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: 2019 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2019 10-K (Filed: Feb 6, 2020) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
| Operating Activities of Continuing Operations: | |||
| Income from continuing operations | $ 5,948 | 5,654 | 4,920 |
| Adjustments to reconcile income from continuing operations to net cash flows provided by operating activities of continuing operations: | |||
| Depreciation and amortization | 3,783 | 2,433 | 2,140 |
| Deferred income tax provision | 35 | 735 | 62 |
| Stock compensation cost | 356 | 251 | 192 |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit) | (525) | (393) | (158) |
| Portfolio separation tax cost | 634 | 0 | 0 |
| Gain on sale of Taylor Company | 0 | 799 | 0 |
| Change in: | |||
| Accounts receivable | (419) | 2,426 | 448 |
| Contract assets, current | 307 | 604 | 0 |
| Inventory | 1,216 | 537 | 1,074 |
| Other current assets | 309 | (161) | 101 |
| Accounts payable and accrued liabilities | 1,229 | 2,446 | 1,571 |
| Contract liabilities, current | 359 | 205 | 0 |
| Income Taxes | (406) | (195) | 1,579 |
| Global pension contributions | 118 | 147 | 2,112 |
| Canadian Government Settlement | (38) | (429) | (285) |
| Other operating activities, net | 961 | 33 | 655 |
| Net Cash Provided by Operating Activities, Continuing Operations | 8,883 | 6,322 | 5,631 |
| Investing Activities of Continuing Operations: | |||
| Capital expenditures | 2,256 | 1,902 | 2,014 |
| Increase in customer financing assets | 787 | 988 | 1,197 |
| Decrease in customer financing assets | 129 | 606 | 222 |
| Investments in businesses | 56 | 15,398 | 231 |
| Dispositions of businesses | 138 | 1,105 | 70 |
| Proceeds from the sale of the investment in Watsco Inc. | 0 | 0 | 596 |
| Increase in collaboration intangible assets | 351 | 400 | 380 |
| Payments (receipts) from settlements of derivative contracts | (336) | (143) | 317 |
| Other investing activities, net | 245 | 139 | (232) |
| Net cash flows used in investing activities of continuing operations | (3,092) | (16,973) | (3,019) |
| Financing Activities of Continuing Operations: | |||
| Issuance of long-term debt | 88 | 13,455 | 4,954 |
| Repayment of long-term debt | 2,830 | 2,520 | 1,604 |
| (Decrease) increase in short-term borrowings, net | 927 | (356) | (271) |
| Common Stock issued under employee stock plans | 27 | 36 | 31 |
| Dividends paid on Common Stock | 2,442 | 2,170 | 2,074 |
| Repurchase of Common Stock | 151 | 325 | 1,453 |
| Other financing activities, net | (183) | (155) | (576) |
| Net cash flows provided by (used in) financing activities of continuing operations | (4,564) | 7,965 | (993) |
| Effect of foreign exchange rate changes on cash and cash equivalents | (19) | (120) | 210 |
| Net (decrease) increase in cash and cash equivalents | 1,208 | (2,806) | 1,829 |
| Cash and Cash Equivalents, beginning of period | 6,212 | 9,018 | |
| Cash and Cash Equivalents, end of period | 7,420 | 6,212 | 9,018 |
| Cash and cash equivalents of continuing operations, end of year | 7,378 | 6,152 | 8,985 |
| Supplemental Disclosure of Cash Flow Information: | |||
| Interest paid, net of amounts capitalized | 1,801 | 1,027 | 974 |
| Income taxes paid, net of refunds | 1,768 | 1,714 | 1,326 |
| Restricted Cash And Cash Equivalents | 42 | 60 | 33 |
| External Links | |
| RAYTHEON TECHNOLOGIES CORP (RTX) Fiscal Year 2019 | |
| 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 |