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Condensed Consolidated Statements of Earnings and Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues $ 9,996 $ 9,775 $ 30,347 $ 28,652
Operating costs and expenses        
General and administrative expenses 986 1,025 3,149 3,136
Total operating costs and expenses 8,876 8,759 27,066 25,722
Operating income 1,120 1,016 3,281 2,930
Other (expense) income        
Interest expense (161) (141) (461) (417)
Non-operating FAS pension benefit 168 132 503 397
Other, net 61 111 142 193
Earnings before income taxes 1,188 1,118 3,465 3,103
Federal and foreign income tax expense 162 181 555 512
Net earnings $ 1,026 $ 937 $ 2,910 $ 2,591
Basic earnings per share        
Basic earnings per share $ 7.02 $ 6.20 $ 19.73 $ 17.07
Weighted-average common shares outstanding, in millions 146.2 151.2 147.5 151.8
Diluted earnings per share        
Diluted earnings per share $ 7.00 $ 6.18 $ 19.69 $ 17.00
Weighted-average diluted shares outstanding, in millions 146.5 151.7 147.8 152.4
Net earnings (from above) $ 1,026 $ 937 $ 2,910 $ 2,591
Change in cumulative translation adjustment (2) (6) (2) (11)
Change in other, net 8 (3) (10) (5)
Other comprehensive income (loss), net of tax 10 3 (8) 6
Comprehensive income 1,036 940 2,902 2,597
Product [Member]        
Revenues 7,939 7,678 24,117 22,390
Cost of Sales 6,280 6,135 19,079 17,738
Service [Member]        
Revenues 2,057 2,097 6,230 6,262
Cost of Sales $ 1,610 $ 1,599 $ 4,838 $ 4,848