Raytheon 2004 Annual Report Download - page 109

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91
Notes to Consolidated Financial Statements (Continued)
Integrated Defense Systems provides mission systems integration for the air, surface, and subsurface battlespace.
Intelligence and Information Systems provides signal and image processing, geospatial intelligence, airborne and
spaceborne command and control, ground engineering support, and weather and environmental management.
Missile Systems provides air-to-air, precision strike, surface Navy air defense, and land combat missiles, guided
projectiles, kinetic kill vehicles, and directed energy weapons.
Network Centric Systems provides network centric solutions to integrate sensors, communications, and
command and control to manage the battlespace.
Space and Airborne Systems provides electro-optical/infrared sensors, airborne radars, solid state high energy
lasers, precision guidance systems, electronic warfare systems, and space-qualified systems for civil and military
applications.
Technical Services provides technical, scientific, and professional services for defense, federal, and commercial
customers worldwide.
Raytheon Aircraft Company designs, manufactures, markets, and supports business jets, turboprops, and piston-
powered aircraft for the world’s commercial, fractional ownership, and military aircraft markets.
Segment net sales and operating income generally include intersegment sales and profit recorded at cost plus a
specified fee, which may differ from what the selling entity would be able to obtain on external sales. Corporate and
Eliminations include Company-wide accruals and over/under applied overhead that have not been attributed to a
particular segment and intersegment sales and profit eliminations.
Segment financial results were as follows:
Net Sales (In millions) 2004 2003 2002
Integrated Defense Systems $ 3,456 $ 2,864 $ 2,366
Intelligence and Information Systems 2,215 2,045 1,887
Missile Systems 3,844 3,538 3,038
Network Centric Systems 3,113 2,809 3,091
Space and Airborne Systems 4,068 3,677 3,243
Technical Services 2,075 1,963 2,133
Aircraft 2,421 2,088 2,040
Other 675 573 210
Corporate and Eliminations (1,622) (1,448) (1,248)
Total $20,245 $18,109 $16,760
Intersegment sales in 2004, 2003, and 2002, respectively, were $133 million, $140 million, and $103 million for
Integrated Defense Systems, $38 million, $52 million, and $35 million for Intelligence and Information Systems,
$16 million, $7 million, and $1 million for Missile Systems, $444 million, $316 million, and $218 million for
Network Centric Systems, $428 million, $402 million, and $298 million for Space and Airborne Systems, $562
million, $529 million, and $590 million for Technical Services, and $1 million, $2 million, and $3 million for
Aircraft. Aircraft net sales did not include Intersegment aircraft, parts, and service sales to Flight Options of $151
million and $106 million in 2004 and 2003, respectively.