Delaware
|
52-2314475
|
(State
or other jurisdiction
|
(I.R.S.
Employer
|
of
incorporation or organization)
|
Identification
No.)
|
400
Collins Road NE
|
52498
|
Cedar
Rapids, Iowa
|
(Zip
Code)
|
(Address
of principal executive offices)
|
Yes
x
No
o
|
Yes
o No
x
|
|||
Page
No.
|
||||
FINANCIAL INFORMATION: | ||||
Item
1.
|
Condensed
Consolidated Financial Statements:
|
|||
Condensed
Consolidated Statement of Financial Position (Unaudited) —
|
||||
December
31, 2007 and September 30, 2007
|
2
|
|||
Condensed
Consolidated Statement of Operations (Unaudited) —
|
||||
Three
Months Ended December 31, 2007 and 2006
|
3
|
|||
Condensed
Consolidated Statement of Cash Flows (Unaudited) —
|
||||
Three
Months Ended December 31, 2007 and 2006
|
4
|
|||
Notes
to Condensed Consolidated Financial Statements (Unaudited)
|
5
|
|||
Item
2.
|
Management's
Discussion and Analysis of
|
|||
Financial
Condition and Results of Operations
|
17
|
|||
Item
3.
|
Quantitative
and Qualitative Disclosures about Market Risk
|
23
|
||
Item
4.
|
Controls
and Procedures
|
24
|
||
PART
II.
|
OTHER INFORMATION: | |||
Item
2.
|
Unregistered
Sales of Equity Securities and Use of Proceeds
|
25
|
||
Item
6.
|
Exhibits
|
26
|
||
Signatures |
27
|
December
31,
|
|
September
30,
|
|
||||
|
|
2007
|
|
2007
|
|||
ASSETS
|
|||||||
Current
Assets:
|
|||||||
Cash
and cash equivalents
|
$
|
171
|
$
|
231
|
|||
Receivables
|
858
|
883
|
|||||
Inventories
|
922
|
823
|
|||||
Current
deferred income taxes
|
184
|
176
|
|||||
Other
current assets
|
66
|
56
|
|||||
Total
current assets
|
2,201
|
2,169
|
|||||
Property
|
608
|
607
|
|||||
Intangible
Assets
|
157
|
147
|
|||||
Goodwill
|
545
|
544
|
|||||
Prepaid
Pension Asset
|
88
|
88
|
|||||
Other
Assets
|
249
|
195
|
|||||
TOTAL
ASSETS
|
$
|
3,848
|
$
|
3,750
|
|||
LIABILITIES
AND SHAREOWNERS' EQUITY
|
|||||||
Current
Liabilities:
|
|||||||
Short-term
debt
|
$
|
190
|
$
|
-
|
|||
Accounts
payable
|
357
|
395
|
|||||
Compensation
and benefits
|
215
|
305
|
|||||
Advance
payments from customers
|
326
|
304
|
|||||
Product
warranty costs
|
216
|
213
|
|||||
Income
taxes payable
|
80
|
29
|
|||||
Other
current liabilities
|
192
|
213
|
|||||
Total
current liabilities
|
1,576
|
1,459
|
|||||
Long-term
Debt
|
228
|
223
|
|||||
Retirement
Benefits
|
349
|
359
|
|||||
Other
Liabilities
|
191
|
136
|
|||||
Shareowners'
Equity:
|
|||||||
Common
stock ($0.01 par value; shares authorized: 1,000;
|
|||||||
shares
issued: 183.8)
|
2
|
2
|
|||||
Additional
paid-in capital
|
1,359
|
1,353
|
|||||
Retained
earnings
|
1,652
|
1,533
|
|||||
Accumulated
other comprehensive loss
|
(331
|
)
|
(336
|
)
|
|||
Common
stock in treasury, at cost (shares held: December 31, 2007,
20.6;
|
|||||||
September
30, 2007, 18.0)
|
(1,178
|
)
|
(979
|
)
|
|||
Total
shareowners' equity
|
1,504
|
1,573
|
|||||
TOTAL
LIABILITIES AND SHAREOWNERS’ EQUITY
|
$
|
3,848
|
$
|
3,750
|
Three
Months Ended
|
|
||||||
|
|
December
31
|
|
||||
|
|
2007
|
|
2006
|
|||
Sales:
|
|||||||
Product
sales
|
$
|
1,010
|
$
|
897
|
|||
Service
sales
|
102
|
96
|
|||||
Total
sales
|
1,112
|
993
|
|||||
Costs,
expenses and other:
|
|||||||
Product
cost of sales
|
701
|
625
|
|||||
Service
cost of sales
|
68
|
65
|
|||||
Selling,
general and administrative expenses
|
111
|
109
|
|||||
Interest
expense
|
5
|
4
|
|||||
Other
income, net
|
(5
|
)
|
(5
|
)
|
|||
Total
costs, expenses and other
|
880
|
798
|
|||||
Income
before income taxes
|
232
|
195
|
|||||
Income
tax provision
|
78
|
52
|
|||||
Net
income
|
$
|
154
|
$
|
143
|
|||
Earnings
per share:
|
|||||||
Basic
|
$
|
0.95
|
$
|
0.85
|
|||
Diluted
|
$
|
0.93
|
$
|
0.84
|
|||
Weighted
average common shares:
|
|||||||
Basic
|
162.9
|
167.4
|
|||||
Diluted
|
165.3
|
170.1
|
|||||
Cash
dividends per share
|
$
|
0.16
|
$
|
0.16
|
Three
Months Ended
|
|||||||
December
31
|
|||||||
2007
|
|
2006
|
|||||
Operating
Activities:
|
|||||||
Net
income
|
$
|
154
|
$
|
143
|
|||
Adjustments
to arrive at cash provided by operating activities:
|
|||||||
Depreciation
|
25
|
23
|
|||||
Amortization
of intangible assets
|
6
|
6
|
|||||
Stock-based
compensation
|
5
|
4
|
|||||
Compensation
and benefits paid in common stock
|
13
|
13
|
|||||
Tax
benefit from the exercise of stock options
|
4
|
9
|
|||||
Excess
tax benefit from stock-based compensation
|
(4
|
)
|
(9
|
)
|
|||
Deferred
income taxes
|
(1
|
)
|
4
|
||||
Pension
plan contributions
|
(2
|
)
|
(2
|
)
|
|||
Changes
in assets and liabilities, excluding effects of
acquisitions
|
|||||||
and
foreign currency adjustments:
|
|||||||
Receivables
|
23
|
40
|
|||||
Inventories
|
(107
|
)
|
(69
|
)
|
|||
Accounts
payable
|
(16
|
)
|
(37
|
)
|
|||
Advance
payments from customers
|
22
|
29
|
|||||
Compensation
and benefits
|
(90
|
)
|
(53
|
)
|
|||
Income
taxes
|
51
|
(1
|
)
|
||||
Other
assets and liabilities
|
(51
|
)
|
(19
|
)
|
|||
Cash
Provided by Operating Activities
|
32
|
81
|
|||||
Investing
Activities:
|
|||||||
Property
additions
|
(43
|
)
|
(28
|
)
|
|||
Acquisition
of intangible assets
|
(2
|
)
|
(2
|
)
|
|||
Other
investing
|
(1
|
)
|
-
|
||||
Proceeds
from settlement of discontinued license agreement
|
-
|
14
|
|||||
Cash
Used for Investing Activities
|
(46
|
)
|
(16
|
)
|
|||
Financing
Activities:
|
|||||||
Purchases
of treasury stock
|
(224
|
)
|
-
|
||||
Cash
dividends
|
(26
|
)
|
(27
|
)
|
|||
Increase
in short-term borrowings
|
190
|
-
|
|||||
Proceeds
from exercise of stock options
|
6
|
22
|
|||||
Excess
tax benefit from stock-based compensation
|
4
|
9
|
|||||
Payments
on long-term debt
|
-
|
(12
|
)
|
||||
Cash
Used for Financing Activities
|
(50
|
)
|
(8
|
)
|
|||
Effect
of exchange rate changes on cash and cash equivalents
|
4
|
6
|
|||||
Net
Change in Cash and Cash Equivalents
|
(60
|
)
|
63
|
||||
Cash
and Cash Equivalents at Beginning of Period
|
231
|
144
|
|||||
Cash
and Cash Equivalents at End of Period
|
$
|
171
|
$
|
207
|
1.
|
Business
Description and Basis of
Presentation
|
2.
|
New
Accounting Standards
|
3.
|
Acquisitions
|
4.
|
Receivables
|
December
31,
|
|
September
30,
|
|
||||
|
|
2007
|
|
2007
|
|||
Billed
|
$
|
686
|
$
|
715
|
|||
Unbilled
|
203
|
207
|
|||||
Less
progress payments
|
(23
|
)
|
(30
|
)
|
|||
Total
|
866
|
892
|
|||||
Less
allowance for doubtful accounts
|
(8
|
)
|
(9
|
)
|
|||
Receivables
|
$
|
858
|
$
|
883
|
5.
|
Inventories |
December
31,
2007
|
|
September
30,
2007
|
|||||
Finished
goods
|
$
|
183
|
$
|
187
|
|||
Work
in process
|
404
|
362
|
|||||
Raw
materials, parts, and supplies
|
387
|
371
|
|||||
Total
|
974
|
920
|
|||||
Less
progress payments
|
(52
|
)
|
(97
|
)
|
|||
Inventories
|
$
|
922
|
$
|
823
|
6.
|
Property
|
December
31, 2007
|
|
September
30, 2007
|
|||||
Land
|
$
|
31
|
$
|
31
|
|||
Buildings
and improvements
|
310
|
307
|
|||||
Machinery
and equipment
|
785
|
769
|
|||||
Information
systems software and hardware
|
227
|
224
|
|||||
Furniture
and fixtures
|
54
|
52
|
|||||
Construction
in progress
|
70
|
72
|
|||||
Total
|
1,477
|
1,455
|
|||||
Less
accumulated depreciation
|
(869
|
)
|
(848
|
)
|
|||
Property
|
$
|
608
|
$
|
607
|
7. |
Goodwill
and
Intangible Assets
|
Government
Systems
|
|
Commercial
Systems
|
|
Total
|
||||||
Balance
at September 30, 2007
|
$
|
353
|
$
|
191
|
$
|
544
|
||||
Foreign
currency translation adjustment
|
1
|
-
|
1
|
|||||||
Balance
at December 31, 2007
|
$
|
354
|
$
|
191
|
$
|
545
|
December
31, 2007
|
|
September
30, 2007
|
|
||||||||||||||||
|
|
|
|
Accum
|
|
|
|
|
|
Accum
|
|
|
|
||||||
|
|
Gross
|
|
Amort
|
|
Net
|
|
Gross
|
|
Amort
|
|
Net
|
|||||||
Intangible
assets with finite lives:
|
|||||||||||||||||||
Developed
technology and patents
|
$
|
156
|
$
|
(76
|
)
|
$
|
80
|
$
|
156
|
$
|
(72
|
)
|
$
|
84
|
|||||
License
agreements
|
18
|
(3
|
)
|
15
|
11
|
(3
|
)
|
8
|
|||||||||||
Customer
relationships
|
76
|
(20
|
)
|
56
|
67
|
(19
|
)
|
48
|
|||||||||||
Trademarks
and tradenames
|
12
|
(8
|
)
|
4
|
12
|
(7
|
)
|
5
|
|||||||||||
Intangible
assets with indefinite lives:
|
|||||||||||||||||||
Trademarks
and tradenames
|
2
|
-
|
2
|
2
|
-
|
2
|
|||||||||||||
Intangible
assets
|
$
|
264
|
$
|
(107
|
)
|
$
|
157
|
$
|
248
|
$
|
(101
|
)
|
$
|
147
|
8.
|
Other
Assets
|
|
December
31,
2007
|
|
September
30,
2007
|
||||
Long-term
receivables
|
$
|
76
|
$
|
73
|
|||
Long-term
deferred income taxes
|
43
|
1
|
|||||
Investments
in equity affiliates
|
13
|
10
|
|||||
Exchange
and rental assets, net of accumulated depreciation of $95
at
|
|||||||
December
31, 2007 and $95 at September 30, 2007
|
38
|
37
|
|||||
Other
|
79
|
74
|
|||||
Other
assets
|
$
|
249
|
$
|
195
|
9.
|
Other
Current Liabilities
|
December
31,
2007
|
|
September
30,
2007
|
|||||
Customer
incentives
|
$
|
106
|
$
|
117
|
|||
Contract
reserves
|
18
|
18
|
|||||
Other
|
68
|
78
|
|||||
Other
current liabilities
|
$
|
192
|
$
|
213
|
10.
|
Debt
|
December
31,
2007
|
|
September
30,
2007
|
|||||
Principal
amount of notes due December 1, 2013
|
$
|
200
|
$
|
200
|
|||
Principal
amount of variable rate loan facility due June 2011
|
26
|
24
|
|||||
Fair
value swap adjustment
|
2
|
(1
|
)
|
||||
Long-term
debt
|
$
|
228
|
$
|
223
|
11.
|
Retirement Benefits |
Pension
Benefits
Three
Months Ended
December
31
|
|
Other
Retirement Benefits
Three
Months Ended
December
31
|
|
||||||||||
|
|
2007
|
|
2006
|
|
2007
|
|
2006
|
|||||
Service
cost
|
$
|
2
|
$
|
2
|
$
|
1
|
$
|
1
|
|||||
Interest
cost
|
40
|
37
|
4
|
4
|
|||||||||
Expected
return on plan assets
|
(50
|
)
|
(46
|
)
|
-
|
-
|
|||||||
Amortization:
|
|||||||||||||
Prior
service cost
|
(5
|
)
|
(4
|
)
|
(9
|
)
|
(10
|
)
|
|||||
Net
actuarial loss
|
12
|
14
|
3
|
4
|
|||||||||
Net
benefit expense (income)
|
$
|
(1
|
)
|
$
|
3
|
$
|
(1
|
)
|
$
|
(1
|
)
|
12.
|
Stock-Based
Compensation
|
Three
Months Ended
December
31
|
|
||||||
|
|
2007
|
|
2006
|
|||
Stock-based
compensation expense included in:
|
|||||||
Product
cost of sales
|
$
|
1
|
$
|
1
|
|||
Service
cost of sales
|
1
|
-
|
|||||
Selling,
general and administrative expenses
|
3
|
3
|
|||||
Income
before income taxes
|
$
|
5
|
$
|
4
|
|||
Net
income
|
$
|
3
|
$
|
3
|
|||
Basic
and diluted earnings per share
|
$
|
0.02
|
$
|
0.02
|
Options
|
|
Performance
Shares
|
|
Restricted
Stock
|
|
Restricted
Stock
Units
|
|||||||||||||||||||
|
|
Number
Issued
|
|
Weighted
Average
Fair
Value
|
|
Number
Issued
|
|
Weighted
Average
Fair
Value
|
|
Number
Issued
|
|
Weighted
Average
Fair
Value
|
|
Number
Issued
|
|
Weighted
Average
Fair
Value
|
|
||||||||
Three
months ended
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
December
31, 2007
|
339,290
|
$
|
23.60
|
107,484
|
(a)
|
$
|
74.05
|
38,900
|
$
|
74.05
|
6,972
|
$
|
74.31
|
||||||||||||
Three
months ended
|
|||||||||||||||||||||||||
December
31, 2006
|
437,000
|
$
|
16.57
|
61,763
|
(b)
|
$
|
57.92
|
39,260
|
$
|
57.92
|
5,494
|
$
|
56.98
|
2008
|
|
2007
|
|
||||
|
|
Grants
|
|
Grants
|
|
||
Risk-free
interest rate (U.S. Treasury zero coupon issues)
|
|
|
3.92
|
%
|
4.55
|
%
|
|
Expected
dividend yield
|
0.98
|
%
|
1.09
|
%
|
|||
Expected
volatility
|
0.30
|
0.28
|
|||||
Expected
life
|
6
years
|
5
years
|
During
the three months ended December 31, 2007 and 2006, 0.2 million and
0.2
million shares, respectively, of Company common stock were issued
to
employees under the Company’s employee stock purchase and defined
contribution savings plans at a value of $13 million for each
period.
|
13.
|
Comprehensive
Income
|
Three
Months Ended December
31
|
|
||||||
|
|
2007
|
|
2006
|
|||
Net
income
|
$
|
154
|
$
|
143
|
|||
Unrealized
foreign currency translation adjustment
|
3
|
6
|
|||||
Foreign
currency cash flow hedge adjustment
|
1
|
(1
|
)
|
||||
Amortization
of defined benefit plan costs
|
1
|
-
|
|||||
Minimum
pension liability adjustment
|
-
|
(47
|
)
|
||||
Comprehensive
income
|
$
|
159
|
$
|
101
|
14.
|
Other
Income, Net
|
Three
Months
Ended December
31
|
|||||||
2007
|
2006
|
||||||
Earnings
from equity affiliates
|
$
|
3
|
$
|
3
|
|||
Interest
income
|
2
|
2
|
|||||
Royalty
income
|
2
|
2
|
|||||
Other
|
(2
|
)
|
(2
|
)
|
|||
Other
income, net
|
$
|
5
|
$
|
5
|
15.
|
Income
Taxes
|
16.
|
Financial
Instruments
|
Asset
(Liability)
|
|
||||||||||||
|
|
|
December
31, 2007
|
|
|
September
30, 2007
|
|
||||||
|
|
|
Carrying
Amount
|
|
|
Fair
Value
|
|
|
Carrying
Amount
|
|
|
Fair
Value
|
|
Cash
and cash equivalents
|
$
|
171
|
$
|
171
|
$
|
231
|
$
|
231
|
|||||
Deferred
compensation plan investments
|
42
|
42
|
39
|
39
|
|||||||||
Short-term
debt
|
(190
|
)
|
(190
|
)
|
-
|
-
|
|||||||
Long-term
debt
|
(228
|
)
|
(226
|
)
|
(223
|
)
|
(216
|
)
|
|||||
Interest
rate swaps
|
2
|
2
|
(1
|
)
|
(1
|
)
|
|||||||
Foreign
currency forward exchange contracts
|
(5
|
)
|
(5
|
)
|
(5
|
)
|
(5
|
)
|
17.
|
Guarantees and Indemnifications |
Three
Months Ended
December
31
|
|
||||||
|
|
|
2007
|
|
|
2006
|
|
Balance
at beginning of year
|
$
|
213
|
$
|
189
|
|||
Warranty
costs incurred
|
(13
|
)
|
(12
|
)
|
|||
Product
warranty accrual
|
16
|
18
|
|||||
Reclassifications
|
-
|
7
|
|||||
Pre-existing
warranty adjustments
|
-
|
1
|
|||||
Balance
at December 31
|
$
|
216
|
$
|
203
|
18.
|
Environmental
Matters
|
19.
|
Legal
Matters
|
20.
|
Business
Segment Information
|
The
sales and results of operations of the Company’s operating segments are
summarized as follows (in
millions):
|
Three
Months Ended
December
31
|
|
||||||
|
|
2007
|
|
2006
|
|||
Sales:
|
|||||||
Commercial
Systems
|
$
|
565
|
$
|
492
|
|||
Government
Systems
|
547
|
501
|
|||||
Total
sales
|
$
|
1,112
|
$
|
993
|
|||
Segment
operating earnings:
|
|||||||
Commercial
Systems
|
$
|
137
|
$
|
114
|
|||
Government
Systems
|
115
|
102
|
|||||
Total
segment operating earnings
|
252
|
216
|
|||||
Interest
expense
|
(5
|
)
|
(4
|
)
|
|||
Stock-based
compensation
|
(5
|
)
|
(4
|
)
|
|||
General
corporate, net
|
(10
|
)
|
(13
|
)
|
|||
Income
before income taxes
|
232
|
195
|
|||||
Income
tax provision
|
78
|
52
|
|||||
Net
income
|
$
|
154
|
$
|
143
|
Three
Months Ended
December
31
|
|||||||
2007
|
2006
|
||||||
Commercial
Systems product categories:
|
|||||||
Air
transport aviation electronics
|
$
|
301
|
$
|
250
|
|||
Business
and regional aviation electronics
|
264
|
242
|
|||||
Total
Commercial Systems sales
|
$
|
565
|
$
|
492
|
|||
Government
Systems product categories:
|
|||||||
Airborne
solutions
|
$
|
375
|
$
|
357
|
|||
Surface
solutions
|
172
|
144
|
|||||
Total
Government Systems sales
|
$
|
547
|
$
|
501
|
(dollars
in millions)
|
Three
Months Ended
|
|
|||||
|
|
December
31
|
|
||||
|
|
2007
|
|
2006
|
|||
Total
sales
|
$
|
1,112
|
$
|
993
|
|||
Percent
increase
|
12
|
%
|
Three
Months Ended
December
31
|
|||||||
2007
|
|
2006
|
|||||
Net
income
|
$
|
154
|
$
|
143
|
|||
Net
income as a percent of sales
|
13.8
|
%
|
14.4
|
%
|
|||
Diluted
earnings per share
|
$
|
0.93
|
$
|
0.84
|
(dollars
in millions)
|
|||||||
|
Three
Months Ended
December
30
|
|
|||||
|
|
2007
|
|
2006
|
|||
Air
transport aviation electronics
|
$
|
301
|
$
|
250
|
|||
Business
and regional aviation electronics
|
264
|
242
|
|||||
Total
|
$
|
565
|
$
|
492
|
|||
Percent
increase
|
15
|
%
|
Three
Months Ended
December
31
|
|
||||||
|
|
2007
|
|
2006
|
|||
Original
equipment
|
$
|
292
|
$
|
237
|
|||
Aftermarket
|
273
|
255
|
|||||
Total
|
$
|
565
|
$
|
492
|
(dollars
in millions)
|
|
||||||
Three
Months Ended
December
31
|
|
||||||
|
|
2007
|
|
2006
|
|||
Segment
operating earnings
|
$
|
137
|
$
|
114
|
|||
Percent
of sales
|
24.2
|
%
|
23.2
|
%
|
Three
Months Ended
December
30
|
|
||||||
|
|
2007
|
|
2006
|
|||
Airborne
solutions
|
$
|
375
|
$
|
357
|
|||
Surface
solutions
|
172
|
144
|
|||||
Total
|
$
|
547
|
$
|
501
|
|||
Percent
increase
|
9
|
%
|
Three
Months Ended
December
31
|
|||||||
2007
|
|
|
2006
|
||||
Segment
operating earnings
|
$
|
115
|
$
|
102
|
|||
Percent
of sales
|
21.0
|
%
|
20.4
|
%
|
Three
Months Ended
December
31
|
|||||||
2007
|
2006
|
||||||
Pension
benefits
|
$
|
(1
|
)
|
$
|
3
|
||
Other
retirement benefits
|
(1
|
)
|
(1
|
)
|
|||
Net
benefit expense (income)
|
$
|
(2
|
)
|
$
|
2
|
·
|
Total
sales of about $4.75 billion.
|
·
|
Earnings
per share in the range of $3.85 to $4.00.
|
·
|
Cash
flow from operations in the range of $675 million to $725
million.
|
·
|
Research
and development expenditures in the range of $925 million to $950
million.
|
(in
millions)
|
|
||||||
|
Three
Months Ended
|
|
|||||
|
|
December
31
|
|
||||
|
|
2007
|
|
2006
|
|||
Cash
provided by operating activities
|
$
|
32
|
$
|
81
|
(in
millions)
|
|
||||||
Three
Months Ended
|
|
||||||
|
|
December
31
|
|
||||
|
|
2007
|
|
2006
|
|||
Cash
used for investing activities
|
$
|
(46
|
)
|
$
|
(16
|
)
|
(in
millions)
|
|||||||
Three
Months Ended
December
31
|
|
||||||
|
|
2007
|
|
2006
|
|||
Cash
used for financing activities
|
$
|
(50
|
)
|
$
|
(8
|
)
|
·
|
In
the current period we received $6 million from the exercise of stock
options compared to $22 million for the same period last year.
|
·
|
We
paid cash dividends of $26 million during the three months ended
December
31, 2007 compared to $27 million for the same period last year.
|
·
|
We
repaid $12 million of long-term debt during the three months ended
December 31, 2006.
|
·
|
We
received a $4 million excess tax benefit from the exercise of stock
options for the three months ended December 31, 2007 compared to
$9
million for the same period last year.
|
Period
|
Total
Number of Shares Purchased
|
Average
Price Paid per Share
|
Total
Number of Shares Purchased as Part of Publicly Announced Plans
or
Programs
|
Maximum
Number (or Appropriate Dollar Value) of Shares that May Yet Be
Purchased
Under the Plans or Programs 1
|
|||||||||
October
1, 2007 through October 31, 2007
|
3,000,000
|
$
|
74.77
|
3,000,000
|
$
|
16
million
|
|||||||
November
1, 2007 through
November
30, 2007
(2)
|
64,702
|
-
|
-
|
$
|
516
million
|
||||||||
December
1, 2007 through
December
31, 2007
|
-
|
-
|
-
|
$
|
516
million
|
||||||||
Total
|
3,064,702
|
$
|
73.19
|
3,064,702
|
$
|
516
million
|
(a)
|
Exhibits
|
10-s-2
|
Letter
agreement between the Company and Donald R. Beall dated December
19,
2007.
|
12
|
Computation
of Ratio of Earnings to Fixed Charges for the three months ended
|
December
31, 2007.
|
31.1
|
Certification
by Chief Executive Officer Pursuant to Rule 13a-14(a) of the Securities
Exchange Act of 1934.
|
31.2
|
Certification
by Chief Financial Officer Pursuant to Rule 13a-14(a) of the Securities
Exchange Act of 1934.
|
32.1
|
Certification
by Chief Executive Officer Pursuant to 18 U.S.C. Section 1350, as
adopted
pursuant to Section 906 of the Sarbanes-Oxley Act of
2002.
|
32.2
|
Certification
by Chief Financial Officer Pursuant to 18 U.S.C. Section 1350, as
adopted
pursuant to Section 906 of the Sarbanes-Oxley Act of
2002.
|
ROCKWELL
COLLINS, INC.
(Registrant)
|
||
|
|
|
Date: January 24, 2008 | By | /s/ M. A. Schulte |
M.
A. Schulte
Vice
President, Finance and Controller
(Principal
Accounting Officer)
|
||
|
|
|
Date: January 24, 2008 | By | /s/ G. R. Chadick |
G.
R. Chadick
Senior
Vice President,
General
Counsel and Secretary
|
||