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Condensed Consolidated Statements of Earnings and Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Sales $ 8,456 $ 7,119 $ 16,645 $ 13,854
Operating costs and expenses        
General and administrative expenses 784 739 1,544 1,450
Operating income 946 817 1,882 1,665
Other (expense) income        
Interest expense (137) (144) (275) (287)
FAS (non-service) pension benefit 200 258 400 512
Other, net 19 45 55 85
Earnings before income taxes 1,028 976 2,062 1,975
Federal and foreign income tax expense 167 187 338 346
Net earnings $ 861 $ 789 $ 1,724 $ 1,629
Basic earnings per share        
Basic earnings per share $ 5.07 $ 4.52 $ 10.15 $ 9.34
Weighted-average common shares outstanding, in millions 169.7 174.5 169.9 174.4
Diluted earnings per share        
Diluted earnings per share $ 5.06 $ 4.50 $ 10.11 $ 9.29
Weighted-average diluted shares outstanding, in millions 170.3 175.4 170.5 175.4
Net earnings (from above) $ 861 $ 789 $ 1,724 $ 1,629
Change in unamortized prior service credit, net of tax (12) (15) (23) (30)
Change in cumulative translation adjustment and other, net (4) (3) 0 (6)
Other comprehensive loss, net of tax (16) (18) (23) (36)
Comprehensive income 845 771 1,701 1,593
Product [Member]        
Sales 5,880 4,790 11,608 9,079
Cost of Sales 4,661 3,698 9,178 6,967
Service [Member]        
Sales 2,576 2,329 5,037 4,775
Cost of Sales $ 2,065 $ 1,865 $ 4,041 $ 3,772