Company: WKC
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001628280-25-007620
Chunk: 36

Company: WORLD KINECT CORP
Filing Date: 2025-02-25
Form: 10-K
Item: Item 8
Chunk 36
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Dividends paid on common stock(38.5)(34.0)(31.0)Repurchases of common stock(100.0)(60.1)(48.7)Purchase of convertible note hedges— (70.5)— Sale of warrants— 40.0 — Payments of deferred consideration for acquisitions(51.8)(62.9)(12.0)Other financing activities, net(8.0)(12.2)(4.6)Net cash provided by (used in) financing activities(230.6)(152.4)237.3 Effect of exchange rate changes on cash and cash equivalents(15.2)(12.0)(4.7)Net increase (decrease) in cash and cash equivalents78.7 5.9 (353.8)Cash and cash equivalents, as of the beginning of the period304.3 298.4 652.2 Cash and cash equivalents, as of the end of the period$382.9 $304.3 $298.4 

The accompanying Notes are an integral part of these Consolidated Financial Statements.49

Table of Contents

WORLD KINECT CORPORATION

CONSOLIDATED STATEMENTS OF CASH FLOWS – (CONTINUED) 

(In millions)

For the Year Ended December 31,202420232022Supplemental Disclosures of Cash Flow InformationCash paid during the year for:Interest, net of capitalized interest$113.6 $130.4 $113.4 Income taxes$60.6 $61.3 $66.6 

The accompanying Notes are an integral part of these Consolidated Financial Statements.50