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Goodwill and Identifiable Intangible Assets (Tables)
9 Months Ended
Sep. 27, 2013
Goodwill And Intangible Assets Disclosure [Abstract]  
Changes in Goodwill by Segment
The table below presents the changes in goodwill by segment for the year-to-date period ended September 27, 2013.

 

     C3ISR      Electronic
Systems
    P&LS     NSS      Consolidated
Total
 
     (in millions)  

Balance at December 31, 2012

   $ 797       $ 4,836      $ 1,175      $ 968       $ 7,776   

Business dispositions

     —           (2     —          —           (2

Foreign currency translation adjustments(1)

     —           (7     (10     —           (17
  

 

 

    

 

 

   

 

 

   

 

 

    

 

 

 

Balance at September 27, 2013

   $ 797       $ 4,827      $ 1,165      $ 968       $ 7,757   
  

 

 

    

 

 

   

 

 

   

 

 

    

 

 

 

 

(1) 

The decreases in goodwill presented in the Electronic Systems and P&LS segments were primarily due to the strengthening of the U.S. dollar against the Canadian dollar and Australian dollar, partially offset by the weakening of the U.S. dollar against the Euro during the year-to-date period ended September 27, 2013.

Identifiable Intangible Assets

Identifiable Intangible Assets. Information on the Company’s identifiable intangible assets that are subject to amortization is presented in the table below.

 

     September 27, 2013      December 31, 2012  
     Weighted
Average
Amortization
Period
   Gross
Carrying
Amount
     Accumulated
Amortization
     Net
Carrying
Amount
     Gross
Carrying
Amount
     Accumulated
Amortization
     Net
Carrying
Amount
 
     (in years)    (in millions)  

Customer contractual relationships

   19    $ 461       $ 246       $ 215       $ 460       $ 225       $ 235   

Technology

   11      164         105         59         164         98         66   

Other

   17      27         15         12         27         14         13   
     

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   17    $ 652       $ 366       $ 286       $ 651       $ 337       $ 314   
     

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
Amortization Expense

Amortization expense recorded by the Company for its identifiable intangible assets is presented in the table below.

 

     Third Quarter Ended      Year-to-Date Ended  
     September 27,
2013
     September 28,
2012
     September 27,
2013
     September 28,
2012
 
     (in millions)  

Amortization Expense

   $ 10       $ 13       $ 29       $ 34   
  

 

 

    

 

 

    

 

 

    

 

 

 
Estimated Amortization Expense

Based on gross carrying amounts at September 27, 2013, the Company’s estimate of amortization expense for identifiable intangible assets for the years ending December 31, 2013 through 2017 are presented in the table below.

 

     Year Ending December 31,  
     2013      2014      2015      2016      2017  
     (in millions)  

Estimated amortization expense

   $ 38       $ 42       $ 39       $ 32       $ 31