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: 2020 | |||
Consolidated Statement of Operations | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 8, 2021) | |||
| (In Millions, except shares in Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
| Net sales | $ 56,587 | 45,349 | 34,701 |
| Research and development | 2,582 | 2,452 | 1,878 |
| Selling, general and administrative | 5,540 | 3,711 | 2,864 |
| Total Costs and Expenses | 56,178 | 40,761 | 32,207 |
| Goodwill impairment | (3,183) | 0 | 0 |
| Other income, net | 885 | 326 | 383 |
| Operating profit (loss) | (1,889) | 4,914 | 2,877 |
| Non-service pension benefit | (902) | (829) | (659) |
| Interest expense, net | 1,366 | 1,591 | 1,032 |
| Total non-operating expense, net | 464 | 762 | 373 |
| Income (loss) from continuing operations before income taxes | (2,353) | 4,152 | 2,504 |
| Income tax expense | 575 | 421 | 1,098 |
| Net income (loss) from continuing operations | (2,928) | 3,731 | 1,406 |
| Less: Noncontrolling interest in subsidiaries earnings from continuing operations | 181 | 221 | 190 |
| Income (loss) from continuing operations attributable to common shareowners | (3,109) | 3,510 | 1,216 |
| Income (loss) from discontinued operations | (216) | 4,091 | 5,776 |
| Income tax expense from discontinued operations | 151 | 1,874 | 1,528 |
| Net income (loss) from discontinued operations | (367) | 2,217 | 4,248 |
| Less: Noncontrolling interest in subsidiaries earnings from discontinued operations | 43 | 190 | 195 |
| Income (loss) from discontinued operations attributable to common shareowners | (410) | 2,027 | 4,053 |
| Net income (loss) attributable to common shareowners | (3,519) | 5,537 | 5,269 |
| Earnings (loss) per share attributable to common shareowners - basic | |||
| Income (loss) from continuing operations attributable to common shareowners | (2.29) | 4.11 | 1.52 |
| Income (loss) from discontinued operations | (0.30) | 2.37 | 5.06 |
| Net income (loss) attributable to common shareowners | (2.59) | 6.48 | 6.58 |
| Earnings (loss) per share attributable to common shareowners - diluted | |||
| Income (loss) from continuing operations attributable to common shareowners | (2.29) | 4.06 | 1.50 |
| Income (loss) from discontinued operations | (0.30) | 2.35 | 5.00 |
| Net income (loss) attributable to common shareowners | (2.59) | 6.41 | 6.50 |
| Weighted average number of shares outstanding: | |||
| Basic shares | 1,357,800 | 854,800 | 800,400 |
| Diluted shares | 1,357,800 | 863,900 | 810,100 |
| Product and Service | |||
| Product | |||
| Net sales | 43,319 | 32,998 | 24,141 |
| Cost of Products and Services Sold | 38,137 | 26,910 | 21,083 |
| Service | |||
| Net sales | 13,268 | 12,351 | 10,560 |
| Cost of Products and Services Sold | 9,919 | 7,688 | 6,382 |
| External Links | |
| RAYTHEON TECHNOLOGIES CORP (RTX) Fiscal Year 2020 | |
| 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 |