NORTHROP GRUMMAN CORP DE

For the period ended Jun 30, 2024. Filed Jul 25, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Jul 25, 2024

NOC$548.61+1.8%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Cash Flows

	Six Months Ended June 30
$ in millions	2024	2023
Operating activities
Net earnings	$1,884	$1,654
Adjustments to reconcile to net cash provided by operating activities:
Depreciation and amortization	625	621
Stock-based compensation	46	47
Deferred income taxes	(230)	(423)
Net periodic pension and OPB income	(226)	(154)
Pension and OPB contributions	(69)	(75)
Changes in assets and liabilities:
Accounts receivable, net	(240)	(591)
Unbilled receivables, net	(741)	110
Inventoried costs, net	(398)	(331)
Prepaid expenses and other assets	45	66
Accounts payable and other liabilities	(918)	(1,043)
Income taxes payable, net	925	285
Other, net	16	51
Net cash provided by operating activities	719	217
Investing activities
Capital expenditures	(590)	(613)
Other, net	—	1
Net cash used in investing activities	(590)	(612)
Financing activities
Net proceeds from issuance of long-term debt	2,495	1,995
Net borrowings on commercial paper	—	768
Common stock repurchases	(1,752)	(931)
Cash dividends paid	(586)	(554)
Payments of employee taxes withheld from share-based awards	(57)	(50)
Other, net	(66)	(26)
Net cash provided by financing activities	34	1,202
Increase in cash and cash equivalents	163	807
Cash and cash equivalents, beginning of year	3,109	2,577
Cash and cash equivalents, end of period	$3,272	$3,384

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.