Goodwill and Intangible Assets (Tables)

6 Months Ended

Jul. 02, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Carrying Amount of Goodwill By Reporting Unit

The changes in the carrying amount of goodwill by reporting unit were as follows:

	Aerospace		Marine Systems		Combat Systems		Technologies		Total Goodwill
December 31, 2022 (a)	$	3,019	$	297	$	2,766	$	14,252	$	20,334
Acquisitions (b)	—		—		—		16		16
Other (c)	56		—		29		8		93
July 2, 2023 (a)	$	3,075	$	297	$	2,795	$	14,276	$	20,443

(a)Goodwill in the Technologies reporting unit was net of $1.8 billion of accumulated impairment losses.

(b)Included adjustments during the purchase price allocation period.

(c)Consisted primarily of adjustments for foreign currency translation.

Intangible Assets

Intangible assets consisted of the following:

	Gross Carrying Amount (a)		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount (a)		Accumulated Amortization		Net Carrying Amount
	July 2, 2023						December 31, 2022
Contract and program intangible assets (b)	$	3,252	$	(1,783)	$	1,469	$	3,247	$	(1,688)	$	1,559
Trade names and trademarks	511		(263)		248		496		(248)		248
Technology and software	65		(50)		15		64		(48)		16
Other intangible assets	64		(64)		—		64		(63)		1
Total intangible assets	$	3,892	$	(2,160)	$	1,732	$	3,871	$	(2,047)	$	1,824

(a)Changes in gross carrying amounts consisted primarily of adjustments for foreign currency translation.

(b)Consisted of acquired backlog and probable follow-on work and associated customer relationships.