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Condensed Consolidated Statements of Earnings and Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Sales $ 9,157 $ 8,620
Operating costs and expenses    
General and administrative expenses 898 788
Total operating costs and expenses 8,315 7,686
Gain on sale of business 1,980 0
Operating income 2,822 934
Other (expense) income    
Interest expense (155) (125)
Non-operating FAS pension benefit 367 302
Other, net (18) (58)
Earnings before income taxes 3,016 1,053
Federal and foreign income tax expense 821 185
Net earnings $ 2,195 $ 868
Basic earnings per share    
Basic earnings per share $ 13.46 $ 5.18
Weighted-average common shares outstanding, in millions 163.1 167.7
Diluted earnings per share    
Diluted earnings per share $ 13.43 $ 5.15
Weighted-average diluted shares outstanding, in millions 163.5 168.4
Net earnings (from above) $ 2,195 $ 868
Change in unamortized prior service credit, net of tax (2) (10)
Change in cumulative translation adjustment and other, net (1) (9)
Other comprehensive loss, net of tax (3) (19)
Comprehensive income 2,192 849
Product [Member]    
Sales 7,022 6,176
Cost of Sales 5,690 4,952
Service [Member]    
Sales 2,135 2,444
Cost of Sales $ 1,727 $ 1,946