Northrop Grumman 2009 Annual Report Download - page 86

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Other Financial Information
$ in millions 2009 2008
December 31
Assets
Aerospace Systems $ 6,291 $ 6,199
Electronic Systems 4,950 5,024
Information Systems 7,499 9,069
Shipbuilding 4,585 4,427
Technical Services 1,295 1,184
Segment assets 24,620 25,903
Corporate 5,632 4,294
Total assets $30,252 $30,197
$ in millions 2009 2008 2007
Year Ended December 31
Capital Expenditures
Aerospace Systems $211 $224 $209
Electronic Systems 168 148 119
Information Systems 69 62 84
Shipbuilding 181 218 247
Technical Services 3410
Corporate 22 25 12
Total capital expenditures $654 $681 $681
$ in millions 2009 2008 2007
Year Ended December 31
Depreciation and Amortization
Aerospace Systems $238 $238 $239
Electronic Systems 140 149 175
Information Systems 144 153 115
Shipbuilding 186 193 170
Technical Services 888
Corporate 20 15 15
Total depreciation and amortization $736 $756 $722
The depreciation and amortization expense above includes amortization of purchased intangible assets as well as
amortization of deferred and other outsourcing costs.
7. EARNINGS (LOSS) PER SHARE
Basic Earnings (Loss) Per Share – Basic earnings (loss) per share from continuing operations are calculated by
dividing earnings (loss) from continuing operations available to common stockholders by the weighted-average
number of shares of common stock outstanding during each period.
Diluted Earnings (Loss) Per Share – Diluted earnings per share for the year ended December 31, 2009, include the
dilutive effect of stock options and other stock awards granted to employees under stock-based compensation
plans. The dilutive effect of these securities totaled 4.1 million shares for the year ended December 31, 2009. For
the year ended December 31, 2008, the potential dilutive effect of 7.1 million shares from stock options, other
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NORTHROP GRUMMAN CORPORATION
eBP - v54508-i003_a.pdf - Page 80 of 124 - March 11, 2010 - 20:02:40