NORTHROP GRUMMAN CORP /DE/
For the period ended Sep 30, 2025. Filed Oct 21, 2025.
View on SEC.govAbout 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.
Sep 30, 2025 · Filed Oct 21, 2025
NOC$548.61+1.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
| Nine Months Ended September 30 | ||
|---|---|---|
| $ in millions | 2025 | 2024 |
| Operating activities | ||
| Net earnings | $2,755 | $2,910 |
| Adjustments to reconcile to net cash provided by operating activities: | ||
| Depreciation and amortization | 1,066 | 956 |
| Stock-based compensation | 65 | 72 |
| Deferred income taxes | 344 | (387) |
| B-21 loss provision | 477 | — |
| Gain on sale of business | (231) | — |
| Net periodic pension and OPB income | (256) | (339) |
| Pension and OPB contributions | (94) | (93) |
| Changes in assets and liabilities: | ||
| Accounts receivable, net | (716) | (155) |
| Unbilled receivables, net | (1,240) | (825) |
| Inventoried costs, net | (179) | (542) |
| Prepaid expenses and other assets | (29) | (15) |
| Accounts payable and other liabilities | (642) | (915) |
| Income taxes payable, net | (421) | 1,106 |
| Other, net | (39) | 37 |
| Net cash provided by operating activities | 860 | 1,810 |
| Investing activities | ||
| Capital expenditures | (788) | (951) |
| Divestiture of training services business | 333 | — |
| Other, net | (36) | — |
| Net cash used in investing activities | (491) | (951) |
| Financing activities | ||
| Net proceeds from issuance of long-term debt | 998 | 2,495 |
| Payments of long-term debt | (1,500) | — |
| Common stock repurchases | (1,168) | (2,073) |
| Cash dividends paid | (964) | (887) |
| Payments of employee taxes withheld from share-based awards | (38) | (57) |
| Other, net | (93) | (120) |
| Net cash used in financing activities | (2,765) | (642) |
| (Decrease) increase in cash and cash equivalents | (2,396) | 217 |
| Cash and cash equivalents, beginning of year | 4,353 | 3,109 |
| Cash and cash equivalents, end of period | $1,957 | $3,326 |
-3-
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.