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Business Group Information
3 Months Ended
Apr. 01, 2012
Business Group Information [Abstract]  
Business Group Information

M. BUSINESS GROUP INFORMATION

We operate in four business groups: Aerospace, Combat Systems, Marine Systems and Information Systems and Technology. We organize and measure 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 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

   April 3, 2011      April 1, 2012      April 3, 2011     April 1, 2012  

Aerospace

   $ 1,353       $ 1,623       $ 230      $ 271   

Combat Systems

     1,955         1,911         277        203   

Marine Systems

     1,676         1,605         167        185   

Information Systems and Technology

     2,814         2,440         276        218   

Corporate*

     —           —           (21     (17
  

 

 

    

 

 

    

 

 

   

 

 

 
   $ 7,798       $ 7,579       $ 929      $ 860   
  

 

 

    

 

 

    

 

 

   

 

 

 

 

* Corporate operating results primarily consists of our stock option expense.