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 Operations | |||
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 | |
| Consolidated Statement of Operations | |||
| Net Sales: | |||
| Product sales | $ 41,361 | 40,735 | 39,801 |
| Service sales | 18,476 | 16,509 | 16,297 |
| Net Sales | 59,837 | 57,244 | 56,098 |
| Costs and Expenses: | |||
| Cost of products sold | 31,027 | 30,325 | 29,771 |
| Cost of services sold | 12,926 | 11,135 | 10,660 |
| Research and development | 2,387 | 2,337 | 2,279 |
| Selling, general and administrative | 6,183 | 6,060 | 5,886 |
| Total costs and expenses | 52,523 | 49,857 | 48,596 |
| Other Income | 1,358 | 785 | |
| Other Expenses | 211 | ||
| Operating profit | 8,672 | 8,172 | 7,291 |
| Interest Expense, net | 909 | 1,039 | 824 |
| Income from continuing operations before income taxes | 7,763 | 7,133 | 6,467 |
| Income tax expense | 2,843 | 1,697 | 2,111 |
| Net income from continuing operations | 4,920 | 5,436 | 4,356 |
| Less: Noncontrolling interest in subsidiaries' earnings from continuing operations | 368 | 371 | 360 |
| Income from continuing operations attributable to common shareowners | 4,552 | 5,065 | 3,996 |
| Discontinued operations (Note 3): | |||
| Income from operations | 0 | 1 | 252 |
| Gain on disposal | 0 | 13 | 6,042 |
| Income tax expense | 24 | 2,684 | |
| Net (loss) income from discontinued operations | 0 | (10) | 3,610 |
| Less: Noncontrolling interest in subsidiaries' earnings (loss) from discontinued operations | 0 | 0 | (2) |
| (Loss) Income from discontinued operations attributable to common shareowners | 0 | (10) | 3,612 |
| Net income attributable to common shareowners | 4,552 | 5,055 | 7,608 |
| Earnings Per Share of Common Stock - Basic: | |||
| Net income from continuing operations attributable to common shareowners | 5.76 | 6.19 | 4.58 |
| Net income attributable to common shareowners | 5.76 | 6.18 | 8.72 |
| Earnings Per Share of Common Stock - Diluted: | |||
| Net income from continuing operations attributable to common shareowners | 5.70 | 6.13 | 4.53 |
| Net income attributable to common shareowners | 5.70 | 6.12 | 8.61 |
| Dividends Per Share of Common Stock | 2.72 | 2.62 | 2.56 |
| Weighted average number of shares outstanding: | |||
| Basic shares | 790,000,000 | 818,200,000 | 872,700,000 |
| Diluted shares | 799,100,000 | 826,100,000 | 883,200,000 |
| 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 |