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: 2012 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 7, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Consolidated Statement of Cash Flows | |||
| Operating Activities of Continuing Operations: | |||
| Net income attributable to common shareowners | $ 5,130 | 4,979 | 4,373 |
| Non-controlling interest in subsidiaries' earnings | 360 | 395 | 338 |
| Net income | 5,490 | 5,374 | 4,711 |
| Less: Net income from discontinued operations | 290 | 158 | 188 |
| Net income from continuing operations | 5,200 | 5,216 | 4,523 |
| Adjustments to reconcile income from continuing operations to net cash flows provided by operating activities of continuing operations: | |||
| Depreciation and amortization | 1,524 | 1,263 | 1,300 |
| Deferred income tax provision | 120 | 334 | 425 |
| Stock compensation cost | 210 | 221 | 148 |
| Change in: | |||
| Accounts receivable | (165) | (697) | (313) |
| Inventories and contracts in progress | (539) | (330) | (259) |
| Other current assets | (4) | (24) | (20) |
| Accounts payable and accrued liabilities | 811 | 760 | 1,168 |
| Global pension contributions | (430) | (551) | (1,299) |
| Other operating activities, net | (122) | 268 | 47 |
| Net cash flows provided by operating activities of continuing operations | 6,605 | 6,460 | 5,720 |
| Investing Activities of Continuing Operations: | |||
| Capital expenditures | (1,389) | (929) | (838) |
| Increase in customer financing assets | (100) | (42) | (219) |
| Decrease in customer financing assets | 75 | 92 | 162 |
| Investments in businesses | (16,026) | (357) | (2,742) |
| Dispositions of businesses | 425 | 494 | 205 |
| Increase in collaboration intangible assets | 1,543 | 0 | 0 |
| Other investing activities, net | (237) | 70 | 282 |
| Net cash flows used in investing activities of continuing operations | (18,795) | (672) | (3,150) |
| Financing Activities of Continuing Operations: | |||
| Issuance of long-term debt | 10,899 | 59 | 2,362 |
| Repayment of long-term debt | (842) | (616) | (1,751) |
| (Decrease) increase in short-term borrowings, net | (214) | 562 | (141) |
| Common Stock issued under employee stock plans | 522 | 226 | 386 |
| Dividends paid on Common Stock | (1,752) | (1,602) | (1,482) |
| Repurchase of Common Stock | 0 | (2,175) | (2,200) |
| Other financing activities, net | (592) | (437) | (314) |
| Net cash flows provided by (used in) financing activities of continuing operations | 8,021 | (3,983) | (3,140) |
| Discontinued Operations: | |||
| Net cash provided by operating activities | 41 | 130 | 186 |
| Net cash provided by (used in) investing activities | 2,974 | (35) | (37) |
| Net cash used in financing activities | 0 | (22) | (13) |
| Net cash flows provided by discontinued operations | 3,015 | 73 | 136 |
| Effect of foreign exchange rate changes on cash and cash equivalents | 30 | (1) | 68 |
| Net (decrease) increase in cash and cash equivalents | (1,124) | 1,877 | (366) |
| Cash and cash equivalents, beginning of year | 5,960 | 4,083 | |
| Cash and cash equivalents, end of year | 4,836 | 5,960 | 4,083 |
| Less: Cash and cash equivalents of businesses held for sale | 17 | 0 | 0 |
| Cash and cash equivalents | 4,819 | 5,960 | 4,083 |
| Supplemental Disclosure of Cash Flow Information: | |||
| Interest paid, net of amounts capitalized | 725 | 642 | 753 |
| Income taxes paid, net of refunds | 1,772 | 1,432 | 1,222 |
| Non-cash investing and financing activities include: | |||
| Contributions of UTC Common Stock to domestic defined benefit pension plans | 0 | 450 | 250 |
| External Links | |
| RAYTHEON TECHNOLOGIES CORP (RTX) Fiscal Year 2012 | |
| 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 |