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Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Schedule of Changes In Accumulated Other Comprehensive Income By Components The following table displays the changes in accumulated other comprehensive income (loss), net of taxes, in the amount of $7,292 and $15,471, for the years ended December 31, 2018 and December 31, 2017, respectively, by components:
 
 
 
Unrealized gains (losses) on derivative instruments
 
Unrealized gains (losses) on available-for-sale marketable securities
 
Pension and post-retirement benefit plans
 
Foreign currency translation differences
 
Total
Balance as of January 1, 2018
 
$
(6,963
)
 
$
11

 
$
(47,469
)
 
$
(33,231
)
 
$
(87,652
)
Other comprehensive income (loss) before reclassifications
 
(5,357
)
 
—

 
3,321

 
(19,056
)
 
(21,092
)
Amount reclassified from accumulated other comprehensive income (loss)
 
9,162

 
(11
)
 
4,649

 
—

 
13,800

Net current-period other comprehensive income (loss)
 
3,805

 
(11
)
 
7,970

 
(19,056
)
 
(7,292
)
Balance as of December 31, 2018
 
$
(3,158
)
 
$
—

 
$
(39,499
)
 
$
(52,287
)
 
$
(94,944
)

 
 
Unrealized gains (losses) on derivative instruments
 
Unrealized gains (losses) on available-for-sale marketable securities
 
Pension and post-retirement benefit plans
 
Foreign currency translation differences
 
Total
Balance as of January 1, 2017
 
$
15,261

 
$
17

 
$
(46,807
)
 
$
(40,652
)
 
$
(72,181
)
Other comprehensive income (loss)
 before reclassifications
 
25,306

 
—

 
(4,441
)
 
7,421

 
28,286

Amount reclassified from accumulated other comprehensive income (loss)
 
(47,530
)
 
(6
)
 
3,779

 
—

 
(43,757
)
Net current-period other comprehensive income (loss)
 
(22,224
)
 
(6
)
 
(662
)
 
7,421

 
(15,471
)
Balance as of December 31, 2017
 
$
(6,963
)
 
$
11

 
$
(47,469
)
 
$
(33,231
)
 
$
(87,652
)
Schedule Of Estimated Useful Life Of Assets Depreciation is calculated by the straight-line method over the estimated useful life of the assets at the following annual rates:

 
%
 
 
Buildings and leasehold improvements (*)
2-25
 
 
Instruments, machinery and equipment
5-33
 
 
Office furniture and other
7-33
 
 
Motor vehicles
6-20
 
(Mainly 15%)


(*) 
Leasehold improvements are amortized generally over the term of the lease or the useful life of the assets, whichever is shorter. 
Schedule of Disaggregation of Revenue Disaggregation of revenue:

Revenue by products and services was as follows:
 
Year ended December 31, 2018
Revenue from sale of products
$
3,352,602

Service revenue
331,082

 
$
3,683,684


Revenue by transfer type was as follows:
 
Year ended December 31, 2018
Over time
$
3,037,223

Point in time
646,461

 
$
3,683,684


Revenue by customers was as follows:
 
Year ended December 31, 2018
Israel Government Authorities (1,2)
$
685,680

US Government (2)
635,150

Other Governments
2,004,947

Commercial sales and other
357,907

 
$
3,683,684

(1) Including U.S. Foreign Military Financing Sales
(2) Including indirect sales
Schedule Of Warranty Liability Changes in the Company’s provision for warranty, which is included mainly in other payables and accrued expenses in the balance sheet, are as follows:
 
2018
 
2017
Balance, at January 1
$
198,226

 
$
245,728

Cumulative effect from adopting ASC 606
337

 
—

Warranties issued during the year
64,723

 
75,819

Reduction due to expired warranties or claims during the year
(84,593
)
 
(126,068
)
Deconsolidation of subsidiary
(369
)
 
—

Additions resulting from acquisitions
41,371

 
2,747

Balance, at December 31
$
219,695

 
$
198,226
Schedule Of Assets And Liabilities Measured At Fair Value On Recurring Basis Assets and liabilities measured at fair value on a recurring basis are summarized below:
 
Fair value measurement at
 
December 31, 2018 using
 
Quoted Prices
in Active
Markets for
Identical Assets
 (Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Description of Assets
 
 
 
 
 
Available-for-sale marketable securities:
 
 
 
 
 
Foreign currency derivatives and option contracts
$
—

 
$
22,549

 
$
—

Cross-currency interest rate swap
—

 
4,378

 
—

Investment elected to be accounted for using the fair value method(*)
—

 
—

 
46,858

Liabilities
 

 
 

 
 

Foreign currency derivative and option contracts
—

 
(23,936
)
 
—

Total
$
—

 
$
2,991

 
$
46,858

(*) See Note 6C.
 
Fair value measurement at
 
December 31, 2017 using
 
Quoted Prices
in Active
Markets for
Identical Assets
 (Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Description of Assets
 
 
 
 
 
  Government bonds
$
1,415

 
$
—

 
$
—

  Corporate bonds
—

 
11,956

 
—

Foreign currency derivatives and option contracts
—

 
5,953

 
—

Cross-currency interest rate swap
—

 
24,009

 
—

Investment elected to be accounted for using the fair value method
—

 
—

 
5,114

Liabilities
 

 
 

 
 

Foreign currency derivative and option contracts
—

 
(12,200
)
 
—

Total
$
1,415

 
$
29,718

 
$
5,114
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions The fair value based cost of employee stock options is estimated at the grant date using a lattice-based option valuation model with the following weighted average assumptions:

 
2018
Dividend yield
2.2
%
Expected volatility
20.9
%
Risk-free interest rate
2.7
%
Expected life
5.25

Forfeiture rate
0.6
%
Suboptimal factor
1.75
Schedule of Impact of Adoption of New Accounting Pronouncements The Transition Adjustment made to our consolidated balance sheet as of January 1, 2018, was:
 
As of January 1, 2018
 
As reported
 
Impact of adoption of ASC Topic 606
 
Adjusted according to ASC 606
Trade and unbilled receivables and contract assets, net
1,406,563

 
97,274

 
1,503,837

Inventories
1,012,763

 
(104,570
)
 
908,193

Deferred income taxes, net
51,358

 
1,090

 
52,448

 
 
 
 
 
 
Other payables and accrued expenses
835,394

 
(400
)
 
834,994

Contract liabilities (customer advances)
639,328

 
(4,373
)
 
634,955

Total Elbit Systems' equity
1,708,310

 
(1,433
)
 
1,706,877

The following table summarizes the impacts of adopting ASC 606 on the Company’s consolidated financial statements for the year ended December 31, 2018 and a comparison to previous standard:
 
Year Ended December 31, 2018
 
Previous standard
 
Impact of adoption of ASC 606
 
As reported
Revenues
3,567,909

 
115,775

 
3,683,684

Cost of revenues
2,633,207

 
74,298

 
2,707,505

Gross profit
934,702

 
41,477

 
976,179

 
 
 
 
 
 
Operating expenses:
 
 
 
 
 
Research and development, net
287,352

 
—

 
287,352

Marketing and selling
275,757

 
5,257

 
281,014

General and administrative
160,348

 
—

 
160,348

Other operating income, net
(45,367
)
 
—

 
(45,367
)
Total operating expenses
678,091

 
5,257

 
683,347

Operating income
256,611

 
36,220

 
292,832

Finance expense, net
(44,061
)
 
—

 
(44,061
)
Other expense, net
(11,449
)
 
—

 
(11,449
)
Income before taxes on income
201,101

 
36,220

 
237,322

Taxes on income
(20,327
)
 
(6,118
)
 
(26,445
)
Income after taxes on income
180,774

 
30,103

 
210,877

Equity in net earnings of affiliated companies and partnerships
(2,222
)
 
—

 
(2,222
)
Net income attributable to non-controlling interests
(1,917
)
 
—

 
(1,917
)
Net income attributable to the consolidated company shareholders'
176,635

 
30,103

 
206,738

The following table summarizes the impacts of adopting ASC 606 on the Company’s consolidated balance sheet for the year ended December 31, 2018:
 
As of December 31, 2018
 
Previous standard
 
Impact of adoption of ASC 606
 
As reported
Trade and unbilled eceivables and contract assets, net
1,523,200

 
189,715

 
1,712,915

Other receivables and prepaid expenses
199,579

 
(431
)
 
199,148

Inventories, net
1,240,005

 
(98,009
)
 
1,141,996

Other assets
46,587

 
(3,783
)
 
42,804

 
 
 
 
 
 
Trade payables
780,794

 
(4,694
)
 
776,100

Other payables and accrued expenses
1,083,788

 
(1,796
)
 
1,081,992

Contract liabilities (customer advances)
718,269

 
62,725

 
780,994

Other long-term liabilities and deferred tax liabilities
253,413

 
1,154

 
254,567

 
 
 
 
 
 
Retained earnings
1,661,818

 
30,103

 
1,691,921