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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities    
Net earnings $ 2,816 $ 4,295
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 960 908
Stock-based compensation 72 71
Deferred income taxes (438) (105)
Gain on sale of business 0 (1,980)
Net periodic pension and OPB income (895) (818)
Pension and OPB contributions (106) (108)
Changes in assets and liabilities:    
Accounts receivable, net (469) (133)
Unbilled receivables, net (1,038) (596)
Inventoried costs, net (171) (113)
Prepaid expenses and other assets (64) 6
Accounts payable and other liabilities (57) 49
Income taxes payable, net (56) 663
Other operating activities, net 96 (14)
Net cash provided by operating activities 650 2,125
Investing activities    
Divestiture of IT services business 0 3,400
Capital expenditures (803) (682)
Proceeds from sale of equipment to a customer 100 84
Other investing activities, net 40 (3)
Net cash (used in) provided by investing activities (663) 2,799
Financing activities    
Payments of long-term debt 0 (2,236)
Common stock repurchases (1,011) (2,724)
Cash dividends paid (786) (737)
Payments of employee taxes withheld from share-based awards (50) (33)
Other financing activities, net (4) (46)
Net cash used in financing activities (1,851) (5,776)
Decrease in cash and cash equivalents (1,864) (852)
Cash and cash equivalents, beginning of year 3,530 4,907
Cash and cash equivalents, end of period $ 1,666 $ 4,055