CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
OPERATING ACTIVITIES OF CONTINUING OPERATIONS
Net income	$ 59.0	$ 22.8
Adjustments to reconcile net income to net cash provided by operating activities of continuing operations:
Income from discontinued operations, net of taxes	0.0	(11.4)
Taxes related to sale of discontinued operations	0.0	(3.3)
Depreciation	17.8	18.4
Amortization	57.2	52.7
Goodwill impairment	0.0	60.8
Promissory note reserve	4.5	0.0
Deferred income taxes	(1.8)	(1.6)
Stock-based compensation	9.8	7.9
Other non-cash adjustments	8.0	3.9
Change in assets and liabilities, net of effects of acquisition and sale of businesses:
Accounts receivable, net	(14.8)	16.9
Inventories	4.5	5.4
Accounts payable	(8.4)	(9.6)
Other current assets and liabilities	(25.8)	2.7
Other non-current assets and liabilities	(6.5)	(10.8)
Net cash provided by operating activities of continuing operations	103.5	154.8
INVESTING ACTIVITIES OF CONTINUING OPERATIONS
Purchases of property, plant and equipment	(18.8)	(20.7)
Payments for capitalized internal-use software	(1.9)	(0.3)
Proceeds from sale of businesses, net	0.0	25.7
Purchase of short-term investments	0.0	(35.8)
Redemption of short-term investments	0.0	35.0
Acquisition, net of cash acquired	(209.4)	0.0
Other	0.6	0.8
Net cash provided by (used in) investing activities of continuing operations	(229.5)	4.7
FINANCING ACTIVITIES OF CONTINUING OPERATIONS
Proceeds from debt	52.5	0.0
Repayments of debt	(58.6)	(143.1)
Purchase of non-controlling interest	(18.3)	0.0
Dividends paid	(19.0)	(18.3)
Other	(0.6)	(1.4)
Net cash used in financing activities of continuing operations	(44.0)	(162.8)
CASH FLOWS OF DISCONTINUED OPERATIONS
Operating cash flows	0.0	(0.6)
Net cash used in discontinued operations	0.0	(0.6)
Effect of exchange rate changes on cash and cash equivalents	7.1	(0.7)
Net decrease in cash and cash equivalents	(162.9)	(4.6)
Cash and cash equivalents at beginning of period	369.8	334.4
Cash and cash equivalents at end of period	206.9	329.8
Cash paid during the period for:
Interest	25.3	29.2
Income taxes, net of refunds	30.0	10.8
Property, plant, and equipment
Non-cash investing and financing activities:
Non-cash acquisitions	3.9	0.1
Capitalized internal-use software
Non-cash investing and financing activities:
Non-cash acquisitions	$ 0.5	$ 0.0

Enpro Inc. 10-Q