L3Harris Technologies Reports Strong Third Quarter 2024 Results, Increases 2024 Guidance

Table 8 - Adjusted Free Cash Flow (unaudited)

 

Third Quarter

 

Year to Date

(In millions)

 

2024

 

 

 

2023

 

 

 

2024

 

 

 

2023

 

 

 

 

 

 

 

 

 

Net cash provided by operating activities

$

780

 

 

$

543

 

 

$

1,430

 

 

$

1,307

 

Additions to property, plant and equipment

 

(78

)

 

 

(148

)

 

 

(290

)

 

 

(312

)

Free cash flow

 

702

 

 

 

395

 

 

 

1,140

 

 

 

995

 

Cash used for merger, acquisition and severance1,2

 

26

 

 

 

222

 

 

 

146

 

 

 

278

 

Adjusted free cash flow

$

728

 

 

$

617

 

 

$

1,286

 

 

$

1,273

 

 

 

 

 

 

 

 

 

1 Refer to Key Terms and Non-GAAP Definitions on page 17.

2 2023 amounts reclassified to include cash paid for severance.

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