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32
As of 12/31/2016
32
Year in Review
2016
Dry Powder: Aerospace
Mid Cap Aerospace Index
3x LTM EBITDA
$1,221.8
$1,207.2
$835.4
$995.4
$1,330.5
$969.1
$2,786.1
-$509.7
Less LT Debt
966.8
1,109.9
870.6
458.2
674.9
1,012.1
1,105.3
1,619.1
Plus Cash
452.1
87.9
258.5
43.0
45.7
325.1
670.4
36.2
Dry Powder
$707.0
$185.2
$223.4
$580.1
$701.3
$282.1
$2,351.2
($2,092.6)
Small Cap Aerospace Index
3x LTM EBITDA
$364.2
-$1.6
$301.4
$453.9
$4,949.2
$114.7
$1,870.3
$560.7
Less LT Debt
161.1
0.3
164.0
652.0
15,383.3
250.4
1,595.8
851.8
Plus Cash
23.0
88.9
13.3
211.1
957.9
1.8
73.5
77.1
Dry Powder
$226.1
$87.0
$150.7
$13.0
($9,476.3)
($133.9)
$348.0
($214.0)
Large Cap Aerospace Index
3x LTM EBITDA
$3,061.8
$1,818.9
$22,857.0
$3,630.0
$4,800.0
$4,339.2
$30,465.0
Less LT Debt
2,154.4
2,035.8
10,456.0
2,122.0
3,822.0
10,278.6
22,665.0
Plus Cash
445.5
125.8
8,986.0
340.0
589.0
1,587.0
7,107.0
Dry Powder
$1,352.8
($91.1)
$21,387.0
$1,848.0
$1,567.0
($4,352.4)
$14,907.0
($ millions)
Source: Public Filings, S&P Capital IQ