<PAGE>
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
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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
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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
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<TABLE>
ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN
FOR CERTAIN REPRESENTED HOURLY EMPLOYEES
STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS
SEPTEMBER 30, 1993
<CAPTION>
Guaranteed Money Rockwell Rockwell
<S> Investment Market Common Class A Equity Loan
ASSETS Total Fund Fund Stock Fund Stock Fund Fund Fund
<C> <C> <C> <C> <C> <C> <C>
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
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<TABLE>
ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN
FOR CERTAIN REPRESENTED HOURLY EMPLOYEES
STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS
SEPTEMBER 30, 1992
<CAPTION>
Guaranteed Money Rockwell Rockwell
<S> Investment Market Common Class A Equity Loan
ASSETS Total Fund Fund Stock Fund Stock Fund Fund Fund
<C> <C> <C> <C> <C> <C> <C>
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.
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<TABLE>
ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN
FOR CERTAIN REPRESENTED HOURLY EMPLOYEES
STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
YEAR ENDED SEPTEMBER 30, 1993
<CAPTION>
Guaranteed Money Rockwell Rockwell
<S> Investment Market Common Class A Equity Loan
ASSETS Total Fund Fund Stock Fund Stock Fund Fund Fund
<C> <C> <C> <C> <C> <C> <C>
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.
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</TABLE>
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<TABLE>
ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN
FOR CERTAIN REPRESENTED HOURLY EMPLOYEES
STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
YEAR ENDED SEPTEMBER 30, 1992
<CAPTION>
Guaranteed Money Rockwell Rockwell
<S> Investment Market Common Class A Equity Loan
ASSETS Total Fund Fund Stock Fund Stock Fund Fund Fund
<C> <C> <C> <C> <C> <C> <C>
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.
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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
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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.
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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
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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:
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<CAPTION>
Units
Outstanding Participants' Equity Per Unit
Fiscal Year 1993 September 30 September 30 June 30 March 31 December 31
<S> <C> <C> <C> <C> <C>
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
</TABLE>
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<TABLE>
ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN
FOR CERTAIN REPRESENTED HOURLY EMPLOYEES
ITEM 27a - SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES
SEPTEMBER 30, 1993
<CAPTION>
COLUMN B COLUMN C COLUMN D COLUMN E
<S> <C> <C> <C>
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
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<TABLE>
ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN
FOR CERTAIN REPRESENTED HOURLY EMPLOYEES
ITEM 27a - SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES
SEPTEMBER 30, 1993
<CAPTION>
COLUMN B COLUMN C COLUMN D COLUMN E
<S> <C> <C> <C>
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
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ROCKWELL INTERNATIONAL CORPORATION SAVINGS PLAN
FOR CERTAIN REPRESENTED HOURLY EMPLOYEES
ITEM 27a - SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES
SEPTEMBER 30, 1993
<CAPTION>
COLUMN B COLUMN C COLUMN D COLUMN E
<S> <C> <C> <C>
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
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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
<CAPTION>
COLUMN A COLUMN B COLUMN C COLUMN D COLUMN G COLUMN H COLUMN F
<S> <C> <C> <C> <C> <C> <C>
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
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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
<CAPTION>
COLUMN A COLUMN B COLUMN C COLUMN D COLUMN G COLUMN H COLUMN F
<S> <C> <C> <C> <C> <C> <C>
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 -
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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<PAGE>
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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
