Information On Business Segments (Tables)

12 Months Ended

Dec. 31, 2011

Information On Business Segments [Abstract]

Schedule Of Segment Reporting Information, By Segment

Selected Financial Data by Business Segment

(In millions)	2011			2010			2009
Net sales
Aeronautics	$	14,362		$	13,109		$	11,988
Electronic Systems		14,622			14,399			13,630
Information Systems & Global Solutions		9,381			9,921			9,599
Space Systems		8,134			8,242			8,650
Total	$	46,499		$	45,671		$	43,867
Operating profit (a)
Aeronautics	$	1,630		$	1,498		$	1,567
Electronic Systems		1,788			1,748			1,648
Information Systems & Global Solutions		874			814			874
Space Systems		989			968			967
Total business segments		5,281			5,028			5,056
Severance and other charges (b)		(136	)		(220	)		—
Other unallocated corporate expense, net (c)		(1,165	)		(759	)		(689	)
Operating profit	$	3,980		$	4,049		$	4,367
Intersegment revenue
Aeronautics	$	193		$	128		$	210
Electronic Systems		1,095			988			856
Information Systems & Global Solutions		864			912			827
Space Systems		113			124			122
Total	$	2,265		$	2,152		$	2,015
Depreciation and amortization
Aeronautics	$	345		$	334		$	304
Electronic Systems		276			286			287
Information Systems & Global Solutions		83			106			119
Space Systems		199			212			209
Total business segments		903			938			919
Corporate activities		105			114			95
Total	$	1,008		$	1,052		$	1,014
Expenditures for property, plant and equipment and capitalized software
Aeronautics	$	361		$	422		$	436
Electronic Systems		280			288			290
Information Systems & Global Solutions		71			67			66
Space Systems		192			205			232
Total business segments		904			982			1,024
Corporate activities		83			92			142
Total	$	987		$	1,074		$	1,166

^(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

^(b)  Severance and other charges include the severance charges recorded in 2011 associated with Aeronautics, IS&GS, and Space Systems business segments, and Corporate Headquarters, and for 2010, included the charges related to the VESP and facilities consolidation within Electronic Systems (Note 2).

^(c) Other unallocated corporate expense, net included the following:

(In millions)	2011			2010			2009
Non-cash FAS/CAS pension adjustment	$	(922	)	$	(454	)	$	(456	)
Stock-based compensation and other, net		(243	)		(305	)		(233	)
Total	$	(1,165	)	$	(759	)	$	(689	)

Net Sales By Customer Category

Net Sales by Customer Category

(In millions)	2011		2010		2009
U.S. Government
Aeronautics	$	10,749	$	10,623	$	9,966
Electronic Systems		10,662		10,749		9,864
Information Systems & Global Solutions		8,769		9,488		9,156
Space Systems		7,821		8,000		8,401
Total	$	38,001	$	38,860	$	37,387
International (a)
Aeronautics	$	3,577	$	2,458	$	1,973
Electronic Systems		3,883		3,562		3,664
Information Systems & Global Solutions		464		320		267
Space Systems		144		97		241
Total	$	8,068	$	6,437	$	6,145
U.S. Commercial and Other
Aeronautics	$	36	$	28	$	49
Electronic Systems		77		88		102
Information Systems & Global Solutions		148		113		176
Space Systems		169		145		8
Total	$	430	$	374	$	335
Total net sales	$	46,499	$	45,671	$	43,867

^(a)  Sales made to foreign governments through the U.S. Government (i.e., foreign military sales) are included in the "International" category.

Selected Financial Data By Business Segment

(In millions)	2011		2010
Assets (a)
Aeronautics	$	5,752	$	5,231
Electronic Systems		10,480		9,925
Information Systems & Global Solutions		5,838		5,463
Space Systems		3,121		3,041
Total business segments		25,191		23,660
Corporate assets (b)		12,717		11,057
Assets of discontinued operation held for sale		—		396
Total	$	37,908	$	35,113
Goodwill
Aeronautics	$	146	$	148
Electronic Systems		5,760		5,601
Information Systems & Global Solutions		3,749		3,363
Space Systems		493		493
Total (c)	$	10,148	$	9,605
Customer advances and amounts in excess of costs incurred
Aeronautics	$	2,443	$	2,774
Electronic Systems		3,214		2,491
Information Systems & Global Solutions		350		284
Space Systems		392		341
Total	$	6,399	$	5,890

^(a)  We have no significant long-lived assets located in foreign countries.

^(b)  Corporate assets primarily include cash and cash equivalents, short-term investments, deferred income taxes, environmental receivables, and investments held in a Rabbi Trust.

^(c)  During 2011, the increase in goodwill primarily was due to the acquisition of QTC and Sim-Industries B.V. In 2010, goodwill decreased primarily due to the sale of Enterprise Integration Group (EIG) and the reclassification of Pacific Architects and Engineers, Inc.'s (PAE) assets and liabilities to discontinued operations in 2010 (Note 14).