XML 17 R3.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 3,941 $ 4,907
Accounts receivable, net 1,910 1,501
Unbilled receivables, net 5,418 5,140
Inventoried costs, net 863 759
Prepaid expenses and other current assets 630 1,402
Assets of disposal group held for sale 0 1,635
Total current assets 12,762 15,344
Property, plant and equipment, net of accumulated depreciation of $6,640 for 2021 and $6,335 for 2020 7,164 7,071
Operating lease right-of-use assets 1,575 1,533
Goodwill 17,518 17,518
Intangible assets, net 680 783
Deferred tax assets 433 311
Other non-current assets 2,010 1,909
Total assets 42,142 44,469
Liabilities    
Trade accounts payable 2,001 1,806
Accrued employee compensation 1,746 1,997
Advance payments and billings in excess of costs incurred 2,526 2,517
Other current liabilities 2,318 3,002
Liabilities of disposal group held for sale 0 258
Total current liabilities 8,591 9,580
Long-term debt, net of current portion of $6 for 2021 and $742 for 2020 12,764 14,261
Pension and other postretirement benefit plan liabilities 5,942 6,498
Operating lease liabilities 1,389 1,343
Other non-current liabilities 2,284 2,208
Total liabilities 30,970 33,890
Commitments and contingencies (Note 6)
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: 2021—160,384,110 and 2020—166,717,179 160 167
Paid-in capital 0 58
Retained earnings 11,144 10,482
Accumulated other comprehensive loss (132) (128)
Total shareholders’ equity 11,172 10,579
Total liabilities and shareholders’ equity $ 42,142 $ 44,469