Income StatementBalance SheetCash FlowSegments
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Raytheon Technologies Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Raytheon Technologies holds $170.43B in total assets. Shareholders' equity is $68.0B against $39.2B in total debt. Cash and equivalents total $6.9B. The current ratio is 1.02 and debt-to-equity is 0.576. Based on the Q1 2026 filing.

Total Assets$170.43BTotal Stockholders Equity$68.0BLong Term Debt$37.2BCash And Equivalents$6.9BTotal Current Assets$60.0BTotal Current Liabilities$58.6B
Latest FilingQ1 2026
Report Date2026-04-21
Market Cap$236.95B
P/E Ratio32.66
ROE11.05%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$12.9B$13.4B$13.4B$14.6B$15.9B$16.0B
Compensation and benefits————$3.3B$2.0B
Current portion of long-term debt$2.3B$0.0$1.4B$0.0$3.4B$226.0M
Deferred revenue$30.2B$217.0B$236.0B$251.0B$268.0B$21.9B
Short-term borrowings$183.0M$212.0M$1.6B$215.0M$204.0M$226.0M
Total current liabilities$51.5B$52.6B$54.3B$53.2B$58.8B$58.6B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$11.0B$11.4B$12.4B$12.8B$14.7B$12.9B
Cash and cash equivalents$5.6B$5.2B$4.8B$6.0B$7.5B$6.9B
Contract assets$14.6B$15.2B$15.7B$16.6B$17.1B$18.1B
Finished goods————$4.1B$4.2B
Short- term Investments————$750.0M$694.0M
Other current assets————$7.7B$8.0B
Derivative assets$187.0M———$265.0M$303.0M
Raw materials$4.2B$4.5B$4.6B$4.6B$4.7B$5.0B
Work in process$4.5B$4.9B$4.8B$4.8B$4.6B$4.9B
Inventories$12.8B$13.6B$14.0B$13.8B$13.4B$14.2B
Restricted cash$28.0M$36.0M$45.0M$38.0M$35.0M$53.0M
Short-term investments$786.0M$682.0M$679.0M$713.0M$750.0M$694.0M
Total current assets$51.1B$52.9B$54.7B$57.1B$60.3B$60.0B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accumulated other comprehensive income (loss)-$127.0M-$3.2B-$2.4B-$2.4B-$2.7B-$2.9B
Common Stock Par Value Per Share$1.00———$1.00—
Common Stock Shares Issued1.7B———1.7B—
Convertible Preferred Stock Authorized Shares250M———250M—
Convertible Preferred Stock Issued Shares0———0—
Convertible Preferred Stock Outstanding Shares0———0—
Common stock————$38.1B$38.2B
Treasury Stock, Value————$26.9B$26.8B
ESOP Allocated Shares23M—————
Preferred stock$0.0———$0.0—
Preferred Stock Par Value Per Share$1.00———$1.00—
Redeemable noncontrolling interests$35.0M$37.0M$41.0M$34.0M$36.0M$37.0M
Retained earnings$53.6B$54.3B$54.1B$56.0B$56.7B$57.9B
Share-Based Payment - Unrecognized Cost of Nonvested Awards$300.0M———$340.0M—
Shares Reserved for Future Issuance Under Stock Plans116M———101M—
Total liabilities and stockholders' equity$162.9B$164.9B$167.1B$168.7B$171.1B$170.4B
Total stockholders' equity$61.9B$63.3B$64.2B$66.4B$67.1B$68.0B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Debt Maturity - 2027$922.0M———$1.6B—
Debt Maturity - Thereafter$27.0B———$25.4B—
Deferred tax liabilities$627.0M———$629.0M—
Long-term debt$41.1B$41.1B$40.3B$38.8B$37.7B$37.2B
Retirement and nonpension postretirement benefit obligations————$2.1B$2.0B
Operating lease liabilities, non-current$1.6B$1.6B$1.6B$1.7B$1.6B$1.5B
Other non-current liabilities$6.9B$6.9B$6.6B$7.2B$7.2B$7.3B
Total liabilities$100.9B$101.5B$102.9B$102.3B$103.9B$102.4B
Unrecognized Tax Benefits$1.3B———$1.2B—
Unrecognized Tax Benefits - Impacting Effective Tax Rate$1.3B———$1.2B—

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred Tax Assets - Tax Credit Carryforwards$800.0M———$963.0M—
Goodwill$52.8B$53.0B$53.3B$53.3B$53.3B$53.3B
Net Operating Loss Carryforwards$5.5B———$1.1B—
Other intangible assets—net————$31.8B$31.5B
Long-term financing receivables (net of allowances of $27 in 2026 and $34 in 2025)————$2.1B$2.0B
Operating lease right-of-use assets————$1.9B$1.8B
Other non-current assets————$4.7B$5.0B
Property, plant and equipment at cost————$35.3B$35.7B
Accumulated depreciation$16.7B$16.0B$16.3B$16.8B$18.5B$18.8B
Buildings and improvements$8.6B———$9.2B—
Construction in progress$3.7B———$3.9B—
Land$695.0M———$710.0M—
Machinery and equipment$19.7B———$21.6B—
Property and equipment, net$16.1B$16.1B$16.2B$16.3B$16.9B$16.8B
Tax Credit Carryforward Valuation Allowance$1.4B———$1.4B—
Total assets$162.9B$164.9B$167.1B$168.7B$171.1B$170.4B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Line of Credit Remaining Borrowing Capacity$700.0M———$600.0M—
Accounts receivable————$15.0B$13.3B
Accounts Receivable, after Allowance for Credit Loss————$14.7B$12.9B
Accrual for Environmental Loss Contingencies————$800.0M$800.0M
Accounts Receivable, Allowance for Credit Loss————$340.0M$348.0M
Collaborators interests existing programs high end0.49———0.49—
Collaborators interests existing programs low end0.13———0.13—
Commercial paper borrowings outstanding————$0.0$0.0
Contract with Customer, Asset, Allowance for Credit Loss, Current————$676.0M$397.0M
Revenue recognized in advance of customer billings$30.2B———$35.0B—
Contract assets————$17.8B$18.5B
Contracts with Customer, Asset and Liabilities, Net————-$4.5B-$3.9B
Long-term debt, gross————$37.8B$37.3B
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net————$77.0M$80.0M
Powder Metal Matter$455.0M———$226.0M—
Future pension and postretirement benefit obligations————$2.1B$2.0B
Salary scale, pension benefit obligation0.04———0.04—
Derivative Liability————$265.0M$311.0M
Notional————$26.0B$26.0B
Financing and other contractual commitments————$13.0B$13.0B
Finite-Lived Intangible Assets, Accumulated Amortization————$17.4B$17.9B
2028—————$1.8B
2030—————$1.6B
2031—————$1.5B
Remainder of 2026—————$1.5B
2027—————$1.9B
2029—————$1.6B
Gross Carrying Amount————$40.7B$40.9B
Trademarks————$8.5B$8.5B
Indefinite- lived intangible impairment————$49.2B$49.3B
Long-Term Debt and Lease Obligation————$34.3B$33.0B
Less: current maturities————$3.4B$4.2B
Noncontrolling interests in subsidiaries————$1.9B$1.7B
Other accrued liabilities————$14.4B$14.2B
Other (including finance leases)————$146.0M$143.0M
Partner share individual program maximum0.25———0.25—
Current pension and PRB liabilities (included in Accrued employee compensation)————$228.0M$227.0M
Standard and Extended Product Warranty Accrual$993.0M$1.0B——$1.0B$1.0B
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied—————$271.0B
RPO percentage—————0.25
Tax Loss and Other Carryforwards————$5.9B—