| Exelis Inc. | ||||
| Free Cash Flow Year-to-Date | ||||
| Nine Months Ended | Nine Months Ended | |||
| September 30, | September 30, | |||
| ($ million) | 2014 | 2013 | ||
| Cash Flow From Operating Activities | 71 | 118 | ||
| Subtract: | ||||
| Capital Expenditures | (37) | (57) | ||
| Free Cash Flow | 34 | 61 | ||
| Add: | ||||
| Separation Costs for the Mission Systems Spin-off, net of tax | 19 | - | ||
| Free Cash Flow, as Adjusted | 53 | 61 | ||
Exelis reports third-quarter 2014 financial results; revises full-year guidance
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