Company: ATMU
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001921963-25-000134
Chunk: 35

Company: Atmus Filtration Technologies Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 1
Chunk 35
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 term. Overall, we do not expect negative effects to our funding sources that would have a material effect on our liquidity. However, if a serious economic or credit market crisis ensues or other adverse development arises, it could have a material adverse effect on our liquidity, financial condition, results of operations and cash flows.

24

Our most significant ongoing short-term cash requirements relate primarily to funding operations (including expenditures for raw materials, labor, manufacturing and distribution, trade and promotions, advertising and marketing, tax liabilities, benefit plan obligations and lease expenses) as well as periodic expenditures for anticipated capital investments, shareholder returns (such as dividend payments and share repurchases), interest payments on our Long-term debt and supporting any future acquisitions.

Long-term cash requirements primarily relate to funding Long-term debt repayments and our long-term benefit plan obligations.

Cash Flow

Our management reviews our liquidity needs in determining any and all indebtedness options. We have the ability to access the capital markets and other sources of liquidity, which management believes are sufficient to allow us to manage our business and give us flexibility to meet our short- and long-term financial commitments. Our cash flow activity is noted below:

For the Nine Months Ended September 30,20252024(in millions)Net cash provided by operating activities$155.2 $85.4 Net cash used in investing activities(37.6)(38.6)Net cash used in financing activities(88.1)(18.0)

Operating Cash Flow

Net cash provided by operating activities was $155.2 million for the nine months ended September 30, 2025, an increase of $69.8 million compared to $85.4 million for the nine months ended September 30, 2024. The increase was driven primarily by lower working capital requirements of $49.7 million and higher net income of $13.9 million. During the nine months ended September 30, 2025, lower working capital requirements resulted in a cash outflow of $32.2 million compared to a cash outflow of $81.9 million for the nine months ended September 30, 2024, mainly due to higher trade payables and other accrued expenses and lower prepaids, partially offset by higher trade receivables.

Dividends received from our unconsolidated equity investees were $17.8 million and $22.6 million for the nine months ended September 30, 2025 and September 30, 2024, respectively.

Investing Cash