RAYTHEON CO/ Financial Statements (2024 and earlier)

Company Profile

Business Address 870 WINTER STREET
WALTHAM, MA 02451-1449
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3812 - Search, Detection, Navigation, Guidance, Aeronautical, and Nautical Systems and Instruments (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,6083,4003,4033,2004,7194,297
Cash and cash equivalents3,6083,1033,3032,3283,2223,296
Short-term investments  2971008721,4971,001
Receivables1,6481,3246,1945,5594,9814,866
Inventory, net of allowances, customer advances and progress billings758594659635414363
Inventory758594659635414363
Contract with customer, asset, after allowance for credit loss5,594✕✕✕✕✕
Disposal group, including discontinued operation     1 
Other current assets528761    
Deferred tax assets✕     24
Other undisclosed current assets  5,247422418177266
Total current assets:12,13611,32610,6789,81210,2929,816
Noncurrent Assets
Operating lease, right-of-use asset✕✕✕✕✕✕
Property, plant and equipment2,8402,4392,1662,0051,9351,937
Intangible assets, net (including goodwill)14,10414,21914,78814,73113,07112,522
Goodwill14,86414,87114,78814,73113,06112,764
Intangible assets, net (excluding goodwill)(760)(652)  10(242)
Contract with customer, asset, after allowance for credit loss13✕✕✕✕✕
Deferred costs  37  223279
Other noncurrent assets2,0242,2242,4202,7332,6121,384
Costs in excess of billings✕✕   190114
Deferred tax assets, net✕329532  1,222 
Other undisclosed noncurrent assets41883  (1,645)(85)
Total noncurrent assets:19,72819,53419,37419,46917,60816,151
TOTAL ASSETS:31,86430,86030,05229,28127,90025,967
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,4732,8614,1883,9333,6462,246
Employee-related liabilities1,5091,3421,2341,1541,0591,068
Accounts payable1,9641,5191,5201,4021,2501,178
Accrued liabilities   1,4341,3771,337 
Deferred revenue✕✕✕✕✕✕
Debt300300    
Disposal group, including discontinued operation     15 
Other liabilities1,2061,260    
Billings in excess of cost✕✕2,927    
Deferred tax liabilities✕    16582
Customer advances and deposits✕✕ 2,2392,1932,284✕
Contract with customer, liability✕3,309✕✕✕✕✕
Other undisclosed current liabilities     (180)3,482
Total current liabilities:8,2887,3486,4276,1265,9305,810
Noncurrent Liabilities
Long-term debt and lease obligation4,7554,7505,3355,3305,3304,734
Long-term debt, excluding current maturities4,7554,7505,3355,3305,3304,734
Liabilities, other than long-term debt6,9388,2877,7757,1406,9194,160
Pension and other postretirement defined benefit plans, liabilities✕✕✕✕✕✕3,903
Deferred tax liabilities, net✕     257
Liability, pension and other postretirement and postemployment benefits6,9388,2877,7757,1406,919✕
Operating lease, liability✕✕✕✕✕✕
Other undisclosed noncurrent liabilities130203134  66
Total noncurrent liabilities:11,82313,24013,24412,47012,2498,960
Total liabilities:20,11120,58819,67118,59618,17914,770
Temporary equity, carrying amount 281309315355  
Equity
Equity, attributable to parent11,4729,96310,06610,1289,52511,035
Common stock333333
Additional paid in capital    3981,3091,972
Accumulated other comprehensive loss(8,618)(7,935)(7,411)(7,176)(7,458)(5,113)
Retained earnings20,08717,89517,47416,90315,67114,173
Equity, attributable to noncontrolling interest    202196162
Total equity:11,4729,96310,06610,3309,72111,197
TOTAL LIABILITIES AND EQUITY:31,86430,86030,05229,28127,90025,967

Income Statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues27,05825,34824,06923,24722,82623,706
Revenue, net✕✕25,34824,06923,24722,82623,706
Cost of revenue(18,164)(19,076)(17,947)(17,574)(17,295)(18,532)
Cost of goods and services sold  (19,076)(17,947)(17,574)(17,295)(18,532)
Gross profit:8,8946,2726,1225,6735,5315,174
Operating expenses(4,356)(2,954)(2,882)(2,660)(3,291)(3,146)
Other undisclosed operating income     939910
Operating income:4,5383,3183,2403,0133,1792,938
Nonoperating expense(1,391)(205)(210)(226)(196)(181)
Net periodic defined benefits expense (reversal of expense), excluding service cost component(1,230)✕✕✕✕✕
Interest and debt expense(184)(39)(232)(233)(213)(210)
Income from continuing operations before equity method investments, income taxes:2,9633,0742,7982,5542,7702,547
Other undisclosed income from continuing operations before income taxes18439232233213210
Income from continuing operations before income taxes:3,1473,1133,0302,7872,9832,757
Income tax expense(264)(1,114)(857)(733)(790)(808)
Income from continuing operations:2,8831,9992,1732,0542,1931,949
Income before gain (loss) on sale of properties:2,8822,0012,1742,0672,2582,013
Income (loss) from discontinued operations(1)21136564
Net income:2,8822,0012,1742,0672,2582,013
Net income (loss) attributable to noncontrolling interest2723377(14)(17)
Net income available to common stockholders, diluted:2,9092,0242,2112,0742,2441,996

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:2,8822,0012,1742,0672,2582,013
Other comprehensive income (loss)768(524)(235)282(2,345)2,675
Other undisclosed comprehensive loss (1,451)     
Comprehensive income (loss):2,1991,4771,9392,349(87)4,688
Comprehensive income (loss), net of tax, attributable to noncontrolling interest2723377(14)17
Other undisclosed comprehensive loss, net of tax, attributable to parent      (34)
Comprehensive income (loss), net of tax, attributable to parent:2,2261,5001,9762,356(101)4,671

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: