Science Applications International Corp
For the period ended Jan 30, 2026. Filed Mar 16, 2026.
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FY2026 · Filed Mar 16, 2026
SAIC$152.53+1.0%Stored close · as of Nov 10, 2026
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Item 8. Consolidated Statements of Cash Flows
SCIENCE APPLICATIONS INTERNATIONAL CORPORATIONCONSOLIDATED STATEMENTS OF CASH FLOWS
| Year Ended | |||
|---|---|---|---|
| January 30,2026 | January 31,2025 | February 2,2024 | |
| (in millions) | |||
| Cash flows from operating activities: | |||
| Net income | $358 | $362 | $477 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 149 | 140 | 142 |
| Deferred income taxes | 81 | (3) | (17) |
| Stock-based compensation expense | 64 | 53 | 68 |
| Gain on divestitures | — | — | (247) |
| Other | 1 | (7) | (6) |
| Increase (decrease) resulting from changes in operating assets and liabilities, net of the effect of the acquisitions and divestitures: | |||
| Receivables | 161 | (86) | (46) |
| Prepaid expenses and other current assets | (44) | 24 | (43) |
| Accounts payable and other accrued liabilities | (101) | 48 | 13 |
| Accrued payroll and employee benefits | (28) | (31) | 49 |
| Operating lease assets and liabilities, net | (2) | (6) | (4) |
| Other assets and other long-term liabilities, net | (30) | — | 10 |
| Net cash provided by operating activities | 609 | 494 | 396 |
| Cash flows from investing activities: | |||
| Cash paid for acquisition, net of cash acquired | (203) | — | — |
| Expenditures for property, plant, and equipment | (32) | (36) | (27) |
| Contributions to investments | (11) | (7) | (10) |
| Purchases of marketable securities | (9) | (14) | (8) |
| Sales of marketable securities | 7 | 12 | 6 |
| Proceeds from sale of equity method investments | — | 10 | — |
| Proceeds from divestitures | — | — | 356 |
| Cash divested upon deconsolidation of joint venture | — | — | (8) |
| Other | — | — | 5 |
| Net cash (used in) provided by investing activities | (248) | (35) | 314 |
| Cash flows from financing activities: | |||
| Proceeds from borrowings | 2,745 | 1,499 | 160 |
| Principal payments on borrowings | (2,474) | (1,381) | (441) |
| Stock repurchased and retired or withheld for taxes on equity awards | (445) | (558) | (382) |
| Dividend payments to stockholders | (70) | (75) | (79) |
| Issuances of stock | 22 | 20 | 17 |
| Debt issuance costs | (9) | — | — |
| Other | (4) | (3) | — |
| Net cash used in financing activities | (235) | (498) | (725) |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 126 | (39) | (15) |
| Cash, cash equivalents and restricted cash at beginning of period | 64 | 103 | 118 |
| Cash, cash equivalents and restricted cash at end of period | $190 | $64 | $103 |
| See accompanying notes to consolidated financial statements. | |||
| Supplementary cash flow disclosure: | |||
| Cash paid for interest | $101 | $121 | $125 |
| Non-cash investing activities: | |||
| Increase (decrease) in accrued property, plant, and equipment | $2 | $2 | $(1) |
| Non-cash financing activities: | |||
| Increase (decrease) in accrued plan share repurchases | $(1) | $1 | $1 |
| Increase in accrued excise taxes on plan share repurchases | $3 | $5 | $3 |
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