ALEX · As filed with the SEC

Alexander & Baldwin cash flow statement, by quarter

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	Q4 2025^† 3 months ended Dec 31, 2025	Q3 2025^† 3 months ended Sep 30, 2025	Q2 2025^† 3 months ended Jun 30, 2025	Q1 2025 3 months ended Mar 31, 2025	Q4 2024^† 3 months ended Dec 31, 2024	Q3 2024^† 3 months ended Sep 30, 2024	Q2 2024^† 3 months ended Jun 30, 2024	Q1 2024 3 months ended Mar 31, 2024
Cash Flows from Operating Activities:
Net Income (Loss)	—	14,337^†	25,128^†	21,433	—	19,004^†	9,108^†	—
Net income (loss)	—	—	—	—	12,443^†	19,004^†	9,108^†	19,982
Adjustments to reconcile net income (loss) to net cash provided by (used in) operations:
(Income) loss from discontinued operations	(12)^†	39^†	23^†	(139)	285^†	300^†	2,625^†	256
Depreciation and amortization	9,426^†	9,644^†	10,061^†	9,207	9,333^†	9,000^†	8,945^†	9,034
Provision for (reversal of) credit losses	1^†	26^†	1^†	17	0^†	(628)^†	0^†	—
(Gain) loss on commercial real estate transactions	(795)^†	(2,556)^†	193^†	(4,296)	(2,199)^†	(2,148)^†	(2,125)^†	(23)
(Gain) loss on disposal of assets and settlements, net	78^†	(7)^†	—	—	0^†	0^†	—	—
Impairment of assets and equity method investment	0^†	—	—	—	256^†	—	—	—
(Gain) loss on de-designated interest rate swap valuation adjustment	0^†	0^†	0^†	0	7,350^†	0^†	0^†	(3,675)
Share-based compensation expense	1,816^†	1,359^†	1,367^†	1,370	1,141^†	1,266^†	1,262^†	1,126
(Income) loss related to joint ventures, net of operating cash distributions	(1,082)^†	408^†	(2,589)^†	(1,025)	1,883^†	(2,128)^†	(984)^†	50
Changes in operating assets and liabilities:
Trade and other receivables	(1,212)^†	(751)^†	1,917^†	(1,524)	646^†	223^†	(348)^†	(486)
Prepaid expenses and other assets	2,487^†	(4,922)^†	5,100^†	(2,471)	3,225^†	(4,948)^†	4,734^†	(3,435)
Development/other property inventory	18^†	(66)^†	2,326^†	4,564	(1,554)^†	8,693^†	2,250^†	(2,925)
Accrued post-retirement benefits	(47)^†	(47)^†	(53)^†	(47)	(43)^†	(42)^†	(59)^†	(1,697)
Accounts payable	329^†	179^†	516^†	(58)	141^†	(205)^†	259^†	(1,242)
Refund liability	0^†	0^†	—	—	0^†	0^†	—	—
Accrued and other liabilities	(2,219)^†	6,503^†	(5,621)^†	(1,149)	(986)^†	5,248^†	(2,522)^†	(501)
Operating cash flows from continuing operations	12,564^†	24,552^†	16,613^†	25,882	26,719^†	35,783^†	23,145^†	16,464
Operating cash flows from discontinued operations	(9)^†	(88)^†	(118)^†	115	(2,402)^†	(474)^†	(841)^†	(403)
Net cash provided by (used in) operations	12,555^†	24,464^†	16,495^†	25,997	24,317^†	35,309^†	22,304^†	16,061
Cash Flows from Investing Activities:
Capital expenditures for acquisitions	0^†	—	—	—	0^†	(29,826)^†	—	—
Capital expenditures for property, plant and equipment	(15,162)^†	(28,185)^†	(4,714)^†	(4,169)	(9,073)^†	(3,867)^†	(4,265)^†	(3,746)
Proceeds from disposal of assets	(2)^†	8^†	(64)^†	3,468	18,914^†	0^†	(143)^†	184
Contributions to investments in joint ventures and partnerships	(53)^†	(6)^†	(57)^†	(92)	(148)^†	(34)^†	(11)^†	(113)
Distributions of capital and other receipts from investments in affiliates and other investments	—	3,383^†	—	—	39^†	973^†	—	—
Investing cash flows from continuing operations	(15,077)^†	(24,800)^†	(4,835)^†	(793)	9,732^†	(32,754)^†	(4,418)^†	(3,675)
Investing cash flows from discontinued operations	0^†	0^†	0^†	0	0^†	0^†	0^†	15,000
Net cash provided by (used in) investing activities	(15,077)^†	(24,800)^†	(4,835)^†	(793)	9,732^†	(32,754)^†	(4,418)^†	11,325
Cash Flows from Financing Activities:
Proceeds from issuance of notes payable and other debt, net	198,000^†	0^†	—	—	0^†	0^†	—	—
Payments of notes payable and other debt and deferred financing costs	(6,750)^†	(6,811)^†	(10,562)^†	(16,560)	(80,209)^†	(12,482)^†	(58,862)^†	(15,441)
Borrowings (payments) on line-of-credit agreement, net	(175,000)^†	32,000^†	8,000^†	(7,000)	78,000^†	15,000^†	11,000^†	9,000
Cash dividends paid	(16,383)^†	(16,386)^†	(16,417)^†	(16,524)	(16,158)^†	(16,191)^†	(16,184)^†	(16,447)
Repurchases of common stock and other payments	(4,157)^†	(213)^†	(136)^†	(1,240)	(165)^†	(486)^†	0^†	(2,332)
Financing cash flows from continuing operations	(4,290)^†	8,590^†	(19,115)^†	(41,324)	(18,532)^†	(14,159)^†	(4,046)^†	(25,220)
Financing cash flows from discontinued operations	—	—	—	0	0^†	0^†	0^†	0
Net cash provided by (used in) financing activities	(4,290)^†	8,590^†	(19,115)^†	(41,324)	(18,532)^†	(14,159)^†	(4,046)^†	(25,220)
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	(6,812)^†	8,254^†	(7,455)^†	(16,120)	15,517^†	(11,604)^†	13,840^†	2,166
Balance, beginning of period	—	—	—	—	—	—	—	13,700
Balance, beginning of period	18,351	10,097	17,552	33,672	18,155	29,759	15,919	13,753
Balance, end of period	11,539	18,351	10,097	17,552	33,672	18,155	29,759	15,919
Other Cash Flow Information:
Interest paid, net of capitalized interest, for continuing operations	8,143^†	2,882^†	8,099^†	3,026	8,111^†	3,567^†	5,977^†	4,470
Interest paid, net of capitalized interest, for discontinued operations	—	—	—	—	0^†	0^†	0^†	0
Income tax (payments)/refunds, net	—	—	—	—	—	—	—	0
Income tax payments/(refunds), net	12^†	36^†	18^†	6	3^†	(32)^†	(4)^†	—
Noncash Investing and Financing Activities from continuing operations:
Continuing Operations	3,096^†	2,202^†	1,758^†	1,988	19,181^†	2^†	648^†	1,907
Discontinued Operations	—	—	—	—	0^†	0^†	0^†	0
Continuing Operations	0^†	0^†	—	—	0^†	0^†	—	—
Continuing Operations	0^†	(272)^†	0^†	1,547	152^†	0^†	0^†	—
Continuing Operations	—	—	1,284^†	2,084	—	—	0^†	—
Continuing Operations	—	—	—	—	—	—	0^†	0
Continuing Operations	—	—	—	—	19,181^†	2^†	648^†	1,907
Discontinued Operations	—	—	—	—	0^†	0^†	0^†	0
Discontinued Operations	—	—	—	—	—	—	—	0
Reconciliation of cash, cash equivalents, restricted cash, and cash included in assets held for sale
Cash and cash equivalents, beginning of period	17,294	8,579	16,855	33,436	17,919	29,523	15,683	13,517
Restricted cash, beginning of period	1,057	1,518	697	236	236	236	236	236
Cash included in assets held for sale, beginning of period	—	—	—	0	0	0	0	0
Balance, beginning of period	33,672	33,672	33,672	33,672	13,753	13,753	13,753	13,753
Cash and cash equivalents, end of period	11,303	17,294	8,579	16,855	33,436	17,919	29,523	15,683
Restricted cash, end of period	236	1,057	1,518	697	236	236	236	236
Cash included in assets held for sale, end of period	—	—	—	—	0	0	0	0
Balance, end of period	11,539	18,351	10,097	17,552	33,672	18,155	29,759	15,919

† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.