EX-99.1 11 v57127exv99w1.htm EX-99.1 exv99w1
Exhibit 99.1
NORTHROP GRUMMAN CORPORATION
SCHEDULE OF REALIGNED SEGMENT
(Unaudited)
                                                                 
    NET SALES     SEGMENT OPERATING INCOME (LOSS)(2)  
                            Three                             Three  
                            Months Ended                             Months Ended  
$ in millions   Year Ended December 31     Dec 31     Year Ended December 31     Dec 31  
    2007     2008     2009     2009     2007     2008     2009     2009  
AS REPORTED
                                                                
Aerospace Systems
   $ 9,234     $ 9,825     $ 10,419     $ 2,763     $ 919     $ 416     $ 1,071     $ 291  
Electronic Systems
     6,466       7,048       7,671       2,077       809       947       969       274  
Information Systems
     7,758       8,205       8,611       2,195       725       629       631       109  
Shipbuilding
     5,788       6,145       6,213       1,664       538       (2,307 )     299       88  
Technical Services
     2,422       2,535       2,776       750       139       144       161       40  
Intersegment Eliminations
     (1,327 )     (1,443 )     (1,935 )     (524 )     (105 )     (128 )     (202 )     (58 )
 
                                                
Total
   $ 30,341     $ 32,315     $ 33,755     $ 8,925     $ 3,025     $ (299 )   $ 2,929     $ 744  
 
                                                
 
                                                                
RECASTED AND REALIGNED (1)
                                                                
Aerospace Systems
   $ 9,234     $ 9,825     $ 10,419     $ 2,763     $ 919     $ 416     $ 1,071     $ 291  
Electronic Systems
     6,466       7,048       7,671       2,077       809       947       969       274  
Information Systems
     7,717       8,174       8,536       2,174       722       626       624       107  
Shipbuilding
     5,788       6,145       6,213       1,664       538       (2,307 )     299       88  
Technical Services
     2,422       2,535       2,776       750       139       144       161       40  
Intersegment Eliminations
     (1,286 )     (1,412 )     (1,860 )     (503 )     (102 )     (125 )     (195 )     (56 )
 
                                                
Total
   $ 30,341     $ 32,315     $ 33,755     $ 8,925     $ 3,025     $ (299 )   $ 2,929     $ 744  
 
                                                
 
(1)   Reported amounts for total years 2007 through 2009 (previously reported in the 2009 Form 10-K), and the three months ended Dec. 31, 2009 (previously reported in the Fourth Quarter 2009 earnings release filed on Feb. 4, 2010) were adjusted to reflect the January 2010 transfer of the company’s internal information technology services unit from the Information Systems segment to the company’s corporate shared services group.
 
(2)   Non-GAAP measure. Management uses segment operating income as an internal measure of financial performance for the individual operating segments.