Exelis Inc. | ||||||
Free Cash Flow Year-to-Date | ||||||
Twelve Months Ending | ||||||
December 31, | ||||||
($ million) | 2013 | 2012 | ||||
Cash Flow From Operating Activities | 310 | 385 | ||||
Subtract: | ||||||
Capital Expenditures | (78 | ) | (119 | ) | ||
Free Cash Flow | 232 | 266 | ||||
Add: | ||||||
Separation Costs for the Exelis Mission Systems Spin-off, net of tax | 2 | - | ||||
Separation Costs for the ITT Spin-off, net of tax | - | 19 | ||||
Free Cash Flow, as Adjusted | 234 | 285 | ||||