Lockheed Martin 2015 Annual Report Download - page 49
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The following tables reflect the impacts of our program realignment on net sales and operating profit for each of our
business segments (in millions):
Year Ended December 31, 2015
Prior to
Realignment
Government IT
Reclassification
Technical Svcs
Reclassification As Adjusted
Net sales
Aeronautics $15,570 $ — $ — $15,570
Information Systems & Global Solutions 7,458 (2,480) 618 5,596
Missiles and Fire Control 7,366 63 (659) 6,770
Mission Systems and Training 7,697 1,353 41 9,091
Space Systems 8,041 1,064 — 9,105
Total net sales $46,132 $ — $ — $46,132
Operating profit
Aeronautics $ 1,681 $ — $ — $ 1,681
Information Systems & Global Solutions 628 (173) 53 508
Missiles and Fire Control 1,332 5 (55) 1,282
Mission Systems and Training 800 42 2 844
Space Systems 1,045 126 — 1,171
Total business segment operating profit 5,486 — — 5,486
Unallocated items, net (50) — — (50)
Total consolidated operating profit $ 5,436 $ — $ — $ 5,436
Year Ended December 31, 2014
Prior to
Realignment
Government IT
Reclassification
Technical Svcs
Reclassification As Adjusted
Net sales
Aeronautics $14,920 $ — $ — $14,920
Information Systems & Global Solutions 7,788 (2,810) 676 5,654
Missiles and Fire Control 7,680 155 (743) 7,092
Mission Systems and Training 7,147 1,518 67 8,732
Space Systems 8,065 1,137 — 9,202
Total net sales $45,600 $ — $ — $45,600
Operating profit
Aeronautics $ 1,649 $ — $ — $ 1,649
Information Systems & Global Solutions 699 (259) 32 472
Missiles and Fire Control 1,358 21 (35) 1,344
Mission Systems and Training 843 90 3 936
Space Systems 1,039 148 — 1,187
Total business segment operating profit 5,588 — — 5,588
Unallocated items, net 4 — — 4
Total consolidated operating profit $ 5,592 $ — $ — $ 5,592
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