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Midas Edge

HUNTINGTON INGALLS INDUSTRIES INC

For the period ended Dec 31, 2024. Filed Feb 6, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 6, 2025

HII$304.36+5.4%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

ACCOUNTS RECEIVABLE

  1. ACCOUNTS RECEIVABLE

Accounts receivable include amounts related to any unconditional Company right to receive consideration. Substantially all amounts included in accounts receivable as of December 31, 2024, are expected to be collected in 2025. The Company's accounts receivable are primarily with the U.S. Government and include amounts from companies acting as a prime contractor to the U.S. Government. The Company does not have material exposure to accounts receivable credit risk.

Accounts receivable were comprised of the following:

($ in millions)20242023
Due from U.S. Government$210$464
Due from other customers45
Total accounts receivable214469
Allowance for expected credit losses(2)(8)
Total accounts receivable, net$212$461
ContentsView on SEC.gov

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