RTX (RTX) 8-K Other Events

Exhibit 99.1

Five Year Summary

IN MILLIONS OF DOLLARS, EXCEPT PER SHARE AMOUNTS	2004			2003			2002			2001			2000
For the year
Revenues	$	37,445		$	31,034		$	28,212		$	27,897		$	26,583
Research and development		1,267			1,040			1,203			1,264			1,309
Net income		2,673			2,236			2,118			1,836			1,734
Earnings per share:
Basic:
Net earnings		5.39			4.67			4.42			3.84			3.62
Net earnings adjusted for SFAS No. 142											4.29			4.02
Diluted:
Net earnings		5.29			4.44			4.19			3.64			3.41
Net earnings adjusted for SFAS No. 142											4.05			3.78
Cash dividends per common share		1.40			1.14			.98			.90			.825
Average number of shares of Common Stock outstanding:
Basic		496.4			473.8			472.4			470.2			470.1
Diluted		505.4			502.9			505.6			505.4			508.0
Cash flow from operations		3,596			2,827			2,829			2,917			2,569
Voluntary pension contributions(1)		906			994			530
Capital expenditures		795			530			586			793			937
Acquisitions, including debt assumed		1,295			2,305			424			525			1,340
Share repurchase		992			401			700			599			800
Dividends on Common Stock(3)		660			533			462			423			387
At year end
Working capital	$	2,575		$	2,069		$	4,050		$	3,094		$	1,864
Total assets		40,293			35,520			29,986			27,717			25,962
Long-term debt, including current portion		4,271			4,632			4,676			4,371			3,772
Total debt		5,591			5,301			4,873			4,959			4,811
Debt to total capitalization		28	%		31	%		36	%		37	%		38	%
ESOP Preferred Stock, net(2)								428			429			432
Shareowners’ equity		14,266			11,953			8,557			8,515			7,763
Number of employees		209,700			203,300			155,000			152,000			153,800

Note: During 2003, UTC acquired Chubb plc, which is reported as a separate segment.

⁽¹⁾ Represents cash contributions, in addition, during 2002 and 2001, UTC contributed Treasury Stock of $253 million and $247 million, respectively, to its domestic defined benefit pension plans.

⁽²⁾ During 2003, UTC converted all of its outstanding shares of ESOP Preferred Stock into Common Stock.

⁽³⁾ Excludes dividends paid on ESOP stock.

Certain reclassifications have been made to prior year amounts to conform to the current year presentation.