Graphic Packaging Holding Company (GPK) quarterly cash flow statement — complete operating, investing & financing history
| Cash from Operations | -113M | 534M | 227M | 267M | -174M | 489M | 187M | 161M | 3M | 442M | 411M | 231M |
| Operating CF Margin % | -5.24% | 25.39% | 10.37% | 12.11% | -8.21% | 23.34% | 8.44% | 7.2% | 0.13% | 19.65% | 17.5% | 9.66% |
| Operating CF Growth % | 35.06% | 9.2% | 21.39% | 65.84% | -5900% | 10.63% | -54.5% | -30.3% | -95% | -5.96% | 23.8% | -14.44% |
| Net Income | -43M | 71M | 142M | 104M | 127M | 138M | 165M | 190M | 165M | 196M | 170M | 150M |
| Depreciation & Amortization | 139M | 149M | 126M | 130M | 131M | 138M | 139M | 133M | 148M | 155M | 161M | 165M |
| Stock-Based Compensation | 12M | 2M | 1M | 3M | -4M | 0 | 0 | 15M | 0 | 0 | 0 | 0 |
| Deferred Taxes | -12M | 0 | 75M | 7M | 9M | -11M | -38M | -54M | -16M | 4M | -20M | 8M |
| Other Non-Cash Items | -209M | -8M | -1M | -17M | 7M | 49M | 8M | -75M | 15M | 9M | 36M | 21M |
| Working Capital Changes | 0 | 320M | -116M | 40M | -444M | 175M | -87M | -48M | -309M | 78M | 64M | -113M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -97M | -9M | -231M | -207M | -298M | -240M | -277M | 486M | -311M | -150M | -438M | -164M |
| Capital Expenditures | 0 | -127M | -267M | -228M | -313M | -310M | -8M | -9M | -331M | -212M | -207M | -189M |
| CapEx % of Revenue | - | 6.04% | 12.19% | 10.34% | 14.76% | 14.8% | 0.36% | 0.4% | 14.65% | 9.43% | 8.81% | 7.9% |
| Acquisitions | 0 | 0 | 3M | -5M | -12M | 0 | 0 | 711M | 0 | 0 | -261M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -97M | 118M | 33M | 26M | 27M | 70M | -269M | -216M | 20M | 62M | 30M | 25M |
| Cash from Financing | 138M | -384M | 4M | -77M | 439M | -209M | 88M | -655M | 287M | -294M | 57M | -46M |
| Debt Issued (Net) | 0 | -342M | 82M | 71M | 500M | -174M | 120M | -416M | 340M | -238M | 100M | -11M |
| Equity Issued (Net) | 0 | 0 | -42M | -115M | -27M | -1M | -1M | -200M | -22M | -17M | -10M | -1M |
| Dividends Paid | -32M | -32M | -33M | -33M | -30M | -31M | -30M | -30M | -31M | -31M | -31M | -30M |
| Share Repurchases | -4M | 0 | -42M | -115M | -27M | -1M | -1M | -200M | -22M | -17M | -10M | -1M |
| Other Financing | 170M | -10M | -3M | 0 | -4M | -3M | -1M | -9M | 0 | -8M | -2M | -4M |
| Net Change in Cash | -72M | 141M | 0 | -9M | -28M | 31M | 1M | -11M | -26M | 16M | 21M | 12M |
| Free Cash Flow | -113M | 407M | -40M | 39M | -487M | 179M | -126M | -88M | -328M | 230M | 204M | 42M |
| FCF Margin % | -5.24% | 19.35% | -1.83% | 1.77% | -22.97% | 8.54% | -5.69% | -3.93% | -14.52% | 10.23% | 8.68% | 1.76% |
| FCF Growth % | 76.8% | 127.37% | 68.25% | 144.32% | -48.48% | -22.17% | -161.76% | -309.52% | -141.18% | -37.16% | -17.74% | -68.18% |
| FCF per Share | -0.38 | 1.37 | -0.13 | 0.13 | -1.61 | 0.59 | -0.42 | -0.29 | -1.06 | 0.75 | 0.66 | 0.14 |
| FCF Conversion (FCF/Net Income) | 2.63x | 7.52x | 1.60x | 2.57x | -1.37x | 3.54x | 1.13x | 0.85x | 0.02x | 2.26x | 2.42x | 1.54x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |