Lockheed Martin 2010 Annual Report Download - page 67

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59
Selected Financial Data by Business Segment
(In millions)
2010
2009
2008
Net sales
Aeronautics
$ 13,235
$ 12,201
$ 11,473
Electronic Systems
14,363
13,532
12,803
Information Systems & Global Solutions
9,959
9,608
9,069
Space Systems
8,246
8,654
8,027
Total
$ 45,803
$ 43,995
$ 41,372
Operating profit (a)
Aeronautics
$ 1,502
$ 1,577
$ 1,433
Electronic Systems
1,712
1,660
1,583
Information Systems & Global Solutions
890
895
919
Space Systems
972
972
953
Total business segments
5,076
5,104
4,888
Voluntary executive separation and other charges (b)
(220)
—
—
Other unallocated Corporate income (expense), net (c)
(759)
(689)
161
Operating profit
$ 4,097
$ 4,415
$ 5,049
Intersegment revenue
Aeronautics
$ 128
$ 210
$ 147
Electronic Systems
989
860
662
Information Systems & Global Solutions
912
827
803
Space Systems
124
122
203
Total
$ 2,153
$ 2,019
$ 1,815
Depreciation and amortization of plant and equipment
Aeronautics
$ 205
$ 198
$ 190
Electronic Systems
237
245
257
Information Systems & Global Solutions
63
66
61
Space Systems
186
182
166
Total business segments
691
691
674
Corporate activities
58
59
53
Total
$ 749
$ 750
$ 727
Expenditures for property, plant and equipment
Aeronautics
$ 271
$ 248
$ 227
Electronic Systems
260
266
275
Information Systems & Global Solutions
53
52
72
Space Systems
181
210
231
Total business segments
765
776
805
Corporate activities
55
76
121
Total
$ 820
$ 852
$ 926
(a) Operating profit included equity in net earnings (losses) of equity investees as follows:
(In millions)
2010
2009
2008
Aeronautics
$ 7
$ 9
$ 21
Electronic Systems
50
53
43
Space Systems
259
218
224
Total business segments
316
280
288
Corporate activities
(4)
(2)
—
Total
$ 312
$ 278
$ 288
(b) Voluntary executive separation and other charges included the charges associated with the VESP and MS2’s consolidation of
facilities (see Note 3).