10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
RAYTHEON TECHNOLOGIES CORP | |||
Ticker: RTX Fiscal Year: 2009 | |||
Consolidated Statement of Operations | |||
Period Ending Dec 31, 2009 10-K (Filed: Feb 11, 2010) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
| Consolidated Statement of Operations | |||
| Revenues: | |||
| Product sales | $ 37,332 | 43,234 | 40,182 |
| Service sales | 15,093 | 15,885 | 14,694 |
| Other income, net | 495 | 638 | 840 |
| Total Revenues | 52,920 | 59,757 | 55,716 |
| Costs and Expenses: | |||
| Cost of products sold | 28,905 | 32,833 | 30,869 |
| Cost of services sold | 9,956 | 10,804 | 10,010 |
| Research and development | 1,558 | 1,771 | 1,678 |
| Selling, general and administrative | 6,036 | 6,724 | 6,109 |
| Operating profit | 6,465 | 7,625 | 7,050 |
| Interest | 705 | 689 | 666 |
| Income before income taxes | 5,760 | 6,936 | 6,384 |
| Income tax expense | 1,581 | 1,883 | 1,836 |
| Net income | 4,179 | 5,053 | 4,548 |
| Less: Noncontrolling interest in subsidiaries' earnings | 350 | 364 | 324 |
| Net income attributable to common shareowners | 3,829 | 4,689 | 4,224 |
| Earnings per share of common stock | |||
| Basic | 4.17 | 5.00 | 4.38 |
| Diluted | 4.12 | 4.90 | 4.27 |
| Dividends per share of common stock | 1.54 | 1.35 | 1.17 |
| Average number of shares outstanding: | |||
| Basic shares | 917 | 938 | 964 |
| Diluted shares | 929 | 956 | 989 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
RAYTHEON TECHNOLOGIES CORP | |||
Ticker: RTX Fiscal Year: 2009 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2009 10-K (Filed: Feb 11, 2010) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
| Consolidated Statement of Cash Flows | |||
| Operating Activities | |||
| Net income attributable to common shareowners | $ 3,829 | 4,689 | 4,224 |
| Noncontrolling interest in subsidiaries' earnings | 350 | 364 | 324 |
| Net income | 4,179 | 5,053 | 4,548 |
| Adjustments to reconcile net income to net cash flows provided by operating activities: | |||
| Depreciation and amortization | 1,258 | 1,321 | 1,173 |
| Deferred income tax provision | 451 | 45 | 58 |
| Stock compensation cost | 153 | 211 | 198 |
| Change in: | |||
| Accounts receivable | 955 | (546) | (534) |
| Inventories and contracts in progress | 695 | (562) | (1,111) |
| Other current assets | (3) | 35 | 44 |
| Accounts payable and accrued liabilities | (582) | 843 | 1,633 |
| Global pension contributions | (1,270) | (193) | (182) |
| Other operating activities, net | (483) | (46) | (497) |
| Net cash flows provided by operating activities | 5,353 | 6,161 | 5,330 |
| Investing Activities: | |||
| Capital expenditures | (826) | (1,216) | (1,153) |
| Increase in customer financing assets | (171) | (285) | (411) |
| Decrease in customer financing assets | 80 | 138 | 272 |
| Investments in businesses | (703) | (1,252) | (2,037) |
| Dispositions of businesses | 158 | 337 | 298 |
| Other investing activities, net | 358 | (58) | (151) |
| Net cash flows used in investing activities | (1,104) | (2,336) | (3,182) |
| Financing Activities: | |||
| Issuance of long-term debt | 37 | 2,248 | 1,032 |
| Repayment of long-term debt | (1,012) | (48) | (330) |
| (Decrease) increase in short-term borrowings, net | (762) | 91 | 191 |
| Common Stock issued under employee stock plans | 342 | 163 | 415 |
| Dividends paid on Common Stock | (1,356) | (1,210) | (1,080) |
| Repurchase of Common Stock | (1,100) | (3,160) | (2,001) |
| Other financing activities, net | (340) | (322) | (182) |
| Net cash flows used in financing activities | (4,191) | (2,238) | (1,955) |
| Effect of foreign exchange rate changes on cash and cash equivalents | 64 | (164) | 165 |
| Net increase in cash and cash equivalents | 122 | 1,423 | 358 |
| Cash and cash equivalents, beginning of year | 4,327 | 2,904 | |
| Cash and cash equivalents, end of year | 4,449 | 4,327 | 2,904 |
| Supplemental Disclosure of Cash Flow Information: | |||
| Interest paid, net of amounts capitalized | 704 | 659 | 629 |
| Income taxes paid, net of refunds | 1,396 | 1,912 | 1,818 |
| Non-cash investing and financing activities include: | |||
| Non-cash investing and financing activities | Contributions of UTC Common Stock to domestic defined benefit pension plans of $0, $250 and $150 in 2009, 2008 and 2007, respectively. | ||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
RAYTHEON TECHNOLOGIES CORP | ||
Ticker: RTX Fiscal Year: 2009 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2009 10-K (Filed: Feb 11, 2010) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2009 | Dec 31, 2008 | |
| Consolidated Balance Sheet | ||
| Assets | ||
| Cash and cash equivalents | $ 4,449 | 4,327 |
| Accounts receivable (net of allowance for doubtful accounts of $390 and $332) | 8,469 | 9,480 |
| Inventories and contracts in progress, net | 7,509 | 8,340 |
| Future income tax benefits, current | 1,689 | 1,551 |
| Other assets, current | 1,078 | 769 |
| Total Current Assets | 23,194 | 24,467 |
| Customer financing assets | 1,047 | 1,002 |
| Future income tax benefits | 2,102 | 3,633 |
| Fixed assets, net | 6,364 | 6,348 |
| Goodwill | 16,298 | 15,363 |
| Intangible assets | 3,538 | 3,443 |
| Other assets | 3,219 | 2,581 |
| Total Assets | 55,762 | 56,837 |
| Liabilities and Equity | ||
| Short-term borrowings | 254 | 1,023 |
| Accounts payable | 4,634 | 5,594 |
| Accrued liabilities | 11,792 | 12,069 |
| Long-term debt currently due | 1,233 | 1,116 |
| Total Current Liabilities | 17,913 | 19,802 |
| Long-term debt | 8,257 | 9,337 |
| Future pension and postretirement benefit obligations | 4,150 | 6,574 |
| Other long-term liabilities | 4,054 | 4,198 |
| Total Liabilities | 34,374 | 39,911 |
| Commitments and contingent liabilities (Notes 4 and 16) | ||
| Redeemable noncontrolling interest | 389 | 245 |
| Shareowners' Equity: | ||
| Capital Stock: | ||
| Preferred Stock, $1 par value; 250,000 shares authorized; None issued or outstanding | 0 | 0 |
| Common Stock, $1 par value; 4,000,000 shares authorized; 1,381,700 and 1,370,054 shares issued | 11,746 | 11,179 |
| Treasury Stock - 444,958 and 426,113 common shares at cost | (15,408) | (14,316) |
| Retained earnings | 27,396 | 25,034 |
| Unearned ESOP shares | (181) | (200) |
| Accumulated other comprehensive income (loss): | ||
| Foreign currency translation | 379 | (641) |
| Other | (3,866) | (5,293) |
| Total Accumulated other comprehensive loss | (3,487) | (5,934) |
| Total Shareowners' Equity | 20,066 | 15,763 |
| Noncontrolling interest | 933 | 918 |
| Total Equity | 20,999 | 16,681 |
| Total Liabilities and Equity | 55,762 | 56,837 |
| External Links | |
| RAYTHEON TECHNOLOGIES CORP (RTX) Fiscal Year 2009 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |