Raytheon technologies corporation (UTX)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08
Net Sales:
Revenues

18,210

19,551

19,496

19,634

18,365

18,044

16,510

16,705

15,242

15,680

15,062

15,280

13,815

14,659

14,354

14,874

13,357

14,300

13,788

14,690

13,320

11,351

14,613

17,191

14,745

10,733

15,462

16,006

14,399

16,443

15,042

13,807

12,416

14,370

14,235

14,469

12,680

12,813

13,620

13,802

12,040

13,605

13,375

13,196

12,249

15,085

Costs and Expenses:
Research and development

671

812

732

743

728

733

586

589

554

630

592

619

586

665

582

588

541

611

546

558

564

545

640

666

624

471

630

631

610

712

590

525

544

522

465

494

470

367

433

459

397

421

344

384

409

436

Selling, general and administrative

2,248

2,314

2,104

2,106

1,997

1,915

1,681

1,759

1,711

1,720

1,582

1,590

1,537

1,754

1,390

1,451

1,363

1,625

1,359

1,426

1,476

1,452

1,501

1,623

1,596

1,367

1,633

1,737

1,627

1,795

1,619

1,509

1,529

1,617

1,512

1,576

1,456

1,405

1,478

1,491

1,424

1,555

1,424

1,574

1,483

1,665

Total costs and expenses

16,327

17,860

17,047

17,262

16,432

16,395

14,803

14,770

13,545

14,145

13,280

13,373

12,259

13,153

12,314

12,780

11,558

12,889

11,705

12,456

11,546

9,109

12,306

15,220

12,910

9,269

13,283

13,920

12,702

14,793

13,212

11,968

11,003

12,538

12,315

12,538

11,090

-

11,578

-

-

-

-

-

-

-

Other income, net

-76

160

37

212

112

262

131

941

231

263

250

257

588

182

211

243

146

-597

219

181

408

286

305

384

263

206

187

421

309

101

211

340

300

25

231

219

98

64

-114

45

36

33

188

136

50

112

Operating Income (Loss)

1,807

1,851

2,486

2,584

2,045

1,911

1,838

2,876

1,928

1,798

2,032

2,164

2,144

1,688

2,251

2,337

1,945

392

2,302

2,415

2,182

2,528

2,612

2,355

2,098

1,670

2,366

2,507

2,006

1,751

2,041

2,179

1,713

1,857

2,151

2,150

1,688

1,565

1,928

1,882

1,523

1,719

1,771

1,637

1,250

2,049

Non-service pension cost (benefit)

-188

-161

-303

-216

-208

-194

-188

-192

-191

-154

-131

-126

-123

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense, net

380

419

401

360

431

317

258

234

229

247

223

226

213

366

225

225

223

206

184

217

217

265

185

206

225

-216

-226

-217

-236

-260

-216

-168

-129

-68

-139

-141

-148

-169

-161

-149

-171

-1,139

170

177

175

177

Income from operations before income taxes

955

1,593

2,388

2,440

1,822

1,788

1,768

2,834

1,890

1,705

1,940

2,064

2,054

1,273

2,026

2,112

1,722

186

2,118

2,198

1,965

2,263

2,427

2,149

1,873

1,454

2,140

2,290

1,770

1,491

1,825

2,011

1,584

1,789

2,012

2,009

1,540

1,396

1,767

1,733

1,352

1,624

1,601

1,460

1,075

1,872

Income tax expense

941

326

1,131

441

397

990

419

695

522

1,219

506

532

586

149

492

587

469

363

592

626

530

743

575

359

567

322

614

645

418

454

484

453

320

408

628

612

486

331

468

521

405

455

456

394

276

502

Net Income from operations

14

1,267

1,257

1,999

1,425

798

1,349

2,139

1,368

486

1,434

1,532

1,468

1,124

1,534

1,525

1,253

-177

1,526

1,572

1,435

1,520

1,852

1,790

1,306

1,132

1,526

1,645

1,352

1,037

1,341

1,558

1,264

1,381

1,384

1,397

1,054

-

-

-

-

-

-

-

-

-

Less: Noncontrolling interest in subsidiaries' earnings from operations

97

124

109

99

79

112

111

91

71

89

104

93

82

100

91

99

81

79

99

111

71

-

97

-

-

104

111

93

82

92

94

92

75

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from continuing operations attributable to common shareowners

-

-

-

-

-

-

-

-

-

-

1,330

1,439

1,386

1,024

1,443

1,426

1,172

-256

1,427

1,461

1,364

-

1,755

-

-

1,028

1,415

1,552

1,270

945

1,247

1,466

1,189

1,286

1,290

1,288

967

-

-

-

-

-

-

-

-

-

Income from operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1

-

-32

27

166

91

-

133

-

-

658

0

43

20

-937

91

-182

30

43

52

70

90

-

-

-

-

-

-

-

-

-

Gain on disposal

-

-

-

-

-

-

-

-

-

-

-

-

-

2

-4

-3

18

6,108

-38

-28

0

-

0

-

-

63

10

-25

-15

-1,012

-26

-31

-961

0

0

0

0

-

-

-

-

-

-

-

-

-

Income tax expense

-

-

-

-

-

-

-

-

-

-

-

-

-

12

-40

45

7

2,544

54

58

28

-

33

-

-

222

-7

10

9

998

-105

-77

-74

2

15

37

43

-

-

-

-

-

-

-

-

-

Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

3,532

-65

80

63

-

100

-

-

-

-

8

-

1,113

170

-136

-857

41

37

33

47

-

-

-

-

-

-

-

-

-

Less: Noncontrolling interest in subsidiaries' earnings (loss) from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

1

-203

1

110

93

-

-

-

-

1

2

2

2

-288

97

112

89

54

101

102

81

96

87

90

77

101

Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent

-

-

-

-

-

-

-

-

-

-

-

-

-

-11

37

-47

11

3,534

-65

81

62

-

99

-

-

435

17

8

-4

1,112

168

-138

-859

39

34

30

45

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,421

1,430

1,101

1,253

1,299

1,212

947

1,169

1,145

1,066

799

1,370

Net income attributable to common shareowners

-83

1,143

1,148

1,900

1,346

686

1,238

2,048

1,297

397

1,330

1,439

1,386

1,013

1,480

1,379

1,183

3,278

1,362

1,542

1,426

1,473

1,854

1,680

1,213

1,463

1,432

1,560

1,266

2,057

1,415

1,328

330

1,325

1,324

1,318

1,012

1,199

1,198

1,110

866

1,073

1,058

976

722

1,269

Comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

908

-

2,546

721

904

-

526

1,637

1,805

-

-

-

-

-

-

-

-

-

Less: Comprehensive income attributable to noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

61

-

119

67

85

-

72

114

125

-

-

-

-

-

-

-

-

-

Comprehensive income attributable to common shareowners

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

847

-

2,427

654

819

-

454

1,523

1,680

-

-

-

-

-

-

-

-

-

Earnings Per Share of Common Stock - Basic:
Net income from continuing operations attributable to common shareowners

-

-

-

-

-

-

-

-

-

-

1.69

1.83

1.75

1.28

1.76

1.73

1.42

-0.25

1.63

1.67

1.53

-

1.96

-

-

1.14

1.57

1.72

1.41

1.05

1.39

1.64

1.33

1.44

1.45

1.44

1.08

-

-

-

-

-

-

-

-

-

Net income attributable to common shareowners

-0.10

1.34

1.34

2.22

1.58

0.79

1.56

2.59

1.64

0.49

1.69

1.83

1.75

1.28

1.80

1.67

1.43

3.81

1.55

1.76

1.60

1.63

2.07

1.87

1.35

1.63

1.59

1.73

1.40

2.29

1.58

1.49

0.37

1.48

1.49

1.48

1.13

1.33

1.32

1.22

0.95

1.17

1.15

1.06

0.79

1.36

Earnings Per Share of Common Stock - Diluted:
Net income from continuing operations attributable to common shareowners

-

-

-

-

-

-

-

-

-

-

1.67

1.80

1.73

1.27

1.74

1.71

1.41

-0.23

1.61

1.64

1.51

-

1.93

-

-

1.11

1.55

1.70

1.39

1.05

1.37

1.62

1.31

1.43

1.43

1.41

1.06

-

-

-

-

-

-

-

-

-

Net income attributable to common shareowners

-0.10

1.32

1.33

2.20

1.56

0.78

1.54

2.56

1.62

0.50

1.67

1.80

1.73

1.27

1.78

1.65

1.42

3.76

1.54

1.73

1.58

1.62

2.04

1.84

1.32

1.58

1.57

1.71

1.39

2.27

1.56

1.47

0.36

1.46

1.47

1.45

1.11

1.31

1.30

1.20

0.93

1.15

1.14

1.05

0.78

1.33

Extinguishment of Debt, Amount

660

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends Per Share of Common Stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.42

0.42

0.42

0.42

0.37

0.39

0.39

0.39

0.32

Basic shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

902

905

910

913

915

917

919

918

933

Diluted shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

916

919

925

929

931

929

929

926

951

Product [Member]
Revenues

12,432

13,445

13,651

14,033

12,875

12,402

11,254

11,520

10,258

10,685

10,378

10,661

9,637

10,488

10,194

10,634

9,419

10,076

9,642

10,660

9,423

7,586

10,250

13,017

10,692

7,341

11,243

11,661

10,255

11,886

10,839

9,585

8,419

9,977

9,992

10,226

8,687

8,493

9,771

9,967

8,384

9,945

9,398

9,327

8,662

11,002

Cost of Products and Services Sold

9,781

10,834

10,461

10,863

10,286

10,242

9,342

9,154

8,016

8,156

7,800

7,957

7,311

7,762

7,522

7,933

7,087

7,819

7,114

7,839

6,999

4,762

7,342

10,182

8,081

5,175

8,316

8,712

7,848

9,370

8,278

7,123

6,323

7,592

7,519

7,666

6,475

6,564

7,124

7,466

6,359

7,685

7,353

7,111

6,756

8,246

Service [Member]
Revenues

5,778

6,106

5,845

5,601

5,490

5,642

5,256

5,185

4,984

4,995

4,684

4,619

4,178

4,171

4,160

4,240

3,938

4,224

4,146

4,030

3,897

3,765

4,363

4,174

4,053

3,392

4,219

4,345

4,144

4,557

4,203

4,222

3,997

4,393

4,243

4,243

3,993

4,320

3,849

3,835

3,656

4,034

3,789

3,733

3,537

3,971

Cost of Products and Services Sold

3,627

3,900

3,750

3,550

3,421

3,505

3,194

3,268

3,264

3,639

3,306

3,207

2,825

2,972

2,820

2,808

2,567

2,834

2,686

2,633

2,507

2,350

2,823

2,749

2,609

2,256

2,704

2,840

2,617

2,916

2,725

2,811

2,607

2,807

2,819

2,802

2,689

2,976

2,543

2,549

2,373

2,632

2,483

2,490

2,351

2,689