L3Harris Technologies
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of L3Harris Technologies generated cash of $2,096,000,000, which is less than the previous year. Cash used in financing activities reached the amount of $4,594,000,000 last year. Net change in cash is therefore -$320,000,000.
Cash Flow
| 2016 | 924M | -1M | -893M |
|---|---|---|---|
| 2018 | 751M | -141M | -805M |
| 2019 | 939M | 1.32B | -1.97B |
| 2021 | 2.79B | 751M | -3.11B |
| 2021 | 2.68B | 1.39B | -4.41B |
| 2022 | 2.15B | -250M | -1.95B |
| 2023 | 2.09B | -7.02B | 4.59B |
0L3H.L Cash Flow Statement (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2015 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 880M | 941M | 1.27B | 824M | 288M | 484M | 481M |
Operating activities | |||||||
Net income | 1.22B | 1.06B | 1.84B | 1.08B | 1.64B | 699M | 324M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 1.16B | 938M | 967M | 1.03B | 894M | 259M | 361M |
Stock-based compensation expense | 320M | 325M | 348M | 310M | 454M | 82M | 39M |
| Deferred income tax benefit | 320M | 325M | 348M | 310M | 454M | 82M | 39M |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 186M | -210M | 217M | -250M | 89M | -101M | 192M |
Inventories | -182M | -310M | -68M | 60M | 158M | -19M | -28M |
Accounts payable | 87M | 180M | 430M | 173M | -148M | 82M | -10M |
Cash generated by operating activities | 2.09B | 2.15B | 2.68B | 2.79B | 939M | 751M | 924M |
Investing activities | |||||||
Purchases Of Investments | 0 | -47M | 0 | 0 | 0 | 0 | -19M |
Investments In Property Plant And Equipment | -449M | -252M | -342M | -368M | -173M | -136M | -152M |
Acquisitions Net | -6.56B | -42M | 1.71B | 1.02B | 1.49B | -2M | 170M |
Cash generated by investing activities | -7.02B | -250M | 1.39B | 751M | 1.32B | -141M | -1M |
Financing activities | |||||||
Common Stock Issued | 0 | 0 | 103M | 957M | 109M | 0 | 44M |
Payments for dividends | -868M | -864M | -817M | -725M | -337M | -272M | -252M |
Repurchases of common stock | -518M | -1.08B | -3.67B | -2.29B | -1.5B | -272M | -150M |
Repayments of term debt | 5.99B | -10M | -13M | -931M | -109M | -271M | -669M |
Cash used in financing activities | 4.59B | -1.95B | -4.41B | -3.11B | -1.97B | -805M | -893M |
Net Change In Cash | -320M | -61M | -335M | 452M | 536M | -196M | 6M |
Cash at end of period | 560M | 880M | 941M | 1.27B | 824M | 288M | 487M |
| Data source | Data source | Data source | Data source | Data source | Data source |