| Exelis Inc. | ||||||
| Free Cash Flow Year-to-Date | ||||||
| Three Months Ending | Three Months Ending | |||||
| March 31, | March 31, | |||||
| ($ million) | 2014 | 2013 | ||||
| Cash Flow From Operating Activities | (158 | ) | (65 | ) | ||
| Subtract: | ||||||
| Capital Expenditures | (7 | ) | (17 | ) | ||
| Free Cash Flow | (165 | ) | (82 | ) | ||
| Add: | ||||||
| Separation Costs for the Vectrus Spin-off, net of tax | 5 | - | ||||
| Free Cash Flow, as Adjusted | (160 | ) | (82 | ) | ||
Exelis reports first-quarter 2014 financial results, confirms 2014 guidance and provides update on Vectrus spin-off
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