L3Harris Technologies Cash Flow Statement

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

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 2, 2026	Jan '25 Jan 3, 2025	Dec '23 Dec 29, 2023	Dec '22 Dec 30, 2022	Dec '21 Dec 31, 2021
Net Income	1,606	1,502	1,227	1,062	1,846
Depreciation & Amortization	1,224	1,289	1,166	938	967
Loss (Gain) From Sale of Assets	-	-	-	-	-220
Asset Writedown & Restructuring Costs	85	38	374	802	244
Stock-Based Compensation	366	361	320	325	348
Other Operating Activities	168	-312	-839	-1,059	-624
Change in Accounts Receivable	-780	-66	186	-187	-603
Change in Inventory	117	96	-182	-310	-68
Change in Accounts Payable	475	-90	87	180	430
Change in Unearned Revenue	181	126	195	121	178
Change in Income Taxes	-	-383	-333	499	190
Change in Other Net Operating Assets	-336	-2	-105	-213	-1
Operating Cash Flow	3,106	2,559	2,096	2,158	2,687
Operating Cash Flow Growth	21.38%	22.09%	-2.87%	-19.69%	-3.69%
Capital Expenditures	-424	-408	-449	-252	-342
Sale of Property, Plant & Equipment	-	1	56	14	17
Cash Acquisitions	-	-	-6,688	-	-
Divestitures	820	273	71	23	1,729
Investment in Securities	-	-	-	-	-14
Other Investing Activities	11	-129	-11	-35	4
Investing Cash Flow	407	-263	-7,021	-250	1,394
Short-Term Debt Issued	-	688	1,804	-	-
Long-Term Debt Issued	-	2,827	7,568	4	6
Total Debt Issued	-	3,515	9,372	4	6
Short-Term Debt Repaid	-515	-1,772	-205	-	-
Long-Term Debt Repaid	-618	-2,620	-3,170	-14	-13
Total Debt Repaid	-1,133	-4,392	-3,375	-14	-13
Net Debt Issued (Repaid)	-1,133	-877	5,997	-10	-7
Issuance of Common Stock	-	133	24	57	97
Repurchase of Common Stock	-1,154	-554	-518	-1,083	-3,680
Common Dividends Paid	-903	-886	-868	-864	-817
Other Financing Activities	108	-40	-41	-51	-6
Financing Cash Flow	-3,082	-2,224	4,594	-1,951	-4,413
Foreign Exchange Rate Adjustments	23	-17	11	-18	-3
Net Cash Flow	454	55	-320	-61	-335
Free Cash Flow	2,682	2,151	1,647	1,906	2,345
Free Cash Flow Growth	24.69%	30.60%	-13.59%	-18.72%	-3.18%
Free Cash Flow Margin	12.27%	10.09%	8.48%	11.17%	13.16%
Free Cash Flow Per Share	14.24	11.28	8.64	9.85	11.54
Cash Interest Paid	-	654	489	296	284
Cash Income Tax Paid	-365	102	715	309	358
Levered Free Cash Flow	3,397	2,777	1,671	2,258	2,405
Unlevered Free Cash Flow	3,770	3,199	2,010	2,432	2,571
Change in Working Capital	-343	-319	-152	90	126

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