Note 5: Inventories and Contracts in Progress (Tables)

12 Months Ended

Dec. 31, 2011

Notes to Consolidated Financial Statements [Abstract]

Inventories and Contracts in Progress [Table]

(Dollars in millions)	2011		2010
Raw materials	$	1,321	$	1,221
Work-in-process		3,175		3,259
Finished goods		3,078		3,026
Contracts in progress		6,899		6,340
		14,473		13,846
Less:
Progress payments, secured by lien, on U.S. Government contracts		(422)		(275)
Billings on contracts in progress		(6,254)		(5,805)
	$	7,797	$	7,766