Financial Statements

General Dynamics Corporation (GD)

$213.5

-4.28 (-1.97%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 33,49831,63329,32626,444-
Net Income 3,2573,1673,4843,3452,912
Stock Dividends -20-62-2561224,518
Dividend Paid -1,315-1,240-1,152-1,075-986
Retained Earnings 35,42033,49831,63329,32626,444

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 5,1004,4754,3483,517-
Annual Depreciation 1,2041,5921,1141,5213,945
Capital Expenditure -887-967-987-690-428
Net PPE 5,4175,1004,4754,3483,517

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -11,91419,59419,67720,053
New Purchases -----
Intangible and Goodwill 11,91419,59419,67720,05320,098

General Dynamics Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes General Dynamics Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.