UNITED TECHNOLOGIES CORP /DE/ company info

CIK 101829
IRS Number 060570975
State of incorporation DE
Business address 10 FARM SPRINGS ROAD
None
FARMINGTON
CT
06032
Mail address 10 FARM SPRINGS ROAD
None
FARMINGTON
CT
06032

Short summary

UNITED TECHNOLOGIES CORP /DE/ is a Connecticut company, with head office located at 10 Farm Springs Road Farmington, Connecticut 06032. The company achieved a record breaking net income in 2015 - 7.61 billion USD. In 2018 the company owned a total of 137.38 billion USD worth of assets, including 35.40 billion USD worth of current assets. The company amassed the most assets last year, totalling up to 137.38 billion USD.

UNITED TECHNOLOGIES CORP /DE/ Income Statement

Name [in Millions USD]200120022003200420052006200720082009201020112012201320142015201620172018Trends
Revenue, Net 59,11952,42552,27555,75457,70862,62657,90056,09857,24459,837
Selling, General and Administrative Expense 5,4626,1096,7246,0365,7986,1616,4526,7186,1725,8865,9586,1837,066
Research and development 1,5291,6781,7711,5581,6561,9512,3712,5292,4752,2792,3762,3872,462
Operating Income (Loss) 6,0987,0507,5096,3776,8987,8467,6849,2099,7697,2918,2218,1388,553
Interest expense 6066666897058818241,0399091,038
Income Tax Expense (Benefit) 1,4941,8361,8831,5811,7252,1341,7111,9992,2642,1111,6972,8432,626
Net income 3,7324,2244,6893,8294,3734,9795,1305,7216,2207,6085,0554,5525,269

UNITED TECHNOLOGIES CORP /DE/ Balance Sheet

Name [in Millions USD]200120022003200420052006200720082009201020112012201320142015201620172018Trends
Cash and cash equivalents 2,2472,5462,9044,3274,9625,8186,7859,34511,0686,240
Inventories 9,0828,3408,0838,7958,50210,2329,89610,2958,7479,8608,97910,474
Deferred income taxes 1,5931,6241,5571,6771,5891,9961,9420
Property, Plant and Equipment, Gross 15,63815,07715,51916,36515,01218,00919,21819,96319,16520,30921,59724,351
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 9,0888,8989,42910,0369,2959,61010,19210,69710,25410,83411,48212,141
Goodwill 16,61915,75416,91418,30916,11627,83528,37827,93327,53527,58727,69948,392
Intangible Assets, Net (Excluding Goodwill) 3,8473,4563,8994,1414,89315,30115,71515,70615,84215,88115,73926,280
Other Assets, Noncurrent 7,0465,1594,3903,0403,8994,1565,1975,6767,0116,7846,4105,5037,0717,678
Total assets 28,06030,2542,70644,79149,16650,55758,48656,54558,34362,14774,65388,74492,14292,77389,48094,793101,569137,380
Current assets 24,77923,63624,40126,42939,14228,79029,64130,66927,97032,82936,55635,402
Accounts payable 4,5995,0575,6865,7526,6457,2977,1537,2428,5429,62310,364
Total current liabilities 20,50518,57118,76220,21419,79323,16424,33023,72922,18323,91925,06831,403
Long-term Debt 6,6157,0617,0458,01410,64310,12820,51121,46019,66519,67919,49923,30027,09344,068
Total liabilities 29,51729,88930,47735,61738,13937,11738,06050,69060,20156,80360,70158,51864,23268,09395,325
Retained Earnings (Accumulated Deficit) 23,41026,13328,56931,70134,28538,62942,34346,44351,45154,64057,02759,279
Accumulated Other Comprehensive Income (Loss), Net of Tax 746-5,275-4,238-2,896-5,675-6,000-2,403-6,577-7,484-7,964-7,684-9,519

UNITED TECHNOLOGIES CORP /DE/ Cash Flow

Name [in Millions USD]200120022003200420052006200720082009201020112012201320142015201620172018Trends
Net income 3,7324,2244,6893,8294,3734,9795,1305,7216,2207,6085,0554,5525,269
Depreciation and amortization 1,0331,1731,321
Depreciation 8658529008239201,0501,0431,0681,1051,1781,240
Amortization of Intangible Assets 347387398547710713722778834976
Depreciation and amortization 1,1731,3211,2581,3001,2631,5241,8211,8201,8631,9622,1402,433
Depreciation and amortization 1,2631,5241,7351,8201,8631,9622,1402,433
Deferred Income Tax Expense (Benefit) -214584545142533412026840366239862735
Inventories -789-1,111-562-6952593305394656367667191,074537
Net Cash Provided by (Used in) Operating Activities 4,8035,3306,1615,3535,7206,4606,6057,5057,336
Payments to Acquire Productive Assets 1,2168268389291,3891,6881,7111,6521,6992,0141,902
Payments to Acquire Businesses, Net of Cash Acquired 9112,0371,252703
Payments to Acquire Intangible Assets 722593437388380400
Net Cash Provided by (Used in) Investing Activities -1,261-3,182-2,336-1,104-3,150-672-18,795-1,464-2,305-2,794-2,509-3,019-16,973
Proceeds from Issuance of Long-term Debt 1,1091,0322,248372,3625910,89989981,7446,4694,95413,455
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 853534618725687654889598394281348
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 853534618725687654889598394281348
Proceeds from Stock Plans 41516334238622652237818741133136
Proceeds from Issuance of Common Stock 001,10000
Payments for Repurchase of Common Stock 2,0682,0013,1601,1002,2002,17501,2001,50010,0002,2541,453325
Payments of Ordinary Dividends, Common Stock 9511,0801,2101,3561,4821,6021,7521,9082,0482,1842,0692,0742,170
Net Cash Provided by (Used in) Financing Activities -3,342-1,955-2,238-4,191-3,153-3,9838,021-5,940-4,259-10,776-1,188-9937,965
Cash and Cash Equivalents, Period Increase (Decrease) 2993581,423122-3661,877-1,124-217616