-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, DIISx0NHLLWy5I5D1vUSZWJyyHzkjxC5mS3HKH/AcfnIuPTz0s3xpSZ7nSJXv8GY +4xz0p8oG+oIyEcra2wGcg== 0000084636-94-000005.txt : 19940330 0000084636-94-000005.hdr.sgml : 19940330 ACCESSION NUMBER: 0000084636-94-000005 CONFORMED SUBMISSION TYPE: 11-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19930930 FILED AS OF DATE: 19940329 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ROCKWELL INTERNATIONAL CORP CENTRAL INDEX KEY: 0000084636 STANDARD INDUSTRIAL CLASSIFICATION: 3760 IRS NUMBER: 951054708 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 11-K SEC ACT: 34 SEC FILE NUMBER: 001-01035 FILM NUMBER: 94518591 BUSINESS ADDRESS: STREET 1: 2201 SEAL BEACH BOULEVARD CITY: SEAL BEACH STATE: CA ZIP: 90740 BUSINESS PHONE: 4125654004 MAIL ADDRESS: STREET 1: 2201 SEAL BEACH BOULEVARD CITY: SEAL BEACH STATE: CA ZIP: 90740 FORMER COMPANY: FORMER CONFORMED NAME: NORTH AMERICAN AVIATION INC DATE OF NAME CHANGE: 19671017 11-K 1 HOURLY SAVINGS PLAN FOR YEAR ENDED 9/30/93 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 11-K ANNUAL REPORT Pursuant to Section 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended September 30, 1993 ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN FOR CERTAIN REPRESENTED HOURLY EMPLOYEES ROCKWELL INTERNATIONAL CORPORATION 2201 Seal Beach Boulevard Seal Beach, California 90740 ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN FOR CERTAIN REPRESENTED HOURLY EMPLOYEES INDEX PAGE NUMBER FINANCIAL STATEMENTS: INDEPENDENT AUDITORS' REPORT 1 STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS, SEPTEMBER 30, 1993 AND 1992 2 - 3 STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS, FOR THE YEARS ENDED SEPTEMBER 30, 1993 AND 1992 4 - 5 NOTES TO FINANCIAL STATEMENTS 6 - 10 SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES, SEPTEMBER 30, 1993 11 - 13 SCHEDULE OF REPORTABLE TRANSACTIONS, FOR THE YEAR ENDED SEPTEMBER 30, 1993 14 - 15 SIGNATURES S-1 EXHIBIT: INDEPENDENT AUDITORS' CONSENT S-2 INDEPENDENT AUDITORS' REPORT To the Rockwell International Corporation Savings Plan for Certain Represented Hourly Employees and Participants: We have audited, by fund and in total, the accompanying statements of net assets available for benefits of the Rockwell International Corporation Savings Plan for Certain Represented Hourly Employees (the "Plan") as of September 30, 1993 and 1992, and the related statements of changes in net assets available for benefits for the years then ended. These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with generally accepted auditing standards. Those standards required that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, such financial statements present fairly, by fund and in total, in all material respects, the net assets available for benefits of the Plan as of September 30, 1993 and 1992, and the changes in its net assets available for benefits for the years then ended in conformity with generally accepted accounting principles. Our audits were conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. The accompanying supplemental schedules of (1) assets held for investment purposes as of September 30, 1993, and (2) transactions in excess of five percent of the current value of plan assets for the year ended September 30, 1993 are presented for the purpose of additional analysis and are not a required part of the basic financial statements, but are supplementary information required by the Department of Labor's Rules and regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. These supplemental schedules are the responsibility of the Plan's management. Such supplemental schedules have been subjected to the auditing procedures applied in our audit of the basic financial statements and, in our opinion, are fairly stated in all material respects when considered in relation to the basic financial statements taken as a whole. December 13, 1993 Deloitte & Touche Pittsburgh, Pennsylvania ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN FOR CERTAIN REPRESENTED HOURLY EMPLOYEES STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS SEPTEMBER 30, 1993
Guaranteed Money Rockwell Rockwell Investment Market Common Class A Equity Loan ASSETS Total Fund Fund Stock Fund Stock Fund Fund Fund INVESTMENTS: Rockwell International Corporation common stock $9,056,412 $8,749,224 $307,188 Value of interest in registered investment companies 3,805,518 $3,805,518 Money market funds 4,492,412 $ 44,916 $4,428,675 18,821 Interest in guaranteed investment contract trusts 8,515,486 8,515,486 Loans to participants 1,053,875 $1,053,875 Total investments 26,923,703 8,560,402 4,428,675 8,768,045 307,188 3,805,518 1,053,875 RECEIVABLES: Income 15,729 15,708 21 Other 183,040 32,132 17,361 24,764 41,748 67,035 Total receivables 198,769 47,840 17,361 24,785 41,748 67,035 TOTAL ASSETS 27,122,472 8,608,242 4,446,036 8,792,830 307,188 3,847,266 1,120,910 LIABILITY - Purchases pending settlement 71,115 15,679 24,031 4 31,401 NET ASSETS AVAILABLE FOR BENEFITS $27,051,357 $8,592,563 $4,446,036 $8,768,799 $307,184 $3,815,865 $1,120,910 See notes to financial statements -2-
ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN FOR CERTAIN REPRESENTED HOURLY EMPLOYEES STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS SEPTEMBER 30, 1992
Guaranteed Money Rockwell Rockwell Investment Market Common Class A Equity Loan ASSETS Total Fund Fund Stock Fund Stock Fund Fund Fund INVESTMENTS: Rockwell International Corporation common stock $ 6,483,707 $6,203,589 $280,118 Value of interest in registered investment companies 2,894,074 $2,894,074 Money market funds 4,425,002 $ 112,257 $4,280,163 24,838 1,361 6,383 Interest in guaranteed investment contract trusts 7,884,849 7,884,849 Loans to participants 872,157 $872,157 Total investments 22,559,789 7,997,106 4,280,163 6,228,427 281,479 2,900,457 872,157 RECEIVABLES: Income 56,841 45,567 11,269 5 Other 46,470 21,570 24,900 Total receivables 103,311 45,567 11,269 21,575 24,900 TOTAL ASSETS 22,663,100 8,042,673 4,291,432 6,250,002 281,479 2,900,457 897,057 LIABILITY Purchases pending settlement 56,815 45,546 11,269 NET ASSETS AVAILABLE FOR BENEFITS $22,606,285 $7,997,127 $4,280,163 $6,250,002 $281,479 $2,900,457 $897,057 See notes to financial statements. -3-
ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN FOR CERTAIN REPRESENTED HOURLY EMPLOYEES STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS YEAR ENDED SEPTEMBER 30, 1993
Guaranteed Money Rockwell Rockwell Investment Market Common Class A Equity Loan ASSETS Total Fund Fund Stock Fund Stock Fund Fund Fund NET ASSETS AVAILABLE FOR BENEFITS, BEGINNING OF YEAR $22,606,285 $7,997,127 $4,280,163 $6,250,002 $281,479 $2,900,457 $ 897,057 INCOME: Earnings from Investments: Dividends 240,618 231,398 9,220 Net investment income from registered investment companies 139,335 139,335 Interest 199,096 127,534 1,129 5 77 70,351 Net investment income from guaranteed investment contract trusts 497,275 497,275 Net appreciation in fair value of investments 2,940,433 2,455,769 95,241 389,423 Total earnings from investments 4,016,757 497,275 127,534 2,688,296 104,466 528,835 70,351 Participant Contributions 4,299,691 1,650,376 862,441 1,233,986 552,888 Total income 8,316,448 2,147,651 989,975 3,922,282 104,466 1,081,723 70,351 EXPENSES - Payments to participants or beneficiaries 3,871,376 1,386,732 776,911 1,119,087 64,739 340,756 183,151 Net income (loss) 4,445,072 760,919 213,064 2,803,195 39,727 740,967 (112,800) Net transfers between the funds (165,483) (47,191) (284,398) (14,022) 174,441 336,653 NET INCREASE (DECREASE) 4,445,072 595,436 165,873 2,518,797 25,705 915,408 223,853 NET ASSETS AVAILABLE FOR BENEFITS, END OF YEAR $27,051,357 $8,592,563 $4,446,036 $8,768,799 $307,184 $3,815,865 $1,120,910 See notes to financial statements. -4-
ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN FOR CERTAIN REPRESENTED HOURLY EMPLOYEES STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS YEAR ENDED SEPTEMBER 30, 1992
Guaranteed Money Rockwell Rockwell Investment Market Common Class A Equity Loan ASSETS Total Fund Fund Stock Fund Stock Fund Fund Fund NET ASSETS AVAILABLE FOR BENEFITS, BEGINNING OF YEAR $21,309,778 $7,405,568 $4,193,575 $6,254,799 $372,179 $2,426,160 $657,497 INCOME: Earnings from Investments: Dividends 232,101 220,653 11,448 Net investment income from registered investment companies 177,759 177,759 Interest 248,954 175,443 3,762 309 275 69,165 Net investment income from guaranteed investment contract trusts 543,115 543,115 Net (depreciation) appreciation in fair value of investments (84,145) (258,941) (15,107) 189,903 Total earnings (loss) from investments 1,117,784 543,115 175,443 (34,526) (3,350) 367,937 69,165 Participant Contributions 4,579,339 1,680,115 973,625 1,452,345 473,254 Total income 5,697,123 2,223,230 1,149,068 1,417,819 (3,350) 841,191 69,165 EXPENSES - Payments to participants or beneficiaries 4,400,616 1,706,976 955,997 1,263,066 67,918 439,939 (33,280) Net income (loss) 1,296,507 516,254 193,071 154,753 (71,268) 401,252 102,445 Net transfers between the funds 75,305 (106,483) (159,550) (19,432) 73,045 137,115 NET INCREASE (DECREASE) 1,296,507 591,559 86,588 (4,797) (90,700) 474,297 239,560 NET ASSETS AVAILABLE FOR BENEFITS, END OF YEAR $22,606,285 $7,997,127 $4,280,163 $6,250,002 $281,479 $2,900,457 $ 897,057 See notes to financial statements. -5-
ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN FOR CERTAIN REPRESENTED HOURLY EMPLOYEES NOTES TO FINANCIAL STATEMENTS YEARS ENDED SEPTEMBER 30, 1993 AND 1992 1. DESCRIPTION OF THE PLAN The following description of the Rockwell International Corporation Savings Plan for Certain Represented Hourly Employees (the "Plan") is provided for general information purposes only. Participants should refer to the Plan document for more complete information. a. General - The Plan is a defined contribution savings plan established by Rockwell International Corporation (the "Company"). The Company's Employee Benefit Plan Committee, the Plan's Administrative Committee and the Plan Administrator control and manage the operation and administration of the Plan. Mellon Bank, N.A. serves as the trustee for the Plan. The assets of the Plan are managed by both the trustee and other investment managers. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974. The Plan currently provides several investment funds in which contributions to the Plan may be invested. These are the Equity Fund, which may invest in real or personal property, including corporate obligations and common and preferred stock; the Guaranteed Investment Fund, which invests in contracts with insurance companies providing a guarantee of principal (backed by the general assets of the insurance company) and a specified rate of interest; the Money Market Fund, which invests in federal, state or local government debt instruments, the Loan Fund, which represents the outstanding balance of participants' loans from their accounts; and the Rockwell Common Stock Fund, which invests in Common Stock of the Company. The Plan also maintains the Rockwell Class A Stock Fund, which consists of the Company's Class A Common Stock, which was distributed by the Company in 1987 in connection with a stock dividend. Cash dividends on Common Stock and Class A Common Stock and cash contributed for investment in the Company's common stock are held in the Rockwell Common Stock Fund. All cash contributions to the Rockwell Common Stock Fund are invested in the Company's Common Stock. b. Participation - The Plan is extended to employees on hourly payrolls of the Company who are covered under collective bargaining agreements with the International Union, United Automobile, Aerospace and Agricultural Implement Workers of America and its Locals Nos. 887, 952, 1519 and 1558 (the "Union") and have been employed by the Company for six months. The Plan provides that employees electing to participate may currently contribute to the Plan through payroll deferrals at a specified percentage (ranging from 1% to 8%) of base compensation as defined in the Plan. Such contributions are excluded from the participants' taxable income until such amounts are received by them as a distribution from the Plan. The Plan also provides that certain limitations may be imposed on compensation deferral contributions in order to comply with statutory -6- limitations. An employee may change his contribution percentage or suspend contributions at any time upon 15 days' notice, and may resume making contributions at any time upon 15 days' written notice. c. Investment Elections - A participant may elect, and during the months of February and August may change such investment election, to have his compensation deferral contributions made (i) entirely to the Equity Fund; (ii) entirely to the Guaranteed Investment Fund; (iii) entirely to the Money Market Fund; (iv) entirely to the Rockwell Common Stock Fund or (v) one-half to the Money Market Fund and one-half to the Rockwell Common Stock Fund. Participants' contributions under the Guaranteed Investment Fund are paid to insurance companies under contracts pursuant to which the contributions are invested by the insurance companies with various guaranteed annual returns for specified periods of time or until such time as the contracts may be terminated. Such contracts guarantee the following returns: Period of Annual Contract Contributions Return Expiration Date October 1, 1989 - September 30, 1990 7.20% September 30, 1992 October 1, 1990 - September 30, 1991 8.28% September 30, 1993 October 1, 1991 - September 30, 1992 6.48% September 30, 1994 October 1, 1992 - September 30, 1993 4.39% September 30, 1995 October 1, 1993 - September 30, 1994 4.39% September 30, 1996 d. Unit Values - Participants in the various investment funds do not own specific securities or other assets in such Funds, but they have an interest therein represented by units valued each month on the "Valuation Date," which is generally the last stock-trading day of the month. Between valuation dates, contributions to and withdrawal payments from each Fund are converted to units by dividing the amount of such transactions by the unit value as last determined, and the participants' accounts are charged or credited, as the case may be, with the number of units properly attributable to each participant. Voting rights are extended to participants in proportion to their ownership interest in the Rockwell Common Stock Fund and the Rockwell Class A Stock Fund. e. Vesting - Participants are fully vested in their accounts at all times. Amounts contributed through compensation deferral contributions may be distributed to participants only (i) upon termination of employment; (ii) upon attaining the age of 59-1/2 or (iii) upon demonstration by the participant to the Administrative Committee that he is suffering from hardship as defined in the Plan. -7- f. Benefit Claims Payable - Retiring participants may irrevocably elect at any time during the thirty-day period ending on the day immediately prior to the effective date of their retirement to remain in the Plan without any further contributions until January 1 of the calendar year following the effective date of their retirement, at which time they shall be entitled to receive their account balance valued as of the Valuation Date immediately prior to such January 1. Terminated participants will receive their vested benefits no later than 60 days after the end of the Plan year in which such termination occurs. Participants separating from service who have not attained the age of sixty-five and who have an account balance greater than $3,500 must provide written consent to the Plan Administrator in order to receive their distribution before reaching age sixty-five. At September 30, 1993 and 1992, the amounts of such benefit claims payable to retired and terminated participants were approximately $340,000 and $268,000, respectively. g. Loans to Participants - A determination was made by the Plan Administrator to resume the loan program which had been suspended October 1, 1988 pending clarification of final IRS regulations. In June 1990, the Plan Administrator approved Appendix C to the Plan which defines the specific procedures, terms and conditions for the granting and administration of loans to participants. These procedures allow a participant to apply for and obtain a loan in an amount as defined in the Plan (not less than $1,000 and not greater than $50,000 or 50% of the participant's account balance) from the balance of his account. Interest is charged at a rate equal to First Interstate Bank of California's prime rate plus 1%. The loans can be repaid through payroll deductions over periods ranging from 12 to 60 months or up to 120 months for the purchase of a primary residence or they can be repaid in full at any time. Payments of principal and interest will be credited to the participant's account. Participants may have only one outstanding loan at a time. Loans from participants who have terminated during the year are reflected as benefit payments in the loan fund. h. Plan Termination - The Company has the power to terminate or modify the Plan from time to time. Benefits under the Plan shall be provided solely from the Plan assets. 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES a. Valuation of Investment Securities - Investments in the Company's common stock are stated at fair value based upon closing sales prices reported on recognized securities exchanges on the last business day of the fiscal year. Investments in Class A Common Stock of the Company are stated at fair market value based upon the closing sales price of the Company's Common Stock into which it is convertible. b. Valuation of Interest in Registered Investment Companies - The Plan's interest in registered investment companies represents investments in Vanguard mutual funds. The Vanguard mutual funds are stated at redemption value, which approximates fair value. c. Valuation of Guaranteed Investment Contract Trusts - The guaranteed investment contract trusts are valued at contract value (which -8- approximates fair value). Contract value represents contributions made by participants, plus interest at the contract rates, less withdrawals or transfers by participants. d. Valuation of Money Market Funds - Investments in money market funds are stated at cost which approximates fair value. e. Expenses - All costs and expenses of the Plan and its administration, except investment management fees and expenses incurred in the acquisition or disposition of investments, are paid by the Company. 3. INVESTMENTS EXCEEDING 5% OF NET ASSETS The Plan's investments which exceeded 5% of net assets available for benefits as of September 30, 1993 and 1992 are as follows: Description of Investment 1993 1992 Vanguard G.I.C. 4-89, 7.20% $1,945,513 Vanguard G.I.C. 4-90, 8.28% $2,324,874 2,523,708 Vanguard G.I.C. 4-91, 6.48% 2,991,921 3,415,628 Metropolitan Life Insurance Company G.I.C. 13285, 4.39% 3,198,691 Vanguard Money Market Reserves Federal Portfolio Fund 4,428,675 4,280,163 Rockwell International Corporation Common Stock 8,749,224 6,203,589 Vanguard Group Windsor II Mutual Fund 3,805,518 2,894,074 4. TAX STATUS The Plan obtained its latest determination letter in 1987, in which the Internal Revenue Service stated that the Plan, as then designed, was in compliance with the applicable requirements of the Internal Revenue Code. The Plan has been amended since receiving the determination letter. Rockwell believes that the Plan is currently designed and being operated in compliance with the applicable requirements of the Internal Revenue Code and that, therefore, the Plan continues to qualify under Section 401(a) and the related trust continues to be tax-exempt as of September 30, 1993. Therefore, no provision for income taxes is included in the Plan's financial statements. 5. UNIT VALUES Participation units outstanding at September 30, 1993 and 1992 and participants' equity per unit at the end of each quarter within the fiscal years then ended are as follows: -9-
Units Outstanding Participants' Equity Per Unit Fiscal Year 1993 September 30 September 30 June 30 March 31 December 31 Equity Fund 183,483 $20.60 $19.54 $19.38 $18.18 Guaranteed Investment Fund: 4.39% Contract 3,067,898 1.04 1.03 1.02 1.01 6.48% Contract 2,590,459 1.14 1.12 1.10 1.09 8.28% Contract 1,844,898 1.25 1.23 1.20 1.18 Money Market Fund 3,883,752 1.13 1.12 1.11 1.10 Rockwell Common Stock Fund 729,452 11.93 11.02 10.08 9.61 Rockwell Class A Stock Fund 28,870 10.55 9.87 8.89 8.47 Units Outstanding Participants' Equity Per Unit Fiscal Year 1992 September 30 September 30 June 30 March 31 December 31 Equity Fund 167,737 $17.60 $16.94 $16.32 $16.29 Guaranteed Investment Fund: 6.48% Contract 3,211,917 1.07 1.05 1.04 1.02 8.28% Contract 2,189,557 1.16 1.13 1.10 1.08 7.20% Contract 1,740,580 1.13 1.11 1.09 1.07 Money Market Fund 3,805,717 1.09 1.08 1.07 1.06 Rockwell Common Stock Fund 723,244 8.44 7.65 7.83 9.13 Rockwell Class A Stock Fund 37,333 7.43 6.73 6.81 7.98
-10- ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN FOR CERTAIN REPRESENTED HOURLY EMPLOYEES ITEM 27a - SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES SEPTEMBER 30, 1993
COLUMN B COLUMN C COLUMN D COLUMN E Description of investment, including Identity of issue, collateral, rate of interest, borrower, lessor maturity date, par or or similar party maturity value Cost Current Value GUARANTEED INVESTMENT FUND Interest in Guaranteed Investment Contract Trusts Vanguard Fiduciary Trust Company Guaranteed Investment Contract Trust, No. G4-90, 8.28% $ 2,324,874 $ 2,324,874 Vanguard Fiduciary Trust Company Guaranteed Investment Contract Trust, No. G4-91, 6.48% 2,991,921 2,991,921 Metropolitan Life Insurance Company Guaranteed Investment Contract Trust, No. 13285, 4.39% 3,198,691 3,198,691 Total guaranteed investment contract trusts 8,515,486 8,515,486 Money Market Funds * Mellon Bank N.A. EB Temporary Investment Fund 44,916 44,916 Total investments - guaranteed investment fund $ 8,560,402 $ 8,560,402 MONEY MARKET FUND Money Market Funds Vanguard Fiduciary Trust Company Vanguard Money Market Reserves Federal Portfolio Fund $ 4,428,675 $ 4,428,675 Total investments - money market fund $ 4,428,675 $ 4,428,675 -11- (CONTINUED)
ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN FOR CERTAIN REPRESENTED HOURLY EMPLOYEES ITEM 27a - SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES SEPTEMBER 30, 1993
COLUMN B COLUMN C COLUMN D COLUMN E Description of investment, including Identity of issue, collateral, rate of interest, borrower, lessor maturity date, par or or similar party maturity value Cost Current Value ROCKWELL COMMON STOCK FUND Corporate Stock - Common * Rockwell International Corporation 243,034 shares $ 5,988,505 $ 8,749,224 Money Market Funds * Mellon Bank N.A. EB Temporary Investment Fund 18,821 18,821 Total investments - Rockwell common stock fund $ 6,007,326 $ 8,768,045 ROCKWELL CLASS A STOCK FUND Corporate Stock - Common * Rockwell International Corporation Class A 8,533 shares $ 238,989 $ 307,188 Total investments - Rockwell Class A stock fund $ 238,989 $ 307,188 -12- (CONTINUED)
ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN FOR CERTAIN REPRESENTED HOURLY EMPLOYEES ITEM 27a - SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES SEPTEMBER 30, 1993
COLUMN B COLUMN C COLUMN D COLUMN E Description of investment, including Identity of issue, collateral, rate of interest, borrower, lessor maturity date, par or or similar party maturity value Cost Current Value EQUITY FUND Shares of Registered Investment Company Vanguard Fiduciary Trust Company Vanguard Group Windsor II Mutual Fund $ 3,082,626 $ 3,805,518 Total investments - equity fund $ 3,082,626 $ 3,805,518 LOAN FUND * Loans to participants Various loans; 7% to 11%, due 12 to 120 months from date of loan $ 1,053,875 $ 1,053,875 Total investments - loan fund $ 1,053,875 $ 1,053,875 TOTAL INVESTMENTS - ALL FUNDS $ 23,371,893 $ 26,923,703 * Party-in-interest -13-
ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN FOR CERTAIN REPRESENTED HOURLY EMPLOYEES ITEM 27d - SCHEDULE OF REPORTABLE TRANSACTIONS YEAR ENDED SEPTEMBER 30, 1993 SINGLE TRANSACTIONS INVOLVING AN AMOUNT IN EXCESS OF FIVE PERCENT OF THE CURRENT VALUE OF PLAN ASSETS
COLUMN A COLUMN B COLUMN C COLUMN D COLUMN G COLUMN H COLUMN F Current Identity of Purchase Selling Cost of Value of Net Gain Party Involved Description of Asset Price Price Asset Asset or (Loss) Vanguard Fiduciary Trust Company Guaranteed Investment Contract, $1,945,513 $1,945,513 $1,945,513 $ - No. G4-89 Vanguard Fiduciary Trust Company Guaranteed Investment Contract, $1,945,513 $1,945,513 $1,945,513 $ - No. 13285 -14-
ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN FOR CERTAIN REPRESENTED HOURLY EMPLOYEES ITEM 27d - SCHEDULE OF REPORTABLE TRANSACTIONS YEAR ENDED SEPTEMBER 30, 1993 SERIES TRANSACTIONS, WHEN AGGREGATED, INVOLVING AN AMOUNT IN EXCESS OF FIVE PERCENT OF THE CURRENT VALUE OF PLAN ASSETS
COLUMN A COLUMN B COLUMN C COLUMN D COLUMN G COLUMN H COLUMN F Total Total Identity of Number of Number of Dollar Value Dollar Value Net Gain Party Involved Description of Asset Purchases Sales of Purchases of Sales or (Loss) Rockwell International Corporation Common Stock 70 42 $1,363,835 $ 900,051 $173,182 Vanguard Fiduciary Trust Company Vanguard Money Market Reserves Federal Portfolio Fund 37 22 $ 608,685 $ 566,178 - Mellon Bank, N.A. EB Temporary Investment Fund 448 225 $6,348,887 $6,428,626 - Vanguard Fiduciary Trust Company Guaranteed Investment Contract, No. G4-91 7 1 $3,112,833 $ 1,534 - -15-
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Plan Administrator has duly caused this annual report to be signed by the undersigned, hereunto duly authorized. ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN FOR CERTAIN REPRESENTED HOURLY EMPLOYEES By Alfred J. Spigarelli Alfred J. Spigarelli Plan Administrator Date: March 22, 1994 S-1 INDEPENDENT AUDITORS' CONSENT We consent to the incorporation by reference in Registration Statement No. 2-99494 (as amended through Post-Effective Amendment No. 4 thereto) of Rockwell International Corporation on Form S-8 of our report dated December 13, 1993, appearing in this Annual Report on Form 11-K of the Rockwell International Corporation Savings Plan for Certain Represented Hourly Employees for the year ended September 30, 1993. Deloitte & Touche Pittsburgh, Pennsylvania March 22, 1994 S-2 -----END PRIVACY-ENHANCED MESSAGE-----