General Dynamics Corporation (GD)

General Dynamics Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 29, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	4,086	3,782	3,315	3,390	3,257	3,167
Depreciation & Amortization	904	886	863	884	890	878
Stock-Based Compensation	185	183	181	165	126	128
Other Adjustments	-94	-86	-177	-178	-66	-127
Change in Receivables	-298	-245	951	-210	-272	255
Changes in Inventories	-250	-1,195	-2,219	-980	405	502
Changes in Accounts Payable	111	247	-303	224	194	-215
Changes in Income Taxes Payable	-	266	-209	-436	-45	-39
Changes in Unearned Revenue	280	343	2,415	2,082	354	-707
Changes in Other Operating Activities	-164	-69	-107	-362	-572	16
Operating Cash Flow	5,026	4,112	4,710	4,579	4,271	3,858
Operating Cash Flow Growth	64.63%	-12.70%	2.86%	7.21%	10.71%	29.42%
Capital Expenditures	-896	-916	-904	-1,114	-887	-967
Other Investing Activities	34	-37	-37	-373	5	-7
Investing Cash Flow	-862	-953	-941	-1,489	-882	-974
Short-Term Debt Issued	-	-	-	-	1,997	-21
Short-Term Debt Repaid	-	-	-	-	-1,997	-420
Net Short-Term Debt Issued (Repaid)	-	-	-	-	-	-441
Long-Term Debt Issued	-	-	-	-	1,497	3,960
Long-Term Debt Repaid	-	-500	-1,250	-1,000	-3,000	-2,500
Net Long-Term Debt Issued (Repaid)	-	-500	-1,250	-1,000	-1,503	1,460
Repurchase of Common Stock	-	-1,501	-434	-1,229	-1,828	-587
Net Common Stock Issued (Repurchased)	-	-1,501	-434	-1,229	-1,828	-587
Common Dividends Paid	-1,564	-1,529	-1,428	-1,369	-1,315	-1,240
Other Financing Activities	89	161	18	127	56	-95
Financing Cash Flow	-3,994	-3,369	-3,094	-3,471	-4,590	-903
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-9	-6	-4	20	-20	-59
Net Cash Flow	161	-216	671	-361	-1,221	1,922
Beginning Cash & Cash Equivalents	1,362	1,913	1,242	1,603	2,824	902
Ending Cash & Cash Equivalents	1,523	1,697	1,913	1,242	1,603	2,824
Free Cash Flow	4,130	3,196	3,806	3,465	3,384	2,891
Free Cash Flow Growth	29.22%	-16.03%	9.84%	2.39%	17.05%	44.98%
FCF Margin	8.22%	6.70%	9.00%	8.79%	8.80%	7.62%
Free Cash Flow Per Share	15.05	11.52	13.80	12.46	12.00	10.04
Levered Free Cash Flow	4,071	2,844	1,601	2,688	2,093	3,654
Unlevered Free Cash Flow	96,184	90,958	80,506	75,549	73,732	71,759

Updated Jul 23, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q