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Segment Information (Unaudited) (Tables)
6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Sales and operating income by segment The following table presents sales and operating income by segment:
Three Months Ended June 30Six Months Ended June 30
$ in millions2023202220232022
Sales
Aeronautics Systems$2,595 $2,534 $5,110 $5,237 
Defense Systems1,420 1,294 2,796 2,577 
Mission Systems2,641 2,516 5,204 5,013 
Space Systems3,488 2,979 6,838 5,834 
Intersegment eliminations(568)(522)(1,071)(1,063)
Total sales9,576 8,801 18,877 17,598 
Operating income
Aeronautics Systems278 258 515 565 
Defense Systems166 168 326 323 
Mission Systems401 413 761 798 
Space Systems283 310 596 571 
Intersegment eliminations(76)(76)(144)(147)
Total segment operating income1,052 1,073 2,054 2,110 
FAS/CAS operating adjustment(21)(51)(42)(97)
Unallocated corporate expense(64)(68)(98)(162)
Total operating income$967 $954 $1,914 $1,851 
Revenue by Major Customers by Reporting Segments
Sales by Customer TypeThree Months Ended June 30Six Months Ended June 30
2023202220232022
$ in millions$
%(3)
$
%(3)
$
%(3)
$
%(3)
Aeronautics Systems
U.S. government(1)
$2,215 86 %$2,134 84 %$4,323 85 %$4,426 85 %
International(2)
308 12 %328 13 %639 12 %671 13 %
Other customers8  %14 %19  %17 — %
Intersegment sales64 2 %58 %129 3 %123 %
Aeronautics Systems sales2,595 100 %2,534 100 %5,110 100 %5,237 100 %
Defense Systems
U.S. government(1)
848 60 %774 61 %1,651 59 %1,549 61 %
International(2)
357 25 %328 25 %745 27 %621 24 %
Other customers20 1 %18 %36 1 %34 %
Intersegment sales195 14 %174 13 %364 13 %373 14 %
Defense Systems sales1,420 100 %1,294 100 %2,796 100 %2,577 100 %
Mission Systems
U.S. government(1)
1,877 71 %1,802 72 %3,812 73 %3,596 72 %
International(2)
454 17 %415 16 %830 16 %848 17 %
Other customers27 1 %40 %42 1 %64 %
Intersegment sales283 11 %259 10 %520 10 %505 10 %
Mission Systems sales2,641 100 %2,516 100 %5,204 100 %5,013 100 %
Space Systems
U.S. government(1)
3,314 95 %2,798 94 %6,480 95 %5,506 94 %
International(2)
83 2 %84 %154 2 %156 %
Other customers65 2 %66 %146 2 %110 %
Intersegment sales26 1 %31 %58 1 %62 %
Space Systems sales3,488 100 %2,979 100 %6,838 100 %5,834 100 %
Total
U.S. government(1)
8,254 86 %7,508 85 %16,266 86 %15,077 86 %
International(2)
1,202 13 %1,155 13 %2,368 13 %2,296 13 %
Other customers120 1 %138 %243 1 %225 %
Total Sales$9,576 100 %$8,801 100 %$18,877 100 %$17,598 100 %
(1) Sales to the U.S. government include sales from contracts for which we are the prime contractor, as well as those for which we are a subcontractor and the ultimate customer is the U.S. government. Each of the company’s segments derives substantial revenue from the U.S. government.
(2) International sales include sales from contracts for which we are the prime contractor, as well as those for which we are a subcontractor and the ultimate customer is an international customer. These sales include foreign military sales contracted through the U.S. government.
(3) Percentages calculated based on total segment sales.
Revenue from External Customers by Contract Type
Sales by Contract TypeThree Months Ended June 30Six Months Ended June 30
2023 20222023 2022
$ in millions$
%(1)
$
%(1)
$
%(1)
$
%(1)
Aeronautics Systems
Cost-type$1,319 52 %$1,217 49 %$2,550 51 %$2,493 49 %
Fixed-price1,212 48 %1,259 51 %2,431 49 %2,621 51 %
Intersegment sales64 58 129 123 
Aeronautics Systems sales2,595 2,534 5,110 5,237 
Defense Systems
Cost-type404 33 %373 33 %827 34 %709 32 %
Fixed-price821 67 %747 67 %1,605 66 %1,495 68 %
Intersegment sales195 174 364 373 
Defense Systems sales1,420 1,294 2,796 2,577 
Mission Systems
Cost-type957 41 %875 39 %1,918 41 %1,710 38 %
Fixed-price1,401 59 %1,382 61 %2,766 59 %2,798 62 %
Intersegment sales283 259 520 505 
Mission Systems sales2,641 2,516 5,204 5,013 
Space Systems
Cost-type2,572 74 %2,096 71 %5,018 74 %4,079 71 %
Fixed-price890 26 %852 29 %1,762 26 %1,693 29 %
Intersegment sales26 31 58 62 
Space Systems sales3,488 2,979 6,838 5,834 
Total
Cost-type5,252 55 %4,561 52 %10,313 55 %8,991 51 %
Fixed-price4,324 45 %4,240 48 %8,564 45 %8,607 49 %
Total Sales$9,576 $8,801 $18,877 $17,598 
(1)Percentages calculated based on external customer sales.
Revenue from External Customers by Geographic Areas
Sales by Geographic RegionThree Months Ended June 30Six Months Ended June 30
2023202220232022
$ in millions$
%(2)
$
%(2)
$
%(2)
$
%(2)
Aeronautics Systems        
United States$2,223 88 %$2,148 87 %$4,342 87 %$4,443 86 %
Asia/Pacific138 5 %205 %285 6 %395 %
Europe165 7 %113 %339 7 %250 %
All other(1)
5  %10 — %15  %26 %
Intersegment sales64 58 129 123 
Aeronautics Systems sales2,595 2,534 5,110 5,237 
Defense Systems
United States868 71 %792 71 %1,687 70 %1,583 72 %
Asia/Pacific114 9 %123 11 %231 9 %228 10 %
Europe132 11 %95 %260 11 %196 %
All other(1)
111 9 %110 10 %254 10 %197 %
Intersegment sales195 174 364 373 
Defense Systems sales1,420 1,294 2,796 2,577 
Mission Systems
United States1,904 81 %1,842 81 %3,854 82 %3,660 81 %
Asia/Pacific120 5 %137 %212 5 %276 %
Europe266 11 %219 10 %466 10 %444 10 %
All other(1)
68 3 %59 %152 3 %128 %
Intersegment sales283 259 520 505 
Mission Systems sales2,641 2,516 5,204 5,013 
Space Systems
United States3,379 97 %2,864 97 %6,626 98 %5,616 97 %
Asia/Pacific25 1 %24 %45 1 %53 %
Europe38 1 %56 %83 1 %96 %
All other(1)
20 1 %— %26  %— %
Intersegment sales26 31 58 62 
Space Systems sales3,488 2,979 6,838 5,834 
Total
United States8,374 88 %7,646 87 %16,509 88 %15,302 87 %
Asia/Pacific397 4 %489 %773 4 %952 %
Europe601 6 %483 %1,148 6 %986 %
All other(1)
204 2 %183 %447 2 %358 %
Total Sales$9,576 $8,801 $18,877 $17,598 
(1)All other is principally comprised of the Middle East.
(2)Percentages calculated based on external customer sales.