INFORMATION ON BUSINESS SEGMENTS (Tables)

3 Months Ended

Mar. 27, 2016

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


	Quarters Ended
	March 27, 2016		March 29, 2015
Net sales
Aeronautics	$	3,799	$	3,134
Information Systems & Global Solutions		1,334		1,390
Missiles and Fire Control		1,434		1,383
Mission Systems and Training		3,004		1,979
Space Systems		2,131		2,225
Total net sales	$	11,702	$	10,111

Operating profit
Aeronautics	$	420	$	371
Information Systems & Global Solutions		109		145
Missiles and Fire Control		221		286
Mission Systems and Training		229		180
Space Systems		244		324
Total business segment operating profit		1,223		1,306
Unallocated items
FAS/CAS pension adjustment
FAS pension expense		(254)		(284)
Less: CAS pension cost		500		403
FAS/CAS pension adjustment		246		119
Stock-based compensation		(44)		(40)
Severance charges		(99)		—
Other, net		(29)		(29)
Total unallocated items		74		50
Total consolidated operating profit	$	1,297	$	1,356

Intersegment sales
Aeronautics	$	35	$	20
Information Systems & Global Solutions		24		2
Missiles and Fire Control		75		74
Mission Systems and Training		445		319
Space Systems		33		33
Total intersegment sales	$	612	$	448

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


	March 27, 2016		December 31, 2015
Assets
Aeronautics	$	7,070	$	6,618
Information Systems & Global Solutions		4,112		4,206
Missiles and Fire Control		4,038		4,027
Mission Systems and Training		19,187		19,187
Space Systems		5,031		4,861
Total business segment assets		39,438		38,899
Corporate assets ^(a)		10,720		10,229
Total assets	$	50,158	$	49,128

^(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.