Unbilled Receivables, Net

12 Months Ended

Dec. 31, 2022

Unbilled Receivables, Net [Abstract]

Unbilled Receivables Disclosure [Text Block]

5. UNBILLED RECEIVABLES, NET

Unbilled receivables, net represent revenue recognized under the cost-to-cost method that exceeds amounts billed to customers. Substantially all unbilled receivables at December 31, 2022 are expected to be billed and collected in 2023. Progress and performance-based payments are reflected as an offset to the related unbilled receivable balances.

Unbilled receivables, net consisted of the following:

	December 31
$ in millions	2022		2021
Due from U.S. government (1)
Unbilled receivables	$	23,304	$	22,140
Progress and performance-based payments received	(17,664)		(17,038)
Total due from U.S. government	5,640		5,102
Due from international and other customers
Unbilled receivables	1,822		2,913
Progress and performance-based payments received	(1,460)		(2,503)
Total due from international and other customers	362		410
Unbilled receivables, net of progress and performance-based payments received	6,002		5,512
Allowance for expected credit losses	(19)		(20)
Unbilled receivables, net	$	5,983	$	5,492

(1)Includes unbilled receivables due from the U.S. government associated with FMS sales. For FMS, we contract with and are paid by the U.S. government.