Segment Information (Tables)

9 Months Ended

Sep. 23, 2016

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


	Third Quarter Ended						Year-to-Date Ended
	September 23, 2016			September 25, 2015			September 23, 2016			September 25, 2015
	(in millions)
Net Sales:
Electronic Systems	$	1,024		$	1,023		$	2,970		$	3,138
Aerospace Systems		1,012			1,068			3,167			3,092
Communication Systems		509			518			1,485			1,490
Elimination of intercompany sales		(40	)		(45	)		(100	)		(125	)

Consolidated total	$	2,505		$	2,564		$	7,522		$	7,595

Operating Income:
Electronic Systems	$	119		$	121		$	339		$	352
Aerospace Systems		56			102			232			144
Communication Systems		40			52			143			139

Segment total		215			275			714			635
Loss related to business divestitures⁽¹⁾		—			(9	)		—			(29	)
Goodwill impairment charges⁽²⁾		—			(35	)		—			(35	)

Consolidated total	$	215		$	231		$	714		$	571

Depreciation and amortization:
Electronic Systems	$	26		$	26		$	78		$	81
Aerospace Systems		13			13			40			37
Communication Systems		12			12			35			37

Consolidated total	$	51		$	51		$	153		$	155

⁽¹⁾	See Note 5 for information regarding the Company’s business divestitures.

⁽²⁾

Represents non-cash goodwill impairment charges recorded during 2015 related to a business retained by L-3 in connection with the sale of the NSS business. See Note 6 to the audited consolidated financial statements for the year ended December 31, 2015, included in the Company’s Annual Report on Form 10-K for additional information.


	September 23, 2016		December 31, 2015
	(in millions)
Total Assets:
Electronic Systems	$	6,636	$	6,426
Aerospace Systems		2,704		2,630
Communication Systems		2,113		1,984
Corporate		358		363
Assets of discontinued operations		—		664

Consolidated total	$	11,811	$	12,067