Condensed Consolidating Financial Statements (Tables)

3 Months Ended

9 Months Ended

12 Months Ended

Oct. 02, 2011

Oct. 02, 2011

Dec. 31, 2010

Condensed Consolidating Financial Statements [Abstract]

Condensed Consolidating Statement Of Earnings

Three Months Ended October 3, 2010	Parent			Guarantors on a Combined Basis			Other Subsidiaries on a Combined Basis		Consolidating Adjustments			Total Consolidated
Revenues	$	—		$	6,517		$	1,494	$	—		$	8,011
Cost of sales		2			5,352			1,210		—			6,564
General and administrative expenses		20			357			104		—			481
Operating earnings		(22	)		808			180		—			966
Interest expense		(38	)		(1	)		—		—			(39	)
Interest income		—			(1	)		2		—			1
Other, net		1			(1	)		—		—			—
Earnings from continuing operations before income taxes		(59	)		805			182		—			928
Provision for income taxes		(22	)		272			29		—			279
Discontinued operations, net of tax		—			—			1		—			1
Equity in net earnings of subsidiaries		687			—			—		(687	)		—
Net earnings	$	650		$	533		$	154	$	(687	)	$	650
Three Months Ended October 2, 2011
Revenues	$	—		$	6,262		$	1,591	$	—		$	7,853
Cost of sales		(2	)		5,059			1,306		—			6,363
General and administrative expenses		23			368			101		—			492
Operating earnings		(21	)		835			184		—			998
Interest expense		(40	)		(1	)		—		—			(41	)
Interest income		1			2			—		—			3
Other, net		1			(12	)		3		—			(8	)
Earnings from continuing operations before income taxes		(59	)		824			187		—			952
Provision for income taxes		(21	)		267			41		—			287
Discontinued operations, net of tax		(13	)		—			—		—			(13	)
Equity in net earnings of subsidiaries		703			—			—		(703	)		—
Net earnings	$	652		$	557		$	146	$	(703	)	$	652

Nine Months Ended October 3, 2010	Parent			Guarantors on a Combined Basis			Other Subsidiaries on a Combined Basis			Consolidating Adjustments			Total Consolidated
Revenues	$	—		$	19,665		$	4,200		$	—		$	23,865
Cost of sales		—			16,086			3,465			—			19,551
General and administrative expenses		61			1,098			286			—			1,445
Operating earnings		(61	)		2,481			449			—			2,869
Interest expense		(129	)		(1	)		(1	)		—			(131	)
Interest income		2			2			3			—			7
Other, net		2			(1	)		1			—			2
Earnings from continuing operations before income taxes		(186	)		2,481			452			—			2,747
Provision for income taxes		(63	)		816			95			—			848
Discontinued operations, net of tax		—			—			(4	)		—			(4	)
Equity in net earnings of subsidiaries		2,018			—			—			(2,018	)		—
Net earnings	$	1,895		$	1,665		$	353		$	(2,018	)	$	1,895
Nine Months Ended October 2, 2011
Revenues	$	—		$	19,007		$	4,523		$	—		$	23,530
Cost of sales		(7	)		15,399			3,756			—			19,148
General and administrative expenses		67			1,118			321			—			1,506
Operating earnings		(60	)		2,490			446			—			2,876
Interest expense		(112	)		(3	)		—			—			(115	)
Interest income		8			3			1			—			12
Other, net		2			30			2			—			34
Earnings from continuing operations before income taxes		(162	)		2,520			449			—			2,807
Provision for income taxes		(53	)		790			121			—			858
Discontinued operations, net of tax		(26	)		—			—			—			(26	)
Equity in net earnings of subsidiaries		2,058			—			—			(2,058	)		—
Net earnings	$	1,923		$	1,730		$	328		$	(2,058	)	$	1,923

Condensed Consolidating Balance Sheet

October 2, 2011	Parent			Guarantors on a Combined Basis			Other Subsidiaries on a Combined Basis			Consolidating Adjustments			Total Consolidated
ASSETS
Current assets:
Cash and equivalents	$	682		$	—		$	858		$	—		$	1,540
Accounts receivable		—			1,521			2,598			—			4,119
Contracts in process		287			3,150			1,700			—			5,137
Inventories
Work in process		—			1,391			33			—			1,424
Raw materials		—			840			153			—			993
Finished goods		—			50			39			—			89
Other current assets		343			175			220			—			738
Total current assets		1,312			7,127			5,601			—			14,040
Noncurrent assets:
Property, plant and equipment		152			4,907			1,167			—			6,226
Accumulated depreciation of PP&E		(47	)		(2,558	)		(558	)		—			(3,163	)
Intangible assets		—			1,864			1,642			—			3,506
Accumulated amortization of intangible assets		—			(1,000	)		(462	)		—			(1,462	)
Goodwill		—			9,140			4,314			—			13,454
Other assets		233			200			374			—			807
Investment in subsidiaries		32,562			—			—			(32,562	)		—
Total noncurrent assets		32,900			12,553			6,477			(32,562	)		19,368
Total assets	$	34,212		$	19,680		$	12,078		$	(32,562	)	$	33,408
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Short-term debt	$	200		$	20		$	2		$	—		$	222
Customer advances and deposits		—			2,197			2,493			—			4,690
Other current liabilities		442			3,442			1,686			—			5,570
Total current liabilities		642			5,659			4,181			—			10,482
Noncurrent liabilities:
Long-term debt		3,895			9			3			—			3,907
Other liabilities		2,812			1,995			593			—			5,400
Total noncurrent liabilities		6,707			2,004			596			—			9,307
Intercompany		13,244			(13,833	)		589			—			—
Shareholders' equity:
Common stock, including surplus		2,335			6,852			1,897			(8,749	)		2,335
Retained earnings		18,483			19,880			3,888			(23,768	)		18,483
Treasury stock		(5,758	)		—			—			—			(5,758	)
Accumulated other comprehensive loss		(1,441	)		(882	)		927			(45	)		(1,441	)
Total shareholders' equity		13,619			25,850			6,712			(32,562	)		13,619
Total liabilities and shareholders' equity	$	34,212		$	19,680		$	12,078		$	(32,562	)	$	33,408

December 31, 2010	Parent			Guarantors on a Combined Basis			Other Subsidiaries on a Combined Basis			Consolidating Adjustments			Total Consolidated
ASSETS
Current assets:
Cash and equivalents	$	1,608		$	—		$	1,005		$	—		$	2,613
Accounts receivable		—			1,538			2,310			—			3,848
Contracts in process		263			3,205			1,405			—			4,873
Inventories
Work in process		—			1,090			34			—			1,124
Raw materials		—			808			157			—			965
Finished goods		—			36			33			—			69
Other current assets		143			147			404			—			694
Total current assets		2,014			6,824			5,348			—			14,186
Noncurrent assets:
Property, plant and equipment		147			4,687			1,125			—			5,959
Accumulated depreciation of PP&E		(42	)		(2,448	)		(498	)		—			(2,988	)
Intangible assets		—			1,664			1,623			—			3,287
Accumulated amortization of intangible assets		—			(920	)		(375	)		—			(1,295	)
Goodwill		—			8,322			4,327			—			12,649
Other assets		183			172			392			—			747
Investment in subsidiaries		30,580			—			—			(30,580	)		—
Total noncurrent assets		30,868			11,477			6,594			(30,580	)		18,359
Total assets	$	32,882		$	18,301		$	11,942		$	(30,580	)	$	32,545
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Short-term debt	$	749		$	21		$	3		$	—		$	773
Customer advances and deposits		—			2,182			2,283			—			4,465
Other current liabilities		596			3,397			1,946			—			5,939
Total current liabilities		1,345			5,600			4,232			—			11,177
Noncurrent liabilities:
Long-term debt		2,396			29			5			—			2,430
Other liabilities		2,774			2,242			606			—			5,622
Total noncurrent liabilities		5,170			2,271			611			—			8,052
Intercompany		13,051			(13,626	)		575			—			—
Shareholders' equity:
Common stock, including surplus		2,211			6,786			2,360			(9,146	)		2,211
Retained earnings		17,076			18,175			3,097			(21,272	)		17,076
Treasury stock		(4,535	)		—			—			—			(4,535	)
Accumulated other comprehensive loss		(1,436	)		(905	)		1,067			(162	)		(1,436	)
Total shareholders' equity		13,316			24,056			6,524			(30,580	)		13,316
Total liabilities and shareholders' equity	$	32,882		$	18,301		$	11,942		$	(30,580	)	$	32,545

Condensed Consolidating Statement Of Cash Flows

Nine Months Ended October 3, 2010	Parent			Guarantors on a Combined Basis			Other Subsidiaries on a Combined Basis			Consolidating Adjustments		Total Consolidated
Net cash provided by operating activities	$	(399	)	$	1,893		$	73		$	—	$	1,567
Cash flows from investing activities:
Maturities of held-to-maturity securities		267			—			332			—		599
Purchases of held-to-maturity securities		(221	)		—			(231	)		—		(452	)
Business acquisitions, net of cash acquired		—			(163	)		(70	)		—		(233	)
Other, net		(19	)		(112	)		(44	)		—		(175	)
Net cash used by investing activities		27			(275	)		(13	)		—		(261	)
Cash flows from financing activities:
Purchases of common stock		(726	)		—			—			—		(726	)
Repayment of fixed-rate notes		(700	)		—			—			—		(700	)
Dividends paid		(471	)		—			—			—		(471	)
Other, net		178			(1	)		(2	)		—		175
Net cash used by financing activities		(1,719	)		(1	)		(2	)		—		(1,722	)
Net cash used by discontinued operations		—			—			(4	)		—		(4	)
Cash sweep/funding by parent		1,826			(1,617	)		(209	)		—		—
Net decrease in cash and equivalents		(265	)		—			(155	)		—		(420	)
Cash and equivalents at beginning of period		1,406			—			857			—		2,263
Cash and equivalents at end of period	$	1,141		$	—		$	702		$	—	$	1,843
Nine Months Ended October 2, 2011
Net cash provided by operating activities	$	(309	)	$	1,708		$	(187	)	$	—	$	1,212
Cash flows from investing activities:
Business acquisitions, net of cash acquired		—			(1,143	)		—			—		(1,143	)
Purchases of held-to-maturity securities		(428	)		—			—			—		(428	)
Maturities of held-to-maturity securities		215			—			107			—		322
Purchases of available-for-sale securities		(264	)		(86	)		—			—		(350	)
Other, net		232			(39	)		(51	)		—		142
Net cash used by investing activities		(245	)		(1,268	)		56			—		(1,457	)
Cash flows from financing activities:
Proceeds from fixed-rate notes		1,497			—			—			—		1,497
Purchases of common stock		(1,449	)		—			—			—		(1,449	)
Repayment of fixed-rate notes		(750	)		—			—			—		(750	)
Dividends paid		(504	)		—			—			—		(504	)
Net proceeds from commercial paper		200			—			—			—		200
Other, net		203			(20	)		(3	)		—		180
Net cash used by financing activities		(803	)		(20	)		(3	)		—		(826	)
Net cash used by discontinued operations		—			—			(2	)		—		(2	)
Cash sweep/funding by parent		431			(420	)		(11	)		—		—
Net decrease in cash and equivalents		(926	)		—			(147	)		—		(1,073	)
Cash and equivalents at beginning of period		1,608			—			1,005			—		2,613
Cash and equivalents at end of period	$	682		$	—		$	858		$	—	$	1,540