Company: NGVT
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001653477-25-000015
Chunk: 846

Company: Ingevity Corp
Filing Date: 2025-02-19
Form: 10-K
Item: Item 4
Chunk 846
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.7 Accrued expenses(1.0)(7.7)0.8 Accrued payroll and employee benefits8.0 (33.5)5.4 Income taxes(13.8)6.4 4.9 Operating leases(21.7)(22.5)(18.8)Restructuring and other spending(59.3)(44.0)(13.8)CTO resales(46.1)(10.6)— Changes in all other operating assets and liabilities, net12.2 16.1 14.2 Net cash provided by (used in) operating activities$128.6 $205.1 $313.4 Cash provided by (used in) investing activities:Capital expenditures(77.6)(109.8)(142.5)Payments for acquired businesses, net of cash acquired— — (344.5)Proceeds from sale of strategic investment— 31.5 — Net investment hedge settlement— — 14.7 Purchase of strategic investments(0.3)(2.4)(77.4)Other investing activities, net(1.6)3.4 (2.2)Net cash provided by (used in) investing activities$(79.5)$(77.3)$(551.9)

The accompanying notes are an integral part of these financial statements.

INGEVITY CORPORATION

56

Consolidated Statements of Cash Flows (continued)Years Ended December 31,In millions202420232022Cash provided by (used in) financing activities:Proceeds from revolving credit facility and other borrowings404.5 376.3 1,164.7 Payments on revolving credit facility and other borrowings(470.6)(382.9)(336.7)Payments on long-term borrowings— — (628.1)Debt issuance costs— (0.4)(3.0)Debt repayment costs— — (3.8)Financing lease obligations, net(1.0)(0.7)(0.9)Tax payments related to withholdings on vested equity awards(3.1)(4.8)(2.2)Proceeds and withholdings from share-based compensation plans, net— 4.7 4.1 Repurchases of common stock under publicly announced plan— (92.1)(145.2)Other financing activities, net—