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: 2013 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 6, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Consolidated Statement of Cash Flows | |||
| Operating Activities of Continuing Operations: | |||
| Net income attributable to common shareowners | $ 5,721 | 5,130 | 4,979 |
| Noncontrolling interest in subsidiaries' earnings | 388 | 360 | 395 |
| Net income | 6,109 | 5,490 | 5,374 |
| Less: Net income from discontinued operations | 35 | 290 | 158 |
| Net income from continuing operations | 6,074 | 5,200 | 5,216 |
| Adjustments to reconcile income from continuing operations to net cash flows provided by operating activities of continuing operations: | |||
| Depreciation and amortization | 1,821 | 1,524 | 1,263 |
| Deferred income tax provision | 242 | 120 | 334 |
| Stock compensation cost | 275 | 210 | 221 |
| Change in: | |||
| Accounts receivable | (531) | (165) | (697) |
| Inventories and contracts in progress | (1,096) | (539) | (330) |
| Other current assets | 74 | (4) | (24) |
| Accounts payable and accrued liabilities | 1,354 | 811 | 760 |
| Global pension contributions | (108) | (430) | (551) |
| Other operating activities, net | (600) | (122) | 268 |
| Net cash flows provided by operating activities of continuing operations | 7,505 | 6,605 | 6,460 |
| Investing Activities of Continuing Operations: | |||
| Capital expenditures | (1,688) | (1,389) | (929) |
| Increase in customer financing assets | (245) | (100) | (42) |
| Decrease in customer financing assets | 110 | 75 | 92 |
| Investments in businesses | (151) | (16,026) | (357) |
| Dispositions of businesses | 1,560 | 425 | 494 |
| Increase in collaboration intangible assets | (722) | (1,543) | 0 |
| Other investing activities, net | (328) | (237) | 70 |
| Net cash flows used in investing activities of continuing operations | (1,464) | (18,795) | (672) |
| Financing Activities of Continuing Operations: | |||
| Issuance of long-term debt | 92 | 10,899 | 59 |
| Repayment of long-term debt | (2,862) | (842) | (616) |
| (Decrease) increase in short-term borrowings, net | (113) | (214) | 562 |
| Common Stock issued under employee stock plans | 378 | 522 | 226 |
| Dividends paid on Common Stock | (1,908) | (1,752) | (1,602) |
| Repurchase of Common Stock | (1,200) | 0 | (2,175) |
| Other financing activities, net | (327) | (592) | (437) |
| Net cash flows (used in) provided by financing activities of continuing operations | (5,940) | 8,021 | (3,983) |
| Discontinued Operations: | |||
| Net cash (used in) provided by operating activities | (628) | 41 | 130 |
| Net cash provided by (used in) investing activities | 351 | 2,974 | (35) |
| Net cash used in financing activities | 0 | 0 | (22) |
| Net cash flows (used in) provided by discontinued operations | (277) | 3,015 | 73 |
| Effect of foreign exchange rate changes on cash and cash equivalents | (41) | 30 | (1) |
| Net (decrease) increase in cash and cash equivalents | (217) | (1,124) | 1,877 |
| Cash and cash equivalents, beginning of year | 4,836 | 5,960 | |
| Cash and cash equivalents, end of year | 4,619 | 4,836 | 5,960 |
| Less: Cash and cash equivalents of businesses held for sale | 0 | 17 | 0 |
| Cash and cash equivalents | 4,619 | 4,819 | 5,960 |
| Supplemental Disclosure of Cash Flow Information: | |||
| Interest paid, net of amounts capitalized | 1,047 | 725 | 642 |
| Income taxes paid, net of refunds | 2,789 | 1,772 | 1,432 |
| Non-cash investing and financing activities include: | |||
| Contributions of UTC Common Stock to domestic defined benefit pension plans | 0 | 0 | 450 |
| External Links | |
| RAYTHEON TECHNOLOGIES CORP (RTX) Fiscal Year 2013 | |
| 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 |