-516	-3,212	-233
Total Debt Repaid	-205	-281	-221	-629	-3,212	-246
Net Debt Issued (Repaid)	448	34	278	-91	-740	267
Issuance of Common Stock	-	-	-	-	8	-
Repurchase of Common Stock	-	-	-	-50	-3	-3
Common Dividends Paid	-59	-80	-80	-79	-58	-40
Other Financing Activities	-9	-16	-12	-30	-84	-10
Financing Cash Flow	380	-62	186	-250	-877	214
Foreign Exchange Rate Adjustments	-2	-7	4	-1	-10	-3
Net Cash Flow	18	-121	109	-68	-416	337
Free Cash Flow	-378	-79	-87	170	468	160
Free Cash Flow Growth	-	-	-	-63.68%	192.50%	-34.16%
Free Cash Flow Margin	-13.29%	-2.57%	-3.05%	4.92%	13.10%	5.80%
Free Cash Flow Per Share	-2.39	-0.50	-0.56	1.08	2.96	1.10
Cash Interest Paid	151	151	143	-	-	-
Cash Income Tax Paid	3	10	54	60	47	17
Levered Free Cash Flow	-260	-124.25	-109.63	24.25	523.63	127
Unlevered Free Cash Flow	-141.25	-11.13	-4.25	94.38	610.75	235.13
Change in Working Capital	-255	-126	-198	-15	-18	-152

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