Raytheon Co. (RTN)

Statement of Financial Position, Liabilities and Stockholders’ Equity

Difficulty: Beginner

The statement of financial position provides creditors, investors, and analysts with information on company’s resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company’s assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Raytheon Co., Consolidated Statement of Financial Position, Liabilities and Stockholders’ Equity

USD $ in millions

		Dec 31, 2018		Dec 31, 2017		Dec 31, 2016		Dec 31, 2015		Dec 31, 2014
	Commercial paper
	Contract liabilities
	Accounts payable
	Accrued employee compensation
	Other current liabilities
	Current liabilities
	Accrued retiree benefits and other long-term liabilities
	Long-term debt
	Long-term liabilities
	Total liabilities
	Redeemable noncontrolling interest
	Common stock, par value, $0.01 per share
	Additional paid-in capital
	Accumulated other comprehensive loss
	Retained earnings
	Total Raytheon Company stockholders’ equity
	Noncontrolling interests in subsidiaries
	Total equity
	Total liabilities, redeemable noncontrolling interest and equity

Based on: 10-K (filing date: 2019-02-13), 10-K (filing date: 2018-02-14), 10-K (filing date: 2017-02-15), 10-K (filing date: 2016-02-10), 10-K (filing date: 2015-02-11).

Item	Description	The company
Current liabilities	Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.	Raytheon Co.’s current liabilities increased from 2016 to 2017 and from 2017 to 2018.
Long-term liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	Raytheon Co.’s long-term liabilities declined from 2016 to 2017 and from 2017 to 2018.
Total liabilities	Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.	Raytheon Co.’s total liabilities increased from 2016 to 2017 but then slightly declined from 2017 to 2018.
Total Raytheon Company stockholders’ equity	Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity’s stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.	Raytheon Co.’s total Raytheon Company stockholders’ equity declined from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level.

	Raytheon Co.	Other companies (not purchased previously)
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

	All companies
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality