Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Apr. 02, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill by Business Segments

The assignment of goodwill by business segment, and changes in the carrying amount of goodwill by business segment, were as follows:


(In millions)	Integrated Mission Systems		Space and Airborne Systems		Communication Systems		Aviation Systems		Total

Balance at January 1, 2021	$	6,499	$	5,232	$	4,153	$	2,992	$	18,876
Goodwill decrease from divestitures(1)	—		—		—		(538)		(538)

Impairment of goodwill	—		—		—		(62)		(62)
Currency translation adjustments	(5)		(14)		—		(5)		(24)

Balance at April 2, 2021	$	6,494	$	5,218	$	4,153	$	2,387	$	18,252

Balance at January 3, 2020	$	5,768	$	5,131	$	4,243	$	4,859	$	20,001
Goodwill decrease from divestitures(1)	—		(2)		(9)		(588)		(599)
Impairment of goodwill	—		(5)		—		(296)		(301)
Currency translation adjustments	(2)		(9)		(3)		(10)		(24)
Other (including adjustments to previously estimated fair value of assets acquired and liabilities assumed)	22		55		38		73		188
Balance at April 3, 2020	$	5,788	$	5,170	$	4,269	$	4,038	$	19,265

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(1)During the quarters ended April 2, 2021 and April 3, 2020, we assigned $538 million and $599 million, respectively, of goodwill associated with pending divestitures to “Assets of disposal groups held for sale” in our Condensed Consolidated Balance Sheet (Unaudited). See Note B — Business Divestitures in these Notes for additional information.

Schedule of Identifiable Intangible Assets Subject to Amortization

Identifiable intangible assets are summarized below:


	April 2, 2021						January 1, 2021
(In millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount(1)		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount

Customer relationships	$	6,320	$	1,323	$	4,997	$	6,863	$	1,257	$	5,606
Developed technologies	634		273		361		653		261		392
Contract backlog	16		14		2		19		17		2
Trade names — divisions	130		49		81		129		45		84
Other	3		3		—		3		3		—
Total identifiable intangible assets subject to amortization	7,103		1,662		5,441		7,667		1,583		6,084
In-process research and development	21		—		21		21		—		21
Trade names — corporate	1,803		—		1,803		1,803		—		1,803
Total identifiable intangible assets	$	8,927	$	1,662	$	7,265	$	9,491	$	1,583	$	7,908

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(1)During the quarter ended April 2, 2021, we reclassified $486 million of intangible assets associated with pending divestitures to “Assets of disposal groups held for sale” in our Consolidated Condensed Balance Sheet (Unaudited). See Note B — Business Divestitures in these Notes for additional information regarding divestitures.

Schedule of Identifiable Intangible Assets Not Subject to Amortization

Identifiable intangible assets are summarized below:


	April 2, 2021						January 1, 2021
(In millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount(1)		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount

Customer relationships	$	6,320	$	1,323	$	4,997	$	6,863	$	1,257	$	5,606
Developed technologies	634		273		361		653		261		392
Contract backlog	16		14		2		19		17		2
Trade names — divisions	130		49		81		129		45		84
Other	3		3		—		3		3		—
Total identifiable intangible assets subject to amortization	7,103		1,662		5,441		7,667		1,583		6,084
In-process research and development	21		—		21		21		—		21
Trade names — corporate	1,803		—		1,803		1,803		—		1,803
Total identifiable intangible assets	$	8,927	$	1,662	$	7,265	$	9,491	$	1,583	$	7,908

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Schedule of Future Estimated Amortization Expense For Identifiable Intangible Assets

Future estimated amortization expense for identifiable intangible assets subject to amortization is as follows:


	(In millions)

Year 1	$	628
Year 2	625
Year 3	612
Year 4	570
Year 5	521
Thereafter	2,485
Total	$	5,441