INFORMATION ON BUSINESS SEGMENTS (Tables)

3 Months Ended

Mar. 31, 2019

Summary Of Operating Results and Total Assets For Each Business Segment

Net sales by products and services, contract type, customer, and geographic region were as follows (in millions):



	Quarter Ended March 31, 2019
	Aeronautics		MFC		RMS		Space		Total
Net sales
Products	$	4,796	$	1,916	$	3,059	$	2,199	$	11,970
Services	788		434		703		441		2,366
Total net sales	$	5,584	$	2,350	$	3,762	$	2,640	$	14,336
Net sales by contract type
Fixed-price	$	4,170	$	1,535	$	2,619	$	523	$	8,847
Cost-reimbursable	1,414		815		1,143		2,117		5,489
Total net sales	$	5,584	$	2,350	$	3,762	$	2,640	$	14,336
Net sales by customer
U.S. Government	$	3,435	$	1,633	$	2,675	$	2,236	$	9,979
International ^(a)	2,095		670		995		395		4,155
U.S. commercial and other	54		47		92		9		202
Total net sales	$	5,584	$	2,350	$	3,762	$	2,640	$	14,336
Net sales by geographic region
United States	$	3,489	$	1,680	$	2,767	$	2,245	$	10,181
Asia Pacific	906		122		330		8		1,366
Europe	798		122		198		381		1,499
Middle East	337		413		285		6		1,041
Other	54		13		182		—		249
Total net sales	$	5,584	$	2,350	$	3,762	$	2,640	$	14,336



	Quarter Ended March 25, 2018
	Aeronautics		MFC		RMS		Space		Total
Net sales
Products	$	3,770	$	1,353	$	2,717	$	1,922	$	9,762
Services	628		324		506		415		1,873
Total net sales	$	4,398	$	1,677	$	3,223	$	2,337	$	11,635
Net sales by contract type
Fixed-price	$	3,215	$	1,112	$	2,208	$	400	$	6,935
Cost-reimbursable	1,183		565		1,015		1,937		4,700
Total net sales	$	4,398	$	1,677	$	3,223	$	2,337	$	11,635
Net sales by customer
U.S. Government	$	2,765	$	1,088	$	2,356	$	1,870	$	8,079
International ^(a)	1,577		554		781		456		3,368
U.S. commercial and other	56		35		86		11		188
Total net sales	$	4,398	$	1,677	$	3,223	$	2,337	$	11,635
Net sales by geographic region
United States	$	2,821	$	1,123	$	2,442	$	1,881	$	8,267
Asia Pacific	754		98		324		23		1,199
Europe	508		69		155		426		1,158
Middle East	257		380		171		7		815
Other	58		7		131		—		196
Total net sales	$	4,398	$	1,677	$	3,223	$	2,337	$	11,635


^(a)	International sales include foreign military sales (FMS) contracted through the U.S. Government and direct commercial sales to international governments and other international customers.

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



	March 31, 2019		December 31, 2018
Assets
Aeronautics	$	9,469	$	8,435
Missiles and Fire Control	5,678		5,017
Rotary and Mission Systems	18,914		18,333
Space	5,792		5,445
Total business segment assets	39,853		37,230
Corporate assets ^(a)	7,831		7,646
Total assets	$	47,684	$	44,876

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



	Quarters Ended
	March 31, 2019			March 25, 2018
Net sales
Aeronautics	$	5,584		$	4,398
Missiles and Fire Control	2,350			1,677
Rotary and Mission Systems	3,762			3,223
Space	2,640			2,337
Total net sales	$	14,336		$	11,635
Operating profit
Aeronautics	$	585		$	474
Missiles and Fire Control	417			261
Rotary and Mission Systems	379			311
Space	334			264
Total business segment operating profit	1,715			1,310
Unallocated items
FAS/CAS operating adjustment ^(a)	512			451
Stock-based compensation	(37		)	(38		)
Other, net	93			2
Total unallocated items	568			415
Total consolidated operating profit	$	2,283		$	1,725
Intersegment sales
Aeronautics	$	42		$	25
Missiles and Fire Control	121			95
Rotary and Mission Systems	580			461
Space	68			45
Total intersegment sales	$	811		$	626


^(a)	The FAS/CAS operating adjustment represents the difference between the service cost component of FAS pension expense and total pension costs recoverable on U.S. Government contracts as determined in accordance with CAS.

Our total net FAS/CAS pension adjustment for the quarters ended March 31, 2019 and March 25, 2018, including the service and non-service cost components of FAS pension expense for our qualified defined benefit pension plans, were as follows (in millions):



	Quarters Ended
	March 31, 2019			March 25, 2018
Total FAS expense and CAS costs
FAS pension expense	$	(273	)	$	(356	)
Less: CAS pension cost	641			608
Net FAS/CAS pension adjustment	$	368		$	252

Service and non-service cost reconciliation
FAS pension service cost	$	(129	)	$	(157	)
Less: CAS pension cost	641			608
FAS/CAS operating adjustment	512			451
Non-operating FAS pension cost^(a)	(144		)	(199		)
Net FAS/CAS pension adjustment	$	368		$	252

^(a)

The non-service cost components of net periodic benefit cost relate only to our qualified defined benefit pension plans. In addition to the non service cost components in the table above, we incurred similar costs for our other postretirement benefit plans of $30 million and $17 million for the quarters ended March 31, 2019 and March 25, 2018.