NOC » Topics » Other, Net

This excerpt taken from the NOC 10-Q filed Apr 22, 2009.
Other, net
Other, net for the three months ended March 31, 2009, decreased $14 million as compared with the same period in 2008. The first quarter of 2008 included $19 million in royalty income at Electronic Systems. Other, net includes interest income for all periods presented.
 
This excerpt taken from the NOC 10-K filed Feb 10, 2009.
Other, net
2008 – Other, net for the year ended December 31, 2008 was $38 million income, an increase of $22 million, as compared with 2007, primarily due to $59 million in royalty income from patent infringement settlements at Electronics in 2008, partially offset by negative mark to market adjustments on investments in marketable securities used as a funding source for non-qualified employee benefits.
 
2007 – Other, net for the year ended December 31, 2007 was $16 million income, a decrease of $153 million, as compared with 2006. During 2006, the company sold its remaining 9.7 million TRW Automotive (TRW Auto) shares, generating pre-tax gains of $111 million.
 
This excerpt taken from the NOC 10-Q filed Oct 22, 2008.
Other, Net
Other, net for the three and nine months ended September 30, 2008, increased $38 million and $75 million, respectively, as compared with the same periods in 2007, primarily due to $40 million and $59 million in patent infringement settlements at Electronics for the respective 2008 periods. Other, net includes interest income for all periods presented.


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NORTHROP GRUMMAN CORPORATION
 
This excerpt taken from the NOC 10-Q filed Jul 29, 2008.
Other, Net
Other, net for the three and six months ended June 30, 2008, increased $14 million and $37 million, respectively, as compared with the same periods in 2007, primarily due to gains recorded on the sale of assets in 2008 as compared with losses recorded on the sale of assets in 2007. Other, net for the six months ended June 30, 2008, also includes higher royalty income than in the prior year period. Other, net includes interest income for all periods presented.
 
This excerpt taken from the NOC 10-K filed Feb 20, 2008.
Other, net
2007 – Other, net for the year ended December 31, 2007 was $12 million expense, a decrease of $137 million, as compared with 2006. During 2006, the company sold its remaining 9.7 million TRW Automotive (TRW Auto) shares, generating pre-tax gains of $111 million.
 
2006 – Other, net for the year ended December 31, 2006 was $125 million income, a decrease of $74 million, or 37 percent, from 2005 income of $199 million. During 2005, the company sold 7.3 million TRW Auto shares and approximately 3.4 million Endwave shares, which generated pre-tax gains of $70 million and $95 million, respectively, as compared to the $111 million pre-tax gain in 2006 resulting from the sale of the remaining TRW Auto stock.
 
This excerpt taken from the NOC 10-Q filed Oct 24, 2007.
Other, Net
Other, net expense for the nine months ended September 30, 2007, increased $13 million, as compared with the same period in 2006 primarily due to $8 million related to a loss on asset disposal.
 
This excerpt taken from the NOC 10-K filed Feb 21, 2007.
Other, net
2006 – Other, net decreased $75 million, or 38 percent, from 2005 income of $200 million. During 2006, the company sold its remaining 9.7 million TRW Automotive (TRW Auto) shares, generating pre-tax gains of $111 million, which were partially offset by losses on other equity investments.
 
2005 – Other, net increased $218 million from 2004 expense of $18 million due primarily to the sale of 7.3 million TRW Auto shares and approximately 3.4 million Endwave shares, which generated pre-tax gains of $70 million and $95 million, respectively.
 
This excerpt taken from the NOC 10-Q filed Oct 24, 2006.
Other, Net
Other, net for the three months ended September 30, 2006, decreased $93 million, while other, net for the nine months ended September 30, 2006, decreased $192 million, as compared with the same period in 2005. The decreases were primarily due to a pre-tax gain of $81 million recognized from the sale of Endwave shares in the third quarter of 2005 and a pre-tax gain of $70 million recognized from the sale of TRW Auto shares in the first quarter of 2005. The nine-month period of 2006 also includes a $15 million write down of marketable securities.
 
This excerpt taken from the NOC 10-Q filed Jul 27, 2006.

Other, Net

Other, net for the three months ended June 30, 2006, decreased $16 million, as compared with the same period in 2005. The decreases were primarily due to a $13 million write down of marketable securities in the 2006 period.

 

Other, net for the six months ended June 30, 2006, decreased $99 million, as compared with the same period in 2005. The decrease was primarily due to the pre-tax gain of $70 million recognized from the sale of TRW Auto shares in the first quarter of 2005.

 

This excerpt taken from the NOC 10-Q filed Apr 25, 2006.

Other, Net

Other, net for the three months ended March 31, 2006, decreased $83 million, or 101 percent, as compared with the same period in 2005. The decrease was primarily due to the pre-tax gain of $70 million recognized from the sale of TRW Auto shares in the first quarter of 2005.

 

This excerpt taken from the NOC 10-K filed Feb 17, 2006.

Other, net

2005 – Other, net increased $218 million compared with 2004. During 2005, the company sold 7.25 million TRW Automotive shares and approximately 3.5 million Endwave shares, which generated pre-tax gains of $70 million and $95 million, respectively.

 

2004 – Other, net decreased $42 million compared with 2003. During 2004, the company recorded a $15 million foreign currency exchange loss on the liquidation of a subsidiary loan and a $13 million expense related to the early retirement of the $250 million 9.375% debentures due 2024.

 

This excerpt taken from the NOC 10-Q filed Oct 25, 2005.

Other, Net

Other, net for the three and nine months ended September 30, 2005, increased $101 million and $177 million, respectively, as compared with the same periods in 2004. The increases were primarily due to the pre-tax gain of $81 million recognized from the sale of Endwave shares in the third quarter of 2005 and the pre-tax gain of $70 million recognized from the sale of TRW Auto shares in the first quarter of 2005.

 

This excerpt taken from the NOC 10-Q filed Jul 28, 2005.

Other, Net

Other, net for the three and six months ended June 30, 2005, increased $4 million and $76 million, respectively, as compared with the same periods in 2004. The increase for the six-month period was primarily due to the pre-tax gain of $70 million recognized from the sale of TRW Auto shares in the first quarter of 2005.

 

This excerpt taken from the NOC 10-Q filed Apr 28, 2005.

Other, Net

Other, net for the three months ended March 31, 2005, increased $72 million as compared with the same period in 2004. The increase is primarily due to the pre-tax gain of $70 million recognized from the sale of the TRW Auto shares.

 

"Other, Net" elsewhere:

Freescale Semiconductor, Inc. (FSL)
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