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Summary of Financial Information for Each Business Segment (Detail) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 27, 2015
Jun. 28, 2015
Mar. 29, 2015
Dec. 31, 2014
Sep. 28, 2014
Jun. 29, 2014
Mar. 30, 2014
Dec. 31, 2013
Mar. 31, 2013
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Segment Reporting Information [Line Items]                          
Total net sales $ 12,917 [1] $ 11,461 $ 11,643 $ 10,111 $ 12,530 $ 11,114 $ 11,306 $ 10,650     $ 46,132 $ 45,600 $ 45,358
Less: CAS pension cost [2]                     1,613 1,520 1,466
FAS/CAS pension income (expense)                     471 376 (482)
Goodwill impairment charges         (119)       $ (195)     (119) [3],[4] (195) [4]
Severance charges                   $ (30) (102) [5]   (201) [5]
Stock-based compensation                     (138) (164) (189)
Other, net [6],[7]                     (281) (89) (180)
Total unallocated items                     (50) 4 (1,247)
Operating profit 1,281 [1] $ 1,354 $ 1,445 $ 1,356 1,342 $ 1,392 $ 1,426 $ 1,432     5,436 5,592 4,505
Total depreciation and amortization                     1,026 994 990
Capitalized expenditures                     939 845 836
Total assets 49,128       37,046           49,128 37,046  
Total customer advances and amounts in excess of costs incurred 6,988       5,775           6,988 5,775  
Qualified defined benefit pension plans                          
Segment Reporting Information [Line Items]                          
FAS pension expense [8],[9]                     (1,142) (1,144) (1,948)
Information Systems & Global Solutions                          
Segment Reporting Information [Line Items]                          
Goodwill impairment charges [3]                       (119)  
Severance charges                     (35)   (83)
Mission Systems and Training                          
Segment Reporting Information [Line Items]                          
Severance charges                     (67)   (37)
Space Systems                          
Segment Reporting Information [Line Items]                          
Severance charges                         (81)
Goodwill by Segment                          
Segment Reporting Information [Line Items]                          
Operating profit                     5,486 5,588 5,752
Total depreciation and amortization                     928 887 883
Capitalized expenditures                     879 779 765
Total assets [10] 38,899       26,484           38,899 26,484  
Goodwill by Segment | Aeronautics                          
Segment Reporting Information [Line Items]                          
Total net sales                     15,570 14,920 14,123
Operating profit                     1,681 1,649 1,612
Total depreciation and amortization                     317 322 318
Capitalized expenditures                     387 283 271
Total assets [10] 6,618       6,042           6,618 6,042  
Total customer advances and amounts in excess of costs incurred 2,045       2,191           2,045 2,191  
Goodwill by Segment | Information Systems & Global Solutions                          
Segment Reporting Information [Line Items]                          
Total net sales                     5,596 5,654 6,115
Operating profit                     508 472 498
Total depreciation and amortization                     101 47 48
Capitalized expenditures                     31 18 33
Total assets [10] 4,206       4,268           4,206 4,268  
Total customer advances and amounts in excess of costs incurred 285       227           285 227  
Goodwill by Segment | Missiles and Fire Control                          
Segment Reporting Information [Line Items]                          
Total net sales                     6,770 7,092 6,795
Operating profit                     1,282 1,344 1,379
Total depreciation and amortization                     99 99 98
Capitalized expenditures                     120 142 128
Total assets [10] 4,027       3,977           4,027 3,977  
Total customer advances and amounts in excess of costs incurred 1,766       1,803           1,766 1,803  
Goodwill by Segment | Mission Systems and Training                          
Segment Reporting Information [Line Items]                          
Total net sales                     9,091 8,732 9,037
Operating profit                     844 936 1,065
Total depreciation and amortization                     203 175 194
Capitalized expenditures                     169 164 146
Total assets [10] 19,187       7,465           19,187 7,465  
Total customer advances and amounts in excess of costs incurred 2,415       1,148           2,415 1,148  
Goodwill by Segment | Space Systems                          
Segment Reporting Information [Line Items]                          
Total net sales                     9,105 9,202 9,288
Operating profit                     1,171 1,187 1,198
Total depreciation and amortization                     208 244 225
Capitalized expenditures                     172 172 187
Total assets [10] 4,861       4,732           4,861 4,732  
Total customer advances and amounts in excess of costs incurred 477       406           477 406  
Intersegment elimination                          
Segment Reporting Information [Line Items]                          
Total intersegment sales                     2,142 1,750 1,586
Intersegment elimination | Aeronautics                          
Segment Reporting Information [Line Items]                          
Total intersegment sales                     102 104 203
Intersegment elimination | Information Systems & Global Solutions                          
Segment Reporting Information [Line Items]                          
Total intersegment sales                     53 12 14
Intersegment elimination | Missiles and Fire Control                          
Segment Reporting Information [Line Items]                          
Total intersegment sales                     313 255 220
Intersegment elimination | Mission Systems and Training                          
Segment Reporting Information [Line Items]                          
Total intersegment sales                     1,529 1,243 1,030
Intersegment elimination | Space Systems                          
Segment Reporting Information [Line Items]                          
Total intersegment sales                     145 136 119
Corporate                          
Segment Reporting Information [Line Items]                          
Total depreciation and amortization                     98 107 107
Capitalized expenditures                     60 66 $ 71
Total assets [11] $ 10,229       $ 10,562           $ 10,229 $ 10,562  
[1] The fourth quarter of 2015 incorporates the results of Sikorsky from the November 6, 2015 acquisition date through December 31, 2015, including approximately $400 million in net sales and about $45 million in operating loss, inclusive of intangible amortization and adjustments required to account for the acquisition.
[2] The higher CAS pension cost primarily reflects the impact of phasing in CAS Harmonization.
[3] The impairment in 2014 relates to our Technical Services reporting unit within our IS&GS business segment (Note 1).
[4] We recognized non-cash goodwill impairment charges related to the Technical Services reporting unit within our MFC business segment in 2014 and 2013. See Note 1 for more information.
[5] See Note 15 for information on charges related to certain severance actions at our business segments. Severance charges for initiatives that are not significant are included in business segment operating profit.
[6] Other, net in 2015 includes a non-cash asset impairment charge of approximately $90 million related to our decision to divest Lockheed Martin Commercial Flight Training (LMCFT) in 2016. This charge was partially offset by a net deferred tax benefit of about $80 million, which is recorded in income tax expense. The net impact reduced net earnings by about $10 million.
[7] Other, net in 2015 includes approximately $45 million of non-recoverable transaction costs associated with the acquisition of Sikorsky and the strategic review of our government IT and technical services businesses.
[8] FAS pension expense in 2015 and 2014 was less than in 2013 primarily due to the June 2014 plan amendments to certain of our defined benefit pension plans to freeze future retirement benefits, partially offset by the impact of using new longevity assumptions (Note 11).
[9] Total net periodic benefit cost associated with our qualified defined benefit plans represents pension expense calculated in accordance with GAAP (FAS pension expense). We are required to calculate pension expense in accordance with both GAAP and CAS rules, each of which results in a different calculated amount of pension expense. The CAS pension cost is recovered through the pricing of our products and services on U.S. Government contracts and, therefore, is recognized in net sales and cost of sales for products and services. We include the difference between FAS pension expense and CAS pension cost, referred to as the FAS/CAS pension adjustment, as a component of other unallocated, net on our Statements of Earnings. The FAS/CAS pension adjustment, which was income of $471 million in 2015; income of $376 million in 2014; and expense of $482 million in 2013, effectively adjusts the amount of CAS pension cost in the business segment operating profit so that pension expense recorded on our Statements of Earnings is equal to FAS pension expense.
[10] We have no significant long-lived assets located in foreign countries.
[11] Corporate assets primarily include cash and cash equivalents, deferred income taxes, environmental receivables and investments held in a separate trust.