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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash received from customers    
Progress payments $ 1,975 $ 1,976
Collections on billings 11,028 11,653
Other cash receipts 80 3
Total sources of cash - continuing operations 13,083 13,632
Uses of Cash - Continuing Operations    
Cash paid to suppliers and employees (11,692) (12,374)
Pension contributions (550) (363)
Interest paid, net of interest received (119) (138)
Income taxes paid, net of refunds received (613) (632)
Excess tax benefits from stock-based compensation (21) (10)
Other cash payments (10) (15)
Total uses of cash - continuing operations (13,005) (13,532)
Cash provided by continuing operations 78 100
Cash used in discontinued operations (232) (12)
Net cash (used in) provided by operating activities (154) 88
Continuing Operations    
Contribution received from the spin-off of Shipbuilding business 1,429  
Additions to property, plant, and equipment (216) (178)
Decrease in restricted cash 31 5
Proceeds from sale of business, net of cash divested   13
Other investing activities, net 9 1
Cash provided by (used in) investing activities by continuing operations 1,253 (159)
Cash used in investing activities by discontinued operations (63) (59)
Net cash provided by (used in) investing activities 1,190 (218)
Financing Activities    
Common stock repurchases (1,013) (855)
Payments of long-term debt (750) (90)
Dividends paid (277) (270)
Proceeds from exercises of stock options and issuances of common stock 86 103
Excess tax benefits from stock-based compensation 21 10
Other financing activities, net 6 1
Net cash used in financing activities (1,927) (1,101)
Decrease in cash and cash equivalents (891) (1,231)
Cash and cash equivalents, beginning of period 3,701 3,275
Cash and cash equivalents, end of period $ 2,810 $ 2,044