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NORTHROP GRUMMAN CORP DE (NOC)

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NORTHROP GRUMMAN CORP DE (NOC)

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Cash Flow Overview

Change in Cash
$50M
Free Cash flow
$3,307M
Unit: Million (M) dollars
Positive Cash Flow Breakdown
    • Net earnings
    • Net proceeds from issuance of lo...
    • Deferred income taxes
    • Others
Negative Cash Flow Breakdown
    • Common stock repurchases
    • Payments of long-term debt
    • Cash dividends paid
    • Others
Cash Flow
2025-12-31
2024-12-31
2023-12-31
2022-12-31
Net earnings
4,182
4,174
2,056
4,896
Depreciation and amortization
1,472
1,370
1,338
1,342
Stock-based compensation
119
101
87
99
Deferred income taxes
548
-582
-988
-321
B-21 loss provisions
477
0
1,559
-
Gain on sale of business
231
-
0
0
Mark-to-market pension and opb (benefit) expense
-527
-443
422
-1,232
Net periodic pension and opb income
-346
-438
-308
-1,193
Pension and opb contributions
130
129
139
136
Accounts receivable, net
108
-182
-54
44
Unbilled receivables, net
754
215
-247
646
Inventoried costs, net
-97
358
220
205
Prepaid expenses and other assets
-8
-35
86
-2
Trade accounts payable
646
-
-
-
Advance payments and billings in excess of costs incurred
19
-
-
-
Accounts payable and other liabilities
-
-513
519
572
Other liabilities
-212
-
-
-
Income taxes payable, net
-559
1,143
-658
-279
Other operating activities
-56
-61
8
-46
Net cash provided by operating activities
4,757
4,388
3,875
2,901
Capital expenditures
1,450
1,767
1,775
1,435
Proceeds from sale of equipment to a customer
-
0
0
155
Proceeds from divestiture of businesses
333
-
0
0
Proceeds from sale, maturity and collection of investments
0
0
197
-
Other investing activities
38
-18
4
-39
Net cash used in investing activities
-1,155
-1,749
-1,582
-1,241
Net proceeds from issuance of long-term debt
998
2,495
1,995
0
Payments of long-term debt
1,500
0
1,050
0
Payments to credit facilities
-
-
-
0
Common stock repurchases
1,624
2,514
1,500
1,504
Cash dividends paid
1,293
1,186
1,116
1,052
Payments of employee taxes withheld from share-based awards
39
58
52
50
Other financing activities
-94
-132
-38
-7
Net cash used in financing activities
-3,552
-1,395
-1,761
-2,613
Increase in cash and cash equivalents
50
1,244
532
-953
Cash and cash equivalents at beginning of period
4,353
3,109
2,577
3,530
Cash and cash equivalents at end of period
4,403
4,353
3,109
2,577
Unit: Million (M) dollars (except for numbers of shares and EPS).

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Net earnings$4,182M (0.19%↑ Y/Y)Depreciation andamortization$1,472M (7.45%↑ Y/Y)Deferred income taxes$548M (194.16%↑ Y/Y)B-21 loss provisions$477M Gain on sale ofbusiness$231M Stock-based compensation$119M (17.82%↑ Y/Y)Other operatingactivities-$56M (8.20%↑ Y/Y)Net cash provided byoperating activities$4,757M (8.41%↑ Y/Y)Canceled cashflow$2,424M Other liabilities-$212M Increase in cash and cashequivalents$50M (-95.98%↓ Y/Y)Canceled cashflow$4,707M Unbilled receivables,net$754M (250.70%↑ Y/Y)Income taxes payable,net-$559M (-148.91%↓ Y/Y)Mark-to-market pension and opb(benefit) expense-$527M (-18.96%↓ Y/Y)Net periodicpension and opb income-$346M (21.00%↑ Y/Y)Pension and opbcontributions$130M (0.78%↑ Y/Y)Accounts receivable, net$108M (159.34%↑ Y/Y)Net proceeds fromissuance of long-term...$998M (-60.00%↓ Y/Y)Proceeds fromdivestiture of businesses$333M Canceled cashflow$212M Net cash used infinancing activities-$3,552M (-154.62%↓ Y/Y)Net cash used ininvesting activities-$1,155M (33.96%↑ Y/Y)Canceled cashflow$998M Canceled cashflow$333M Trade accountspayable$646M Inventoried costs, net-$97M (-127.09%↓ Y/Y)Advance payments andbillings in excess of...$19M Prepaid expenses andother assets-$8M (77.14%↑ Y/Y)Common stockrepurchases$1,624M (-35.40%↓ Y/Y)Payments of long-termdebt$1,500M Cash dividends paid$1,293M (9.02%↑ Y/Y)Capital expenditures$1,450M (-17.94%↓ Y/Y)Other financingactivities-$94M (28.79%↑ Y/Y)Payments of employeetaxes withheld from...$39M (-32.76%↓ Y/Y)Other investingactivities$38M (311.11%↑ Y/Y)