General Dynamics Corporation (GD)

Phoenix Asia Holdings Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	3,782	3,315	3,390	3,257	3,167
Depreciation & Amortization	886	863	884	890	878
Stock-Based Compensation	183	181	165	126	128
Other Operating Activities	-155	-284	-540	-638	-111
Change in Accounts Receivable	-245	951	-210	-272	255
Change in Inventory	-1,195	-2,219	-980	405	502
Change in Accounts Payable	247	-303	224	194	-215
Change in Unearned Revenue	343	2,415	2,082	354	-
Change in Income Taxes	266	-209	-436	-45	-39
Change in Other Net Operating Assets	-	-	-	-	-707
Operating Cash Flow	4,106	4,706	4,599	4,251	3,799
Operating Cash Flow Growth	-12.75%	2.33%	8.19%	11.90%	29.66%
Capital Expenditures	-916	-904	-1,114	-887	-967
Other Investing Activities	-37	-37	-375	5	-7
Investing Cash Flow	-953	-941	-1,489	-882	-974
Short-Term Debt Issued	-	-	-	1,997	420
Long-Term Debt Issued	-	-	-	1,497	3,960
Total Debt Issued	-	-	-	3,494	4,380
Short-Term Debt Repaid	-	-	-	-1,997	-420
Long-Term Debt Repaid	-500	-1,250	-1,000	-3,000	-2,941
Total Debt Repaid	-500	-1,250	-1,000	-4,997	-3,361
Net Debt Issued (Repaid)	-500	-1,250	-1,000	-1,503	1,019
Repurchase of Common Stock	-1,501	-434	-1,229	-1,828	-587
Common Dividends Paid	-1,529	-1,428	-1,369	-1,315	-1,240
Other Financing Activities	161	18	127	56	-95
Financing Cash Flow	-3,369	-3,094	-3,471	-4,590	-903
Net Cash Flow	-216	671	-361	-1,221	1,922
Free Cash Flow	3,190	3,802	3,485	3,364	2,832
Free Cash Flow Growth	-16.10%	9.10%	3.60%	18.79%	45.75%
Free Cash Flow Margin	6.69%	8.99%	8.84%	8.74%	7.47%
Free Cash Flow Per Share	11.50	13.79	12.53	11.93	9.84
Cash Interest Paid	385	378	383	433	459
Cash Income Tax Paid	560	1,100	1,245	740	764
Levered Free Cash Flow	2,304	2,127	2,293	2,938	2,102
Unlevered Free Cash Flow	2,550	2,376	2,538	3,207	2,408
Change in Working Capital	-584	635	680	636	-204

Updated Oct 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q