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Condensed Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Jun. 30, 2017
Dec. 31, 2016
Assets        
Cash and cash equivalents $ 1,539 $ 11,225 $ 1,383 $ 2,541
Accounts receivable, net 1,815 1,054    
Unbilled receivables, net 5,272 3,465    
Inventoried costs, net 690 398    
Prepaid expenses and other current assets 406 445    
Total current assets 9,722 16,587    
Property, plant and equipment, net of accumulated depreciation of $5,187 for 2018 and $5,066 for 2017 5,864 4,225    
Goodwill 18,747 12,455    
Intangible Assets, net 1,329 52    
Deferred tax assets 179 447    
Other non-current assets 1,537 1,362    
Total assets 37,378 35,128    
Liabilities        
Trade accounts payable 1,824 1,661    
Accrued employee compensation 1,451 1,382    
Advance payments and amounts in excess of costs incurred 1,711 1,761    
Other current liabilities 2,847 2,288    
Total current liabilities 7,833 7,092    
Long-term debt, net of current portion of $744 for 2018 and $867 for 2017 14,387 14,399    
Pension and other post-retirement benefit plan liabilities 5,755 5,511    
Other non-current liabilities 1,176 994    
Total liabilities 29,151 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—174,254,250 and 2017—174,085,619 174 174    
Paid-in capital 0 44    
Retained earnings 13,669 11,632    
Accumulated other comprehensive loss (5,616) (4,718)    
Total shareholders’ equity 8,227 7,132 $ 6,036  
Total liabilities and shareholders’ equity $ 37,378 $ 35,128