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Segment Information (Tables)
3 Months Ended
Mar. 27, 2015
Segment Reporting [Abstract]  
Summary of Segment Information

The tables below present net sales, operating income, depreciation and amortization and total assets by reportable segment.

 

     First Quarter Ended  
     March 27,
2015
    March 28,
2014
 
     (in millions)  

Net Sales:

    

Electronic Systems

   $ 1,038      $ 1,098   

Aerospace Systems

     1,027        1,074   

Communication Systems

     444        517   

NSS

     245        305   

Elimination of intercompany sales

     (41     (37
  

 

 

   

 

 

 

Consolidated total

$ 2,713    $ 2,957   
  

 

 

   

 

 

 

Operating Income:

Electronic Systems

$ 114    $ 125   

Aerospace Systems

  62      93   

Communication Systems

  35      50   

NSS

  11      18   
  

 

 

   

 

 

 

Segment total

  222      286   

Loss related to business divestiture(1)

  (22   —     
  

 

 

   

 

 

 

Consolidated total

$ 200    $ 286   
  

 

 

   

 

 

 

Depreciation and amortization:

Electronic Systems

$ 28    $ 29   

Aerospace Systems

  12      10   

Communication Systems

  12      12   

NSS

  3      3   
  

 

 

   

 

 

 

Consolidated total

$ 55    $ 54   
  

 

 

   

 

 

 

 

(1) 

The loss related to business divestiture includes a $17 million non-cash impairment charge related to the MSI assets classified as held for sale and a $5 million unrealized loss on a forward contract to sell the estimated Euro proceeds to be obtained from the divestiture of MSI for U.S. dollars.

 

     March 27,
2015
     December 31
2014
 
     (in millions)  

Total Assets:

     

Electronic Systems

   $ 6,335       $ 6,287   

Aerospace Systems

     3,057         3,011   

Communication Systems

     2,064         1,997   

NSS

     1,315         1,287   

Corporate

     515         707   

Assets held for sale

     496         547   
  

 

 

    

 

 

 

Consolidated total

$ 13,782    $ 13,836