Raytheon Co., adjusted current assets

US$ in millions

	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015
As Reported
Current assets	13,082)	12,136)	11,326)	10,678)	9,812)
Adjustments
Add: Allowance for doubtful accounts	7)	12)	8)	8)	5)
After Adjustment
Adjusted current assets	13,089)	12,148)	11,334)	10,686)	9,817)

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Raytheon Co., adjusted total assets

US$ in millions

	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015
As Reported
Total assets	34,566)	31,864)	30,860)	30,052)	29,281)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	842)	909)	1,086)	976)
Add: Allowance for doubtful accounts	7)	12)	8)	8)	5)
Less: Deferred tax asset²	534)	331)	537)	753)	906)
After Adjustment
Adjusted total assets	34,039)	32,387)	31,240)	30,393)	29,356)

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Deferred tax asset. See details »

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Raytheon Co., adjusted total liabilities

US$ in millions

	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015
As Reported
Total liabilities	22,311)	19,981)	20,385)	19,537)	18,596)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	842)	909)	1,086)	976)
After Adjustment
Adjusted total liabilities	22,311)	20,823)	21,294)	20,623)	19,572)

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

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Raytheon Co., adjusted total Raytheon Company stockholders’ equity

US$ in millions

	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015
As Reported
Total Raytheon Company stockholders’ equity	12,223)	11,472)	9,963)	10,066)	10,128)
Adjustments
Less: Noncurrent deferred tax assets (liabilities)¹	513)	329)	532)	746)	887)
Add: Allowance for doubtful accounts	7)	12)	8)	8)	5)
Add: Redeemable noncontrolling interests	32)	411)	512)	449)	355)
Add: Noncontrolling interests in subsidiaries	—)	—)	—)	—)	202)
After Adjustment
Adjusted total equity	11,749)	11,566)	9,951)	9,777)	9,803)

¹ Noncurrent deferred tax assets (liabilities). See details »

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Raytheon Co., adjusted capitalization table

US$ in millions

	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015
As Reported
Commercial paper and current portion of long-term debt	1,499)	300)	300)	—)	—)
Long-term debt, excluding current portion	3,261)	4,755)	4,750)	5,335)	5,330)
Total reported debt	4,760)	5,055)	5,050)	5,335)	5,330)
Total Raytheon Company stockholders’ equity	12,223)	11,472)	9,963)	10,066)	10,128)
Total reported capital	16,983)	16,527)	15,013)	15,401)	15,458)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	842)	909)	1,086)	976)
Add: Operating lease liabilities, current²	213)	—)	—)	—)	—)
Add: Operating lease liabilities, noncurrent³	706)	—)	—)	—)	—)
Adjusted total debt	5,679)	5,897)	5,959)	6,421)	6,306)
Adjustments to Equity
Less: Noncurrent deferred tax assets (liabilities)⁴	513)	329)	532)	746)	887)
Add: Allowance for doubtful accounts	7)	12)	8)	8)	5)
Add: Redeemable noncontrolling interests	32)	411)	512)	449)	355)
Add: Noncontrolling interests in subsidiaries	—)	—)	—)	—)	202)
Adjusted total equity	11,749)	11,566)	9,951)	9,777)	9,803)
After Adjustment
Adjusted total capital	17,428)	17,463)	15,910)	16,198)	16,109)

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Operating lease liabilities, current. See details »

³ Operating lease liabilities, noncurrent. See details »

⁴ Noncurrent deferred tax assets (liabilities). See details »

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Raytheon Co., adjusted net income attributable to Raytheon Company

US$ in millions

12 months ended:	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015
As Reported
Net income attributable to Raytheon Company	3,343)	2,909)	2,024)	2,211)	2,074)
Adjustments
Add: Deferred income tax expense (benefit)¹	(28)	(24)	252)	109)	(56)
Add: Increase (decrease) in allowance for doubtful accounts	(5)	4)	—)	3)	1)
Less: Income (loss) from discontinued operations, net of tax	1)	(1)	2)	1)	13)
Add: Other comprehensive income (loss), net of tax	(642)	768)	(524)	(235)	282)
Add: Comprehensive income (loss), net of tax, attributable to noncontrolling interest	(14)	(27)	(23)	(37)	(7)
After Adjustment
Adjusted net income	2,653)	3,631)	1,727)	2,050)	2,281)

¹ Deferred income tax expense (benefit). See details »

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Raytheon Co. (NYSE:RTN)

Adjustments to Financial Statements