RAYTHEON COMPANY RTN Cash Flow

Raytheon company (RTN)

CashFlow / TTM

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jul'18	Apr'18	Dec'17	Oct'17	Jul'17	Apr'17	Dec'16	Sep'16	Jul'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
Cash flows from operating activities
Net income
3,329	3,275	3,056	3,034	2,882	2,442	2,368	2,124	2,001	2,167	2,142	2,308	2,213	2,267	2,168	1,958	2,107	2,086	2,162	2,212	2,258	2,205	2,179	2,119	2,013	1,951	1,965	1,942	1,900	1,981	1,984	1,959	1,896	1,818	2,045	1,815	1,879	1,922	1,683	1,969	1,976	0	0	0
(Income) loss from discontinued operations, net of tax
1	-2	-1	0	-1	0	-1	-2	2	2	4	3	1	14	12	14	13	6	7	58	65	123	125	73	64	3	0	-1	-1	0	4	13	18	-27	58	46	35	0	0	0	-	-	-	0
Income from continuing operations
3,328	3,277	3,057	3,034	2,883	2,442	2,369	2,126	1,999	2,165	2,138	2,305	2,212	2,253	2,156	1,944	2,094	2,080	2,155	2,154	2,193	2,082	2,054	2,046	1,949	1,948	1,965	1,943	1,901	1,981	1,980	1,946	1,878	1,845	1,987	1,769	1,844	1,846	1,696	1,981	1,977	0	0	0
Adjustments to reconcile to net cash provided by (used in) operating activities from continuing operations, net of the effect of acquisitions and divestitures
Depreciation and amortization
605	597	585	573	568	566	561	555	550	539	531	521	515	513	513	506	489	465	446	439	439	440	440	444	445	446	448	451	455	457	457	452	444	431	423	415	414	418	414	408	402	0	0	0
Stock-based compensation
184	150	155	161	165	183	182	179	173	158	154	154	151	146	142	143	140	144	147	161	148	151	153	136	129	134	130	126	122	114	104	98	102	112	121	130	128	123	129	125	127	0	0	0
Deferred income taxes
-28	-63	-29	9	-24	373	365	229	252	80	81	109	133	122	137	22	-42	-49	-226	-123	-60	-57	80	35	68	-47	-50	85	94	299	462	396	376	161	434	312	345	306	20	222	269	0	0	0
Collection of financing receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-49	-53	-53	-46	0	0	0
Tax benefit from stock-based awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	47	47	53	54	47	48	42	24	16	10	13	11	13	14	15	19	14	17	15	9	21	25	22	24	13	0	0	0
Changes in assets and liabilities
Receivables, net
-296	-65	281	-223	327	136	-243	316	157	144	125	43	-18	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Contract assets and contract liabilities
534	709	395	529	-28	-582	-268	-468	-88	682	775	904	645	881	353	365	656	421	695	671	162	-51	-238	-25	391	0	0	0	-	-	-182	-365	-289	370	504	134	-24	218	-248	22	225	0	0	0
Inventories
-87	-2	207	244	166	115	146	41	-14	56	-31	42	10	17	95	53	187	98	89	143	50	117	-25	-80	-18	-84	-1	40	37	64	27	-21	-29	96	85	81	13	-12	24	37	6	0	0	0
Prepaid expenses and other current assets
-45	-8	6	124	-73	-128	-154	-217	-204	-101	-187	-187	-205	-184	-40	-272	61	-30	-92	89	-50	70	108	166	27	-77	-80	-65	-44	40	25	14	81	0	0	0	-	-	-	-	36	0	0	0
Income taxes receivable/payable
-275	-212	-197	65	174	-65	-124	-147	-193	-41	-150	-130	-185	-262	-209	-318	-181	-138	-110	69	-33	18	183	178	197	158	-45	-96	-219	0	0	0	-	-	300	112	419	-87	188	136	494	0	0	0
Accounts payable
-168	51	-23	89	406	33	71	-42	-94	-91	-135	-24	152	96	255	176	107	236	19	42	54	-84	-48	-142	-171	-51	-18	19	-159	-157	-157	-125	-41	-70	0	7	141	140	134	102	198	0	0	0
Accrued employee compensation
295	183	106	62	165	88	67	52	111	34	66	67	77	-62	146	-122	72	16	4	24	-20	-12	1	2	53	22	39	6	75	47	5	24	18	162	-113	154	27	-34	41	77	-56	0	0	0
Other current liabilities
71	26	-21	-45	-108	27	61	47	106	53	10	1	-41	-89	-72	-34	17	54	29	-30	-33	21	26	30	48	12	22	7	3	-90	-96	-160	-150	26	-12	193	175	160	159	118	78	0	0	0
Other long-term liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-52	-59	-91	-74	-8	-70	-37	-25	0	0	0	-	-	-	-	-	-	-	-
Accrued retiree benefits
731	842	-295	-508	-421	-1,450	-575	-227	-250	178	538	481	419	747	674	591	637	170	69	-280	-367	21	-124	39	150	-76	174	-94	-131	-380	-827	-763	-760	0	0	0	-	-	-	-	-	-	-	-
Other, net
155	94	48	32	-12	37	51	68	95	69	68	38	-9	12	-53	35	48	97	122	51	48	54	59	67	70	-25	-45	-46	-35	0	0	0	-	-	-	-	-	-	-70	54	40	0	0	0
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities from continuing operations
4,482	4,123	2,401	2,734	3,428	2,619	3,445	3,071	2,747	0	0	0	-	-	-	2,616	2,346	2,362	1,683	1,460	2,064	2,341	2,813	2,619	2,382	2,264	2,480	2,262	1,951	2,249	1,983	2,153	2,102	1,638	1,206	1,695	1,892	2,143	2,479	2,591	2,745	0	0	0
Net cash provided by (used in) operating activities from discontinued operations
-2	-2	-1	-1	0	0	-1	-1	-2	0	0	0	-	-	-	13	13	85	87	109	120	30	30	7	-4	1	0	3	6	38	54	54	5	16	5	3	50	3	-9	-12	-20	0	0	0
Net cash provided by (used in) operating activities
4,480	4,121	2,400	2,733	3,428	2,619	3,444	3,070	2,745	2,263	2,522	2,485	2,852	2,537	2,998	2,629	2,359	2,447	1,770	1,569	2,184	2,371	2,843	2,626	2,378	2,265	2,480	2,265	1,957	2,287	2,037	2,207	2,107	1,654	1,211	1,698	1,942	2,146	2,470	2,579	2,725	0	0	0
Cash flows from investing activities
Additions to property, plant and equipment
942	870	835	818	763	766	728	676	543	540	505	497	561	511	500	501	406	392	368	342	326	288	276	270	280	300	307	318	339	347	370	360	340	332	317	324	319	326	308	292	280	0	0	0
Proceeds from sales of property, plant and equipment
-	-	-	-	-	-	-	-	46	40	64	44	34	39	41	56	59	54	28	13	9	1	1	1	2	1	3	47	46	0	0	0	-	-	-	-	4	0	0	0	-	-	-	-
Additions to capitalized internal-use software
65	62	55	56	58	61	63	64	68	66	71	68	64	61	51	50	51	51	54	55	54	55	54	52	49	50	51	65	76	83	93	91	97	96	86	79	67	63	64	68	67	0	0	0
Purchases of short-term investments
-	-	-	-	-	-	-	-	696	399	399	871	472	1,206	1,716	1,244	1,392	1,382	1,691	1,717	2,914	2,492	1,773	2,385	1,241	1,613	1,638	1,706	1,505	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Sales of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	209	209	209	560	882	882	882	782	325	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Maturities of short-term investments
0	0	0	0	309	309	726	726	517	879	685	1,157	1,184	1,279	1,618	1,670	1,793	2,027	1,702	1,373	1,523	1,093	1,012	1,026	779	948	867	658	505	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments to Acquire Businesses, Net of Cash Acquired
8	8	8	8	0	0	54	54	93	93	39	39	57	119	119	2,005	1,954	2,319	2,319	433	427	0	0	0	-	-	-	-	-	-	-	-	645	691	690	640	152	0	0	0	-	-	-	-
Other
-1	12	17	21	22	-13	-18	-20	-20	4	18	12	11	5	-19	-29	2	21	30	46	15	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
-1,003	-950	-913	-890	-521	-776	-372	-310	-817	-183	-283	-286	53	-584	-708	-1,971	-1,744	-1,875	-2,523	-647	-1,322	-854	-203	-907	-473	-998	-1,118	-1,538	-1,523	-1,089	-1,058	-565	-1,051	-1,090	-1,073	-1,042	-535	0	0	0	-	0	0	0
Cash flows from financing activities
Dividends paid
1,036	1,020	1,005	990	975	959	943	925	910	894	878	864	850	837	825	812	797	779	763	747	735	725	714	704	694	685	673	661	643	626	613	599	588	575	564	554	536	519	499	478	473	0	0	0
Proceeds from (Repayments of) Commercial Paper
-300	-300	0	0	0	0	0	300	300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchases of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,038	1,225	1,338	1,250	1,187	1,300	1,462	1,450	1,500	1,375	1,200	1,200	0	0	0
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	1	2	11	24	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contribution from noncontrolling interest in Forcepoint
-	-	-	-	-	-	-	-	8	8	8	8	11	11	11	11	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from warrants exercised
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	123	123	123	100	250	0	0	0	-	-	-	-
Activity under common stock plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	92	92	62	22	30	34	16	22	33	29	21	1	0	0	0
Tax benefit from stock-based awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	47	47	53	54	47	48	42	24	16	10	13	11	13	14	15	19	14	17	15	9	21	25	22	24	13	0	0	0
Other
-10	-5	-5	-5	-5	-5	-5	-5	0	0	0	0	-5	-5	-6	-8	-3	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
-2,803	-2,594	-2,403	-2,507	-2,398	-2,081	-2,145	-2,178	-2,116	-2,099	-2,080	-1,946	-1,930	-2,064	-2,102	-1,630	-1,509	-753	-680	-1,052	-936	-1,825	-1,846	-1,808	-1,797	-1,357	-1,245	-1,143	-1,246	-571	-745	-761	-694	-308	-407	-609	-411	-1,703	-1,565	-1,461	-1,650	0	0	0
Net increase (decrease) in cash, cash equivalents and restricted cash
674	577	-916	-664	509	-238	927	582	-188	-19	159	253	975	-111	188	-972	-894	-181	-1,433	-130	-74	-308	794	-89	108	-90	117	-416	-812	627	234	881	362	256	-269	47	996	-293	186	403	383	0	0	0
Share Repurchase Program [Member]
Repurchases of common stock
800	1,200	1,325	1,425	1,325	1,025	1,100	800	800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Satisfy tax withholding [Member]
Repurchases of common stock
69	69	68	87	93	92	97	119	85	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-