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	Dec '25 Dec 31, 2025	Jan '25 Jan 3, 2025	Dec '23 Dec 29, 2023	Dec '22 Dec 30, 2022	Dec '21 Dec 31, 2021
Net Income	1,606	1,512	1,198	1,061	1,842
Depreciation & Amortization	1,224	1,289	1,166	938	967
Stock-Based Compensation	366	361	320	325	348
Other Adjustments	-39	-74	-324	-189	-465
Change in Receivables	-780	-66	186	-187	-603
Changes in Inventories	117	96	-182	-310	-68
Changes in Accounts Payable	475	-90	87	180	430
Changes in Accrued Expenses	-353	27	-50	-226	-24
Changes in Income Taxes Payable	365	-383	-333	499	190
Changes in Unearned Revenue	181	126	195	121	178
Changes in Other Operating Activities	-56	-239	-167	-54	-108
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	-	-	-	14	7
Payments for Business Acquisitions	-	-	-6,688	-	-
Proceeds from Business Divestments	820	273	71	23	1,729
Other Investing Activities	11	-128	45	-35	-
Investing Cash Flow	407	-263	-7,021	-250	1,394
Short-Term Debt Issued	-	688	1,181	-	-
Short-Term Debt Repaid	-	1,205	205	-	-
Net Short-Term Debt Issued (Repaid)	-	1,893	1,386	-	-
Long-Term Debt Issued	-	2,827	7,568	4	6
Long-Term Debt Repaid	618	2,620	3,170	14	13
Net Long-Term Debt Issued (Repaid)	618	5,447	10,738	18	19
Issuance of Common Stock	-	-	-	57	97
Repurchase of Common Stock	1,154	554	518	1,083	3,675
Net Common Stock Issued (Repurchased)	1,154	554	518	1,140	3,772
Common Dividends Paid	-903	-886	-868	-864	-817
Other Financing Activities	-407	-474	606	-51	-11
Financing Cash Flow	-3,082	-2,224	4,594	-1,951	-4,413
Effect of Exchange Rate Changes on Cash and Cash Equivalents	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%
FCF 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
Levered Free Cash Flow	3,753	9,280	13,560	1,976	3,088
Unlevered Free Cash Flow	3,283	2,234	1,666	1,835	2,926

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.