XML 27 R14.htm IDEA: XBRL DOCUMENT
v3.21.2

Inventories | 6 Months Ended
--- | ---
Jul. 04, 2021
Inventory Disclosure [Abstract] |
Inventories | INVENTORIESThe majority of our inventories are for business jet aircraft. Our inventories are stated at the lower of cost or net realizable value. Work in process represents largely labor, material and overhead costs associated with aircraft in the manufacturing process and is based primarily on the estimated average unit cost in a production lot. Raw materials are valued primarily on the first-in, first-out method. We record pre-owned aircraft acquired in connection with the sale of new aircraft at the lower of the trade-in value or the estimated net realizable value. Inventories consisted of the following:
| July 4, 2021 |  | December 31, 2020
Work in process | $ | 3,986 |  |  | $ | 3,990 |
Raw materials | 1,587 |  |  | 1,712 |
Finished goods | 28 |  |  | 30 |
Pre-owned aircraft | 202 |  |  | 13 |
Total inventories | $ | 5,803 |  |  | $ | 5,745 |

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

X
- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI http://asc.fasb.org/topic&trid=2126998 + Details
Name: | us-gaap_InventoryDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration