v2.3.0.11
Business Segment Information (Tables)
6 Months Ended
Jun. 26, 2011
Business Segment Information  
Schedule of Segment Reporting Information, by Segment
Quarter Ended     Six Months Ended  
     June 26,
2011
    June 27,
2010
    June 26,
2011
    June 27,
2010
 
     (In millions)  

Net sales

      

Aeronautics

   $ 3,423      $ 3,143      $ 6,605      $ 6,083   

Electronic Systems

     3,755        3,534        7,214        6,784   

Information Systems & Global Solutions

     2,361        2,522        4,510        4,756   

Space Systems

     2,012        2,081        3,855        3,994   
                                

Total (1)

   $ 11,551      $ 11,280      $ 22,184      $ 21,617   
                                

Operating profit

        

Aeronautics

   $ 400      $ 370      $ 731      $ 701   

Electronic Systems

     466        441        883        820   

Information Systems & Global Solutions

     213        210        407        407   

Space Systems

     263        246        480        453   
                                

Total business segments

     1,342        1,267        2,501        2,381   

Unallocated corporate expense, net

     (358     (152     (665     (328
                                

Total

   $ 984      $ 1,115      $ 1,836      $ 2,053   
                                

Intersegment revenue

        

Aeronautics

   $ 45      $ 35      $ 82      $ 74   

Electronic Systems

     255        232        504        449   

Information Systems & Global Solutions

     213        243        408        451   

Space Systems

     26        37        51        60   
                                

Total

   $ 539      $ 547      $ 1,045      $ 1,034   
                                
(1) Approximately 84% and 82% of our total net sales for the quarter and six months ended June 26, 2011 were made with the U.S. Government. The remainder of our total net sales primarily were made with international customers, including sales made to foreign governments through the U.S. Government (i.e., foreign military sales), which represented 15% of total net sales for the quarter and 17% for the six months ended June 26, 2011.

Approximately 85% of our total net sales for the quarter and six months ended June 27, 2010 were made with the U.S. Government. The remainder of our total net sales primarily were made with international customers, which represented 14% of total net sales for the quarter and six months ended June 27, 2010. These percentages are consistent with fiscal year 2010, during which international sales were 14% of total net sales.

 

     June 26,
2011
     December 31,
2010
 
     (In millions)  

Assets

     

Aeronautics

   $ 5,913       $ 5,231   

Electronic Systems

     9,991         9,925   

Information Systems & Global Solutions

     5,441         5,463   

Space Systems

     3,225         3,041   
                 

Total business segments

     24,570         23,660   

Corporate assets (1)

     11,148         11,057   

Assets of discontinued operation held for sale

     —           396   
                 

Total

   $ 35,718       $ 35,113