Textron Reports Third Quarter 2022 Results; Narrows Full Year EPS Range and Raises Cash Flow Guidance

While we believe this measure provides a focus on cash generated from manufacturing operations, before pension contributions, and may be used as an additional relevant measure of liquidity, it does not necessarily provide the amount available for discretionary expenditures since we have certain non-discretionary obligations that are not deducted from the measure.

 

Three Months Ended

Nine Months Ended

 

October 1,
2022

October 2,
2021

October 1,
2022

October 2,
2021

Net cash from operating activities - GAAP

$

356

 

$

333

 

$

945

 

$

1,012

 

Less: Capital expenditures

 

(78

)

 

(76

)

 

(192

)

 

(204

)

Plus: Total pension contributions

 

11

 

 

11

 

 

36

 

 

40

 

Proceeds from sale of property, plant and equipment

 

3

 

 

3

 

 

21

 

 

3

 

Manufacturing cash flow before pension contributions - Non-GAAP

$

292

 

$

271

 

$

810

 

$

851

 

 

2022 Outlook

Net cash from operating activities - GAAP

$

1,404

$

1,504

Less: Capital expenditures

 

(375)

 

Add: Total pension contributions

 

50

 

Proceeds from sale of property, plant and equipment

 

21

 

Manufacturing cash flow before pension contributions - Non-GAAP

$

1,100

$

1,200


« Previous Page 1 | 2 | 3 | 4 | 5  Next Page »
Featured Video
Jobs
GIS Specialist for Washington State Department of Natural Resources at Olympia, Washington
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Mechanical Engineer 3 for Lam Research at Fremont, California
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Manufacturing Test Engineer for Google at Prague, Czechia, Czech Republic
Upcoming Events
URISA GIS Leadership Academy at Embassy Suites Fort Worth Downtown 600 Commerce Street Fort Worth, TX - Nov 18 - 22, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise