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: 2016 | |||
Consolidated Statement of Operations | |||
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 | |
| Consolidated Statement of Operations | |||
| Net Sales: | |||
| Product sales | $ 40,735 | 39,801 | 41,545 |
| Service sales | 16,509 | 16,297 | 16,355 |
| Net Sales | 57,244 | 56,098 | 57,900 |
| Costs and Expenses: | |||
| Cost of products sold | 30,325 | 29,771 | 30,367 |
| Cost of services sold | 11,135 | 10,660 | 10,531 |
| Research and development | 2,337 | 2,279 | 2,475 |
| Selling, general and administrative | 6,060 | 5,886 | 6,172 |
| Total costs and expenses | 49,857 | 48,596 | 49,545 |
| Other Income | 785 | 1,238 | |
| Other Expenses | 211 | ||
| Operating profit | 8,172 | 7,291 | 9,593 |
| Interest Expense, net | 1,039 | 824 | 881 |
| Income from continuing operations before income taxes | 7,133 | 6,467 | 8,712 |
| Income tax expense | 1,697 | 2,111 | 2,244 |
| Net income from continuing operations | 5,436 | 4,356 | 6,468 |
| Less: Noncontrolling interest in subsidiaries' earnings from continuing operations | 371 | 360 | 402 |
| Income from continuing operations attributable to common shareowners | 5,065 | 3,996 | 6,066 |
| Discontinued operations (Note 3): | |||
| Income from operations | 1 | 252 | 175 |
| Gain on disposal | 13 | 6,042 | 0 |
| Income tax expense | 24 | 2,684 | 20 |
| Net (loss) income from discontinued operations | (10) | 3,610 | 155 |
| Less: Noncontrolling interest in subsidiaries' earnings (loss) from discontinued operations | 0 | (2) | 1 |
| (Loss) Income from discontinued operations attributable to common shareowners | (10) | 3,612 | 154 |
| Net income attributable to common shareowners | 5,055 | 7,608 | 6,220 |
| Earnings Per Share of Common Stock - Basic: | |||
| Net income from continuing operations attributable to common shareowners | 6.19 | 4.58 | 6.75 |
| Net income attributable to common shareowners | 6.18 | 8.72 | 6.92 |
| Earnings Per Share of Common Stock - Diluted: | |||
| Net income from continuing operations attributable to common shareowners | 6.13 | 4.53 | 6.65 |
| Net income attributable to common shareowners | 6.12 | 8.61 | 6.82 |
| Dividends Per Share of Common Stock | 2.62 | 2.56 | 2.36 |
| Weighted average number of shares outstanding: | |||
| Basic shares | 818,200,000 | 872,700,000 | 898,300,000 |
| Diluted shares | 826,100,000 | 883,200,000 | 911,600,000 |
| 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 |