Company: VRT
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001628280-25-005905
Chunk: 161

Company: Vertiv Holdings Co
Filing Date: 2025-02-18
Form: 10-K
Item: Item 1
Chunk 161
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 in operating working capital114.1 66.7 (449.2)Other(3.9)43.4 (2.9)Net cash provided by (used for) operating activities1,319.3 900.5 (152.8)Cash flows from investing activities:Capital expenditures(167.0)(127.9)(100.0)Investments in capitalized software(17.1)(6.7)(11.0)Proceeds from disposition of property, plant and equipment— 12.4 3.9 Acquisition of business(17.6)(28.8)(5.0)Proceeds from sale of business— 11.9 — Net cash provided by (used for) investing activities(201.7)(139.1)(112.1)Cash flows from financing activities:Borrowings from ABL revolving credit facility and short-term borrowings270.0 224.9 790.8 Repayments of ABL revolving credit facility and short-term borrowings(270.0)(459.9)(555.8)Repayment of long-term debt(21.1)(27.1)(16.4)Payment of debt issuance costs— — (0.6)Payment of tax receivable agreement— — (100.0)Payment of contingent consideration— — (12.8)Dividend payment(42.2)(9.5)(3.8)Repurchase of common shares(599.9)— — Exercise of employee stock options33.0 27.4 3.1 Employee taxes paid from shares withheld(21.9)(3.3)(4.3)Net cash provided by (used for) financing activities(652.1)(247.5)100.2 Effect of exchange rate changes on cash and cash equivalents(21.9)1.5 (9.2)Increase (decrease) in cash, cash equivalents and restricted cash443.6 515.4 (173.9)Beginning cash, cash equivalents and restricted cash788.6 273.2 447.1 Ending cash, cash equivalents and restricted cash$1,232.2 $788.6 $273.2 Changes in operating working capitalAccounts receivable$(280.3)$(277.2)$(368.0)Inventories(369.3)(54.0)(211.4)Other current