Exelis Reports Solid Second-Quarter 2012 Financial Results; Maintains 2012 Full-Year Outlook

   
Exelis Inc.
Free Cash Flow
 
Six Months Ended June 30,
($ million)   2012   2011
Cash Flow From Operating Activities   (110 )   216  
Subtract:
Capital Expenditures (50 ) (35 )
         
         
Free Cash Flow   (160 )   181  
Add:
Separation Costs, net of tax 15 9
Separation Related Tax Items   4      
         
Free Cash Flow, as Adjusted   (141 )   190  

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