Switch to:
General Dynamics Corp (NYSE:GD)
Cash Flow from Operations
$3,313 Mil (TTM As of Jun. 2014)

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Jun. 2014, General Dynamics Corp's Net Income From Continuing Operations was $541 Mil. Its DDA was $120 Mil. Its Change In Working Capital was $106 Mil. Its cash flow from deferred tax was $22 Mil. Its Cash Flow from Discontinued Operations was $33 Mil. And its Cash Flow from Others was $44 Mil. In all, General Dynamics Corp's Cash Flow from Operations for the three months ended in Jun. 2014 was $866 Mil.


Definition

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

General Dynamics Corp's Cash Flow from Operations for the fiscal year that ended in Dec. 2013 is calculated as:

General Dynamics Corp's Cash Flow from Operations for the quarter that ended in Jun. 2014 is

General Dynamics Corp Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2014 was 463 (Sep. 2013 ) + 1556 (Dec. 2013 ) + 428 (Mar. 2014 ) + 866 (Jun. 2014 ) = $3,313 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

General Dynamics Corp's net income from continuing operations for the three months ended in Jun. 2014 was $541 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
• The term “depreciation” is used when discussing man made tangible assets
• The term “depletion” is used when discussing natural tangible assets
• The term “amortization” is used when discussing intangible assets

General Dynamics Corp's depreciation, depletion and amortization for the three months ended in Jun. 2014 was $120 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

General Dynamics Corp's change in working capital for the three months ended in Jun. 2014 was $106 Mil. It means General Dynamics Corp's working capital increased by $106 Mil from Mar. 2014 to Jun. 2014 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

General Dynamics Corp's cash flow from deferred tax for the three months ended in Jun. 2014 was $22 Mil.

5. Cash Flow from Discontinued Operations:
Cash received by a company that comes from the sale of part of business.

General Dynamics Corp's cash flow from discontinued operations for the three months ended in Jun. 2014 was $33 Mil.

6. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

General Dynamics Corp's cash flow from others for the three months ended in Jun. 2014 was $44 Mil.


Related Terms

Net Income From Continuing Operations, Depreciation, Depletion and Amortization, Change In Working Capital, Cash Flow from Discontinued Operations, Cash Flow from Others, Cash Flow from Investing


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

General Dynamics Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
NetIncomeFromContinuingOperations 01,4611,8562,0722,4782,4072,6242,552-3322,486
CF_DDA 322327384423447562569592620556
ChangeInWorkingCapital -48139-208316112-588-36787222-247
CF_DeferredTax 276141451221962275614-148104
Cash Flow from Disc. Op. 000000-20-2-9
Cash Flow from Others 1,250-1251-8-122232106-342,327216
Cash Flow from Operations 1,8002,0562,1282,9253,1112,8402,9863,2112,6873,106

General Dynamics Corp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
NetIncomeFromContinuingOperations 564634600-2,130571640651624595541
CF_DDA 154150154162142123150141132120
ChangeInWorkingCapital -4485369548-269-282-129433-216106
CF_DeferredTax 3050-20111360574222
Cash Flow from Disc. Op. 00-20-3-75-4-933
Cash Flow from Others 140-47-1672,4015273-214305-11644
Cash Flow from Operations 4137907047805045834631,556428866
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK