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Condensed Consolidated Statements of Financial Position (Unaudited) (USD $)
In Millions, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Assets    
Cash and cash equivalents $ 4,944 $ 3,862
Accounts receivable, net of progress payments 3,003 2,858
Inventoried costs, net of progress payments 784 798
Deferred tax assets 596 574
Prepaid expenses and other current assets 264 300
Total current assets 9,591 8,392
Property, plant and equipment, net of accumulated depreciation of $4,305 in 2013 and $4,146 in 2012 2,763 2,887
Goodwill 12,438 12,431
Non-current deferred tax assets 1,274 1,542
Other non-current assets 1,339 1,291
Total assets 27,405 26,543
Liabilities    
Trade accounts payable 1,221 1,392
Accrued employee compensation 1,058 1,173
Advance payments and amounts in excess of costs incurred 1,698 1,759
Other current liabilities 1,785 1,732
Total current liabilities 5,762 6,056
Long-term debt, net of current portion 5,928 3,930
Pension and post-retirement benefit plan liabilities 5,374 6,085
Other non-current liabilities 985 958
Total liabilities 18,049 17,029
Commitments and contingencies      
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— 223,775,721 and 2012—239,209,812 224 239
Paid-in capital 1,479 2,924
Retained earnings 12,196 11,138
Accumulated other comprehensive loss (4,543) (4,787)
Total shareholders’ equity 9,356 9,514
Total liabilities and shareholders’ equity $ 27,405 $ 26,543