Consolidated Statements of Financial Position - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Assets
Cash and cash equivalents	$ 4,353	$ 3,109
Accounts receivable, net	1,272	1,454
Unbilled receivables, net	5,908	5,693
Inventoried costs, net	1,455	1,109
Prepaid expenses and other current assets	1,286	2,341
Total current assets	14,274	13,706
Property, plant and equipment, net of accumulated depreciation of $8,733 for 2024 and $7,964 for 2023	10,536	9,653
Operating lease right-of-use assets	1,770	1,818
Goodwill	17,512	17,517
Intangible assets, net	254	305
Deferred tax assets	1,599	1,020
Non-current assets	2,184	1,331
Other non-current assets	1,230	1,194
Total assets	49,359	46,544
Liabilities
Trade accounts payable	2,599	2,110
Accrued employee compensation	2,271	2,251
Advance payments and billings in excess of costs incurred	4,070	4,193
Other current liabilities	5,188	3,388
Total current liabilities	14,128	11,942
Long-term debt, net of current portion of $1,582 for 2024 and $70 for 2023	14,692	13,786
Pension and other postretirement benefit plan liabilities	1,120	1,290
Operating lease liabilities	1,798	1,892
Other non-current liabilities	2,331	2,839
Total liabilities	34,069	31,749
Commitments and contingencies (Note 11)
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: 2024—144,952,026 and 2023—150,109,271	145	150
Paid-in capital	0	0
Retained earnings	15,297	14,773
Accumulated other comprehensive loss	(152)	(128)
Total shareholders’ equity	15,290	14,795
Total liabilities and shareholders’ equity	$ 49,359	$ 46,544