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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Aug. 31, 2014
Nov. 30, 2013
Current Assets    
Cash and cash equivalents $ 154.9 $ 197.6
Accounts receivable 214.7 214.1
Inventories 132.3 105.9
Recoverable from the U.S. government and other third parties for environmental remediation costs 20.1 20.4
Receivable from Northrop Grumman Corporation (“Northrop”) 6.0 6.0
Other receivables, prepaid expenses and other 26.7 22.4
Income taxes 13.4 12.6
Deferred income taxes 4.0 17.0
Total Current Assets 572.1 596.0
Noncurrent Assets    
Property, plant and equipment, net 370.6 374.7
Real estate held for entitlement and leasing 87.3 80.2
Recoverable from the U.S. government and other third parties for environmental remediation costs 83.6 88.7
Receivable from Northrop 74.0 72.0
Deferred income taxes 180.0 175.7
Goodwill 164.4 159.6
Intangible assets 125.6 135.7
Other noncurrent assets, net 92.1 72.7
Total Noncurrent Assets 1,177.6 1,159.3
Total Assets 1,749.7 1,755.3
Current Liabilities    
Short-term borrowings and current portion of long-term debt 5.5 2.9
Accounts payable 115.4 122.5
Reserves for environmental remediation costs 35.0 36.6
Postretirement medical and life insurance benefits 7.2 7.3
Advance payments on contracts 122.4 104.4
Other current liabilities 216.4 206.0
Total Current Liabilities 501.9 479.7
Noncurrent Liabilities    
Senior debt 95.0 42.5
Second-priority senior notes 460.0 460.0
Convertible subordinated notes 133.6 193.2
Other debt 89.4 0.6
Reserves for environmental remediation costs 133.6 134.7
Pension benefits 248.3 261.7
Postretirement medical and life insurance benefits 57.1 59.3
Other noncurrent liabilities 79.3 73.8
Total Noncurrent Liabilities 1,296.3 1,225.8
Total Liabilities 1,798.2 1,705.5
Commitments and contingencies (Note 8)      
Redeemable common stock, par value of $0.10; less than 0.1 million shares issued and outstanding as of August 31, 2014 and November 30, 2013 0.2 0.2
Shareholders’ (Deficit) Equity    
Preference stock, par value of $1.00; 15.0 million shares authorized; none issued or outstanding 0 0
Common stock, par value of $0.10; 150.0 million shares authorized; 56.9 million shares issued and outstanding as of August 31, 2014; 59.9 million shares issued and outstanding as of November 30, 2013 5.9 5.9
Other capital 285.4 280.1
Treasury stock at cost, 3.5 million shares as of August 31, 2014 (64.5) 0
Accumulated deficit (75.8) (14.0)
Accumulated other comprehensive loss, net of income taxes (199.7) (222.4)
Total Shareholders’ (Deficit) Equity (48.7) 49.6
Total Liabilities, Redeemable Common Stock and Shareholders’ (Deficit) Equity $ 1,749.7 $ 1,755.3