XML 92 R74.htm IDEA: XBRL DOCUMENT v3.24.4
Retirement Benefits Categorization of Plan Assets (Details 7) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets $ 31,006 $ 31,525
Cash and cash equivalents    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 974 915
U.S. equities    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 1,824 1,713
International equities    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 1,570 1,506
U.S. Treasuries    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 3,537 3,890
U.S. Government Agency    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 97 124
Non-U.S. Government    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 283 176
Corporate debt    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 3,743 4,506
Asset backed    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 1,301 436
High yield debt    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 32 33
Bank loans    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 16 15
Derivatives and other assets    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 46 109
Notes Payable, Other Payables [Member]    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets (541) (24)
NOC Common Stock [Member]    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 1 0
Level 1    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 3,671 3,454
Level 1 | Cash and cash equivalents    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 223 85
Level 1 | U.S. equities    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 1,824 1,712
Level 1 | International equities    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 1,570 1,506
Level 1 | U.S. Treasuries    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 17 0
Level 1 | Non-U.S. Government    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 1 0
Level 1 | Corporate debt    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 79 74
Level 1 | High yield debt    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 12 13
Level 1 | Derivatives and other assets    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets (55) 64
Level 2    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 9,750 9,967
Level 2 | Cash and cash equivalents    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 751 830
Level 2 | U.S. equities    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 0 1
Level 2 | U.S. Treasuries    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 3,520 3,890
Level 2 | U.S. Government Agency    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 97 124
Level 2 | Non-U.S. Government    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 282 176
Level 2 | Corporate debt    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 3,664 4,432
Level 2 | Asset backed    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 1,301 436
Level 2 | High yield debt    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 20 20
Level 2 | Bank loans    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 16 15
Level 2 | Derivatives and other assets    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 99 43
Level 3    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 2 2
Level 3 | Derivatives and other assets    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 2 2
Fair Value Measured at Net Asset Value Per Share | U.S. equities    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 1,486 1,294
Fair Value Measured at Net Asset Value Per Share | International equities    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 4,071 3,972
Fair Value Measured at Net Asset Value Per Share | Fixed Income Funds    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 3,559 4,057
Fair Value Measured at Net Asset Value Per Share | Hedge Funds    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 32 38
Fair Value Measured at Net Asset Value Per Share | OpportunisticFunds    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 1,816 3,176
Fair Value Measured at Net Asset Value Per Share | Private Equity Funds [Member]    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 3,521 3,466
Fair Value Measured at Net Asset Value Per Share | Real Estate Funds [Member]    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 1,860 2,123
Fair Value Measured at Net Asset Value Per Share | PrivateCreditFunds    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Fair value of plan assets 1,779 0
Pension and Other Post-retirement benefit plans [Member]    
Plan Assets by Fair Value Measurement Input (Table Amounts) [Abstract]    
Derivative Asset 107 172
Derivative Liability (123) (101)
Derivative, Notional Amount $ 9,200 $ 4,900