Northrop Grumman 10Q 2012 Q1 Quarterly report | NOC Filing

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: affirmed, altered, anniversary, Asia, asserted, Ballistic, banc, Beach, Block, booked, certainty, contributor, CUs, dialogue, disposition, divestiture, driver, drove, earlier, effort, en, fixed, function, functional, guidance, headquartered, Herndon, ICBM, inception, influence, Intercontinental, intersegment, LAF, largest, Linthicum, LRIP, mandated, Maryland, McLean, meaningful, moved, nominal, Pacific, payout, predominant, real, realignment, reconciliation, Redondo, rehearing, reliable, reserved, retrospectively, sequestration, skilled, Skinner, slowdown, task, unpaid, vigorously

Removed: ability, account, acquire, active, advisory, aerial, Afghanistan, alleging, amortized, apply, approved, Army, ASD, assessment, asset, assigned, assistance, asSkinner, assume, assurance, Atlantic, attorney, August, authority, balance, bargaining, began, begin, behavior, bomber, bond, broader, brought, callable, called, capability, Carlo, carrier, carry, carved, causal, charged, chemical, claim, clear, climate, collection, combat, communicated, communicating, communication, comparable, Complaint, computer, connectivity, contaminated, contamination, conventional, cover, crew, criminal, criteria, culmination, curve, data, decade, declaratory, Deconsolidation, deemed, defendant, delay, delayed, denominated, denying, depot, detect, detection, deteriorated, determination, determine, determining, detriment, develop, developer, DGSD, directed, directly, discovery, dissemination, division, duration, EAC, eligible, emergency, employer, enabling, Encore, endurance, energy, equal, equipment, established, exceed, excessive, exclusively, exercised, expensed, experience, expire, explore, exposed, external, externally, extremely, facility, failure, fast, file, fleet, formation, framework, full, gas, Gen, generation, Glossary, goal, greater, green, greenhouse, ground, groundwater, group, HALE, hardware, hearing, hedging, hired, hold, hostile, identification, ILMD, impairment, improve, inability, incidental, incremental, infrared, infrastructure, inside, insignificant, intangible, integrate, integrator, intelligibility, Interbank, internally, intrinsic, investigate, investor, Iraq, IRS, issue, judge, Kohlberg, lawsuit, led, legally, leveraged, LIBOR, lieu, Link, listed, LITENING, LLC, loan, London, longer, maintain, maintaining, managed, maritime, maturity, maximize, measuring, meet, mentioned, minimal, mismatch, mitigating, model, modeling, Monte, nation, natural, Navy, negatively, negligence, networking, Nevada, Notable, notice, NPRM, NSTec, nuisance, Obama, observe, Offered, ongoing, operation, operational, option, Orange, organic, original, originally, outsourcing, page, partial, participation, Patrol, payload, periodic, periodically, persistent, planned, platform, pricing, processed, produce, producer, producing, projected, provision, PRP, punitive, pursuant, qualify, realized, reassigned, reclassification, reconciled, reduce, reducing, refinancing, regional, reimbursement, relating, relevant, remedial, remediate, remediating, repaid, replaced, requiring, respond, return, reversal, revolver, Rulemaking, safety, secure, senior, sensitivity, served, shallow, shorter, site, situation, solution, sophisticated, source, speculative, speech, spill, sponsored, spun, SS, statutory, stealth, stratification, subcontract, submit, successful, summarized, Super, Superior, supplemental, supported, supporting, sustain, swap, sweeping, tactical, tanker, TASC, team, telescope, terror, test, testing, thereto, threshold, timely, tracking, traded, transformation, Treasury, TSD, typical, unavailable, unclear, unit, universe, unrecognized, unspecified, unvested, upgrade, utilization, utilized, vacated, valuation, varying, vehicle, Vehicular, venture, vested, vesting, violation, VIS, volatile, volatility, war, water, Webb, workforce, worldwide, yield



$ in millions	Three Months Ended March 31				Year Ended December 31
Earnings:	2012		2011		2011		2010		2009		2008		2007
Earnings from continuing operations before income taxes	$	756	$	758	$	3,083	$	2,366	$	2,070	$	1,841	$	2,158
Fixed Charges:
Interest expense, including amortization of debt premium	53		58		221		269		269		271		312
Portion of rental expenses on operating leases deemed to be representative of the interest factor	28		35		140		149		167		177		177
Earnings from continuing operations before income taxes and fixed charges	$	837	$	851	$	3,444	$	2,784	$	2,506	$	2,289	$	2,647
Fixed Charges:	$	81	$	93	$	361	$	418	$	436	$	448	$	489
Ratio of earnings to fixed charges	10.3		9.2		9.5		6.7		5.7		5.1		5.4

Northrop Grumman (NOC) 10-Q2012 Q1 Quarterly report

Content analysis