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: 2018 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 31, 2018 10-K (Filed: Feb 7, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
| Net income from continuing operations | $ 5,654 | 4,920 | 5,436 |
| Net (loss) income from discontinued operations | 0 | 0 | (10) |
| Net income | 5,654 | 4,920 | 5,426 |
| Other comprehensive loss, net of tax: | |||
| Foreign currency translation adjustments | |||
| Foreign currency translation adjustments arising during period | (516) | 620 | (1,089) |
| Reclassification adjustments for from sale of an investment in a foreign entity recognized in net income | 2 | 10 | 0 |
| Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax | (518) | 610 | (1,089) |
| Tax expense (benefit) | 4 | 0 | 0 |
| Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax | (522) | 610 | (1,089) |
| Change in pension and post-retirement benefit plans | |||
| Net actuarial (loss) gain arising during period | (1,819) | 241 | (785) |
| Prior service cost (credit) arising during period | 22 | (2) | 13 |
| Amortization of prior service credit | 344 | 529 | 535 |
| Other | 105 | (116) | 542 |
| Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, before Tax, Portion Attributable to Parent | 1,392 | (656) | (279) |
| Tax (expense) benefit | 326 | (263) | (189) |
| Other Comprehensive Income (Loss), Defined Benefit Plan, after Reclassification Adjustment, after Tax | 1,066 | (393) | (90) |
| Unrealized gain (loss) on available-for-sale securities | |||
| Unrealized holding gain arising during period | 0 | 5 | 190 |
| Reclassification adjustments for gain included in Other income, net | 0 | 566 | 94 |
| Other Comprehensive Income (Loss), ASU 2016-01 adoption impact on Securities Arising During Period | (5) | 0 | 0 |
| Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, before Tax, Portion Attributable to Parent | (5) | (561) | 96 |
| Tax expense (benefit) | 0 | (213) | 36 |
| Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax, Portion Attributable to Parent | (5) | (348) | 60 |
| Change in unrealized cash flow hedging | |||
| Unrealized cash flow hedging gain (loss) arising during period | (307) | 347 | 75 |
| Gain (Loss) reclassified into Product sales | 16 | 39 | (171) |
| Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, before Tax, Portion Attributable to Parent | (323) | 308 | 246 |
| Tax expense (benefit) | (78) | 74 | 69 |
| Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax, Portion Attributable to Parent | (245) | 234 | 177 |
| Other comprehensive (loss) income, net of tax | (1,838) | 889 | (762) |
| Comprehensive income | 3,816 | 5,809 | 4,664 |
| Less: Comprehensive income attributable to noncontrolling interest | 355 | 448 | 324 |
| Comprehensive income atrributable to common shareowners | 3,461 | 5,361 | 4,340 |
| External Links | |
| RAYTHEON TECHNOLOGIES CORP (RTX) Fiscal Year 2018 | |
| 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 |