Below are the financial statements of Huntington Ingalls Industries, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Product sales | 7,464a | 7,664a | 7,283a |
| Service revenues | 4,071a | 3,790a | 3,393a |
| Sales and service revenues | 11,535a | 11,454a | 10,676a |
| Cost of sales and service revenues | — | — | — |
| Cost of product sales | -6,500a | -6,467a | -6,225a |
| Cost of service revenues | -3,585a | -3,341a | -3,011a |
| Income from operating investments, net | 49a | 37a | 48a |
| Other income and gains, net | 9a | 120a | 1a |
| General and administrative expenses | -973a | -1,022a | -924a |
| Operating income | 535a | 781a | 565a |
| Other income (expense) | — | — | — |
| Interest expense | -95a | -95a | -102a |
| Non-operating retirement benefit | 179a | 148a | 276a |
| Other, net | 24a | 19a | -20a |
| Earnings before income taxes | 643a | 853a | 719a |
| Federal and foreign income taxes | -93a | -172a | -140a |
| Net earnings | 550a | 681a | 579a |
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