XML 63 R45.htm IDEA: XBRL DOCUMENT v2.4.0.6
Summary of Financial Information for Each Business Segment (Detail) (USD $)
In Millions, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 24, 2012
Mar. 25, 2012
Dec. 31, 2011
Sep. 25, 2011
Jun. 26, 2011
Mar. 27, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Segment Reporting Information [Line Items]                      
Total net sales $ 12,099 $ 11,869 [1] $ 11,921 [1] $ 11,293 [1] $ 12,211 [1] $ 12,119 [1] $ 11,543 [1] $ 10,626 [1] $ 47,182 $ 46,499 $ 45,671
Operating profit 1,061 1,137 [1] 1,192 [1] 1,044 [1] 1,106 [1] 1,035 [1] 999 [1] 880 [1] 4,434 4,020 4,105
Severance and other charges           (39) (97)   (48) [2] (136) [2] (220) [2]
Other unallocated expenses, net                 (1,101) [3] (1,125) [3] (703) [3]
Total intersegment sales                 2,348 2,432 2,316
Total depreciation and amortization                 988 1,008 1,052
Expenditures for property, plant and equipment and capitalized software                 942 987 1,074
Total assets 38,657 [4]       37,908 [4]       38,657 [4] 37,908 [4]  
Total goodwill 10,370 [5]       10,148 [5]       10,370 [5] 10,148 [5]  
Total customer advances and amounts in excess of costs incurred 6,503       6,399       6,503 6,399  
Aeronautics
                     
Segment Reporting Information [Line Items]                      
Total net sales                 14,953 14,362 13,109
Operating profit                 1,699 1,630 1,498
Severance and other charges                 (25) (49)  
Total intersegment sales                 197 193 128
Total depreciation and amortization                 311 345 334
Expenditures for property, plant and equipment and capitalized software                 271 361 422
Total assets 6,525 [4]       5,752 [4]       6,525 [4] 5,752 [4]  
Total goodwill 146       146       146 146  
Total customer advances and amounts in excess of costs incurred 2,382       2,443       2,382 2,443  
Information Systems & Global Solutions
                     
Segment Reporting Information [Line Items]                      
Total net sales                 8,846 9,381 9,921
Operating profit                 808 874 814
Total intersegment sales                 838 864 912
Total depreciation and amortization                 92 83 106
Expenditures for property, plant and equipment and capitalized software                 78 71 67
Total assets 5,664 [4]       5,838 [4]       5,664 [4] 5,838 [4]  
Total goodwill 3,767       3,749       3,767 3,749  
Total customer advances and amounts in excess of costs incurred 323       350       323 350  
Missiles and Fire Control
                     
Segment Reporting Information [Line Items]                      
Total net sales                 7,457 7,463 6,930
Operating profit                 1,256 1,069 973
Total intersegment sales                 298 304 295
Total depreciation and amortization                 104 102 103
Expenditures for property, plant and equipment and capitalized software                 128 119 112
Total assets 4,186 [4]       4,096 [4]       4,186 [4] 4,096 [4]  
Total goodwill 2,485       2,481       2,485 2,481  
Total customer advances and amounts in excess of costs incurred 1,988       1,888       1,988 1,888  
Mission Systems and Training
                     
Segment Reporting Information [Line Items]                      
Total net sales                 7,579 7,132 7,443
Operating profit                 737 645 713
Severance and other charges                     (42)
Total intersegment sales                 908 958 857
Total depreciation and amortization                 179 174 183
Expenditures for property, plant and equipment and capitalized software                 158 161 176
Total assets 6,589 [4]       6,159 [4]       6,589 [4] 6,159 [4]  
Total goodwill 3,264       3,065       3,264 3,065  
Total customer advances and amounts in excess of costs incurred 1,335       1,326       1,335 1,326  
Space Systems
                     
Segment Reporting Information [Line Items]                      
Total net sales                 8,347 8,161 8,268
Operating profit                 1,083 1,063 1,030
Severance and other charges                   (48)  
Total intersegment sales                 107 113 124
Total depreciation and amortization                 191 199 212
Expenditures for property, plant and equipment and capitalized software                 167 192 205
Total assets 3,478 [4]       3,346 [4]       3,478 [4] 3,346 [4]  
Total goodwill 708       707       708 707  
Total customer advances and amounts in excess of costs incurred 475       392       475 392  
Total business segments
                     
Segment Reporting Information [Line Items]                      
Operating profit                 5,583 5,281 5,028
Total depreciation and amortization                 877 903 938
Expenditures for property, plant and equipment and capitalized software                 802 904 982
Total assets 26,442 [4]       25,191 [4]       26,442 [4] 25,191 [4]  
Corporate
                     
Segment Reporting Information [Line Items]                      
Total depreciation and amortization                 111 105 114
Expenditures for property, plant and equipment and capitalized software                 140 83 92
Total assets $ 12,215 [6]       $ 12,717 [6]       $ 12,215 [6] $ 12,717 [6]  
[1] Operating profit varies from the amounts previously reported on Forms 10-Q as a result of the reclassification of net gains from securities held in a separate trust from other non-operating income (expense), net to cost of sales in the fourth quarter of 2012 (Note 1).
[2] Severance and other charges include the severance charges recorded in 2012 associated with our Aeronautics business segment and the reorganization of our former Electronic Systems business segment; for 2011, include the severance charges associated with our Aeronautics, IS&GS, and Space Systems business segments, and Corporate Headquarters; and for 2010, include the charges related to the VESP and the facilities consolidation within our MST business segment (Note 13). Severance charges for initiatives that are not significant are included in business segment operating profit.
[3] Other unallocated expenses, net included the following (in millions): 2012 2011 2010 Non-cash FAS/CAS pension adjustment $ (830 ) $ (922 ) $ (454 ) Stock-based compensation (167 ) (157 ) (168 ) Other, net (104 ) (46 ) (81 ) Total $ (1,101 ) $ (1,125 ) $ (703 )
[4] We have no significant long-lived assets located in foreign countries.
[5] During 2012, the increase in goodwill primarily was due to the acquisitions of Chandler/May, CDL, and Procerus at our MST business segment (Note 14). During 2011, goodwill increased $543 million primarily due to the acquisitions of QTC at our IS&GS business segment and Sim-Industries at our MST business segment (Note 14). As a result of the previously discussed reorganization, the goodwill related to the former Electronic Systems business segment was reassigned on a relative fair value basis to the MFC, MST, and Space Systems business segments.
[6] Corporate assets primarily include cash and cash equivalents, deferred income taxes, environmental receivables, and investments held in a separate trust.