Company: NGVT
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001653477-25-000127
Chunk: 14

Company: Ingevity Corp
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 14
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ventories, net24.2 46.6 Prepaid and other current assets(0.6)8.9 Accounts payable5.9 (62.4)Accrued expenses1.0 8.1 Accrued payroll and employee benefits1.0 3.9 Income taxes1.3 (11.8)Restructuring and other cash outflow, net(35.4)(43.9)Operating leases(15.0)(17.5)CTO resales cash inflow (outflow), net6.2 (45.0)CTO supply contract termination cash outflow— (50.0)Changes in other operating assets and liabilities, net6.0 1.2 Net cash provided by (used in) operating activities$234.1 $64.1 Cash provided by (used in) investing activities:Capital expenditures$(34.1)$(52.7)Purchase of strategic investments(21.0)— Other investing activities, net12.7 1.2 Net cash provided by (used in) investing activities$(42.4)$(51.5)Cash provided by (used in) financing activities:Proceeds from revolving credit facility and other borrowings$209.5 $150.5 Payments on revolving credit facility and other borrowings(350.0)(119.3)Finance lease obligations, net(0.9)(0.9)Tax payments related to withholdings on vested equity awards(2.8)(2.9)Proceeds and withholdings from share-based compensation plans, net0.6 — Repurchases of common stock under stock repurchase plan(25.2)— Net cash provided by (used in) financing activities$(168.8)$27.4 Increase (decrease) in cash, cash equivalents, and restricted cash22.9 40.0 Effect of exchange rate changes on cash4.9 1.6 Change in cash, cash equivalents, and restricted cash27.8 41.6 Cash, cash equivalents, and restricted cash at beginning of period86.6 111.9 Cash, cash equivalents, and restricted cash at end of period(2)$114.4 $153.5 (1)The cash flows related to discontinued operations have not been segregated and remain included in the major classes of assets and liabilities. Accordingly, the Condensed Consolidated Statements of