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BUSINESS DIVESTITURES AND ASSET SALES (Tables) | 9 Months Ended
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Sep. 30, 2022
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Business Divestitures and Asset Sales | The following table presents information regarding business divestitures completed during the three quarters ended October 1, 2021:
(In millions) | Business Segment Prior to Divestiture / Asset Sale(1) |  | Date of Divestiture / Asset Sale |  | Sale Price |  | Net Cash Proceeds(2)
CPS business(3) | Other non-reportable businesses(8) |  | July 2, 2021 |  | $ | 398 |  |  | $ | 347 |
Military training business(4) | Other non-reportable businesses(8) |  | July 2, 2021 |  | 1,050 |  |  | 1,059 |
VSE disposal group(5) | Other non-reportable businesses(8) |  | July 30, 2021(6) |  | 20 |  |  | 19 |
Electron Devices business(7) | Other non-reportable businesses(8) |  | October 1, 2021 |  | 185 |  |  | 173 |
|  |  |  |  | $ | 1,653 |  |  | $ | 1,598 |
_______________ (1)Business segment in which the operating results of each divested business were reported through the date of divestiture. (2)Net cash proceeds after selling costs and purchase price adjustments. (3)The Combat Propulsion Systems and related businesses (“CPS business”) engineered, designed and manufactured engines, transmissions, suspensions and turret drive systems for tracked and wheeled combat vehicle systems. (4)The military training business provided flight simulation solutions and training services to the U.S. Department of Defense and foreign military agencies. (5)The Voice Switch Enterprise disposal group (“VSE disposal group”) provided voice over internet protocol systems for air traffic management. (6)The sale of the VSE disposal group was partially closed on July 2, 2021, with the remainder divested on July 30, 2021. (7)The Electron Devices and Narda Microwave-West divisions (“Electron Devices business”) manufactured microwave devices for ground-based, airborne and satellite communications and radar. (8)Formerly our Aviation Systems segment. The following table presents the amount of significant income before income taxes attributable to businesses divested in our Condensed Consolidated Statement of Operations (Unaudited):
|  |  | Quarter Ended |  |  |  | Three Quarters Ended |  |  |
(In millions) |  |  | October 1, 2021 |  |  |  | October 1, 2021 |  |  |  |  |  |  |
Electron Devices business |  |  | $ | 11 |  |  |  |  | $ | 41 |  |  |  |  |  |  |  |
CPS business |  |  | — |  |  |  |  | 53 |  |  |  |  |  |  |  |
Military training business |  |  | — |  |  |  |  | 35 |  |  |  |  |  |  |  |
The “Business divestiture-related gains, net” line item in our Condensed Consolidated Statement of Operations (Unaudited) is comprised of the following pre-tax gains associated with businesses divested:
|  |  | Quarter Ended | Three Quarters Ended
(In millions) |  |  | October 1, 2021 |  |  |  | October 1, 2021
Electron Devices business |  |  | $ | 29 |  |  |  |  | $ | 29 |
VSE disposal group |  |  | (4) |  |  |  |  | (30) |
CPS business(1) |  |  | — |  |  |  |  | (19) |
Military training business |  |  | 2 |  |  |  |  | 214 |
Other |  |  | — |  |  |  |  | (2) |
Total business divestiture-related gains, net |  |  | $ | 27 |  |  |  |  | $ | 192 |
_______________ (1)During the quarter ended April 2, 2021, upon classifying the CPS business as held for sale, we recorded a non-cash impairment charge of $62 million, which is included in the “Impairment of goodwill and other assets” line item in our Condensed Consolidated Statement of Operations (Unaudited) for the three quarters ended October 1, 2021. See Note I — Goodwill and Other Intangible Assets in these Notes for additional information.

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