Exelis reports third-quarter 2012 financial results; maintains 2012 full-year outlook

   
Exelis Inc.
Free Cash Flow Year-to-Date
 
Nine Months Ending Nine Months Ending
September 30,   September 30,
($ million)   2012   2011
Cash Flow From Operating Activities   97     343  
Subtract        
Capital Expenditures (86 ) (55 )
         
         
Free Cash Flow   11     288  
 
Add:        
Separation Costs, net of tax 19 15
Reversal Separation Tax Receivable (4 ) -
Separation Related Tax Items   -     -  
Free Cash Flow, as Adjusted   26     303  

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