L3HARRIS TECHNOLOGIES, INC. HRS Cash Flow

L3harris technologies, inc. (HRS)

CashFlow / Quarterly

Apr'20	Jan'20	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Dec'08	Sep'08
Operating Activities
Net income
194,000	399,000	435,000	268,000	243,000	225,000	213,000	213,000	196,000	131,000	159,000	121,000	85,000	177,000	160,000	160,000	168,000	-152,000	148,000	-56,000	126,000	139,000	125,000	131,000	141,200	136,100	125,700	55,900	94,300	44,800	-86,000	128,500	-354,100	132,300	121,100	132,900	139,200	151,100	163,900	151,400	166,200	139,500	104,500	-318,900	114,200	-38,600	118,700
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of acquisition-related intangibles
-	-	-	-	-	29,000	-	-	29,000	30,000	28,000	-	33,000	33,000	33,000	33,000	33,000	33,000	33,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
230,000	241,000	201,000	123,000	64,000	6,000	65,000	154,000	33,000	35,000	37,000	171,000	39,000	48,000	53,000	66,000	49,000	53,000	61,000	69,000	60,000	53,000	51,000	55,400	48,200	50,400	50,000	56,700	54,100	55,400	54,800	66,300	64,700	66,000	63,300	63,500	52,300	49,400	46,800	44,700	40,200	38,700	42,100	50,200	41,800	43,200	42,500
Share-based compensation
87,000	84,000	143,000	34,000	37,000	32,000	38,000	32,000	26,000	13,000	11,000	9,000	11,000	11,000	11,000	10,000	10,000	9,000	10,000	11,000	9,000	9,000	8,000	6,500	10,000	10,100	8,400	7,400	10,600	9,000	6,000	8,300	9,800	7,300	9,300	9,600	10,400	10,100	16,000	6,500	7,600	10,100	11,100	14,400	9,100	9,400	9,000
Qualified pension plan contributions
2,000	1,000	327,000	-	0	-	0	-	-	-	-	446,000	40,000	39,000	64,000	40,000	37,000	36,000	61,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension and other postretirement benefit plan income
-80,000	-71,000	-58,000	-	-37,000	-	-38,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of goodwill and other assets
324,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling interest in discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-16,700	-137,800	-600
Gain on sale of CapRock commercial business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,100	-1,000	-1,700	-8,400	-23,600	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension income
-	-	-	-	-	-30,000	-	-	-33,000	-34,000	-34,000	-	-24,000	-25,000	-24,000	-9,000	-5,000	-6,000	-6,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Business
-	0	229,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of assets of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,300	0	98,400	222,300	23,600	562,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of securities available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	3,000	6,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Non-current deferred income taxes
-35,000	-	0	-	5,000	-	9,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	-1,000	-	4,600	-4,700	29,900	-52,900	2,700	-10,100	10,300	1,800	-54,200	-3,200	-200	19,600	7,700	8,500	1,300	-5,900	-1,700	-5,300	6,400	-39,600	-5,600	1,100	-3,100
Adjustment to loss on sales of businesses, net
-	0	12,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Increase) decrease in:
Accounts receivable
164,000	-43,000	-31,000	22,000	-41,000	62,000	-34,000	7,000	80,000	-40,000	54,000	-10,000	111,000	-164,000	39,000	-90,000	118,000	-138,000	-82,000	-70,000	71,000	-22,000	38,000	-191,800	73,100	23,500	-20,800	10,000	-30,400	20,800	-78,400	-63,400	56,900	-62,200	83,900	23,300	81,700	6,100	-68,200	79,700	-22,100	-68,400	-29,200	-2,700	23,800	67,600	-121,400
Contract assets
110,000	-125,000	110,000	-74,000	52,000	-41,000	88,000	-34,000	26,000	25,000	59,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of securities available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	7,600
Inventories
-40,000	-83,000	-75,000	-21,000	8,000	11,000	3,000	-17,000	13,000	-1,000	24,000	6,000	-24,000	52,000	-2,000	6,000	-69,000	-17,000	108,000	-37,000	-14,000	1,000	30,000	-55,300	-14,700	32,400	-12,400	22,300	21,800	-33,700	43,600	6,500	40,200	10,700	-32,200	20,100	43,100	-18,800	20,300	-33,000	-25,100	42,200	29,800	116,300	42,700	-23,900	-66,800
Increase (decrease) in:
Accounts payable
253,000	-148,000	0	15,000	2,000	40,000	-141,000	128,000	32,000	10,000	-88,000	118,000	-53,000	43,000	-90,000	165,000	-47,000	30,000	-158,000	179,000	9,000	-18,000	-102,000	-3,800	10,200	25,400	-81,800	99,300	5,700	-31,900	-119,100	74,200	61,400	-50,000	-119,400	113,300	49,000	-15,900	-55,900	13,400	64,900	-24,100	-106,000	138,300	-60,600	-39,000	33,400
Contract liabilities
-47,000	7,000	-7,000	30,000	-13,000	69,000	38,000	23,000	11,000	29,000	18,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Compensation and benefits
-126,000	-65,000	37,000	-	48,000	-	-16,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advance payments and unearned income
-	-	-	-	-	-	-	-	-	-	-	-	-4,000	-27,000	-31,000	-9,000	-28,000	-46,000	-13,000	-23,000	-13,000	-24,000	12,000	-32,300	-200	-10,200	700	3,400	38,800	42,300	-2,500	11,200	-30,400	46,800	-3,800	2,000	32,700	1,200	11,700	14,100	-34,800	39,600	34,100	-41,200	17,200	21,200	-14,400
Income taxes
20,000	75,000	-28,000	-134,000	35,000	48,000	28,000	-265,000	-68,000	91,000	125,000	45,000	-89,000	7,000	63,000	129,000	39,000	-29,000	60,000	-48,000	38,000	-37,000	45,000	59,800	-9,800	-16,300	15,300	63,500	-17,400	-60,600	11,500	14,400	30,000	-53,700	61,000	-32,400	14,600	-123,500	76,700	-23,700	16,600	-37,200	45,100	-37,700	13,000	-52,500	35,900
Other accrued items
-69,000	-135,000	7,000	-	26,000	-	-6,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-18,000	-196,000	77,000	-100,000	-14,000	77,000	16,000	-14,000	-51,000	43,000	24,000	8,000	-106,000	88,000	31,000	-82,000	12,000	-25,000	-16,000	-56,000	-1,000	2,000	-10,000	40,300	-32,800	29,000	10,500	-1,100	-12,700	-1,800	5,600	15,500	-13,100	-2,300	900	-11,200	13,600	-800	13,500	-13,600	-7,700	600	2,200	-38,000	33,900	100	-3,300
Net cash provided by operating activities
533,000	858,000	81,000	311,000	405,000	352,000	117,000	521,000	-143,000	278,000	95,000	80,000	194,000	252,000	43,000	417,000	120,000	323,000	64,000	459,000	173,000	142,000	80,000	395,000	174,500	106,900	172,600	319,800	233,700	159,000	120,500	369,700	205,200	199,300	78,700	276,300	167,500	94,400	294,900	167,400	313,900	186,900	134,500	262,300	215,200	151,800	37,500
Investing Activities
Net cash acquired in L3Harris Merger
-	-2,000	1,132,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash paid for acquired businesses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	534,200	30,400	0	518,000	11,900	6,500	34,700	-1,000	-	-	-	-
Cash paid for cost-method investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	200	0	0	800	0	1,000	0	0	0	0	0	10,000	-	-	-	-	-	-	-	-
Cash adjustments related to acquired businesses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net additions of property, plant and equipment
48,000	89,000	84,000	57,000	37,000	36,000	31,000	57,000	36,000	20,000	23,000	40,000	30,000	28,000	21,000	68,000	35,000	25,000	24,000	46,000	23,000	38,000	41,000	61,300	54,700	51,600	33,400	40,100	45,000	40,000	39,900	52,500	46,100	33,900	77,400	125,200	85,100	63,900	37,100	60,000	91,400	19,900	18,600	22,100	26,900	32,100	27,800
Additions of capitalized software
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6,400	-3,800	1,000	-3,800	-6,000	-6,700	-6,700	-4,500	-3,500	-2,900	-2,900	-4,300	-1,800	-2,400	-1,900	-2,000	-2,800	-3,300	-2,900	-3,900
Proceeds from sales of businesses, net
-	-3,000	346,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	43,000	0	0	7,000	15,000	0	0	27,000	-400	147,400	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustment to proceeds from sale of business
-	-	-	-	-	-	-	-	-	-	-	0	0	0	25,000	0	11,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of asset group
-	0	20,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other investing activities
10,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of securities available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	0	4,000	7,900	0	0	0	0	-	-	-	-	-	-	-	-	0	1,000	900	1,800
Cash paid for short-term investments available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,200
Net cash used in investing activities
-58,000	-94,000	1,414,000	-55,000	-37,000	-36,000	-31,000	-60,000	-36,000	-22,000	-23,000	599,000	345,000	-28,000	-46,000	111,000	-63,000	-25,000	-24,000	-3,189,000	-23,000	-38,000	-34,000	-46,000	-58,000	-51,600	-6,400	-47,000	98,600	-35,000	-36,600	-58,600	-53,800	-54,600	-81,900	-662,900	-118,400	-66,800	-569,400	-73,700	-100,300	-56,500	-19,600	-761,100	-38,300	-34,100	-31,100
Financing Activities
Net proceeds from borrowings
245,000	393,000	3,000	1,000	0	-190,000	216,000	835,000	304,000	248,000	0	-150,000	50,000	177,000	8,000	-57,000	-91,000	168,000	41,000	3,669,000	-19,000	30,000	3,000	28,400	2,500	-1,700	4,800	900	6,700	-300	10,700	-159,500	-196,000	-15,600	380,500	-3,600	166,700	444,900	244,100	-	-	-	-	453,300	-200	200	78,500
Repayments of borrowings
1,000	405,000	100,000	4,000	301,000	3,000	0	1,291,000	4,000	328,000	35,000	36,000	248,000	262,000	38,000	220,000	115,000	222,000	173,000	908,000	29,000	8,000	9,000	51,600	19,800	-6,700	69,300	223,100	11,500	47,900	81,500	30,600	0	3,300	400	100	300	300	0	-29,800	45,200	-19,700	81,100	900	1,100	70,200	9,200
Proceeds from exercises of employee stock options
33,000	14,000	95,000	26,000	6,000	3,000	15,000	3,000	13,000	4,000	14,000	4,000	23,000	12,000	15,000	8,000	3,000	14,000	19,000	13,000	6,000	10,000	18,000	7,100	34,100	37,200	62,600	13,300	6,300	17,900	60,500	5,500	16,500	3,300	2,900	5,300	8,700	7,900	2,600	6,800	6,100	5,900	100	-2,000	300	2,000	5,300
Repurchases of common stock
700,000	750,000	750,000	0	0	0	200,000	75,000	47,000	75,000	75,000	250,000	360,000	0	100,000	0	0	0	0	0	0	50,000	100,000	77,900	65,300	50,100	106,700	140,400	160,400	50,300	63,900	25,100	25,200	17,000	406,200	100,100	50,300	50,200	55,500	52,300	50,200	50,200	55,300	100	50,100	500	81,600
Cash dividends
183,000	160,000	177,000	81,000	81,000	81,000	82,000	67,000	68,000	68,000	69,000	63,000	65,000	66,000	68,000	63,000	62,000	63,000	64,000	49,000	50,000	49,000	50,000	44,500	45,100	45,100	45,300	40,400	40,600	42,100	41,900	37,400	37,700	31,900	32,600	31,300	31,700	31,800	32,200	28,600	28,600	28,800	29,000	26,500	26,200	27,000	26,900
Distributions to noncontrolling interests
5,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax withholding payments associated with vested share-based awards
1,000	-	-	-	4,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other financing activities
-	47,000	-85,000	23,000	-4,000	-2,000	-18,000	3,000	0	-1,000	-9,000	20,000	-1,000	-1,000	-18,000	-1,000	0	0	-15,000	-16,000	-25,000	-2,000	-12,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-612,000	-957,000	-1,014,000	-59,000	-380,000	-273,000	-69,000	-609,000	198,000	-220,000	-174,000	-496,000	-601,000	-140,000	-201,000	-333,000	-265,000	-103,000	-192,000	2,709,000	-117,000	-69,000	-150,000	-147,500	-93,600	-53,000	-153,900	-401,700	-199,500	-122,700	-116,100	-247,100	-242,400	-64,500	-55,800	-129,800	93,100	370,500	159,000	-44,300	-117,900	-53,400	-165,300	323,800	-77,300	-95,500	-33,900
Effect of exchange rate changes on cash and cash equivalents
-24,000	16,000	-10,000	-1,000	3,000	-5,000	0	-7,000	2,000	-2,000	6,000	-1,000	3,000	-7,000	1,000	-10,000	-1,000	-4,000	-9,000	14,000	-15,000	-14,000	-8,000	9,900	-7,700	-5,100	3,900	-9,100	-1,900	0	3,000	-7,000	3,000	1,400	-2,500	-1,800	2,100	1,300	1,700	100	-200	2,100	300	4,200	-300	-11,700	-300
Net decrease in cash and cash equivalents
-161,000	-177,000	471,000	196,000	-9,000	38,000	17,000	-155,000	21,000	34,000	-96,000	182,000	-59,000	77,000	-203,000	185,000	-209,000	191,000	-161,000	-7,000	18,000	21,000	-112,000	211,400	15,200	-2,800	16,200	-138,000	130,900	1,300	-29,200	57,000	-88,000	81,600	-61,500	-518,200	144,300	399,400	-113,800	49,500	95,500	79,100	-50,100	-170,800	99,300	10,500	-27,800
Less cash and cash equivalents of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-17,900	-3,300	-94,400
Cash and cash equivalents of continuing operations, end of quarter
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	247,800