Company: ATMU
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001921963-25-000121
Chunk: 11

Company: Atmus Filtration Technologies Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 11
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 long-term debt30.0 22.5 Other accrued expenses93.8 87.2 Total current liabilities398.9 344.9 Long-term debt555.0 570.0 Accrued product warranty7.3 7.3 Other liabilities36.5 40.7 TOTAL LIABILITIES997.7 962.9 Commitments and contingencies (Note 10)EQUITYCommon stock, $0.0001 par value (2,000,000,000 shares authorized, 82,159,427 and 83,403,813 shares issued at June 30, 2025 and December 31, 2024, respectively)— — Additional paid-in capital67.2 61.9 Retained earnings360.8 264.5 Accumulated other comprehensive loss(61.3)(79.0)Treasury stock, at cost (1,321,666 shares at June 30, 2025 and 537,643 at December 31, 2024)(50.4)(20.0)TOTAL EQUITY316.3 227.4 TOTAL LIABILITIES AND EQUITY$1,314.0 $1,190.3 

The accompanying notes are an integral part of the Condensed Consolidated Financial Statements.3

ATMUS FILTRATION TECHNOLOGIES INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(in millions of U.S. dollars)

(Unaudited)

For the Six Months Ended June 30,20252024CASH PROVIDED BY (USED IN) OPERATING ACTIVITIESNet income$104.6 $101.7 Adjustments to reconcile net income to operating cash flows:Depreciation and amortization14.6 11.7 Deferred income taxes— (4.0)Equity in income of investees, net of dividends(7.9)(5.8)Share-based compensation5.3 6.0 Foreign currency remeasurement and transaction exposure(3.8)(2.3)Changes in current assets and liabilities:Trade and other receivables(67.8)(33.8)Inventories(10.1)(32.2)Prepaid expenses and other current assets2.7 (12.0)Accounts payable38.0 6.2 Other accrued expenses