Company: AWK
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0001410636-25-000083
Chunk: 30

Company: American Water Works Company, Inc.
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 1
Chunk 30
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audited)

(In millions)

 For the Three Months Ended March 31, 20252024Net income attributable to common shareholders$205 $185 Other comprehensive (loss) income, net of tax:  Unrealized (loss) gain on cash flow hedges, net of tax of $(3) and $3 for the three months ended March 31, 2025 and 2024, respectively(8)19 Unrealized loss on available-for-sale fixed-income securities, net of tax of $(1) and $1 for the three months ended March 31, 2025 and 2024, respectively(2)(1)Net other comprehensive (loss) income(10)18 Comprehensive income attributable to common shareholders$195 $203 

The accompanying notes are an integral part of these Consolidated Financial Statements.

7

American Water Works Company, Inc. and Subsidiary Companies

Consolidated Statements of Cash Flows (Unaudited)

(In millions)

 For the Three Months Ended March 31, 20252024CASH FLOWS FROM OPERATING ACTIVITIES  Net income$205 $185 Adjustments to reconcile to net cash flows provided by operating activities:  Depreciation and amortization216 188 Deferred income taxes and amortization of investment tax credits16 8 Provision for losses on accounts receivable10 5 Pension and non-pension postretirement benefits(2)— Other non-cash, net(21)4 Changes in assets and liabilities:  Receivables and unbilled revenues25 (2)Income tax receivable2 60 Pension contributions(11)(11)Accounts payable and accrued liabilities(131)(61)Accrued taxes73 24 Other assets and liabilities, net(51)(18)Net cash provided by operating activities331 382 CASH FLOWS FROM INVESTING ACTIVITIES  Capital expenditures(548)(609)Acquisitions, net of cash acquired(3)(86)Removal costs from property, plant and equipment retirements, net(29)(38)Purchases of available-for-sale fixed-income securities(27)— Proceeds from sales and maturities of available-for-sale fixed-income securities39 — Net cash used in investing activities(568)(733)CASH FLOWS FROM FINANCING ACTIVITIES  Proceeds from long-term debt, net of