Company: SPR
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001628280-25-037839
Chunk: 36

Company: Spirit AeroSystems Holdings, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 2
Chunk 36
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0.7 Net decrease in cash, cash equivalents, and restricted cash for the period(157.6)(611.8)Cash, cash equivalents, and restricted cash beginning of period566.5 845.9 Cash, cash equivalents, and restricted cash, end of period$408.9 $234.1 

 Six Months Ended July 3, 2025 as Compared to Six Months Ended June 27, 2024

Operating Activities. For the six months ended July 3, 2025, we had a net cash outflow of $563.2 million from operating activities, a decrease in net cash outflow of $417.9 million compared to a net cash outflow of $981.1 million for the same period in the prior year. The decrease in net cash outflow, period over period, primarily represents the collection of cash through the reduction in contract assets due to improved production flow and physical deliveries to Boeing.  

Investing Activities. For the six months ended July 3, 2025, we had a net cash inflow of $66.4 million for investing activities, an increase in net cash inflow of $126.7 million compared to a net cash outflow of $60.3 million for the same period in the prior year. The cash flows for investing activities in the current period were driven by the receipts from the sale of the FMI and Chinese joint venture businesses, partially offset by increased capital expenditures.

Financing Activities. For the six months ended July 3, 2025, we had a net cash inflow of $341.6 million for financing activities, a decrease in net cash inflow of $87.3 million, compared to a net cash inflow of $428.9 million for the same period in 

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the prior year. The decrease in net cash inflow was primarily driven by lower overall receipts from customer financing as compared to prior year as well as the maturing of the 2025 Notes in January 2025. During the six month periods ended July 3, 2025 and June 27, 2024, we did not pay any dividends. There were no repurchases of Holdings Common Stock under our share repurchase program during either the six months ended July 3, 2025 or June 27, 2024. 

Pension and Other Post-Retirement Benefit Obligations

 Effective October 1, 2021, we spun off a portion of the existing