Company: SPR
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001628280-25-021582
Chunk: 45

Company: Spirit AeroSystems Holdings, Inc.
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 45
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— — — 0.1 0.1 Other comprehensive gain— — — — (7.6)— — (7.6)Balance — March 28, 2024116,276,706 $1.2 $1,435.4 $(2,456.7)$(97.2)$(0.4)$3.9 $(1,113.8)

(a)    Cash dividends declared per common share were $0.00 and $0.00 for the three months ended April 3, 2025 and March 28, 2024, respectively.

6

Spirit AeroSystems Holdings, Inc. 

Condensed Consolidated Statements of Cash Flows

(unaudited)

For the Three Months EndedApril 3, 2025March 28, 2024Operating activities($ in millions)Net loss$(612.7)$(616.6)Adjustments to reconcile net loss to net cash used in operating activities Depreciation and amortization expense68.8 77.9 Amortization of deferred financing fees5.0 1.7 Accretion of customer supply agreement0.7 0.8 Employee stock compensation expense8.3 10.8 Gain from derivative instruments(0.9)(1.2)Loss (gain) from foreign currency transactions25.3 (5.9)Loss on disposition of assets0.1 0.7 Deferred taxes1.9 9.0 Pension and other post-retirement plans income(1.1)(2.8)Grant liability amortization(0.3)(0.3)Equity in net loss of affiliates0.3 0.1 Forward loss provision143.1 378.1 Asset impairment charges5.4 — Gain on settlement of financial instrument(0.3)(0.5)Gain on dispositions of businesses(80.4)— Changes in assets and liabilitiesAccounts receivable, net(136.8)7.4 Inventory, net(113.9)(34.8)Contract assets125.6 (309.8)Accounts payable and accrued liabilities116.7 99.7 Profit sharing/deferred compensation(34.1)6.7 Advance payments(2.0)12.2 Income taxes receivable/payable2.8 2.