Northrop Grumman Corporation (NOC)

Northrop Grumman Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	2,056	4,896	7,005	3,189	2,248
Depreciation & Amortization	1,338	1,342	1,239	1,267	1,265
Share-Based Compensation	87	99	94	90	127
Other Operating Activities	394	-3,436	-4,771	-241	657
Operating Cash Flow	3,875	2,901	3,567	4,305	4,297
Operating Cash Flow Growth	33.57%	-18.67%	-17.14%	0.19%	12.28%
Capital Expenditures	-1,775	-1,280	-1,331	-1,215	-1,264
Acquisitions	0	0	3,400	0	0
Change in Investments	197	0	0	0	0
Other Investing Activities	-4	39	-11	4	57
Investing Cash Flow	-1,582	-1,241	2,058	-1,211	-1,207
Dividends Paid	-1,116	-1,052	-983	-953	-880
Share Issuance / Repurchase	-1,500	-1,504	-3,705	-490	-744
Debt Issued / Paid	945	0	-2,236	1,134	-729
Other Financing Activities	-90	-57	-78	-123	-71
Financing Cash Flow	-1,761	-2,613	-7,002	-432	-2,424
Net Cash Flow	532	-953	-1,377	2,662	666
Free Cash Flow	2,100	1,621	2,236	3,090	3,033
Free Cash Flow Growth	29.55%	-27.50%	-27.64%	1.88%	17.65%
Free Cash Flow Margin	5.34%	4.43%	6.27%	8.40%	8.96%
Free Cash Flow Per Share	13.86	10.46	13.95	18.49	17.91

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).