Company: MATV
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001000623-25-000009
Chunk: 102

Company: Mativ Holdings, Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 102
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) investing(56.7)547.2 (481.3)

57

MATIV HOLDINGS, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOWS(in millions) 

Years Ended December 31,202420232022Financing  Cash dividends paid(21.6)(55.3)(72.2)Proceeds from long-term debt531.0 241.0 774.9 Payments on long-term debt(554.7)(834.6)(340.6)Payments for debt issuance costs(8.3)(1.5)(22.1)Payments on financing lease obligations(1.5)(1.0)(0.6)Purchases of common stock and shares withheld for employee taxes(0.8)(10.6)(6.9)Net cash provided by (used in) financing of:Continuing operations(55.9)(662.0)332.5    Discontinued operations— (0.9)(1.0)Net cash provided by (used in) financing(55.9)(662.9)331.5 Effect of exchange rate changes on cash and cash equivalents(8.1)4.9 (2.7)Increase (decrease) in cash and cash equivalents(25.9)(4.2)49.7 Cash and cash equivalents at beginning of period120.2 124.4 74.7 Cash and cash equivalents at end of period$94.3 $120.2 $124.4 Balances included in the Consolidated Balance Sheets:Cash and cash equivalents$94.3 $120.2 $101.1 Cash and cash equivalents included in current assets held for sale of discontinued operations— — 23.3 Cash and cash equivalents at end of period$94.3 $120.2 $124.4 Supplemental Cash Flow DisclosuresCash paid for interest, net$90.8 $121.4 $84.6 Cash paid for taxes, net$14.9 $37.5 $26.0 Capital spending in accounts payable and accrued liabilities$6.7 $10.1 $14.6 Merger non-cash consideration$— $— $537.9 

The accompanying notes are an integral part of these consolidated financial statements.

58

MATIV HOLDINGS, INC