Exelis Inc. | ||||||
Free Cash Flow | ||||||
Six Months Ended June 30, | ||||||
($ million) | 2012 | 2011 | ||||
Cash Flow From Operating Activities | (110 | ) | 216 | |||
Subtract: | ||||||
Capital Expenditures | (50 | ) | (35 | ) | ||
Free Cash Flow | (160 | ) | 181 | |||
Add: | ||||||
Separation Costs, net of tax | 15 | 9 | ||||
Separation Related Tax Items | 4 | |||||
Free Cash Flow, as Adjusted | (141 | ) | 190 |