ALEX · As filed with the SEC
Alexander & Baldwin cash flow statement, by fiscal year
The statement as Alexander & Baldwin presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF CASH FLOWS · USD thousands
| USD thousands | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 |
|---|---|---|---|---|
| Cash Flows from Operating Activities: | ||||
| Net income (loss) | 64,674 | 60,537 | 33,000 | (49,500) |
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operations: | ||||
| (Income) loss from discontinued operations | (89) | 3,466 | 7,800 | 86,600 |
| Depreciation and amortization | 38,338 | 36,312 | 36,800 | 38,000 |
| Provision for (reversal of) credit losses | 45 | (628) | — | — |
| Deferred income taxes | — | 0 | 0 | (18,100) |
| Loss (gain) from disposals and asset transactions, net | — | — | — | (54,000) |
| (Gain) loss on commercial real estate transactions | (7,454) | (2,199) | (1,100) | — |
| (Gain) loss on disposal of assets and settlements, net | (11,685) | — | — | — |
| Impairment of assets and equity method investment | 406 | 256 | 4,800 | 5,000 |
| (Gain) loss on de-designated interest rate swap valuation adjustment | 0 | 3,675 | 2,700 | — |
| Share-based compensation expense | 5,912 | 4,795 | 6,100 | 4,900 |
| (Income) loss related to joint ventures, net of operating cash distributions | (4,288) | (1,179) | (1,800) | (900) |
| Settlement loss (gain) | — | 0 | 0 | 76,900 |
| Changes in operating assets and liabilities: | ||||
| Trade and other receivables | (1,570) | 35 | 100 | (3,900) |
| Inventories | — | — | — | 100 |
| Prepaid expenses and other assets | 194 | (424) | (900) | (1,800) |
| Development/other property inventory | 6,842 | 6,464 | (3,500) | 10,500 |
| Accrued post-retirement benefits | (194) | (1,841) | 0 | (27,100) |
| Accounts payable | 966 | (1,047) | 1,100 | 800 |
| Refund liability | (10,000) | — | — | — |
| Accrued and other liabilities | (2,486) | 1,239 | (9,600) | (300) |
| Operating cash flows from continuing operations | 79,611 | 102,111 | 75,500 | 67,200 |
| Operating cash flows from discontinued operations | (100) | (4,120) | (8,400) | (33,200) |
| Net cash provided by (used in) operations | 79,511 | 97,991 | 67,100 | 34,000 |
| Cash Flows from Investing Activities: | ||||
| Capital expenditures for acquisitions | 0 | (29,826) | (9,500) | 0 |
| Capital expenditures for property, plant and equipment | (52,230) | (20,951) | (21,700) | (21,700) |
| Proceeds from disposal of assets | 3,410 | 18,955 | 3,400 | 73,100 |
| Contributions to investments in joint ventures and partnerships | (208) | (306) | (300) | (500) |
| Distributions of capital and other receipts from investments in affiliates and other investments | — | 1,013 | 500 | 100 |
| Distributions of capital and other receipts from investments in joint ventures and partnerships | 3,523 | — | — | — |
| Investing cash flows from continuing operations | (45,505) | (31,115) | (27,600) | 51,000 |
| Investing cash flows from discontinued operations | 0 | 15,000 | 34,700 | (6,400) |
| Net cash provided by (used in) investing activities | (45,505) | (16,115) | 7,100 | 44,600 |
| Cash Flows from Financing Activities: | ||||
| Proceeds from issuance of notes payable and other debt, net | 198,000 | 60,000 | 0 | 0 |
| Payments of notes payable and other debt and deferred financing costs | (40,683) | (166,994) | (35,100) | (23,200) |
| Borrowings (payments) on line-of-credit agreement, net | (142,000) | 113,000 | 25,000 | (38,000) |
| Cash dividends paid | (65,710) | (64,980) | (64,300) | (57,700) |
| Repurchases of common stock and other payments | (5,746) | (2,983) | (5,400) | (7,300) |
| Financing cash flows from continuing operations | (56,139) | (61,957) | (79,800) | (126,200) |
| Financing cash flows from discontinued operations | 0 | 0 | (15,100) | 11,000 |
| Net cash provided by (used in) financing activities | (56,139) | (61,957) | (94,900) | (115,200) |
| Cash, Cash Equivalents, Restricted Cash, and Cash included in Assets Held for Sale | ||||
| Net increase (decrease) in cash, cash equivalents, restricted cash, and cash included in assets held for sale | (22,133) | 19,919 | (20,700) | (36,600) |
| Balance, beginning of period | — | 13,700 | 34,400 | 71,000 |
| Balance, end of period | — | — | 13,700 | 34,400 |
| Balance, beginning of period | 33,672 | 13,753 | 34,400 | 71,000 |
| Balance, end of period | 11,539 | 33,672 | 13,700 | 34,400 |
| Other Cash Flow Information: | ||||
| Interest paid, net of capitalized interest, for continuing operations | 22,150 | 22,125 | 22,600 | (21,400) |
| Interest paid, net of capitalized interest, for discontinued operations | 0 | 0 | 600 | — |
| Income tax (payments)/refunds, net | — | — | 0 | — |
| Continuing Operations | — | — | 2,100 | 300 |
| Discontinued Operations | — | — | 0 | 100 |
| Income tax payments/(refunds), net | 72 | 31 | — | 1,000 |
| Noncash Investing and Financing Activities from continuing operations: | ||||
| Continuing Operations | 9,044 | 21,738 | — | — |
| Discontinued Operations | — | 0 | — | — |
| Continuing Operations | 15,202 | 0 | 0 | 700 |
| Discontinued Operations | — | 0 | 0 | 20,200 |
| Continuing Operations | 1,275 | 152 | 1,700 | 2,600 |
| Discontinued Operations | — | 0 | 0 | 1,100 |
| Continuing Operations | — | — | 16,800 | 16,300 |
| Continuing Operations | 0 | 3,250 | 15,000 | 900 |
| Continuing Operations | — | — | 2,100 | 300 |
| Discontinued Operations | — | — | 0 | 100 |
| Continuing Operations | — | 21,738 | — | — |
| Discontinued Operations | — | 0 | — | — |
| Continuing Operations | — | 0 | 0 | 700 |
| Discontinued Operations | — | 0 | 0 | 20,200 |
| Continuing Operations | — | 152 | 1,700 | 2,600 |
| Discontinued Operations | — | 0 | 0 | 1,100 |
| Reconciliation of cash, cash equivalents, restricted cash, and cash included in assets held for sale | ||||
| Cash and cash equivalents, beginning of period | 33,436 | 13,517 | 33,300 | 65,400 |
| Restricted cash, beginning of period | 236 | 236 | 1,000 | 1,000 |
| Cash included in assets held for sale, beginning of period | 0 | 0 | 100 | 4,600 |
| Balance, beginning of period | 33,672 | 13,753 | 71,049 | — |
| Cash and cash equivalents, end of period | 11,303 | 33,436 | 13,500 | 33,300 |
| Restricted cash, end of period | 236 | 236 | 200 | 1,000 |
| Cash included in assets held for sale, end of period | — | 0 | 0 | 100 |
| Balance, end of period | 11,539 | 33,672 | — | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.