XML 35 R22.htm IDEA: XBRL DOCUMENT
v3.19.2

Segment Information | 6 Months Ended
--- | ---
Jun. 30, 2019
Segment Reporting [Abstract] |
Segment Information | SEGMENT INFORMATION We have five operating segments: Aerospace, Combat Systems, Information Technology, Mission Systems and Marine Systems. We organize our segments in accordance with the nature of products and services offered. We measure each segment’s profitability based on operating earnings. As a result, we do not allocate net interest, other income and expense items, and income taxes to our segments. Summary financial information for each of our segments follows:
| Revenue | Operating Earnings
Three Months Ended | June 30, 2019 | July 1, 2018 | June 30, 2019 | July 1, 2018
Aerospace | $ | 2,136 |  | $ | 1,895 |  | $ | 331 |  | $ | 386 |
Combat Systems | 1,659 |  | 1,534 |  | 242 |  | 236 |
Information Technology | 2,158 |  | 2,442 |  | 154 |  | 156 |
Mission Systems | 1,277 |  | 1,147 |  | 162 |  | 153 |
Marine Systems | 2,325 |  | 2,168 |  | 197 |  | 195 |
Corporate | — |  | — |  | 4 |  | (38 | )
Total | $ | 9,555 |  | $ | 9,186 |  | $ | 1,090 |  | $ | 1,088 |
Six Months Ended |  |  |  |
Aerospace | $ | 4,376 |  | $ | 3,720 |  | $ | 659 |  | $ | 732 |
Combat Systems | 3,295 |  | 2,974 |  | 448 |  | 460 |
Information Technology | 4,327 |  | 3,580 |  | 310 |  | 257 |
Mission Systems | 2,435 |  | 2,245 |  | 310 |  | 299 |
Marine Systems | 4,383 |  | 4,202 |  | 377 |  | 379 |
Corporate | — |  | — |  | — |  | (31 | )
Total | $ | 18,816 |  | $ | 16,721 |  | $ | 2,104 |  | $ | 2,096 |
Corporate operating results have two primary components: pension and other post-retirement benefit income, and stock option expense. We are required to report the non-service cost components of pension and other post-retirement benefit cost (e.g., interest cost) in other income (expense) in the Consolidated Statement of Earnings. As described in Note O, in our defense segments, pension and other post-retirement benefit costs are recoverable contract costs. Therefore, the non-service cost components are included in the operating results of these segments, but an offset is reported in Corporate.

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration