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Contracts in Process (Tables)
 9 Months Ended
Sep. 23, 2016
Text Block [Abstract]  
Components of Contracts in Process

The components of contracts in process are presented in the table below.

 

     September 23,
2016		     December 31,
2015		  
     (in millions)  

Unbilled contract receivables, gross

    $ 2,180      $ 2,097   

Unliquidated progress payments

      (886 )      (869 ) 
  

 

 

    

 

 

  

Unbilled contract receivables, net

      1,294        1,228   
  

 

 

    

 

 

  

Inventoried contract costs, gross

      1,165        975   

Unliquidated progress payments

      (194 )      (122 ) 
  

 

 

    

 

 

  

Inventoried contract costs, net

      971        853   
  

 

 

    

 

 

  

Total contracts in process

    $ 2,265      $ 2,081   
  

 

 

    

 

 

  
General and Administrative, Independent Research and Development and Bid and Proposal Costs

The table below presents a summary of G&A, IRAD and B&P costs included in inventoried contract costs and the changes to them, including amounts charged to cost of sales by the Company’s U.S. Government contractor businesses for the periods presented.  

     Third Quarter Ended     Year-to-Date Ended  
     September 23,
2016		     September 25,
2015		     September 23,
2016		     September 25,
2015		  
     (in millions)  

Amounts included in inventoried contract costs at beginning of the period

    $ 163      $ 126      $ 137      $ 117   

Contract costs incurred:

         

IRAD and B&P

      76        69        213        204   

Other G&A

      201        217        611        611   
  

 

 

    

 

 

    

 

 

    

 

 

  

Total

      277        286        824        815   
  

 

 

    

 

 

    

 

 

    

 

 

  

Amounts charged to cost of sales

      (270 )      (267 )      (791 )      (787 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  

Amounts included in inventoried contract costs at end of the period

    $ 170      $ 145      $ 170      $ 145   
  

 

 

    

 

 

    

 

 

    

 

 

  
Selling, General and Administrative Expenses and Research and Development Expenses

The table below presents a summary of selling, general and administrative expenses and research and development expenses for the Company’s commercial businesses, which are expensed as incurred and included in cost of sales on the unaudited condensed consolidated statements of operations.

 

     Third Quarter Ended      Year-to-Date Ended  
     September 23,
2016		      September 25,
2015		      September 23,
2016		      September 25,
2015		  
     (in millions)  

Selling, general and administrative expenses

    $ 53       $ 53       $ 164       $ 200   

Research and development expenses

      16         13         40         38   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 69       $ 66       $ 204       $ 238