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: 2014 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2014 10-K (Filed: Feb 5, 2015) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | |
| Operating Activities of Continuing Operations: | |||
| Net income attributable to common shareowners | $ 6,220 | 5,721 | 5,130 |
| Noncontrolling interest in subsidiaries' earnings | 403 | 388 | 360 |
| Net income | 6,623 | 6,109 | 5,490 |
| Less: Net income from discontinued operations | 0 | 35 | 290 |
| Net income from continuing operations | 6,623 | 6,074 | 5,200 |
| Adjustments to reconcile income from continuing operations to net cash flows provided by operating activities of continuing operations: | |||
| Depreciation and amortization | 1,907 | 1,821 | 1,524 |
| Deferred income tax provision | 376 | 242 | 120 |
| Stock compensation cost | 240 | 275 | 210 |
| Change in: | |||
| Accounts receivable | 7 | (531) | (165) |
| Inventories and contracts in progress | (1,091) | (1,096) | (539) |
| Other current assets | (123) | 74 | (4) |
| Accounts payable and accrued liabilities | (40) | 1,354 | 811 |
| Global pension contributions | (517) | (108) | (430) |
| Other operating activities, net | (46) | (600) | (122) |
| Net cash flows provided by operating activities of continuing operations | 7,336 | 7,505 | 6,605 |
| Investing Activities of Continuing Operations: | |||
| Capital expenditures | (1,711) | (1,688) | (1,389) |
| Increase in customer financing assets | (202) | (245) | (100) |
| Decrease in customer financing assets | 331 | 110 | 75 |
| Investments in businesses | (402) | (151) | (16,026) |
| Dispositions of businesses | 344 | 1,560 | 425 |
| Increase in collaboration intangible assets | (593) | (722) | (1,543) |
| Other investing activities, net | (72) | (328) | (237) |
| Net cash flows used in investing activities of continuing operations | (2,305) | (1,464) | (18,795) |
| Financing Activities of Continuing Operations: | |||
| Issuance of long-term debt | 99 | 92 | 10,899 |
| Repayment of long-term debt | (305) | (2,862) | (842) |
| Decrease in short-term borrowings, net | (346) | (113) | (214) |
| Common Stock issued under employee stock plans | 187 | 378 | 522 |
| Dividends paid on Common Stock | (2,048) | (1,908) | (1,752) |
| Repurchase of Common Stock | (1,500) | (1,200) | 0 |
| Other financing activities, net | (346) | (327) | (592) |
| Net cash flows (used in) provided by financing activities of continuing operations | (4,259) | (5,940) | 8,021 |
| Discontinued Operations: | |||
| Net cash (used in) provided by operating activities | 0 | (628) | 41 |
| Net cash provided by investing activities | 0 | 351 | 2,974 |
| Net cash flows (used in) provided by discontinued operations | 0 | (277) | 3,015 |
| Effect of foreign exchange rate changes on cash and cash equivalents | (156) | (41) | 30 |
| Net increase (decrease) in cash and cash equivalents | 616 | (217) | (1,124) |
| Cash and cash equivalents, beginning of year | 4,619 | 4,836 | |
| Cash and cash equivalents, end of year | 5,235 | 4,619 | 4,836 |
| Less: Cash and cash equivalents of businesses held for sale | 0 | 0 | 17 |
| Cash and cash equivalents of continuing operations, end of year | 5,235 | 4,619 | 4,819 |
| Supplemental Disclosure of Cash Flow Information: | |||
| Interest paid, net of amounts capitalized | 1,077 | 1,047 | 725 |
| Income taxes paid, net of refunds | 2,024 | 2,789 | 1,772 |
| External Links | |
| RAYTHEON TECHNOLOGIES CORP (RTX) Fiscal Year 2014 | |
| 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 |