Raytheon 2012 Annual Report Download - page 36

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28
ITEM 6. SELECTED FINANCIAL DATA
The following selected consolidated financial data should be read in conjunction with the information contained in Item 7,
“Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the consolidated financial
statements and notes thereto included in Item 8 of this Form 10-K, which are incorporated herein by reference, in order to
understand the factors that may affect the comparability of the financial data presented below.
FIVE-YEAR STATISTICAL SUMMARY
(In millions, except per share amounts and total employees) 2012 2011 2010 2009 2008
Results of Operations
Total net sales $24,414 $24,791 $ 25,150 $ 24,843 $23,124
Operating income 2,989 2,830 2,613 3,055 2,644
Interest expense, net 192 158 114 115 74
Income from continuing operations 1,901 1,878 1,844 1,981 1,707
Income (loss) from discontinued operations, net of tax (1)18 35 (5)(11)
Net income 1,900 1,896 1,879 1,976 1,696
Net income attributable to Raytheon Company 1,888 1,866 1,840 1,935 1,672
Diluted earnings per share from continuing operations
attributable to Raytheon Company common stockholders $ 5.65 $ 5.22 $ 4.79 $ 4.91 $ 3.95
Diluted earnings per share attributable to Raytheon Company
common stockholders $ 5.65 $ 5.28 $ 4.88 $ 4.89 $ 3.92
Average diluted shares outstanding 334.2 353.6 377.0 395.7 426.5
Financial Position at Year-End
Cash and cash equivalents $ 3,188 $ 4,000 $ 3,638 $ 2,642 $ 2,259
Short-term investments 856 ————
Total current assets 9,246 9,309 8,822 7,868 7,417
Property, plant and equipment, net 1,986 2,006 2,003 2,001 2,024
Total assets 26,686 25,854 24,422 23,607 23,134
Total current liabilities 5,902 6,130 5,960 5,523 5,149
Long-term liabilities (excluding debt) 7,863 6,779 4,962 5,816 6,488
Long-term debt 4,731 4,605 3,610 2,329 2,309
Total debt 4,731 4,605 3,610 2,329 2,309
Total equity 8,190 8,340 9,890 9,939 9,188
Cash Flow and Other Information
Net cash provided by (used in) operating activities from
continuing operations $ 1,951 $ 2,102 $ 1,892 $ 2,699 $ 1,970
Net cash provided by (used in) investing activities from
continuing operations (1,523)(1,083)(535)(693)(423)
Net cash provided by (used in) financing activities (1,246)(694)(411)(1,650)(1,994)
Bookings 26,504 26,555 24,449 25,058 26,820
Total backlog 36,181 35,312 34,551 36,877 38,884
Dividends declared per share $ 2.00 $ 1.72 $ 1.50 $ 1.24 $ 1.12
Total employees from continuing operations 67,800 71,000 72,400 75,100 72,800