Analysis of Reportable Segments
RTX Corp. operates in 3 segments: Collins Aerospace; Pratt & Whitney; and Raytheon.
Segment Profit Margin
RTX Corp., profit margin by reportable segment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Collins Aerospace | 14.57% | 11.38% | 9.53% | 7.60% | 15.75% |
| Pratt & Whitney | -7.95% | 5.24% | 2.50% | -3.36% | 7.98% |
| Raytheon | 9.03% | 9.81% | 12.49% | 8.46% | — |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Collins Aerospace | Collins Aerospace segment profit margin ratio improved from 2021 to 2022 and from 2022 to 2023. |
| Pratt & Whitney | Pratt & Whitney segment profit margin ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. | |
| Raytheon | Raytheon segment profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment Profit Margin: Collins Aerospace
RTX Corp.; Collins Aerospace; segment profit margin calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 3,825) | 2,343) | 1,759) | 1,466) | 4,100) |
| Net sales | 26,253) | 20,597) | 18,449) | 19,288) | 26,028) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 14.57% | 11.38% | 9.53% | 7.60% | 15.75% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment profit margin = 100 × Operating profit (loss) ÷ Net sales
= 100 × 3,825 ÷ 26,253 = 14.57%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Collins Aerospace | Collins Aerospace segment profit margin ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Profit Margin: Pratt & Whitney
RTX Corp.; Pratt & Whitney; segment profit margin calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | (1,455) | 1,075) | 454) | (564) | 1,668) |
| Net sales | 18,296) | 20,530) | 18,150) | 16,799) | 20,892) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | -7.95% | 5.24% | 2.50% | -3.36% | 7.98% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment profit margin = 100 × Operating profit (loss) ÷ Net sales
= 100 × -1,455 ÷ 18,296 = -7.95%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Pratt & Whitney | Pratt & Whitney segment profit margin ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
Segment Profit Margin: Raytheon
RTX Corp.; Raytheon; segment profit margin calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 2,379) | 2,861) | 3,837) | 1,904) | —) |
| Net sales | 26,350) | 29,175) | 30,719) | 22,501) | —) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 9.03% | 9.81% | 12.49% | 8.46% | — |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment profit margin = 100 × Operating profit (loss) ÷ Net sales
= 100 × 2,379 ÷ 26,350 = 9.03%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Raytheon | Raytheon segment profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment Return on Assets (Segment ROA)
RTX Corp., ROA by reportable segment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Collins Aerospace | 5.31% | 3.50% | 2.60% | 2.13% | 5.54% |
| Pratt & Whitney | -3.57% | 2.97% | 1.36% | -1.72% | 5.33% |
| Raytheon | 5.30% | 5.84% | 7.63% | 3.74% | — |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Collins Aerospace | Collins Aerospace segment ROA improved from 2021 to 2022 and from 2022 to 2023. |
| Pratt & Whitney | Pratt & Whitney segment ROA improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. | |
| Raytheon | Raytheon segment ROA deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment ROA: Collins Aerospace
RTX Corp.; Collins Aerospace; segment ROA calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 3,825) | 2,343) | 1,759) | 1,466) | 4,100) |
| Total assets | 72,085) | 67,030) | 67,564) | 68,701) | 74,049) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 5.31% | 3.50% | 2.60% | 2.13% | 5.54% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment ROA = 100 × Operating profit (loss) ÷ Total assets
= 100 × 3,825 ÷ 72,085 = 5.31%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Collins Aerospace | Collins Aerospace segment ROA improved from 2021 to 2022 and from 2022 to 2023. |
Segment ROA: Pratt & Whitney
RTX Corp.; Pratt & Whitney; segment ROA calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | (1,455) | 1,075) | 454) | (564) | 1,668) |
| Total assets | 40,723) | 36,205) | 33,414) | 32,780) | 31,271) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | -3.57% | 2.97% | 1.36% | -1.72% | 5.33% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment ROA = 100 × Operating profit (loss) ÷ Total assets
= 100 × -1,455 ÷ 40,723 = -3.57%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Pratt & Whitney | Pratt & Whitney segment ROA improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
Segment ROA: Raytheon
RTX Corp.; Raytheon; segment ROA calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 2,379) | 2,861) | 3,837) | 1,904) | —) |
| Total assets | 44,929) | 49,026) | 50,311) | 50,910) | —) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 5.30% | 5.84% | 7.63% | 3.74% | — |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment ROA = 100 × Operating profit (loss) ÷ Total assets
= 100 × 2,379 ÷ 44,929 = 5.30%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Raytheon | Raytheon segment ROA deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment Asset Turnover
RTX Corp., asset turnover by reportable segment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Collins Aerospace | 0.36 | 0.31 | 0.27 | 0.28 | 0.35 |
| Pratt & Whitney | 0.45 | 0.57 | 0.54 | 0.51 | 0.67 |
| Raytheon | 0.59 | 0.60 | 0.61 | 0.44 | — |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Collins Aerospace | Collins Aerospace segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
| Pratt & Whitney | Pratt & Whitney segment asset turnover ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. | |
| Raytheon | Raytheon segment asset turnover ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment Asset Turnover: Collins Aerospace
RTX Corp.; Collins Aerospace; segment asset turnover calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net sales | 26,253) | 20,597) | 18,449) | 19,288) | 26,028) |
| Total assets | 72,085) | 67,030) | 67,564) | 68,701) | 74,049) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 0.36 | 0.31 | 0.27 | 0.28 | 0.35 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment asset turnover = Net sales ÷ Total assets
= 26,253 ÷ 72,085 = 0.36
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Collins Aerospace | Collins Aerospace segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Asset Turnover: Pratt & Whitney
RTX Corp.; Pratt & Whitney; segment asset turnover calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net sales | 18,296) | 20,530) | 18,150) | 16,799) | 20,892) |
| Total assets | 40,723) | 36,205) | 33,414) | 32,780) | 31,271) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 0.45 | 0.57 | 0.54 | 0.51 | 0.67 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment asset turnover = Net sales ÷ Total assets
= 18,296 ÷ 40,723 = 0.45
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Pratt & Whitney | Pratt & Whitney segment asset turnover ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
Segment Asset Turnover: Raytheon
RTX Corp.; Raytheon; segment asset turnover calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net sales | 26,350) | 29,175) | 30,719) | 22,501) | —) |
| Total assets | 44,929) | 49,026) | 50,311) | 50,910) | —) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 0.59 | 0.60 | 0.61 | 0.44 | — |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment asset turnover = Net sales ÷ Total assets
= 26,350 ÷ 44,929 = 0.59
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Raytheon | Raytheon segment asset turnover ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment Capital Expenditures to Depreciation
RTX Corp., capital expenditures to depreciation by reportable segment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Collins Aerospace | 0.87 | 0.88 | 0.91 | 0.87 | 0.55 |
| Pratt & Whitney | 1.39 | 1.31 | 1.09 | 0.78 | 0.84 |
| Raytheon | 1.17 | 1.07 | 1.14 | 1.30 | — |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Collins Aerospace | Collins Aerospace segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
| Pratt & Whitney | Pratt & Whitney segment capital expenditures to depreciation ratio improved from 2021 to 2022 and from 2022 to 2023. | |
| Raytheon | Raytheon segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
Segment Capital Expenditures to Depreciation: Collins Aerospace
RTX Corp.; Collins Aerospace; segment capital expenditures to depreciation calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital expenditures | 628) | 655) | 665) | 638) | 959) |
| Depreciation & amortization | 724) | 742) | 728) | 736) | 1,749) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 0.87 | 0.88 | 0.91 | 0.87 | 0.55 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation & amortization
= 628 ÷ 724 = 0.87
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Collins Aerospace | Collins Aerospace segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment Capital Expenditures to Depreciation: Pratt & Whitney
RTX Corp.; Pratt & Whitney; segment capital expenditures to depreciation calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital expenditures | 1,025) | 949) | 700) | 565) | 822) |
| Depreciation & amortization | 736) | 724) | 642) | 729) | 980) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 1.39 | 1.31 | 1.09 | 0.78 | 0.84 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation & amortization
= 1,025 ÷ 736 = 1.39
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Pratt & Whitney | Pratt & Whitney segment capital expenditures to depreciation ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Capital Expenditures to Depreciation: Raytheon
RTX Corp.; Raytheon; segment capital expenditures to depreciation calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital expenditures | 637) | 580) | 592) | 498) | —) |
| Depreciation & amortization | 544) | 542) | 520) | 382) | —) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 1.17 | 1.07 | 1.14 | 1.30 | — |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation & amortization
= 637 ÷ 544 = 1.17
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Raytheon | Raytheon segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
Net sales
RTX Corp., net sales by reportable segment
US$ in millions
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Otis | —) | —) | —) | —) | 13,113) |
| Carrier | —) | —) | —) | —) | 18,608) |
| Collins Aerospace | 26,253) | 20,597) | 18,449) | 19,288) | 26,028) |
| Pratt & Whitney | 18,296) | 20,530) | 18,150) | 16,799) | 20,892) |
| Raytheon | 26,350) | 29,175) | 30,719) | 22,501) | —) |
| Total segment | 70,899) | 70,302) | 67,318) | 58,588) | 78,641) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
Operating profit (loss)
RTX Corp., operating profit (loss) by reportable segment
US$ in millions
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Otis | —) | —) | —) | —) | 1,948) |
| Carrier | —) | —) | —) | —) | 2,697) |
| Collins Aerospace | 3,825) | 2,343) | 1,759) | 1,466) | 4,100) |
| Pratt & Whitney | (1,455) | 1,075) | 454) | (564) | 1,668) |
| Raytheon | 2,379) | 2,861) | 3,837) | 1,904) | —) |
| Total segment | 4,749) | 6,279) | 6,050) | 2,806) | 10,413) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
Total assets
RTX Corp., total assets by reportable segment
US$ in millions
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Otis | —) | —) | —) | —) | 9,973) |
| Carrier | —) | —) | —) | —) | 22,789) |
| Collins Aerospace | 72,085) | 67,030) | 67,564) | 68,701) | 74,049) |
| Pratt & Whitney | 40,723) | 36,205) | 33,414) | 32,780) | 31,271) |
| Raytheon | 44,929) | 49,026) | 50,311) | 50,910) | —) |
| Total segment | 157,737) | 152,261) | 151,289) | 152,391) | 138,082) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
Capital expenditures
RTX Corp., capital expenditures by reportable segment
US$ in millions
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Otis | —) | —) | —) | —) | 145) |
| Carrier | —) | —) | —) | —) | 243) |
| Collins Aerospace | 628) | 655) | 665) | 638) | 959) |
| Pratt & Whitney | 1,025) | 949) | 700) | 565) | 822) |
| Raytheon | 637) | 580) | 592) | 498) | —) |
| Total segment | 2,290) | 2,184) | 1,957) | 1,701) | 2,169) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
Depreciation & amortization
RTX Corp., depreciation & amortization by reportable segment
US$ in millions
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Otis | —) | —) | —) | —) | 337) |
| Carrier | —) | —) | —) | —) | 513) |
| Collins Aerospace | 724) | 742) | 728) | 736) | 1,749) |
| Pratt & Whitney | 736) | 724) | 642) | 729) | 980) |
| Raytheon | 544) | 542) | 520) | 382) | —) |
| Total segment | 2,004) | 2,008) | 1,890) | 1,847) | 3,579) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).