XML 24 R4.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Financial Position - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 4,907 $ 2,245
Accounts receivable, net 1,501 1,326
Unbilled receivables, net 5,140 5,334
Inventoried costs, net 759 783
Prepaid expenses and other current assets 1,402 997
Assets of disposal group held for sale 1,635 0
Total current assets 15,344 10,685
Property, plant and equipment, net of accumulated depreciation of $6,335 for 2020 and $5,850 for 2019 7,071 6,912
Operating lease right-of-use assets 1,533 1,511
Goodwill 17,518 18,708
Intangible assets, net 783 1,040
Deferred tax assets 311 508
Other non-current assets 1,909 1,725
Total assets 44,469 41,089
Liabilities    
Trade accounts payable 1,806 2,226
Accrued employee compensation 1,997 1,865
Advance payments and billings in excess of costs incurred 2,517 2,237
Other current liabilities 3,002 3,106
Liabilities of disposal group held for sale 258 0
Total current liabilities 9,580 9,434
Long-term debt, net of current portion of $742 for 2020 and $1,109 for 2019 14,261 12,770
Pension and other postretirement benefit plan liabilities 6,498 6,979
Operating lease liabilities 1,343 1,308
Other non-current liabilities 2,208 1,779
Total liabilities 33,890 32,270
Commitments and contingencies (Note 12)
Shareholders’ equity    
Preferred stock, $1 par value; 10,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $1 par value; 800,000,000 shares authorized; issued and outstanding: 2020—166,717,179 and 2019—167,848,424 167 168
Paid-in capital 58 0
Retained earnings 10,482 8,748
Accumulated other comprehensive loss (128) (97)
Total shareholders’ equity 10,579 8,819
Total liabilities and shareholders’ equity $ 44,469 $ 41,089