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Condensed Consolidated Statements of Earnings and Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Sales $ 8,085 $ 6,569 $ 21,939 $ 19,452
Operating costs and expenses        
General and administrative expenses 817 679 2,267 2,063
Operating income 1,178 837 2,855 2,572
Other (expense) income        
Interest expense (133) (73) (420) (224)
Net FAS (non-service) Pension Benefit (Expense) 135 2 380 (33)
Other, net 57 16 142 67
Earnings before income taxes 1,237 782 2,957 2,382
Federal and foreign income tax expense 93 139 385 534
Net earnings $ 1,144 $ 643 $ 2,572 $ 1,848
Basic earnings per share        
Basic earnings per share $ 6.57 $ 3.69 $ 14.76 $ 10.59
Weighted-average common shares outstanding, in millions 174.1 174.2 174.3 174.5
Diluted earnings per share        
Diluted earnings per share $ 6.54 $ 3.67 $ 14.68 $ 10.52
Weighted-average diluted shares outstanding, in millions 174.9 175.3 175.2 175.6
Net earnings (from above) $ 1,144 $ 643 $ 2,572 $ 1,848
Change in unamortized benefit plan costs, net of tax 84 99 256 300
Change in cumulative translation adjustment (2) 0 (4) 0
Other, net (1) 0 (5) 3
Other comprehensive income, net of tax 81 99 247 303
Comprehensive income 1,225 742 2,819 2,151
Product        
Sales 5,614 4,183 14,693 12,217
Cost of sales 4,229 3,189 11,188 9,209
Service        
Sales 2,471 2,386 7,246 7,235
Cost of sales $ 1,861 $ 1,864 $ 5,629 $ 5,608