HII Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	605	550	681	579	544
Depreciation & Amortization	329	326	347	358	293
Other Amortization	-	-	-	-	8
Loss (Gain) From Sale of Investments	-34	-22	-23	25	-19
Stock-Based Compensation	54	23	34	36	33
Provision & Write-off of Bad Debts	-	-	-	-	7
Other Operating Activities	226	-112	-84	17	108
Change in Accounts Receivable	-202	110	-129	-126	-68
Change in Inventory	-11	-22	-3	-22	-25
Change in Accounts Payable	449	-315	264	6	45
Change in Other Net Operating Assets	-220	-145	-117	-107	-166
Operating Cash Flow	1,196	393	970	766	760
Operating Cash Flow Growth	204.33%	-59.48%	26.63%	0.79%	-30.47%
Capital Expenditures	-402	-367	-292	-284	-331
Cash Acquisitions	-132	-	-	-	-1,643
Divestitures	-	-	-	-	20
Investment in Securities	5	-	39	1	-22
Other Investing Activities	8	19	17	15	22
Investing Cash Flow	-521	-348	-236	-268	-1,954
Short-Term Debt Issued	-	42	-	24	-
Long-Term Debt Issued	-	1,000	-	-	1,650
Total Debt Issued	-	1,042	-	24	1,650
Short-Term Debt Repaid	-	-42	-	-24	-
Long-Term Debt Repaid	-500	-229	-480	-400	-25
Total Debt Repaid	-500	-271	-480	-424	-25
Net Debt Issued (Repaid)	-500	771	-480	-400	1,625
Repurchase of Common Stock	-14	-187	-88	-66	-108
Common Dividends Paid	-213	-206	-200	-192	-186
Other Financing Activities	-5	-22	-3	-	-22
Financing Cash Flow	-732	356	-771	-658	1,309
Net Cash Flow	-57	401	-37	-160	115
Free Cash Flow	794	26	678	482	429
Free Cash Flow Growth	2953.85%	-96.17%	40.66%	12.35%	-42.03%
Free Cash Flow Margin	6.36%	0.22%	5.92%	4.52%	4.50%
Free Cash Flow Per Share	20.20	0.66	16.99	12.02	10.64
Cash Interest Paid	-	101	101	100	76
Cash Income Tax Paid	-	255	330	127	33
Levered Free Cash Flow	690	78.25	647.13	494.88	310.5
Unlevered Free Cash Flow	755.63	137.63	706.5	558.63	358.13
Change in Working Capital	16	-372	15	-249	-214

Updated Feb 5, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q