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Investor Presentaiton

CAPITAL DEPLOYMENT PLAN: DELIVER AND RETURN FREE CASH FLOW TO SHAREHOLDERS 2024 - 2026 CAPITAL PLAN CAPITAL DEPLOYMENT FRAMEWORK ~$8B+ Divestiture Proceeds $0.6B+ $3.7B+ Available Cash for Repurchases > Invest in the business • Capex: ~2.0% of revenue > Pay down debt to < 3.0x > Pay cash dividend Free Cash Flow ~$7.5B Debt Payments $1.7B L3HARRIS Investor Day 2023 SOURCES Dividend $2.6B PLANNED USE • Increased 22 consecutive years Target payout: 35% - 40% of FCF > Return 100% excess cash after de-levering $3.8B repurchase authorization today 91
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