Company: NOC
Filing Date: 2025-01-30
Form Type: 10-K
Source: 0001133421-25-000006
Chunk: 5

Company: NORTHROP GRUMMAN CORP /DE/
Filing Date: 2025-01-30
Form: 10-K
Item: Item 8
Chunk 5
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 investing activities(1,749)(1,582)(1,241)Financing activitiesNet proceeds from issuance of long-term debt2,495 1,995 — Payments of long-term debt— (1,050)— Common stock repurchases(2,514)(1,500)(1,504)Cash dividends paid(1,186)(1,116)(1,052)Payments of employee taxes withheld from share-based awards(58)(52)(50)Other, net(132)(38)(7)Net cash used in financing activities(1,395)(1,761)(2,613)Increase (decrease) in cash and cash equivalents1,244 532 (953)Cash and cash equivalents, beginning of year3,109 2,577 3,530 Cash and cash equivalents, end of period$4,353 $3,109 $2,577 

The accompanying notes are an integral part of these consolidated financial statements.

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NORTHROP GRUMMAN CORPORATION                        

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY

  Year Ended December 31$ in millions, except per share amounts202420232022Common stockBeginning of year$150 $153 $156 Common stock repurchased(5)(3)(4)Shares issued for employee stock awards and options— — 1 End of year145 150 153 Paid-in capitalBeginning of year— — — End of year— — — Retained earningsBeginning of year14,773 15,312 12,913 Common stock repurchased(2,510)(1,519)(1,497)Net earnings4,174 2,056 4,896 Dividends declared(1,185)(1,114)(1,052)Stock compensation45 38 52 End of year15,297 14,773 15,312 Accumulated other comprehensive lossBeginning of year(128)(153)(143)Other comprehensive (loss) income, net of tax(24)25 (10)End of year(152)(128)(153)Total shareholders’ equity$15,290 $14,795 $15,312 Cash dividends declared per share$8.05 $7.34 $6.76 

The accompanying notes are an integral part of these consolidated financial statements.

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