Northrop Grumman 2010 Annual Report Download - page 9

Download and view the complete annual report

Please find page 9 of the 2010 Northrop Grumman annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 132

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132

Page
10. Inventoried Costs, Net 80
11. Income Taxes 80
12. Goodwill and Other Purchased Intangible Assets 83
13. Fair Value of Financial Instruments 85
14. Notes Payable to Banks and Long-Term Debt 86
15. Investigations, Claims and Litigation 87
16. Commitments and Contingencies 91
17. Retirement Benefits 94
18. Stock Compensation Plans 101
19. Unaudited Selected Quarterly Data 105
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 106
Item 9a. Controls and Procedures 106
Item 9b. Other Information 106
Management’s Report on Internal Control Over Financial Reporting 107
Report of Independent Registered Public Accounting Firm 108
PART III
Item 10. Directors, Executive Officers, and Corporate Governance 109
Item 11. Executive Compensation 111
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder
Matters 111
Item 13. Certain Relationships and Related Transactions, and Director Independence 111
Item 14. Principal Accountant Fees and Services 111
PART IV
Item 15. Exhibits and Financial Statement Schedules 111
Signatures 119
ii