Science Applications International Corp
For the period ended Jan 31, 2025. Filed Mar 17, 2025.
View on SEC.govAbout this filing
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.
FY2025 · Filed Mar 17, 2025
SAIC$152.53+1.0%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
Item 8. Consolidated Statements of Cash Flows
SCIENCE APPLICATIONS INTERNATIONAL CORPORATIONCONSOLIDATED STATEMENTS OF CASH FLOWS
| Year Ended | |||
|---|---|---|---|
| January 31,2025 | February 2,2024 | February 3,2023 | |
| (in millions) | |||
| Cash flows from operating activities: | |||
| Net income | $362 | $477 | $303 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 140 | 142 | 157 |
| Deferred income taxes | (3) | (17) | (17) |
| Stock-based compensation expense | 53 | 68 | 48 |
| Gain on divestitures | — | (247) | — |
| Other | (7) | (6) | (1) |
| Increase (decrease) resulting from changes in operating assets and liabilities, net of the effect of the acquisitions and divestitures: | |||
| Receivables | (86) | (46) | 79 |
| Prepaid expenses and other current assets | 24 | (43) | (10) |
| Other assets | 1 | (14) | 6 |
| Accounts payable and accrued liabilities | 48 | 13 | (9) |
| Accrued payroll and employee benefits | (31) | 49 | (36) |
| Operating lease assets and liabilities, net | (6) | (4) | (3) |
| Other long-term liabilities | (1) | 24 | 15 |
| Net cash provided by operating activities | 494 | 396 | 532 |
| Cash flows from investing activities: | |||
| Expenditures for property, plant, and equipment | (36) | (27) | (25) |
| Purchases of marketable securities | (14) | (8) | (7) |
| Sales of marketable securities | 12 | 6 | 4 |
| Proceeds from sale of equity method investments | 10 | — | — |
| Proceeds from divestitures | — | 356 | — |
| Cash divested upon deconsolidation of joint venture | — | (8) | — |
| Other | (7) | (5) | (8) |
| Net cash (used in) provided by investing activities | (35) | 314 | (36) |
| Cash flows from financing activities: | |||
| Principal payments on borrowings | (1,381) | (441) | (990) |
| Proceeds from borrowings | 1,499 | 160 | 840 |
| Stock repurchased and retired or withheld for taxes on equity awards | (558) | (382) | (267) |
| Dividend payments to stockholders | (75) | (79) | (83) |
| Issuances of stock | 20 | 17 | 16 |
| Debt issuance costs | — | — | (6) |
| Other | (3) | — | (3) |
| Net cash used in financing activities | (498) | (725) | (493) |
| Net (decrease) increase in cash, cash equivalents and restricted cash | (39) | (15) | 3 |
| Cash, cash equivalents and restricted cash at beginning of period | 103 | 118 | 115 |
| Cash, cash equivalents and restricted cash at end of period | $64 | $103 | $118 |
| See accompanying notes to consolidated financial statements. | |||
| Supplementary cash flow disclosure: | |||
| Cash paid for interest | $121 | $125 | $111 |
| Cash paid for income taxes | $66 | $165 | $70 |
| Non-cash investing activities: | |||
| Increase (decrease) in accrued property, plant, and equipment | $2 | $(1) | $(1) |
| Non-cash financing activities: | |||
| Increase (decrease) in accrued plan share repurchases | $1 | $1 | $(2) |
| Increase in accrued excise taxes on plan share repurchases | $5 | $3 | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.