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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, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Sales $ 8,475 $ 8,085 $ 25,120 $ 21,939
Operating costs and expenses        
General and administrative expenses 776 817 2,320 2,267
Operating income 951 1,172 2,833 2,837
Other (expense) income        
Interest expense (123) (133) (398) (420)
FAS (non-service) pension benefit 200 270 600 782
Other, net 27 55 82 140
Earnings before income taxes 1,055 1,364 3,117 3,339
Federal and foreign income tax expense 122 120 460 466
Net earnings $ 933 $ 1,244 $ 2,657 $ 2,873
Basic earnings per share        
Basic earnings per share $ 5.52 $ 7.15 $ 15.67 $ 16.48
Weighted-average common shares outstanding, in millions 169.1 174.1 169.6 174.3
Diluted earnings per share        
Diluted earnings per share $ 5.49 $ 7.11 $ 15.60 $ 16.40
Weighted-average diluted shares outstanding, in millions 169.9 174.9 170.3 175.2
Net earnings (from above) $ 933 $ 1,244 $ 2,657 $ 2,873
Change in unamortized prior service credit, net of tax (12) (15) (35) (45)
Change in cumulative translation adjustment and other, net 0 (3) 0 (9)
Other comprehensive loss, net of tax (12) (18) (35) (54)
Comprehensive income 921 1,226 2,622 2,819
Product [Member]        
Sales 5,997 5,614 17,605 14,693
Cost of Sales 4,777 4,233 13,955 11,200
Service [Member]        
Sales 2,478 2,471 7,515 7,246
Cost of Sales $ 1,971 $ 1,863 $ 6,012 $ 5,635