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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 169 $ 158
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 100 100
Stock-based compensation expense 8 8
Other 2 33
Changes in operating assets and liabilities, net of effects from acquisitions and dispositions:    
Receivables (256) (249)
Inventories (86) (52)
Other assets (12) (55)
Prepaid income taxes/income taxes payable 38 47
Accounts payable 8 220
Other liabilities 26 43
Net cash (used in) provided by operating activities (3) 253
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (54) (66)
Acquisitions, net of cash acquired 0 (17)
Other investing activities, net 4 (5)
Net cash used in investing activities (50) (88)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under revolving credit facilities 392 392
Repayments under revolving credit facilities (233) (659)
Borrowings of other debt, net 11 33
Proceeds from issuance of Euro Notes (2031), net of unamortized bond discount 0 816
Dividends paid to LKQ stockholders (78) (81)
Purchase of treasury stock (40) (30)
Other financing activities, net (12) (37)
Net cash provided by (used in) financing activities 40 (113)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 5 (7)
Net (decrease) increase in cash, cash equivalents and restricted cash (8) 45
Cash, cash equivalents and restricted cash, beginning of period (1) 239 299
Cash, cash equivalents and restricted cash, end of period 231 344
Supplemental disclosure of cash paid for:    
Income taxes, net of refunds 31 27
Interest 60 43
Euro Notes (2024)    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of Euro Notes (2024) $ 0 $ (547)