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Condensed Consolidated Statements of Financial Position (Unaudited) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Assets    
Cash and cash equivalents $ 3,183 $ 3,862
Accounts receivable, net of progress payments 3,050 2,858
Inventoried costs, net of progress payments 930 798
Deferred tax assets 524 574
Prepaid expenses and other current assets 159 300
Total current assets 7,846 8,392
Property, plant and equipment, net of accumulated depreciation of $4,215 in 2013 and $4,146 in 2012 2,829 2,887
Goodwill 12,437 12,431
Non-current deferred tax assets 1,510 1,542
Other non-current assets 1,292 1,291
Total assets 25,914 26,543
Liabilities    
Trade accounts payable 1,225 1,392
Accrued employee compensation 938 1,173
Advance payments and billings in excess of costs incurred 1,801 1,759
Other current liabilities 1,591 1,732
Total current liabilities 5,555 6,056
Long-term debt, net of current portion 3,937 3,930
Pension and post-retirement benefit plan liabilities 6,025 6,085
Other non-current liabilities 928 958
Total liabilities 16,445 17,029
Commitments and contingencies (Note 7)      
Shareholders' equity    
Preferred stock, $1 par value; 10,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $1 par value; 800,000,000 shares authorized; issued and outstanding: 2013—235,102,831; 2012—239,209,812 235 239
Paid-in capital 2,461 2,924
Retained earnings 11,496 11,138
Accumulated other comprehensive loss (4,723) (4,787)
Total shareholders' equity 9,469 9,514
Total liabilities and shareholders' equity $ 25,914 $ 26,543