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Consolidated Statements Of Earnings (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Net Sales      
Products $ 36,925 $ 36,380 $ 35,689
Services 9,574 9,291 8,178
Total net sales 46,499 45,671 43,867
Cost of Sales      
Products (32,968) (32,539) (31,643)
Services (8,514) (8,382) (7,406)
Severance and other charges (136) (220)  
Other unallocated corporate costs (1,177) (742) (671)
Total cost of sales (42,795) (41,883) (39,720)
Gross profit 3,704 3,788 4,147
Other income, net 276 261 220
Operating Profit 3,980 [1] 4,049 [1] 4,367 [1]
Interest expense (354) (345) (308)
Other non-operating income, net 5 74 123
Earnings from continuing operations before income taxes 3,631 3,778 4,182
Income tax expense (964) (1,164) (1,215)
Net earnings from continuing operations 2,667 2,614 2,967
Net earnings (loss) from discontinued operations (12) 264 6
Net Earnings $ 2,655 $ 2,878 $ 2,973
Basic      
Continuing operations $ 7.94 $ 7.18 $ 7.71
Discontinued operations $ (0.04) $ 0.72 $ 0.02
Basic earnings per common share $ 7.90 $ 7.90 $ 7.73
Diluted      
Continuing operations $ 7.85 $ 7.10 $ 7.63
Discontinued operations $ (0.04) $ 0.71 $ 0.01
Diluted earnings per common share $ 7.81 $ 7.81 $ 7.64
[1] (a) Operating profit included equity in net earnings (losses) of equity investees as follows: (In millions) 2011 2010 2009 Aeronautics $ 7 $ 7 $ 9 Electronic Systems 64 50 53 Space Systems 227 259 218 Total business segments 298 316 280 Corporate activities 34 (4 ) (2 ) Total $ 332 $ 312 $ 278