XML 102 R23.htm IDEA: XBRL DOCUMENT v2.4.0.6
Business Group Information
12 Months Ended
Dec. 31, 2012
Segment Reporting [Abstract]  
Business Group Information
BUSINESS GROUP INFORMATION
We operate in four business groups: Aerospace, Combat Systems, Marine Systems and Information Systems and Technology. We organize our business groups in accordance with the nature of products and services offered. These business groups derive their revenues from business aviation; combat vehicles, weapons systems and munitions; military and commercial shipbuilding and services; and communications and information technology, respectively. We measure each group’s profit based on operating earnings. As a result, we do not allocate net interest, other income and expense items, and income taxes to our business groups.
Summary financial information for each of our business groups follows:

 
Revenues
Operating Earnings
Revenues from U.S. Government
Year Ended December 31
2010
2011
2012
2010
2011
2012
2010
2011
2012
Aerospace
$
5,299

$
5,998

$
6,912

$
860

$
729

$
858

$
220

$
171

$
160

Combat Systems
8,878

8,827

7,992

1,275

1,283

663

6,637

6,343

5,699

Marine Systems
6,677

6,631

6,592

674

691

750

6,518

6,582

6,504

Information Systems and Technology
11,612

11,221

10,017

1,219

1,200

(1,369
)
9,888

9,507

8,442

Corporate*



(83
)
(77
)
(69
)



 
$
32,466

$
32,677

$
31,513

$
3,945

$
3,826

$
833

$
23,263

$
22,603

$
20,805


 
Identifiable Assets
Capital Expenditures
Depreciation and Amortization
Year Ended December 31
2010
2011
2012
2010
2011
2012
2010
2011
2012
Aerospace
$
6,963

$
7,132

$
7,524

$
66

$
153

$
204

$
133

$
142

$
125

Combat Systems
9,324

9,967

9,619

116

90

87

162

173

173

Marine Systems
2,612

2,858

3,032

95

116

85

74

74

95

Information Systems and Technology
10,898

11,934

9,701

83

93

72

193

196

220

Corporate*
2,748

2,992

4,433

10

6

2

7

7

7

 
$
32,545

$
34,883

$
34,309

$
370

$
458

$
450

$
569

$
592

$
620

*Corporate operating results primarily consist of stock option expense. Corporate identifiable assets are primarily cash and equivalents.
The following table presents our revenues by geographic area based on the location of our customers:
Year Ended December 31
2010
 
2011
 
2012
North America:
 
 
 
 
 
United States
$
26,488

 
$
26,401

 
$
25,004

Canada
854

 
806

 
878

Other
281

 
39

 
165

Total North America
27,623

 
27,246

 
26,047

Europe:
 
 
 
 
 
United Kingdom
802

 
857

 
1,027

Switzerland
648

 
582

 
679

Russia
29

 
287

 
548

Spain
450

 
405

 
288

Other
900

 
826

 
534

Total Europe
2,829

 
2,957

 
3,076

Asia/Pacific:
 
 
 
 
 
China
578

 
929

 
876

Other
537

 
555

 
541

Total Asia/Pacific
1,115

 
1,484

 
1,417

Africa/Middle East
569

 
672

 
713

South America
330

 
318

 
260

 
$
32,466

 
$
32,677

 
$
31,513


Our revenues from international operations were $5.4 billion in 2010, $5.7 billion in 2011 and $4.5 billion in 2012. The long-lived assets of operations located outside the United States were 6 percent of our total long-lived assets on December 31, 2011 and 2012.