Northrop grumman corp /de/ (NOC)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08
Sales

34,272

33,841

33,276

32,886

31,549

30,095

28,491

26,975

26,329

26,004

26,047

25,633

25,160

24,706

23,805

23,629

23,525

23,526

23,940

23,945

24,088

23,979

24,028

24,150

24,405

24,661

24,980

25,144

25,124

25,218

25,248

25,590

25,876

26,412

26,809

27,268

27,963

28,143

24,060

25,339

26,629

27,650

33,211

0

0

0

Operating costs and expenses
General and administrative expenses

3,318

3,290

3,064

3,105

3,060

3,011

2,916

2,778

2,725

2,712

2,757

2,740

2,674

2,632

2,565

2,566

2,587

2,566

2,632

2,549

2,498

2,405

2,273

2,248

2,240

2,256

0

2,449

2,447

2,450

2,350

2,367

2,343

2,350

2,361

2,346

2,411

2,467

2,187

2,357

2,477

2,571

2,988

0

0

0

Operating income

3,967

3,969

3,776

3,997

3,868

3,780

3,483

3,148

3,204

3,218

3,487

3,476

3,400

3,277

3,051

3,019

3,035

3,076

3,149

3,124

3,131

3,196

3,202

3,223

3,209

3,123

0

3,125

3,093

3,130

3,105

3,194

3,261

3,276

3,152

3,050

2,959

2,827

2,574

2,470

2,334

2,274

2,623

0

0

0

Other (expense) income
Interest expense

515

528

540

550

557

562

556

496

428

360

301

302

300

301

299

300

301

301

300

294

289

282

282

283

273

257

0

220

212

212

211

215

216

221

231

238

250

269

256

268

273

269

293

0

0

0

FAS (non-service) pension benefit

902

800

867

937

995

1,049

1,514

1,246

971

699

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

13

107

72

100

126

130

209

170

157

136

74

75

50

44

44

37

28

15

21

5

13

23

23

29

1

-3

0

13

40

47

0

0

0

-

0

-

35

37

13

41

64

65

107

0

0

0

Earnings before income taxes

2,567

2,548

3,520

3,829

3,777

3,742

5,186

4,604

4,440

4,229

2,888

2,875

2,793

2,681

2,796

2,756

2,762

2,790

2,870

2,835

2,855

2,937

2,943

2,969

2,937

2,863

0

2,918

2,921

2,965

2,960

3,020

3,081

3,083

2,711

2,628

2,515

2,366

2,331

2,243

2,125

2,070

2,437

0

0

0

Federal and foreign income tax expense

314

300

507

505

525

513

1,292

1,311

1,381

1,360

672

700

656

638

662

708

700

800

833

841

881

868

902

904

895

911

0

949

960

987

965

964

985

997

869

858

525

462

497

393

647

636

730

0

0

0

Earnings from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,096

2,086

1,842

1,770

1,990

1,904

1,834

1,850

1,478

1,434

1,707

0

0

0

Earnings from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2

32

104

153

124

149

256

233

288

252

78

0

0

0

Net Income (Loss) Attributable to Parent

2,253

2,248

3,013

3,324

3,252

3,229

3,894

3,293

3,059

2,869

2,216

2,175

2,137

2,043

2,134

2,048

2,062

1,990

2,037

1,994

1,974

2,069

2,041

2,065

2,042

1,952

2,007

1,969

1,961

1,978

1,993

2,054

2,094

2,118

1,946

1,923

2,114

2,053

2,090

2,083

1,766

1,686

1,785

0

0

0

Basic earnings per share
Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2.00

0.00

1.89

1.84

1.70

1.05

1.53

2.47

1.36

0.77

1.46

1.14

1.12

1.52

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-

-

-

0.12

0.25

0.16

-0.10

0.19

0.55

0.09

0.08

0.07

0.01

Basic earnings per share

5.18

-2.39

5.52

5.07

5.08

2.10

7.15

4.52

4.82

5.86

3.69

3.18

3.72

2.10

3.38

2.87

3.07

2.51

2.78

2.77

2.45

2.53

2.29

2.41

2.68

2.16

2.18

2.09

2.07

0.00

1.86

1.91

2.00

0.00

1.89

1.84

1.82

1.30

1.69

2.37

1.55

1.32

1.55

1.22

1.19

1.53

Weighted-average common shares outstanding, in millions

167

168

169

169

170

171

174

174

174

174

174

174

174

176

178

180

181

182

185

191

197

200

206

212

216

219

228

234

236

243

247

250

253

257

274

282

291

292

293

299

302

310

317

322

326

334

Diluted earnings per share
Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1.96

0.00

1.86

1.81

1.67

1.03

1.51

2.44

1.34

0.76

1.45

1.13

1.10

1.50

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-

-

-

0.12

0.25

0.16

-0.10

0.19

0.54

0.08

0.08

0.07

0.01

Diluted earnings per share

5.15

-2.39

5.49

5.06

5.06

2.09

7.11

4.50

4.79

5.82

3.67

3.16

3.69

2.09

3.35

2.85

3.03

2.49

2.75

2.74

2.41

2.49

2.26

2.37

2.63

2.13

2.14

2.05

2.03

0.00

1.82

1.88

1.96

0.00

1.86

1.81

1.79

1.28

1.67

2.34

1.53

1.30

1.53

1.21

1.17

1.51

Weighted-average diluted shares outstanding, in millions

168

169

169

170

170

172

174

175

175

175

175

175

176

177

179

181

183

184

187

193

200

203

209

215

220

224

232

237

241

248

252

254

258

263

279

287

296

296

297

303

306

314

320

325

332

340

Net Income (Loss) Attributable to Parent

2,253

2,248

3,013

3,324

3,252

3,229

3,894

3,293

3,059

2,869

2,216

2,175

2,137

2,043

2,134

2,048

2,062

1,990

2,037

1,994

1,974

2,069

2,041

2,065

2,042

1,952

2,007

1,969

1,961

1,978

1,993

2,054

2,094

2,118

1,946

1,923

2,114

2,053

2,090

2,083

1,766

1,686

1,785

0

0

0

Change in unamortized prior service credit, net of tax expense of $15 in 2019, $19 in 2018 and $35 in 2017

-

-

-

-

-

-

-

-

-

44

64

62

64

62

-89

-84

-80

-75

2,155

2,220

2,281

2,316

-1,680

-1,727

-1,771

-1,790

0

1,148

1,173

1,303

1,138

1,210

1,278

1,249

-358

-341

-316

-297

520

534

548

561

162

0

0

0

Change in unamortized prior service credit, net of tax

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in cumulative translation adjustment and other, net

-11

2

-5

-8

-7

-14

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax

-

-

-

-

-

-

-

-

-

-

-31

-37

-42

-50

-29

-38

-16

-41

-66

-77

-90

-59

-18

23

32

14

0

10

-14

8

0

0

0

-

0

-

14

-41

-47

-45

17

31

42

0

0

0

Other, net

-

-

-

-

-

-

-

-

-

-

3

2

2

-1

1

3

2

2

0

2

2

3

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in unrealized loss on marketable securities and cash flow hedges, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

0

-

-

-

0

-

-

-

-

36

0

0

0

-

Other comprehensive loss, net of tax

-57

-45

-55

-61

-63

-74

-403

-286

-169

-46

-92

-97

-104

-113

61

49

66

36

-2,221

-2,295

-2,369

-2,372

1,665

1,749

1,802

1,803

0

-1,240

-1,289

-1,297

-1,158

-1,222

-1,247

-1,257

230

290

291

257

474

490

594

628

239

0

0

0

Comprehensive income

2,196

2,203

2,958

3,263

3,189

3,155

3,491

3,007

2,890

2,823

2,124

2,078

2,033

1,930

2,195

2,097

2,128

2,026

-184

-301

-395

-303

3,706

3,814

3,844

3,755

0

729

672

681

835

832

847

861

2,176

2,213

2,405

2,310

2,564

2,573

2,360

2,314

2,024

0

0

0

Product [Member]
Sales

24,300

23,852

23,381

22,998

21,908

20,469

18,840

17,409

16,656

16,364

16,538

16,076

15,599

15,080

14,172

14,066

14,015

13,966

14,102

13,981

14,036

14,015

14,155

13,991

14,020

14,033

13,955

14,112

13,918

13,838

13,948

14,241

14,551

15,073

15,284

15,472

15,930

16,091

13,191

14,205

15,458

16,004

19,780

0

0

0

Cost of Sales

19,110

18,675

18,540

17,996

17,033

15,785

14,518

13,474

12,813

12,527

12,414

11,985

11,569

11,197

10,582

10,455

10,402

10,333

10,359

10,340

10,440

10,431

10,605

10,490

10,525

10,623

10,488

10,618

10,519

10,415

10,886

10,957

11,015

11,491

11,937

12,155

12,571

12,558

9,627

10,736

12,003

12,648

15,689

0

0

0

Service [Member]
Sales

9,972

9,989

9,895

9,888

9,641

9,626

9,651

9,566

9,673

9,640

9,509

9,557

9,561

9,626

9,633

9,563

9,510

9,560

9,838

9,964

10,052

9,964

9,873

10,159

10,385

10,628

11,025

11,032

11,206

11,380

11,300

11,349

11,325

11,339

11,525

11,796

12,033

12,052

10,869

11,134

11,171

11,646

13,431

0

0

0

Cost of Sales

7,877

7,907

7,896

7,788

7,588

7,519

7,574

7,575

7,587

7,547

7,389

7,432

7,517

7,600

7,607

7,589

7,501

7,551

7,800

7,932

8,019

7,947

7,948

8,189

8,431

8,659

8,881

8,952

9,065

9,223

8,907

9,072

9,257

9,295

9,359

9,717

10,022

10,291

9,672

9,776

9,815

10,157

11,911

0

0

0