Consolidated Balance Sheets (Unaudited) - USD ($)	Apr. 02, 2017	Dec. 31, 2016
Current assets
Cash and cash equivalents	$ 2,186,000,000	$ 3,303,000,000
Short-term investments	399,000,000	100,000,000
Receivables, net	1,319,000,000	1,163,000,000
Contract assets	5,555,000,000	5,041,000,000
Inventories	599,000,000	608,000,000
Prepaid expenses and other current assets	457,000,000	670,000,000
Total current assets	10,515,000,000	10,885,000,000
Property, plant and equipment, net	2,146,000,000	2,166,000,000
Goodwill	14,825,000,000	14,788,000,000
Other assets, net	2,383,000,000	2,399,000,000
Total assets	29,869,000,000	30,238,000,000
Current liabilities
Notes payable and current portion of long-term debt	251,000,000	0
Contract liabilities	2,605,000,000	2,646,000,000
Accounts payable	1,282,000,000	1,520,000,000
Accrued employee compensation	871,000,000	1,234,000,000
Other current liabilities	1,298,000,000	1,139,000,000
Total current liabilities	6,307,000,000	6,539,000,000
Accrued retiree benefits and other long-term liabilities	7,743,000,000	7,758,000,000
Long-term debt	5,086,000,000	5,335,000,000
Commitments and contingencies (Note 10)
Redeemable noncontrolling interest (Note 8)	349,000,000	449,000,000
Raytheon Company stockholders’ equity
Common stock, par value, $0.01 per share, 1,450 shares authorized, 291 and 293 shares outstanding at April 2, 2017 and December 31, 2016, respectively	3,000,000	3,000,000
Additional paid-in capital	0	0
Accumulated other comprehensive loss	(7,218,000,000)	(7,411,000,000)
Retained earnings	17,599,000,000	17,565,000,000
Total Raytheon Company stockholders’ equity	10,384,000,000	10,157,000,000
Noncontrolling interests in subsidiaries	0	0
Total equity	10,384,000,000	10,157,000,000
Total liabilities, redeemable noncontrolling interest and equity	$ 29,869,000,000	$ 30,238,000,000