Company: NOC
Filing Date: 2025-10-21
Form Type: 10-Q
Source: 0001133421-25-000053
Chunk: 10

Company: NORTHROP GRUMMAN CORP /DE/
Filing Date: 2025-10-21
Form: 10-Q
Item: Part I, Item 1
Chunk 10
---
Item 1.    Financial Statements

CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME (Unaudited)

 Three Months Ended September 30Nine Months Ended September 30$ in millions, except per share amounts2025202420252024SalesProduct$8,369 $7,939 $24,148 $24,117 Service2,054 2,057 6,094 6,230 Total sales10,423 9,996 30,242 30,347 Operating costs and expensesProduct6,631 6,280 19,523 19,079 Service1,565 1,610 4,702 4,838 General and administrative expenses985 986 3,008 3,149 Total operating costs and expenses9,181 8,876 27,233 27,066 Gain on sale of business— — 231 — Operating income1,242 1,120 3,240 3,281 Other (expense) incomeInterest expense(161)(161)(490)(461)Non-operating FAS pension benefit136 168 403 503 Other, net106 61 175 142 Earnings before income taxes1,323 1,188 3,328 3,465 Federal and foreign income tax expense223 162 573 555 Net earnings$1,100 $1,026 $2,755 $2,910 Basic earnings per share$7.69 $7.02 $19.16 $19.73 Weighted-average common shares outstanding, in millions143.1 146.2 143.8 147.5 Diluted earnings per share$7.67 $7.00 $19.12 $19.69 Weighted-average diluted shares outstanding, in millions143.5 146.5 144.1 147.8 Net earnings (from above)$1,100 $1,026 $2,755 $2,910 Other comprehensive income (loss), net of taxChange in cumulative translation adjustment2 2 11 2 Change in other, net(1)8 18 (10)Other comprehensive income (loss), net of tax1 10 29 (8)Comprehensive income$1,101 $