INFORMATION ON BUSINESS SEGMENTS (Tables)

6 Months Ended

Jun. 28, 2015

Summary operating results for each of our business segments were as follows (in millions):


	Quarters Ended								Six Months Ended
	June 28, 2015				June 29, 2014				June 28, 2015				June 29, 2014
Net sales
Aeronautics		$	4,131			$	3,855			$	7,265			$	7,241
Information Systems & Global Solutions			1,898				1,941				3,767				3,851
Missiles and Fire Control			1,777				1,891				3,280				3,758
Mission Systems and Training			1,808				1,771				3,459				3,399
Space Systems			2,029				1,848				3,983				3,707
Total net sales		$	11,643			$	11,306			$	21,754			$	21,956

Operating profit
Aeronautics		$	444			$	453			$	815			$	846
Information Systems & Global Solutions			160				175				296				349
Missiles and Fire Control			303				345				595				703
Mission Systems and Training			234				185				453				435
Space Systems			259				248				547				502
Total business segment operating profit			1,400				1,406				2,706				2,835
Unallocated items
FAS/CAS pension adjustment
FAS pension expense			(284	)			(314	)			(568	)			(627	)
Less: CAS pension cost			404				399				807				798
FAS/CAS pension adjustment			120				85				239				171
Stock-based compensation			(49	)			(49	)			(89	)			(97	)
Other, net			(26	)			(16	)			(55	)			(51	)
Total unallocated items			45				20				95				23
Total consolidated operating profit		$	1,445			$	1,426			$	2,801			$	2,858

Intersegment sales
Aeronautics		$	25			$	30			$	44			$	57
Information Systems & Global Solutions			180				172				365				348
Missiles and Fire Control			99				76				189				163
Mission Systems and Training			353				298				645				613
Space Systems			31				26				60				53
Total intersegment sales		$	688			$	602			$	1,303			$	1,234

Total assets for each of our business segments were as follows (in millions):


	June 28, 2015			December 31, 2014
Assets
Aeronautics		$	6,910		$	6,021
Information Systems & Global Solutions			6,123			6,228
Missiles and Fire Control			4,147			4,050
Mission Systems and Training			6,504			6,277
Space Systems			4,045			3,914
Total business segment assets			27,729			26,490
Corporate assets ^(a)			12,119			10,583
Total assets		$	39,848		$	37,073

^(a)	Corporate assets primarily include cash and cash equivalents, deferred income taxes, environmental receivables and investments held in a separate trust to fund certain of our non-qualified deferred compensation plans.