2019-11-09T14:46:18-06:00 2018-12-31 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2018-01-01 953386394 NORTHROP GRUMMAN CORPORATION VEBA MASTER TRUST I NORT 6176649235 STATE ST BANK 1200 CROWN COLONY DR QUINCY MA 02169 STATE STREET BANK TRUSTEE 6176649235 2019-11-09 1 GARRETT M HIGGINS P00543209 2122862600 2019-11-08 65.51.112.58 2019-11-09 14:46:15 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 9616F4B14A694591D1E716C270910E6FA5556DA3 2018 2020-01-14 16:20:31Z RAJENDER CHANDHOK 101 CONTINENTAL BLVD EL SEGUNDO CA 90245 1153650783 0 X N/A X 1988 MA THE NORTHROP GRUMMAN CORPORATION VEBA MASTER TRUST I ("VEBA I") PROVIDES HEALTH CARE AND LIFE INSURANCE TO ELIGIBLE EMPLOYEES AND THEIR DEPENDENTS AS SET FORTH IN THE NORTHROP GRUMMAN CORPORATION VEBA MASTER TRUST I. 5 0 0 0 63266108 52242200 0 0 876706034 873153569 8951137 62536992 174459 729116 885831630 936419677 0 0 832150427 850715530 32126 48649 0 0 0 52262509 66656123 884445062 917420302 1386568 18999375 221390445 241805926 2512 1835905 221387933 239970021 THE PRIMARY PURPOSE OF VEBA I ("VEBA I") IS TO PROVIDE HEALTH CARE AND LIFE INSURANCE BENEFITS TO ELIGIBLE EMPLOYEES AND THEIR DEPENDENTS AS SET FORTH IN THE NORTHROP GRUMMAN CORPORATION VEBA MASTER TRUST I. 0 0 PAYMENT OF HEALTH CARE AND LIFE INSURANCE CLAIMS FOR ELIGIBLE EMPLOYEES AND THEIR DEPENDENTS UNDER THE NORTHROP GRUMMAN CORPORATION VEBA MASTER TRUST I. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 X 0 0 0 1 1 1 AS AU BE CA DA FI FR GM GR HK EI IT LU NL NZ NO PO SN SP SW IS JA SZ NO UK 0 0 0 0 0 0 X 5 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 CA X X X JASON R PRESCOTT STATE STREET BAN 6176649235 1200 CROWN COLONY DRIVE QUINCY MA 02169 ERIC SCHOLTEN INVMT COMMITTEE CHAIR 0.50 X X 0 0 0 RAJENDER CHANDHOK INVMT COMMITTEE MEMBER 0.50 X 0 0 0 JEFF SCHMIDT INVMT COMMITTEE MEMBER 0.50 X 0 0 0 PRABU NATARAJAN INVMT COMMITTEE MEMBER 0.50 X 0 0 0 SONAL SONNIE DESUPANDE INVMT COMMITTEE MEMBER 0.50 X 0 0 0 STATE STREET BANK TRUSTEE 40.00 X 48649 0 0 48649 0 0 0 0 0 0 ANTHEM BLUE CROSS 801 SOUTH FIGUEROA STREET 5TH FLOO LOS ANGELES CA 90017 MEDICAL CLAIMS 420687534 CVS CAREMARK ONE CVS DRIVE WOONSOCKET RI 02895 SELF INSURANCE CLAIMS 116192364 KAISER FOUNDATION HEALTH PLAN 10121 S E SUNNYSIDE RD SUITE 30 CLACKAMAS OR 97015 MEDICAL CLAIMS 84763129 UNUM LIFE INSURANCE CO OF AMERICA 1 FONTAIN SQUARE CHATTANOOGA TN 37402 SELF INSURANCE CLAIMS 56011773 METLIFE 200 PARK AVENUE NEW YORK NY 10166 SELF INSURANCE CLAIMS 52767805 35 EMPLOYER CONTRIBUTIONS 900099 578222382 578222382 EMPLOYEE CONTRIBUTIONS 900099 256681838 256681838 OTHER CONTRIBUTIONS 900099 38249349 38249349 873153569 7589589 7589589 272178509 217231106 54947403 54947403 54947403 OTHER INVESTMENT INCOME 900099 654281 654281 STOCK LOAN INCOME 900001 74835 74835 729116 936419677 873153569 63266108 0 850715530 48649 159931 311277 178567 9259408 106835 TAX EXPENSE 19380146 ADMIN EXP & ASO FEES 37089058 TEMPORARY HELP 92474 MISCELLEANEOUS EXPENSE 74109 4318 917420302 527295 1991837 117764163 121721291 102613439 116947009 485548 1145789 221390445 241805926 2512 1835905 2512 1835905 X 221387933 239970021 0 0 0 0 221387933 239970021 221390445 241805926 X 18999375 -417287 X X 0 1 X 1 0 0 INVESTMENT PAYABLE 817477 FOREIGN CURRENCY PAYABLE 683000 MARGIN VAR PAYABLE 335428 1835905 X 772160000 0 772160000 164259677 164259677 936419677 898634000 0 898634000 18786302 18786302 917420302 PART X, LINE 2: GAAP REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE AUTHORITIES. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PLAN ADMINISTRATOR BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION FOR YEARS PRIOR TO 2015. PART XI, LINE 4B - OTHER ADJUSTMENTS: ACCRUAL TO CASH ADJUSTMENTS 164,259,677. PART XII, LINE 4B - OTHER ADJUSTMENTS: ACCRUAL TO CASH ADJUSTMENTS 18,786,302. FORM 990, PART VI, SECTION A, LINE 8B THE TRUST HAS NO SUCH COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE TRUSTEE OF VEBA I HAS RETAINED AN OUTSIDE ACCOUNTING FIRM TO PREPARE THE REQUIRED FORM 990. THE FORM 990 IS PRINTED AND MAILED TO THE CORPORATE DIRECTOR OF INVESTMENTS AT NORTHROP GRUMMAN CORPORATION, INVESTMENTS & TRUST DEPARTMENT FOR REVIEW PRIOR TO FILING. REASONABLENESS CHECK IS PERFORMED. IRREGULARITIES OR ISSUES ON FILING ARE RAISED TO THE INVESTMENT COMMITTEE. ANY COMMENTS ARE RETURNED TO THE ACCOUNTING FIRM, ISSUES ARE RESOLVED PRIOR TO THE PRINTING OF THE FINAL FORM 990. THE CORPORATE DIRECTOR OF INVESTMENTS AT NORTHROP GRUMMAN SIGNS AND MAILS THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C NORTHROP GRUMMAN CORPORATION CORPORATE EMPLOYEES ARE COVERED UNDER A CORPORATE CONFLICTS OF INTEREST POLICY THAT WAS IN PLACE PRIOR TO DECEMBER 31, 2008. NORTHROP GRUMMAN CORPORATE EMPLOYEES ARE REQUIRED TO CERTIFY ANNUALLY AND AT ANY TIME THEREAFTER WHEN THEY HAVE ENCOUNTERED A SITUATION WHICH COULD POTENTIALLY RESULT IN AN ACTUAL OR PERCEIVED CONFLICT OF INTEREST. THE CORPORATE CONFLICTS OF INTEREST POLICY IS MONITORED AND ENFORCED BY THE NORTHROP GRUMMAN CORPORATE RESPONSIBILITY DEPARTMENT AND IS OUTSIDE THE SCOPE OF RESPONSIBILITIES OF THE INDIVIDUALS LISTED IN PART VII. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION IS A VEBA TRUST. THE TRUST PAYS BENEFITS ON BEHALF OF PARTICPATING EMPLOYEES. THE TRUST'S TRUSTEE, STATE STREET BANK, ADMINISTERS THE BENEFITS. FEES PAID TO THE TRUSTEE ARE BASED ON WHAT IS REASONABLE FOR THE MARKET. THE BOARD DETERMINES THE REASONABLE RATE BASED ON WHAT'S CHARGED IN THE INDUSTRY. FORM 990, PART VI, SECTION C, LINE 19 THE TRUST MAKES IT FORM 990 AVAILABLE FOR PUBLIC INSPECTION BY POSTING IT ON ITS WEBSITE AS WELL AS GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION AT THE OFFICE OF THE PLAN ADMINISTRATOR. NORTHROP GRUMMAN POLICIES ARE AVAILABLE ON THE NORTHROP GRUMMAN WEBSITE. FORM 990, PART XI, LINE 9: UNREALIZED FUTURES VARIATION -417,287. FORM 990, PART XI, LINE 2C: COMMITTEE OVERSIGHT OF THE AUDITED FINANCIALS THE BENEFITS ADMINISTRATIVE COMMITTEE HAS OVERSIGHT FINANCIAL RESPONSIBILITY OVER THE PLANS FUNDED BY THE VEBA. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. NORTHROP GRUMMAN CORPORATION 2980 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042 800640649 GLOBAL SECURITY COMPANY PROVIDING INNOVATIVE SYSTEMS WORLDWIDE CA N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1