Exelis reports second-quarter 2013 financial results; reaffirms full-year guidance

   
Exelis Inc.
Condensed Consolidated Balance Sheets
(unaudited)
 
 
(IN MILLIONS) June 30, December 31,
    2013   2012
Assets
Current assets
Cash and cash equivalents $ 259 $ 292
Receivables, net 1,035 995
Inventories, net 297 283
Deferred tax asset 65 85
Other current assets     56     58
Total current assets     1,712     1,713
Plant, property and equipment, net 508 512
Goodwill 2,185 2,180
Other intangible assets, net 177 184
Deferred tax asset 470 556
Other non-current assets     65     67
Total non-current assets     3,405     3,499
Total assets   $ 5,117  

$

5,212
Liabilities and Shareholders' Equity
Current liabilities
Accounts payable $ 368

$

444
Advance payments and billings in excess of costs 327 322
Compensation and other employee benefits 219 246
Other accrued liabilities     249     203
Total current liabilities     1,163     1,215
Defined benefit plans 1,924 2,203
Long-term debt 649 649
Deferred tax liability 3 1
Other non-current liabilities     130     128
Total non-current liabilities     2,706     2,981
Total liabilities     3,869     4,196
Commitments and contingencies
Shareholders' equity
Common stock 2 2
Additional paid-in capital 2,590 2,575
Treasury stock (5)
Retained earnings 355 274
Accumulated other comprehensive loss     (1,694)     (1,835)
Total shareholders' equity     1,248     1,016
Total liabilities and shareholders' equity   $ 5,117   $ 5,212
 

« Previous Page 1 | 2 | 3 | 4 | 5 | 6  Next Page »



Review Article Be the first to review this article
Aldec

Downstream : Solutuions for Post processing PCB Designs

Featured Video
Jobs
Senior Electrical Engineer for Allen & Shariff Corporation at Pittsburgh, Pennsylvania
Upcoming Events
Methodics User Group Meeting at Maxim Integrated 160 Rio Robles San Jose CA - Jun 5 - 6, 2018
2018 FLEX Korea at Room 402/ 403, COEX Seoul Korea (South) - Jun 20 - 21, 2018
DAC 2018 at Moscone Center West San Francisco CA - Jun 24 - 28, 2018
IEEE 5G World FOrum at 5101 Great America Parkway Santa Clara CA - Jul 9 - 11, 2018
TrueCircuits: IoTPLL
DAC2018



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise