10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
RAYTHEON TECHNOLOGIES CORP | |||
Ticker: RTX Fiscal Year: 2016 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 9, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Operating Activities of Continuing Operations: | |||
| Income from continuing operations | $ 5,436 | 4,356 | 6,468 |
| Adjustments to reconcile income from continuing operations to net cash flows provided by operating activities of continuing operations: | |||
| Depreciation and amortization | 1,962 | 1,863 | 1,820 |
| Deferred income tax provision | 398 | 662 | 403 |
| Stock compensation cost | 152 | 158 | 219 |
| Canadian Government Settlement | (237) | 867 | 0 |
| Change in: | |||
| Accounts receivable | 941 | 438 | (111) |
| Inventories and contracts in progress | 719 | 766 | 636 |
| Other current assets | (49) | 55 | 115 |
| Accounts payable and accrued liabilities | 450 | 490 | (89) |
| Global pension contributions | 303 | 147 | 517 |
| Other operating activities, net | (165) | 235 | 685 |
| Net Cash Provided by Operating Activities, Continuing Operations | 6,412 | 6,755 | 6,979 |
| Investing Activities of Continuing Operations: | |||
| Capital expenditures | 1,699 | 1,652 | 1,594 |
| Increase in customer financing assets | 438 | 364 | 202 |
| Decrease in customer financing assets | 217 | 117 | 331 |
| Investments in businesses | 710 | 538 | 402 |
| Dispositions of businesses | 211 | 200 | 344 |
| Increase in collaboration intangible assets | 388 | 437 | 593 |
| Receipts from settlements of derivative contracts | (249) | (160) | (93) |
| Other investing activities, net | (49) | 280 | (56) |
| Net cash flows used in investing activities of continuing operations | (2,509) | (2,794) | (1,967) |
| Financing Activities of Continuing Operations: | |||
| Issuance of long-term debt | 6,469 | 1,744 | 98 |
| Repayment of long-term debt | 2,452 | 1,764 | 304 |
| (Decrease) increase in short-term borrowings, net | (331) | 795 | (346) |
| Proceeds from Issuance of Common Stock - Equity unit settlement | 0 | 1,100 | 0 |
| Common Stock issued under employee stock plans | 13 | 41 | 187 |
| Dividends paid on Common Stock | 2,069 | 2,184 | 2,048 |
| Repurchase of Common Stock | 2,254 | 10,000 | 1,500 |
| Other financing activities, net | (564) | (508) | (336) |
| Net cash flows used in financing activities of continuing operations | (1,188) | (10,776) | (4,249) |
| Discontinued Operations: | |||
| Net cash (used in) provided by operating activities | (2,532) | (372) | 342 |
| Net cash provided by investing activities | 6 | 9,000 | (113) |
| Cash used in financing activities, discontinued operations | 0 | (9) | (12) |
| Net cash flows (used in) provided by discontinued operations | (2,526) | 8,619 | 217 |
| Effect of foreign exchange rate changes on cash and cash equivalents | (120) | (174) | (156) |
| Net increase (decrease) in cash and cash equivalents | 69 | 1,630 | 824 |
| Cash and Cash Equivalents, beginning of period | 7,120 | 5,490 | |
| Cash and Cash Equivalents, end of period | 7,189 | 7,120 | 5,490 |
| Less: Cash and cash equivalents of businesses held for sale | 0 | 0 | 6 |
| Less: Restricted cash, included in Other assets | 32 | 45 | 255 |
| Cash and cash equivalents of continuing operations, end of year | 7,157 | 7,075 | 5,229 |
| Supplemental Disclosure of Cash Flow Information: | |||
| Interest paid, net of amounts capitalized | 1,157 | 1,057 | 1,076 |
| Income taxes paid, net of refunds | 4,096 | 2,060 | 2,024 |
| Contributions of UTC Common Stock to domestic defined benefit pension plans | 0 | 250 | 0 |
| External Links | |
| RAYTHEON TECHNOLOGIES CORP (RTX) Fiscal Year 2016 | |
| 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 |