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Business Group Information
6 Months Ended
Jun. 30, 2013
Segment Reporting [Abstract]  
Business Group Information
BUSINESS GROUP INFORMATION
We operate in four business groups: Aerospace, Combat Systems, Marine Systems and Information Systems and Technology. We organize our business groups in accordance with the nature of products and services offered. These business groups derive their revenues from business aviation; combat vehicles, weapons systems and munitions; military and commercial shipbuilding and services; and communications and information technology, respectively. We measure each group’s profit based on operating earnings. As a result, we do not allocate net interest, other income and expense items, and income taxes to our business groups.
Summary financial information for each of our business groups follows:

 
Revenues
Operating Earnings
Three Months Ended
July 1, 2012
June 30, 2013
July 1, 2012
June 30, 2013
Aerospace
$
1,592

$
2,053

$
257

$
389

Combat Systems
2,149

1,549

322

218

Marine Systems
1,653

1,759

183

178

Information Systems and Technology
2,528

2,550

226

198

Corporate*


(18
)
(23
)
 
$
7,922

$
7,911

$
970

$
960


 
Revenues
Operating Earnings
Six Months Ended
July 1, 2012
June 30, 2013
July 1, 2012
June 30, 2013
Aerospace
$
3,215

$
3,831

$
528

$
699

Combat Systems
4,060

3,102

525

433

Marine Systems
3,258

3,385

368

337

Information Systems and Technology
4,968

4,997

444

383

Corporate*


(35
)
(45
)
 
$
15,501

$
15,315

$
1,830

$
1,807


*Corporate operating results primarily consists of stock option expense.