Condensed Consolidated Statements of Financial Position (Unaudited) (USD $) In Millions	Jun. 30, 2011	Dec. 31, 2010
Assets
Cash and cash equivalents	$ 2,810	$ 3,701
Accounts receivable, net of progress payments	3,474	3,329
Inventoried costs, net of progress payments	902	896
Current deferred tax assets	465	419
Prepaid expenses and other current assets	163	244
Assets of discontinued operations	0	5,212
Total current assets	7,814	13,801
Property, plant, and equipment, net of accumulated depreciation of $3,864 in 2011 and $3,712 in 2010	3,028	3,045
Goodwill	12,376	12,376
Other purchased intangibles, net of accumulated amortization of $1,631 in 2011 and $1,613 in 2010	174	192
Pension and post-retirement plan assets	344	320
Non-current deferred tax assets	555	721
Miscellaneous other assets	1,086	1,076
Total assets	25,377	31,531
Liabilities
Notes payable to banks	19	10
Current portion of long-term debt	23	774
Trade accounts payable	1,259	1,573
Accrued employees' compensation	1,062	1,146
Advance payments and billings in excess of costs incurred	1,820	1,969
Other current liabilities	1,612	1,763
Liabilities of discontinued operations	0	2,792
Total current liabilities	5,795	10,027
Long-term debt, net of current portion	3,937	3,940
Pension and post-retirement plan liabilities	2,597	3,089
Other long-term liabilities	899	918
Total liabilities	13,228	17,974
Commitments and Contingencies (Note 11)
Shareholders' Equity
Common stock, $1 par value; 800,000,000 shares authorized; issued and outstanding: 2011 - 277,981,571; 2010 - 290,956,752	278	291
Paid-in capital	5,026	7,778
Retained earnings	9,018	8,245
Accumulated other comprehensive loss	(2,173)	(2,757)
Total shareholders' equity	12,149	13,557
Total liabilities and shareholders' equity	$ 25,377	$ 31,531