Leidos Holdings Cash Flow Statement

Financials in millions USD. Fiscal year is February - January.

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Oct '25 Oct 3, 2025	Jan '25 Jan 3, 2025	Dec '23 Dec 29, 2023	Dec '22 Dec 30, 2022	Dec '21 Dec 31, 2021	Jan '21 Jan 1, 2021
Net Income	1,405	1,254	199	685	753	628
Depreciation & Amortization	294	290	331	333	325	282
Asset Writedown & Restructuring Costs	9	11	687	40	4	12
Stock-Based Compensation	98	85	77	73	67	62
Other Operating Activities	332	-57	-72	-177	-27	47
Change in Accounts Receivable	-257	-220	-65	-174	-5	-127
Change in Accounts Payable	-167	-160	31	-143	-210	151
Change in Income Taxes	-131	-28	-158	97	15	14
Change in Other Net Operating Assets	-77	217	135	258	111	265
Operating Cash Flow	1,506	1,392	1,165	992	1,033	1,334
Operating Cash Flow Growth	4.22%	19.48%	17.44%	-3.97%	-22.56%	34.48%
Capital Expenditures	-168	-149	-207	-129	-104	-183
Sale of Property, Plant & Equipment	2	2	-	6	-	12
Cash Acquisitions	-292	-	-6	-192	-622	-2,655
Divestitures	-	-	2	15	-	-
Other Investing Activities	-	5	-	-13	-4	11
Investing Cash Flow	-458	-142	-211	-313	-730	-2,815
Long-Term Debt Issued	-	-	1,743	380	380	7,225
Long-Term Debt Repaid	-	-18	-2,045	-545	-106	-5,456
Total Debt Repaid	-1,018	-18	-2,045	-545	-106	-5,456
Net Debt Issued (Repaid)	-21	-18	-302	-165	274	1,769
Issuance of Common Stock	74	55	50	48	44	35
Repurchase of Common Stock	-1,045	-906	-246	-542	-270	-105
Common Dividends Paid	-209	-208	-201	-199	-199	-196
Other Financing Activities	-27	-7	-16	-7	38	-52
Financing Cash Flow	-1,228	-1,084	-715	-865	-113	1,451
Foreign Exchange Rate Adjustments	-4	-10	6	-6	-2	-
Net Cash Flow	-184	156	245	-192	188	-30
Free Cash Flow	1,338	1,243	958	863	929	1,151
Free Cash Flow Growth	2.61%	29.75%	11.01%	-7.10%	-19.29%	32.15%
Free Cash Flow Margin	7.72%	7.46%	6.21%	6.00%	6.76%	9.36%
Free Cash Flow Per Share	10.18	9.14	6.94	6.25	6.50	7.99
Cash Interest Paid	236	226	207	195	182	161
Cash Income Tax Paid	363	460	435	217	221	140
Levered Free Cash Flow	751.38	1,060	792.25	844.75	748.88	565
Unlevered Free Cash Flow	877.63	1,180	924.75	969.13	863.88	676.88
Change in Working Capital	-632	-191	-57	38	-89	303

Source: S&P Global Market Intelligence. Standard template. Financial Sources.