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Consolidated Statements of Earnings and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues $ 33,841 $ 30,095 $ 26,004
Operating costs and expenses      
General and administrative expenses 3,290 3,011 2,712
Operating income 3,969 3,780 3,218
Other (expense) income      
Interest expense (528) (562) (360)
FAS (non-service) pension benefit 800 1,049 699
Mark-to-market pension and OPB (expense) benefit (1,800) (655) 536
Other, net 107 130 136
Earnings before income taxes 2,548 3,742 4,229
Federal and foreign income tax expense 300 513 1,360
Net earnings $ 2,248 $ 3,229 $ 2,869
Basic earnings per share      
Basic earnings per share $ 13.28 $ 18.59 $ 16.45
Weighted-average common shares outstanding, in millions 169.3 173.7 174.4
Diluted earnings per share      
Diluted earnings per share $ 13.22 $ 18.49 $ 16.34
Weighted-average diluted shares outstanding, in millions 170.0 174.6 175.6
Net earnings (from above) $ 2,248 $ 3,229 $ 2,869
Other comprehensive loss      
Change in unamortized prior service credit, net of tax expense of $15 in 2019, $19 in 2018 and $35 in 2017 (47) (60) (44)
Change in cumulative translation adjustment and other, net 2 (14) (2)
Other comprehensive loss, net of tax (45) (74) (46)
Comprehensive income 2,203 3,155 2,823
Product [Member]      
Cost of Goods and Services Sold 18,675 15,785 12,527
Revenues 23,852 20,469 16,364
Service [Member]      
Cost of Goods and Services Sold 7,907 7,519 7,547
Revenues $ 9,989 $ 9,626 $ 9,640