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 Operations | |||
Period Ending Dec 31, 2014 10-K (Filed: Feb 5, 2015) | |||
(In Millions, except shares in Thousands) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | |
Consolidated Statement of Operations | |||
Net Sales: | |||
Product sales | $ 47,632 | 45,253 | 40,729 |
Service sales | 17,468 | 17,373 | 16,979 |
Net Sales | 65,100 | 62,626 | 57,708 |
Costs and Expenses: | |||
Cost of products sold | 36,044 | 34,063 | 31,094 |
Cost of services sold | 11,403 | 11,258 | 11,059 |
Research and development | 2,635 | 2,529 | 2,371 |
Selling, general and administrative | 6,500 | 6,718 | 6,452 |
Total costs and expenses | 56,582 | 54,568 | 50,976 |
Other income, net | 1,251 | 1,151 | 952 |
Operating profit | 9,769 | 9,209 | 7,684 |
Interest expense, net | 882 | 897 | 773 |
Income from continuing operations before income taxes | 8,887 | 8,312 | 6,911 |
Income tax expense | 2,264 | 2,238 | 1,711 |
Net income from continuing operations | 6,623 | 6,074 | 5,200 |
Less: Noncontrolling interest in subsidiaries' earnings from continuing operations | 403 | 388 | 353 |
Income from continuing operations attributable to common shareowners | 6,220 | 5,686 | 4,847 |
Discontinued operations (Note 3): | |||
Income (loss) from operations | 0 | 63 | (998) |
(Loss) gain on disposal | 0 | (33) | 2,030 |
Income tax benefit (expense) | 0 | 5 | (742) |
Net income from discontinued operations | 0 | 35 | 290 |
Less: Noncontrolling interest in subsidiaries' earnings from discontinued operations | 0 | 0 | 7 |
Income from discontinued operations attributable to common shareowners | 0 | 35 | 283 |
Net income attributable to common shareowners | 6,220 | 5,721 | 5,130 |
Earnings Per Share of Common Stock - Basic: | |||
Net income from continuing operations attributable to common shareowners | 6.92 | 6.31 | 5.41 |
Net income attributable to common shareowners | 6.92 | 6.35 | 5.73 |
Earnings Per Share of Common Stock - Diluted: | |||
Net income from continuing operations attributable to common shareowners | 6.82 | 6.21 | 5.35 |
Net income attributable to common shareowners | 6.82 | 6.25 | 5.66 |
Dividends Per Share of Common Stock | 2.36 | 2.19 | 2.03 |
Weighted average number of shares outstanding: | |||
Basic shares | 898,300 | 901,000 | 895,200 |
Diluted shares | 911,600 | 915,100 | 906,600 |
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 |