Investor Presentaiton
14
Adjusted Unlevered Free Cash Flow
Net cash (used in) provided by operating activities
Capital expenditures
Free Cash Flow¹
Cash paid for Interest
Cash paid for Taxes, net
Non-recurring professional fees, M&A integration
and restructuring expense
Patent litigation settlement
Other expense (income), net
Working Capital
Adjusted Unlevered Free Cash Flow
Three months ended
March 31,
2023
2022
(in millions)
$ 32.6 $ 49.4
(60.2)
(42.1)
$ (27.6)
$
7.3
14.5
2.8
(4.3)
0.0
5.8
11.7
45.4
(1.2)
(8.7)
(27.6)
11.2
$
5.0
$
24.3
1. Free Cash Flow is defined as Net Cash (Used in) Provided by Operating Activities less Capital Expenditures. Free Cash Flow presents the cash generated or used by the business in a given period.View entire presentation