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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating activities    
Net earnings $ 1,873 $ 1,724
Adjustments to reconcile to net cash used in operating activities:    
Depreciation and amortization 605 606
Stock-based compensation 36 55
Deferred income taxes 169 48
Changes in assets and liabilities:    
Accounts receivable, net (663) (384)
Unbilled receivables, net (126) (658)
Inventoried costs, net (49) (156)
Prepaid expenses and other assets (16) (48)
Accounts payable and other liabilities (374) (367)
Income taxes payable, net 330 194
Retiree benefits (473) (285)
Other Noncash Income (Expense) (32) 35
Net cash used in operating activities 1,344 694
Investing activities    
Capital expenditures (541) (536)
Other, net 2 1
Net cash used in investing activities (539) (535)
Financing activities    
Net proceeds from issuance of long-term debt 2,239 0
Payments to credit facilities (13) (20)
Net borrowings on commercial paper 0 101
Common stock repurchases (490) (231)
Cash dividends paid (469) (435)
Payments of employee taxes withheld from share-based awards (64) (63)
Other, net (75) (2)
Net cash provided by financing activities 1,128 (650)
Decrease in cash and cash equivalents 1,933 (491)
Cash and cash equivalents, beginning of year 2,245 1,579
Cash and cash equivalents, end of period $ 4,178 $ 1,088