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: 2017 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 9, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Operating Activities of Continuing Operations: | |||
| Income from continuing operations | $ 4,920 | 5,436 | 4,356 |
| Adjustments to reconcile income from continuing operations to net cash flows provided by operating activities of continuing operations: | |||
| Depreciation and amortization | 2,140 | 1,962 | 1,863 |
| Deferred income tax provision | 62 | 398 | 662 |
| Stock compensation cost | 192 | 152 | 158 |
| Canadian Government Settlement | (285) | (237) | 867 |
| Change in: | |||
| Accounts receivable | 448 | 941 | 438 |
| Inventories and contracts in progress | 1,074 | 719 | 766 |
| Other current assets | 101 | (49) | 55 |
| Accounts payable and accrued liabilities | 1,571 | 450 | 490 |
| Global pension contributions | 2,112 | 303 | 147 |
| Other operating activities, net | (766) | (165) | 235 |
| Net Cash Provided by Operating Activities, Continuing Operations | 5,631 | 6,412 | 6,755 |
| Investing Activities of Continuing Operations: | |||
| Capital expenditures | 2,014 | 1,699 | 1,652 |
| Increase in customer financing assets | 1,197 | 438 | 364 |
| Decrease in customer financing assets | 222 | 217 | 117 |
| Investments in businesses | 231 | 710 | 538 |
| Dispositions of businesses | 70 | 211 | 200 |
| Proceeds from the sale of the investment in Watsco Inc. | 596 | 0 | 0 |
| Increase in collaboration intangible assets | 380 | 388 | 437 |
| Payments (receipts) from settlements of derivative contracts | 317 | (249) | (160) |
| Other investing activities, net | (232) | (49) | 280 |
| Net cash flows used in investing activities of continuing operations | (3,019) | (2,509) | (2,794) |
| Financing Activities of Continuing Operations: | |||
| Issuance of long-term debt | 4,954 | 6,469 | 1,744 |
| Repayment of long-term debt | 1,604 | 2,452 | 1,764 |
| (Decrease) increase in short-term borrowings, net | (271) | (331) | 795 |
| Proceeds from Issuance of Common Stock - Equity unit settlement | 0 | 0 | 1,100 |
| Common Stock issued under employee stock plans | 31 | 13 | 41 |
| Dividends paid on Common Stock | 2,074 | 2,069 | 2,184 |
| Repurchase of Common Stock | 1,453 | 2,254 | 10,000 |
| Other financing activities, net | (576) | (564) | (508) |
| Net cash flows used in financing activities of continuing operations | (993) | (1,188) | (10,776) |
| Discontinued Operations: | |||
| Net cash used in operating activities | 0 | (2,532) | (372) |
| Net cash provided by investing activities | 0 | 6 | 9,000 |
| Cash used in financing activities, discontinued operations | 0 | 0 | (9) |
| Net cash flows (used in) provided by discontinued operations | 0 | (2,526) | 8,619 |
| Effect of foreign exchange rate changes on cash and cash equivalents | 210 | (120) | (174) |
| Net increase in cash and cash equivalents | 1,829 | 69 | 1,630 |
| Cash and Cash Equivalents, beginning of period | 7,189 | 7,120 | |
| Cash and Cash Equivalents, end of period | 9,018 | 7,189 | 7,120 |
| Cash and cash equivalents of continuing operations, end of year | 8,985 | 7,157 | 7,075 |
| Supplemental Disclosure of Cash Flow Information: | |||
| Interest paid, net of amounts capitalized | 974 | 1,157 | 1,057 |
| Income taxes paid, net of refunds | 1,326 | 4,096 | 2,060 |
| Contributions of UTC Common Stock to domestic defined benefit pension plans | 0 | 0 | 250 |
| Restricted Cash And Cash Equivalents | 33 | 32 | 45 |
| External Links | |
| RAYTHEON TECHNOLOGIES CORP (RTX) Fiscal Year 2017 | |
| 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 |