XML 18 R5.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating Activities    
Net earnings $ 2,572 $ 1,848
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 534 323
Stock-based compensation 82 66
Deferred income taxes 176 86
Changes in assets and liabilities:    
Accounts receivable, net (52) (368)
Unbilled receivables, net (898) (1,049)
Inventoried costs, net (102) (20)
Prepaid expenses and other assets (109) (95)
Accounts payable and other liabilities (125) 80
Income taxes payable, net (114) (58)
Retiree benefits (447) 235
Other, net (67) (42)
Net cash provided by operating activities 1,450 1,006
Investing activities    
Acquisition of Orbital ATK, net of cash acquired (7,657) 0
Capital expenditures (786) (650)
Other, net 23 21
Net cash used in investing activities (8,420) (629)
Financing activities    
Payments of long-term debt (2,276) 0
Payments to credit facilities (314) 0
Net borrowings on commercial paper 499 0
Common stock repurchases (209) (393)
Cash dividends paid (616) (515)
Payments of employee taxes withheld from share-based awards (84) (91)
Other, net (27) (41)
Net cash used in financing activities (3,027) (1,040)
Decrease in cash and cash equivalents (9,997) (663)
Cash and cash equivalents, beginning of year 11,225 2,541
Cash and cash equivalents, end of period $ 1,228 $ 1,878