-----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, CIQsFGUjUKYjVzqoBiKQYruWM5sLk4SfjnI90rgnTzuiS5C42PlZLFLMIhZ5y0M4 BvmSlKKyk7JXokM0/Urg3w== 0000084636-95-000011.txt : 199507120000084636-95-000011.hdr.sgml : 19950711 ACCESSION NUMBER: 0000084636-95-000011 CONFORMED SUBMISSION TYPE: 11-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19940930 FILED AS OF DATE: 19950328 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: ROCKWELL INTERNATIONAL CORP CENTRAL INDEX KEY: 0000084636 STANDARD INDUSTRIAL CLASSIFICATION: GUIDED MISSILES & SPACE VEHICLES & PARTS [3760] IRS NUMBER: 951054708 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 11-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01035 FILM NUMBER: 95523945 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 9/30/94 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, 1994 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, 1994 AND 1993 2 - 3 STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS, FOR THE YEARS ENDED SEPTEMBER 30, 1994 AND 1993 4 - 5 NOTES TO FINANCIAL STATEMENTS 6 - 10 SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES, SEPTEMBER 30, 1994 11 - 13 SCHEDULE OF REPORTABLE TRANSACTIONS, FOR THE YEAR ENDED SEPTEMBER 30, 1994 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, 1994 and 1993, 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, 1994 and 1993, 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, 1994, and (2) transactions in excess of five percent of the current value of plan assets for the year ended September 30, 1994 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. March 17, 1995 DELOITTE & TOUCHE Pittsburgh, Pennsylvania ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN FOR CERTAIN REPRESENTED HOURLY EMPLOYEES STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS SEPTEMBER 30, 1994 ($ IN THOUSANDS)
Guaranteed Money Rockwell Rockwell Investment Market Common Class A Equity Loan ASSETS Total Fund Fund Stock Fund Stock Fund Fund Fund CASH $ 241 $ 107 $ 61 $ 47 $ 26 INVESTMENTS: Rockwell International Corporation common stock 8,269 8,017 $ 252 Value of interest in registered investment companies 4,197 4,197 Money market funds 4,360 85 4,139 118 18 Interest in guaranteed investment contract trusts 8,187 8,187 Loans to participants 1,131 $ 1,131 Total investments 26,144 8,272 4,139 8,135 252 4,215 1,131 RECEIVABLE - Income 14 14 TOTAL ASSETS 26,399 8,393 4,200 8,182 252 4,241 1,131 LIABILITY - Purchases pending settlement 14 14 NET ASSETS AVAILABLE FOR BENEFITS $26,385 $ 8,379 $ 4,200 $ 8,182 $ 252 $ 4,241 $ 1,131 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, 1993 ($ IN THOUSANDS)
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 $ 8,749 $ 307 Value of interest in registered investment companies 3,805 $ 3,805 Money market funds 4,493 $ 45 $ 4,429 19 Interest in guaranteed investment contract trusts 8,515 8,515 Loans to participants 1,054 $ 1,054 Total investments 26,923 8,560 4,429 8,768 307 3,805 1,054 RECEIVABLES: Income 16 16 Other 183 32 17 25 42 67 Total receivables 199 48 17 25 42 67 TOTAL ASSETS 27,122 8,608 4,446 8,793 307 3,847 1,121 LIABILITY - Purchases pending settlement 71 16 24 31 NET ASSETS AVAILABLE FOR BENEFITS $27,051 $ 8,592 $ 4,446 $ 8,769 $ 307 $ 3,816 $ 1,121 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, 1994 ($ IN THOUSANDS)
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 $27,051 $ 8,592 $ 4,446 $ 8,769 $ 307 $ 3,816 $ 1,121 INCOME: Earnings from Investments: Dividends 250 242 8 Net investment income from registered investment companies 140 140 Interest 218 3 146 12 2 55 Net investment income from guaranteed investment contract trusts 424 424 Net depreciation in fair value of investments (517) (419) (13) (85) Total earnings from investments 515 427 146 (165) (5) 57 55 Participant Contributions 4,234 1,479 796 1,255 704 Total income (loss) 4,749 1,906 942 1,090 (5) 761 55 EXPENSES - Payments to participants or beneficiaries 5,415 1,960 915 1,659 42 592 247 Net income (loss) (666) (54) 27 (569) (47) 169 (192) Net transfers between the funds (159) (273) (18) (8) 256 202 NET INCREASE (DECREASE) (666) (213) (246) (587) (55) 425 10 NET ASSETS AVAILABLE FOR BENEFITS, END OF YEAR $26,385 $ 8,379 $ 4,200 $ 8,182 $ 252 $ 4,241 $ 1,131 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, 1993 ($ IN THOUSANDS)
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 $ 7,997 $ 4,280 $ 6,250 $ 281 $ 2,901 $ 897 INCOME: Earnings from Investments: Dividends 240 231 9 Net investment income from registered investment companies 139 139 Interest 199 128 1 70 Net investment income from guaranteed investment contract trusts 497 497 Net appreciation in fair value of investments 2,940 2,456 95 389 Total earnings from investments 4,015 497 128 2,688 104 528 70 Participant Contributions 4,301 1,651 862 1,234 554 Total income 8,316 2,148 990 3,922 104 1,082 70 EXPENSES - Payments to participants or beneficiaries 3,871 1,387 777 1,119 64 341 183 Net income (loss) 4,445 761 213 2,803 40 741 (113) Net transfers between the funds (166) (47) (284) (14) 174 337 NET INCREASE 4,445 595 166 2,519 26 915 224 NET ASSETS AVAILABLE FOR BENEFITS, END OF YEAR $27,051 $ 8,592 $ 4,446 $ 8,769 $ 307 $ 3,816 $ 1,121 See notes to financial statements.
-5- ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN FOR CERTAIN REPRESENTED HOURLY EMPLOYEES NOTES TO FINANCIAL STATEMENTS YEARS ENDED SEPTEMBER 30, 1994 AND 1993 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- b. limitations. An employee may change the 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 the 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, 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 October 1, 1994 - September 30, 1995 6.90% September 30, 1997 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 there is hardship as defined in the Plan. -7- f. Benefit Claims Payable - Retiring participants may irrevocably elect at any time during the 30-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 65 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 65. At September 30, 1994 and 1993, the amounts of such benefit claims payable to retired and terminated participants were approximately $617,000 and $340,000, 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. Amounts due on loans to participants who have terminated during the year are reflected as benefit payments in the loan fund. h. Plan Termination - The Company has the right 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- c. 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, 1994 and 1993 are as follows ($ in thousands): Description of Investment 1994 1993 Vanguard G.I.C. 4-90, 8.28% $2,325 Vanguard G.I.C. 4-91, 6.48% $2,560 2,992 Metropolitan Life Insurance Company G.I.C. 13285, 4.39% 2,537 3,199 Prudential Asset Management Group G.I.C. 7693, 4.39% 3,090 Vanguard Money Market Reserves Federal Portfolio Fund 4,108 4,429 Rockwell International Corporation Common Stock 8,017 8,749 Vanguard Group Windsor II Mutual Fund 4,197 3,806 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, 1994. Therefore, no provision for income taxes is included in the Plan's financial statements. -9- 5. UNIT VALUES Participation units outstanding at September 30, 1994 and 1993 and participants' equity per unit at the end of each quarter within the fiscal years then ended are as follows:
Units Outstanding Participants' Equity Per Unit Fiscal Year 1994 September 30 September 30 June 30 March 31 December 31 Equity Fund 199,364 $20.91 $20.30 $19.78 $20.65 Guaranteed Investment Fund: 6.48% Contract 2,054,062 1.22 1.20 1.18 1.16 4.39% Contract 2,306,302 1.09 1.08 1.07 1.05 4.39% Contract 2,962,501 1.06 1.04 1.03 1.01 Money Market Fund 3,557,102 1.17 1.16 1.14 1.14 Rockwell Common Stock Fund 715,220 11.36 12.39 13.13 12.31 Rockwell Class A Stock Fund 24,858 10.04 10.87 11.62 10.87 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 $18.18 Guaranteed Investment Fund: 4.39% Contract 3,067,898 1.04 1.03 1.02 1.01 6.48% Contract 2,590,459 1.14 1.12 1.10 1.09 8.28% Contract 1,844,898 1.25 1.23 1.20 1.18 Money Market Fund 3,883,752 1.13 1.12 1.11 1.10 Rockwell Common Stock Fund 729,452 11.93 11.02 10.08 9.61 Rockwell Class A Stock Fund 28,870 10.55 9.87 8.89 8.47
6. NEW ACCOUNTING STANDARD In September 1994, the American Institute of Certified Public Accountants issued Statement of Position 94-4, "Reporting of Investment Contracts Held by Health and Welfare Benefit Plans and Defined Contribution Pension Plans" ("SOP"), which is effective for plan years beginning after December 15, 1994. The SOP requires defined contribution plans to report investment contracts at fair value. The Plan has not adopted the SOP at this time. Plan management has not estimated the impact of adopting this SOP at this time. ****** -10- ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN FOR CERTAIN REPRESENTED HOURLY EMPLOYEES ITEM 27a - SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES SEPTEMBER 30, 1994 ($ IN THOUSANDS)
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 Current or similar party maturity value Cost Value GUARANTEED INVESTMENT FUND Interest in Guaranteed Investment Contract Trusts Vanguard Fiduciary Trust Company Guaranteed Investment Contract Trust, No. G4-91, 6.48% $2,560 $ 2,560 Metropolitan GAC Guaranteed Investment Contract Trust, No. 13285, 4.39% 2,537 2,537 Prudential Contact Guaranteed Investment Contract Trust, No. 7693, 4.39% 3,090 3,090 Total guaranteed investment contract trusts 8,187 8,187 Money Market Funds * Mellon Bank N.A. EB Temporary Investment Fund 85 85 Total investments - guaranteed investment fund $ 8,272 $ 8,272 MONEY MARKET FUND Money Market Funds Vanguard Fiduciary Trust Company Vanguard Money Market Reserves Federal Portfolio Fund $ 4,108 $ 4,108 * Mellon Bank N.A. EB Temporary Investment Fund 31 31 Total investments - money market fund $ 4,139 $ 4,139
(Continued) -11- ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN FOR CERTAIN REPRESENTED HOURLY EMPLOYEES ITEM 27a - SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES SEPTEMBER 30, 1994 ($ IN THOUSANDS)
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 243,071 shares $ 5,993 $ 8,017 Money Market Funds * Mellon Bank N.A. EB Temporary Investment Fund 118 118 Total investments - Rockwell Common Stock Fund $ 6,111 $ 8,135 ROCKWELL CLASS A STOCK FUND Rockwell International Corporation DEL Class A 7,343 shares $ 206 $ 251 * Rockwell International DEL COM 32 shares 1 1 Total investments - Rockwell Class A Stock Fund $ 207 $ 252
(Continued) -12- ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN FOR CERTAIN REPRESENTED HOURLY EMPLOYEES ITEM 27a - SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES SEPTEMBER 30, 1994 ($ IN THOUSANDS)
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 $ 3,744 $ 4,197 Money Market Funds * Mellon Bank N.A. EB Temporary Investment Fund 18 18 Total investments - Equity Fund $ 3,762 $ 4,215 LOAN FUND * Loans to participants Various loans $ 1,131 $ 1,131 Total investments - Loan Fund $ 1,131 $ 1,131 TOTAL INVESTMENTS - ALL FUNDS $23,622 $26,144 * Party-in-interest
-13- ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN FOR CERTAIN REPRESENTED HOURLY EMPLOYEES ITEM 27d - SCHEDULE OF REPORTABLE TRANSACTIONS YEAR ENDED SEPTEMBER 30, 1994 SINGLE TRANSACTIONS INVOLVING AN AMOUNT IN EXCESS OF FIVE PERCENT OF THE CURRENT VALUE OF PLAN ASSETS ($ IN THOUSANDS)
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 $ 2,325 $ 2,325 $ 2,325 $ - Contract No. 1991-G490 Prudential Contact Guaranteed Investment Contract, $23,156 23,156 23,156 - No. 7693, 4.39%
-14- ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN FOR CERTAIN REPRESENTED HOURLY EMPLOYEES ITEM 27d - SCHEDULE OF REPORTABLE TRANSACTIONS YEAR ENDED SEPTEMBER 30, 1994 SERIES TRANSACTIONS, WHEN AGGREGATED, INVOLVING AN AMOUNT IN EXCESS OF FIVE PERCENT OF THE CURRENT VALUE OF PLAN ASSETS ($ IN THOUSANDS)
COLUMN A COLUMN B COLUMN C COLUMN D COLUMN G COLUMN H COLUMN I Identity of Purchase Selling Cost of Current Value Net Gain Party Involved Description of Asset Price Price Asset of Asset or (Loss) Vanguard Fiduciary Trust Company Vanguard Money Market Reserves Federal Portfolio Fund $ 723 $ 723 $ 723 $ - Vanguard Fiduciary Trust Company Vanguard Money Market Reserves Federal Portfolio Fund $1,189 1,189 1,189 - Mellon Bank, N.A. EB Temporary Investment Fund 5,354 5,354 5,354 - Mellon Bank, N.A. EB Temporary Investment Fund 5,166 5,166 5,166 - Vanguard Fiduciary Trust Company Vanguard Windor Fund II Portfolio 1,014 1,014 1,014 - Vanguard Fiduciary Trust Company Vanguard Windor Fund II Portfolio 662 575 662 87 Prudential Contact Guaranteed Investment Contract 7693, 4.39% 3,252 3,252 3,252 - Prudential Contact Guaranteed Investment Contract 7693, 4.39% 278 278 278 -
-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 27, 1995 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 March 17, 1995, 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, 1994. Deloitte & Touche LLP Pittsburgh, Pennsylvania March 27, 1995 S-2 -----END PRIVACY-ENHANCED MESSAGE-----