HBI · As filed with the SEC
Hanesbrands cash flow statement, by fiscal year
The statement as Hanesbrands 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 | FY2024 Year ended Dec 28, 2024 | FY2023 Year ended Dec 30, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Jan 1, 2022 | FY2020 Year ended Jan 2, 2021 | FY2019 Year ended Dec 28, 2019 | FY2018 Year ended Dec 29, 2018 | FY2017 Year ended Dec 30, 2017 |
|---|---|---|---|---|---|---|---|---|
| Operating activities: | ||||||||
| Net loss | (320,431) | (17,726) | (127,204) | 77,224 | (75,579) | 600,720 | 553,084 | 61,894 |
| Adjustments to reconcile net loss to net cash from operating activities: | ||||||||
| Depreciation | 69,861 | 75,268 | 76,294 | 81,669 | 95,759 | 96,030 | 95,359 | 87,595 |
| Amortization of intangibles | — | — | — | — | — | — | 36,437 | 34,892 |
| Charges incurred for amendments of credit facilities | — | — | — | — | — | — | 0 | 0 |
| Amortization of acquisition intangibles | 12,020 | 16,569 | 18,204 | 20,390 | 24,718 | 24,868 | — | — |
| Other amortization | 10,174 | 13,200 | 11,769 | 12,139 | 11,969 | 10,069 | — | — |
| Impairment of intangible assets and goodwill | 76,746 | 0 | 0 | 163,047 | 45,492 | — | — | — |
| (Gain) loss on sale of business and classification of assets held for sale | — | — | (3,162) | 312,359 | — | — | — | — |
| Discontinued Operations, Held-for-sale - European Innerwear Business | — | — | 373 | 273,995 | — | — | — | — |
| Inventory write-down charges, net of recoveries | 119,748 | — | 0 | 0 | 584,671 | — | — | — |
| Loss on extinguishment of debt | 9,412 | 8,466 | 0 | 43,739 | — | 0 | 0 | (4,028) |
| Amortization of debt issuance costs | — | — | 7,300 | 12,305 | 11,565 | 10,731 | 9,278 | 10,394 |
| Loss (gain) on sale of businesses and classification of assets held for sale | 114,161 | 3,641 | — | — | — | — | — | — |
| Discontinued Operations, Held-for-sale - European Innerwear Business | — | 0 | — | — | — | — | — | — |
| Discontinued Operations, Held-for-Sale or Disposed of by Sale - Global Champion, Champion Japan and U.S.-Based Outlet Store Businesses | 114,161 | — | — | — | — | — | — | — |
| Amortization of debt issuance costs and debt discount | 12,535 | 8,939 | — | — | — | — | — | — |
| Stock compensation expense | 25,845 | 20,546 | 23,457 | 16,630 | 18,969 | 9,277 | 21,416 | 23,582 |
| Deferred taxes | (11,974) | (84,745) | 388,607 | 3,934 | (161,215) | 41,817 | 22,146 | 239,068 |
| Change in fair value of contingent consideration liability | — | — | — | — | — | 0 | 0 | 27,852 |
| Other | 909 | 610 | 7,511 | (2,084) | 8,501 | 5,033 | (1,134) | 1,468 |
| Changes in assets and liabilities: | ||||||||
| Accounts receivable | (1,785) | 174,249 | 154,145 | (181,173) | (6,945) | 45,157 | 10,269 | (31,656) |
| Inventories | 114,931 | 599,982 | (437,641) | (293,455) | (136,057) | 147,330 | (205,319) | 22,648 |
| Other assets | 17,555 | 82,672 | (107,742) | (40,636) | (1,144) | (6,597) | (4) | (28,346) |
| Accounts payable | 17,649 | (194,602) | (241,557) | 368,753 | (32,641) | (67,390) | 165,788 | 71,806 |
| Accrued pension and postretirement benefits | (4,662) | 6,799 | (2,023) | (40,768) | (18,832) | (9,843) | (5,024) | 19,042 |
| Accrued income taxes | — | — | — | — | — | — | (23,936) | 179,117 |
| Accrued liabilities and other | 1,549 | (152,119) | (126,760) | 69,336 | 79,238 | (103,770) | (34,958) | (67,666) |
| Net cash from operating activities | 264,243 | 561,749 | (358,802) | 623,409 | 448,469 | 803,432 | 643,402 | 655,718 |
| Investing activities: | ||||||||
| Capital expenditures | (37,889) | (44,056) | (112,122) | (69,272) | (53,735) | (101,084) | (86,293) | (87,008) |
| Purchase of trademarks | 0 | 0 | 103,000 | — | — | — | — | — |
| Proceeds from sales of assets | 12,362 | 331 | 157 | 2,809 | 671 | 4,884 | 2,557 | 4,459 |
| Acquisition of businesses, net of cash acquired | — | — | — | 0 | 0 | (25,232) | (334,915) | (62,249) |
| Disposition of businesses | — | — | — | — | — | 0 | 0 | 40,285 |
| Proceeds from (payments for) disposition of businesses | 838,560 | — | — | — | — | — | — | — |
| Other | 0 | 20,242 | (1,463) | 14,008 | 11,982 | 11,772 | — | — |
| Net cash from investing activities | 813,033 | (23,483) | (216,428) | (52,455) | (41,082) | (109,660) | (418,651) | (104,513) |
| Financing activities: | ||||||||
| Borrowings on Term Loan Facilities | 0 | 891,000 | 0 | 1,000,000 | — | — | — | — |
| Repayments on Term Loan Facilities | (1,127,483) | (44,250) | (25,000) | (925,000) | 0 | — | — | — |
| Borrowings on Accounts Receivable Securitization Facility | 1,831,000 | 2,270,000 | 1,840,389 | 0 | 227,061 | 246,417 | 213,336 | 373,640 |
| Repayments on Accounts Receivable Securitization Facility | (1,742,000) | (2,473,500) | (1,630,889) | 0 | (227,061) | (408,025) | (176,937) | (292,952) |
| Borrowings on Revolving Loan Facilities | 613,500 | 1,923,000 | 1,792,000 | 0 | 1,638,000 | 3,198,277 | 3,546,360 | 4,161,799 |
| Repayments on Revolving Loan Facilities | (613,500) | (2,275,500) | (1,439,500) | 0 | (1,756,189) | (3,199,592) | (3,506,500) | (4,153,000) |
| Borrowings on Term Loan Facilities | — | — | — | — | — | 0 | 0 | 1,250,000 |
| Repayments on Term Loan Facilities | — | — | — | — | — | (413,498) | (31,875) | (1,145,215) |
| Borrowings on Senior Notes | 0 | 600,000 | 0 | 0 | 700,000 | — | 0 | 0 |
| Repayments on Senior Notes | 0 | (1,436,884) | 0 | (700,000) | — | — | 0 | 0 |
| Borrowings on International Debt | — | — | 0 | 0 | 31,222 | 27,680 | 0 | 0 |
| Repayments on International Debt | — | — | 0 | 0 | (36,383) | (48,327) | (1,105) | (45,072) |
| Borrowings on notes payable | 0 | 0 | 21,454 | 149,287 | 234,682 | 341,117 | 278,147 | 278,489 |
| Repayments on notes payable | 0 | 0 | (21,713) | (149,739) | (239,008) | (342,576) | (286,591) | (327,615) |
| Share repurchases | 0 | 0 | (25,018) | 0 | (200,269) | 0 | 0 | (400,017) |
| Cash dividends paid | 0 | 0 | (209,312) | (209,484) | (210,385) | (216,958) | (216,316) | (219,903) |
| Payments of Debt Issuance Costs | — | — | — | — | (15,018) | — | — | — |
| Payments to amend and refinance credit facilities | (783) | (31,020) | (3,159) | (43,186) | — | (1,203) | (677) | (9,122) |
| Payment of contingent consideration | — | — | — | — | — | 0 | (3,540) | (41,250) |
| Taxes paid related to net shares settlement of equity awards | — | — | — | — | — | (9,543) | (12,715) | (15,463) |
| Excess tax benefit from stock-based compensation | — | — | — | — | — | — | — | 0 |
| Other | (7,454) | (2,921) | (3,423) | (9,898) | (4,483) | 2,221 | (2,084) | (87) |
| Net cash from financing activities | (1,046,720) | (580,075) | 295,829 | (888,020) | 142,169 | (824,010) | (200,497) | (585,768) |
| Effect of changes in foreign exchange rates on cash | — | — | — | (32,908) | 31,124 | 4,429 | 9,912 | (4,116) |
| Change in cash and cash equivalents | — | — | — | — | — | — | — | (38,679) |
| Effect of changes in foreign exchange rates on cash | (20,703) | 8,897 | (42,815) | — | — | — | — | — |
| Change in cash and cash equivalents | 9,853 | (32,912) | (322,216) | (349,974) | 580,680 | (125,809) | 34,166 | — |
| Cash and cash equivalents at beginning of year | — | — | — | 909,437 | 328,876 | 433,022 | 421,566 | 460,245 |
| Cash, cash equivalents and restricted cash at beginning of year | — | — | — | 910,603 | 329,923 | 455,732 | 421,566 | — |
| Cash, cash equivalents and restricted cash at end of year | — | — | — | — | 910,603 | 329,923 | — | — |
| Cash and cash equivalents at beginning of year | 205,501 | 238,413 | 560,629 | 910,603 | 329,923 | — | — | — |
| Cash and cash equivalents at end of year | 215,354 | 205,501 | 238,413 | 560,629 | — | — | — | — |
| Cash and cash equivalents per balance sheet at end of year | — | — | — | — | 909,437 | 328,876 | 433,022 | 421,566 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.