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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash received from customers  
Progress payments$ 3,119$ 3,149
Collections on billings16,52717,610
Other cash receipts10318
Total sources of cash - continuing operations19,74920,777
Uses of Cash - Continuing Operations  
Cash paid to suppliers and employees(17,131)(18,219)
Pension contributions(572)(415)
Interest paid, net of interest received(205)(248)
Income taxes paid, net of refunds received(791)(933)
Excess tax benefits from stock-based compensation(24)(12)
Other cash payments (34)
Total uses of cash - continuing operations(18,723)(19,861)
Cash provided by continuing operations1,026916
Cash (used in) provided by discontinued operations(232)150
Net cash provided by operating activities7941,066
Continuing Operations  
Contribution received from the spin-off of Shipbuilding business1,429 
Additions to property, plant, and equipment(324)(301)
Decrease in restricted cash345
Other investing activities, net138
Cash provided by (used in) investing activities by continuing operations1,152(288)
Cash used in investing activities by discontinued operations(63)(93)
Net cash provided by (used in) investing activities1,089(381)
Financing Activities  
Common stock repurchases(1,598)(1,060)
Payments of long-term debt(750)(91)
Dividends paid(414)(408)
Proceeds from exercises of stock options and issuances of common stock97112
Excess tax benefits from stock-based compensation2412
Other financing activities, net33
Net cash used in financing activities(2,638)(1,432)
Decrease in cash and cash equivalents(755)(747)
Cash and cash equivalents, beginning of period3,7013,275
Cash and cash equivalents, end of period$ 2,946$ 2,528