Honeywell Aerospace Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 28, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	2,544	2,687	2,817	2,886
Depreciation & Amortization	421	412	346	302
Stock-Based Compensation	84	83	74	73
Other Operating Activities	226	166	-232	-110
Change in Accounts Receivable	-196	-267	-395	-134
Change in Inventory	-415	-390	-557	-508
Change in Accounts Payable	132	196	282	524
Change in Unearned Revenue	296	268	-75	-157
Change in Other Net Operating Assets	111	550	278	108
Operating Cash Flow	3,203	3,705	2,538	2,984
Operating Cash Flow Growth	-	45.98%	-14.95%	-
Capital Expenditures	-540	-504	-488	-387
Cash Acquisitions	-	-	-2,130	-
Investment in Securities	2	-1	-15	-
Other Investing Activities	-21	-20	34	-56
Investing Cash Flow	-559	-525	-2,599	-443
Other Financing Activities	-17,958	-3,245	164	-2,520
Financing Cash Flow	-2,115	-3,245	164	-2,520
Foreign Exchange Rate Adjustments	23	34	-4	1
Net Cash Flow	552	-31	99	22
Free Cash Flow	2,663	3,201	2,050	2,597
Free Cash Flow Growth	-	56.15%	-21.06%	-
Free Cash Flow Margin	15.06%	18.39%	13.27%	18.83%
Cash Income Tax Paid	206	206	161	84
Levered Free Cash Flow	-	2,243	-	-
Unlevered Free Cash Flow	-	2,243	-	-
Change in Working Capital	-72	357	-467	-167