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Segment Information
9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION
We have five operating segments, Aerospace, Combat Systems, Information Technology, Mission Systems and Marine Systems. We organize our segments in accordance with the nature of products and services offered. We measure each segment’s profitability based on operating earnings. As a result, we do not allocate net interest, other income and expense items, and income taxes to our segments.
Summary financial information for each of our segments follows:
 
Revenue
Operating Earnings
Revenue from
U.S. Government
Three Months Ended
September 30, 2018
October 1, 2017
September 30, 2018
October 1, 2017
September 30, 2018
October 1, 2017
Aerospace
$
2,031

$
1,995

$
376

$
381

$
48

$
48

Combat Systems
1,523

1,500

241

247

765

754

Information
    Technology
2,307

1,068

157

101

2,245

1,011

Mission Systems
1,230

1,086

179

152

994

892

Marine Systems
2,003

1,931

169

179

1,932

1,921

Corporate


13

3



Total
$
9,094

$
7,580

$
1,135

$
1,063

$
5,984

$
4,626

Nine Months Ended
 
 
 
 
 
 
Aerospace
$
5,751

$
6,147

$
1,108

$
1,241

$
213

$
138

Combat Systems
4,497

4,201

701

677

2,188

2,217

Information
    Technology
5,887

3,178

414

278

5,693

2,985

Mission Systems
3,475

3,226

478

451

2,769

2,591

Marine Systems
6,205

5,944

548

518

5,983

5,872

Corporate


(18
)
11



Total
$
25,815

$
22,696

$
3,231

$
3,176

$
16,846

$
13,803


Corporate operating results have two primary components: pension and other post-retirement benefit income, and stock option expense. ASU 2017-07 requires the non-service cost components of pension and other post-retirement benefit cost (e.g., interest cost) to be reported in other income (expense) in the Consolidated Statement of Earnings. In our defense segments, as described in Note N, pension and other post-retirement benefit costs are allocable contract costs. For these segments, we report the offset for the non-service cost components in Corporate operating results. Corporate operating results in the first nine months of 2018 also included one-time charges of approximately $45 associated with the costs to complete the CSRA acquisition.
The following is additional summary financial information for each of our segments:
 
Capital Expenditures
Depreciation and Amortization
Nine Months Ended
September 30, 2018
October 1, 2017
September 30, 2018
October 1, 2017
Aerospace
$
142

$
87

$
112

$
112

Combat Systems
47

49

64

63

Information Technology
36

9

229

23

Mission Systems
39

34

49

43

Marine Systems
147

71

83

79

Corporate
36

23

5

6

Total
$
447

$
273

$
542

$
326


Identifiable assets for each of our segments follows:
 
September 30, 2018
 
December 31, 2017
Aerospace
$
11,444

 
$
10,126

Combat Systems
10,584

 
9,846

Information Technology
14,674

 
3,021

Mission Systems
6,093

 
5,856

Marine Systems
2,945

 
2,906

Corporate*
1,223

 
3,291

Total
$
46,963

 
$
35,046

* Corporate identifiable assets are primarily cash and equivalents.