Stock Analysis on Net

RTX Corp. (NYSE:RTX)

Balance Sheet: Liabilities and Stockholders’ Equity

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company 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.

RTX Corp., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Short-term borrowings 183 189 625 134 247
Accounts payable 12,897 10,698 9,896 8,751 8,639
Accrued employee compensation 2,620 2,491 2,401 2,658 3,006
Other accrued liabilities 14,831 14,917 10,999 10,162 10,517
Contract liabilities 18,616 17,183 14,598 13,720 12,889
Long-term debt currently due 2,352 1,283 595 24 550
Current liabilities 51,499 46,761 39,114 35,449 35,848
Long-term debt, excluding currently due 38,726 42,355 30,694 31,327 31,026
Operating lease liabilities, non-current 1,632 1,412 1,586 1,657 1,516
Future pension and postretirement benefit obligations 2,104 2,385 4,807 7,855 10,342
Other long-term liabilities 6,942 7,511 8,449 10,417 9,537
Long-term liabilities 49,404 53,663 45,536 51,256 52,421
Total liabilities 100,903 100,424 84,650 86,705 88,269
Redeemable noncontrolling interest 35 35 36 35 32
Preferred stock, $1 par value; none issued or outstanding
Common stock, $1 par value 37,434 37,055 37,939 37,483 36,930
Treasury stock, common shares at average cost (27,112) (26,977) (15,530) (12,727) (10,407)
Retained earnings 53,589 52,154 52,269 50,265 49,423
Unearned ESOP shares (15) (28) (38) (49)
Accumulated other comprehensive loss (3,755) (2,419) (2,018) (1,915) (3,734)
Shareowners’ equity 60,156 59,798 72,632 73,068 72,163
Noncontrolling interest 1,767 1,612 1,546 1,596 1,689
Total equity 61,923 61,410 74,178 74,664 73,852
Total liabilities, redeemable noncontrolling interest, and equity 162,861 161,869 158,864 161,404 162,153

Based on: 10-K (reporting date: 2024-12-31), 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).

Balance sheet 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. RTX Corp. current liabilities increased from 2022 to 2023 and from 2023 to 2024.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. RTX Corp. long-term liabilities increased from 2022 to 2023 but then slightly decreased from 2023 to 2024 not reaching 2022 level.
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. RTX Corp. total liabilities increased from 2022 to 2023 and from 2023 to 2024.
Shareowners’ 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 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. RTX Corp. shareowners’ equity decreased from 2022 to 2023 but then slightly increased from 2023 to 2024.