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Condensed Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Mar. 31, 2017
Dec. 31, 2016
Assets        
Cash and cash equivalents $ 10,369 $ 11,225 $ 1,403 $ 2,541
Accounts receivable, net 1,241 1,054    
Unbilled receivables, net 3,869 3,465    
Inventoried costs, net 435 398    
Prepaid expenses and other current assets 243 445    
Total current assets 16,157 16,587    
Property, plant and equipment, net of accumulated depreciation of $5,119 for 2018 and $5,066 for 2017 4,285 4,225    
Goodwill 12,455 12,455    
Deferred tax assets 474 447    
Other non-current assets 1,424 1,414    
Total assets 34,795 35,128    
Liabilities        
Trade accounts payable 1,395 1,661    
Accrued employee compensation 1,204 1,382    
Advance payments and amounts in excess of costs incurred 1,479 1,761    
Other current liabilities 2,337 2,288    
Total current liabilities 6,415 7,092    
Long-term debt, net of current portion of $868 for 2018 and $867 for 2017 14,392 14,399    
Pension and other post-retirement benefit plan liabilities 5,362 5,511    
Other non-current liabilities 946 994    
Total liabilities 27,115 27,996    
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: 2018—174,382,256 and 2017—174,085,619 174 174    
Paid-in capital 0 44    
Retained earnings 13,205 11,632    
Accumulated other comprehensive loss (5,699) (4,718)    
Total shareholders’ equity 7,680 7,132 $ 5,672  
Total liabilities and shareholders’ equity $ 34,795 $ 35,128