Company: LW
Filing Date: 2025-09-30
Form Type: 10-Q
Source: 0001679273-25-000070
Chunk: 10

Company: Lamb Weston Holdings, Inc.
Filing Date: 2025-09-30
Form: 10-Q
Item: Part I, Item 1
Chunk 10
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 (92.2)Other—— (0.6)1.0 (0.3)— 0.1 Comprehensive income—— — — 127.4 55.7 183.1 Balance at August 25, 2024142,595,357$151.3 $(633.7)$(499.0)$2,775.3 $42.8 $1,836.7 

See Condensed Notes to Consolidated Financial Statements.

6

Lamb Weston Holdings, Inc.

Consolidated Statements of Cash Flows

(unaudited, dollars in millions)

Thirteen Weeks EndedAugust 24,2025August 25,2024Cash flows from operating activitiesNet income$64.3 $127.4 Adjustments to reconcile net income to net cash provided by operating activities:Depreciation and amortization of intangibles and debt issuance costs95.3 90.5 Stock-settled, stock-based compensation expense10.6 9.5 Equity method investment (earnings) loss, net of distributions0.2 (0.1)Deferred income taxes14.5 (2.9)Pension expense, net of contributions13.1 0.6 Blue chip swap transaction gains— (16.6)Other(1.5)(15.0)Changes in operating assets and liabilities:Receivables17.6 31.9 Inventories136.3 10.2 Income taxes payable/receivable, net22.8 49.1 Prepaid expenses and other current assets40.2 50.1 Accounts payable(47.7)9.5 Accrued liabilities(13.7)(14.0)Net cash provided by operating activities$352.0 $330.2 Cash flows from investing activitiesAdditions to property, plant and equipment(77.6)(325.9)Additions to other long-term assets(1.6)(26.3)Proceeds from blue chip swap transactions, net of purchases— 16.6 Other2.9 — Net cash used for investing activities$(76.3)$(335.6)Cash flows from financing activitiesProceeds from short-term borrowings305.0 398.0 Repayments of short-term borrowings(466.9)(194.4)Proceeds from issuance of debt—