RAYTHEON COMPANY RTN Income Statement

Raytheon company (RTN)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07
Net sales
Revenues
29,176	27,058	25,348	24,124	23,321	22,826	23,706	24,414	24,791	25,150	24,881	23,174	21,301
Operating expenses
General and administrative expenses
2,989	2,947	2,777	2,721	2,646	2,352	2,236	2,333	2,297	1,639	1,527	1,548	1,434
Research and development expenses
-	-	-	-	-	-	-	-	-	625	565	517	502
Total operating expenses
24,402	22,520	21,117	20,228	20,254	19,647	20,768	21,425	21,961	22,537	21,839	20,554	18,947
Operating Income (Loss)
4,774	4,538	4,231	3,896	3,067	3,179	2,938	2,989	2,830	2,613	3,042	2,620	2,354
Non-operating (income) expense, net
Retirement benefits non-service expense
688	1,230	913	601	-	-	-	-	-	-	-	-	-
Interest expense
180	184	205	232	233	213	210	201	172	126	123	129	196
Interest income
42	31	21	16	11	10	12	9	14	12	14	64	163
Other (income) expense, net
38	-8	-21	6	-4	7	17	-18	-12	-65	-3	-33	-70
Total non-operating (income) expense, net
-788	-1,391	-1,118	-811	-226	-196	-181	-210	-170	-179	-112	-98	-103
Income from continuing operations before taxes
3,986	3,147	3,113	3,085	2,841	2,983	2,757	2,779	2,660	2,434	2,930	2,522	2,251
Income Tax Expense (Benefit)
658	264	1,114	873	747	790	808	878	782	590	953	824	532
Income from continuing operations
3,328	2,883	1,999	2,212	2,094	2,193	1,949	1,901	1,878	1,844	1,977	1,698	1,719
Operating (loss) income from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-57
Net gain on sales of discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	942
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
1	-1	2	1	13	65	64	-1	18	35	-1	-2	885
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
3,329	2,882	2,001	2,213	2,107	2,258	2,013	1,900	1,896	1,879	1,976	1,696	2,604
Less: Net income (loss) attributable to noncontrolling interests in subsidiaries
-14	-27	-23	-31	-3	14	17	12	30	39	41	24	26
Net Income (Loss) Attributable to Parent
3,343	2,909	2,024	2,244	2,110	2,244	1,996	1,888	1,866	1,840	1,935	1,672	2,578
Basic earnings per share attributable to Raytheon Company common stockholders:
Income from continuing operations
11.93	10.16	6.95	7.55	6.88	6.98	5.97	5.67	5.25	4.84	4.96	4.01	3.86
Income (loss) from discontinued operations, net of tax
0.00	0.00	0.01	0.00	0.04	0.21	0.20	0.00	0.05	0.09	0.00	-0.01	2.02
Earnings Per Share, Basic
11.94	10.16	6.96	7.56	6.92	7.19	6.17	5.67	5.30	4.94	4.96	4.01	5.88
Diluted earnings per share attributable to Raytheon Company common stockholders:
Income from continuing operations
11.92	10.15	6.94	7.55	6.87	6.97	5.96	5.65	5.22	4.79	4.89	3.93	3.78
Income (loss) from discontinued operations, net of tax
0.00	0.00	0.01	0.00	0.04	0.21	0.20	0.00	0.05	0.09	0.00	-0.01	1.97
Earnings Per Share, Diluted
11.93	10.15	6.95	7.55	6.91	7.18	6.16	5.65	5.28	4.88	4.89	3.92	5.75
Income from continuing operations
3,342	2,910	2,022	2,243	2,097	2,179	1,932	1,889	1,848	1,805	1,936	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
1	-1	2	1	13	65	64	-1	18	35	-1	-2	885
Net Income (Loss) Attributable to Parent
3,343	2,909	2,024	2,244	2,110	2,244	1,996	1,888	1,866	1,840	1,935	1,672	2,578
Dividends declared per share
-	-	-	-	2.68	2.42	-	-	-	-	-	-	-
Products [Member]
Revenues
24,435	22,633	21,416	20,309	19,623	19,126	19,855	20,380	20,725	21,363	21,761	20,923	19,455
Cost of Sales
17,747	16,108	15,252	14,462	14,563	14,260	15,292	15,712	16,245	17,000	17,071	16,570	15,431
Services [Member]
Revenues
4,741	4,425	3,932	3,815	3,698	3,700	3,851	4,034	4,066	3,787	3,120	2,251	1,846
Cost of Sales
3,666	3,465	3,088	3,045	3,045	3,035	3,240	3,380	3,419	3,273	2,676	1,919	1,580