Condensed Consolidated Statements of Financial Position (Unaudited) - USD ($) $ in Millions	Jun. 30, 2025	Dec. 31, 2024
Assets
Cash and cash equivalents	$ 1,899	$ 4,353
Accounts receivable, net	2,196	1,272
Unbilled receivables, net	7,133	5,908
Inventoried costs, net	1,553	1,455
Prepaid expenses and other current assets	1,245	1,286
Total current assets	14,026	14,274
Property, plant and equipment, net of accumulated depreciation of $9,207 for 2025 and $8,733 for 2024	10,537	10,536
Operating lease right-of-use assets	1,783	1,770
Goodwill	17,435	17,512
Intangible assets, net	231	254
Deferred tax assets	1,713	1,599
Pension and other postretirement benefit plan assets	2,393	2,184
Other non-current assets	1,333	1,230
Total assets	49,451	49,359
Liabilities
Trade accounts payable	2,592	2,599
Accrued employee compensation	1,856	2,271
Advance payments and billings in excess of costs incurred	3,997	4,070
Other current liabilities	5,014	5,188
Total current liabilities	13,459	14,128
Long-term debt, net of current portion of $551 for 2025 and $1,582 for 2024	15,160	14,692
Pension and other postretirement benefit plan liabilities	1,108	1,120
Operating lease liabilities	1,805	1,798
Other non-current liabilities	2,448	2,331
Total liabilities	33,980	34,069
Commitments and Contingencies
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: 2025—143,276,021 and 2024—144,952,026	143	145
Paid-in capital	0	0
Retained earnings	15,452	15,297
Accumulated other comprehensive loss	(124)	(152)
Total shareholders’ equity	15,471	15,290
Total liabilities and shareholders’ equity	$ 49,451	$ 49,359