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Consolidated Statements of Financial Position - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 14,614 $ 8,052
Short-term and other investments 2,606 8,192
Accounts receivable, net 2,517 2,641
Unbilled receivables, net 8,634 8,620
Current portion of customer financing, net 154 117
Inventories 78,151 78,823
Other current assets, net 2,847 2,221
Total current assets 109,523 108,666
Customer financing, net 1,450 1,695
Property, plant and equipment, net 10,550 10,918
Goodwill 8,057 8,068
Acquired intangible assets, net 2,311 2,562
Deferred income taxes 63 77
Investments 983 975
Other assets, net of accumulated amortization of $949 and $975 4,163 5,591
Total assets 137,100 138,552
Liabilities and equity    
Accounts payable 10,200 9,261
Accrued liabilities 21,581 18,455
Advances and progress billings 53,081 52,980
Short-term debt and current portion of long-term debt 5,190 1,296
Total current liabilities 90,052 81,992
Deferred income taxes 230 218
Accrued retiree health care 2,503 3,528
Accrued pension plan liability, net 6,141 9,104
Other long-term liabilities 2,211 1,750
Long-term debt 51,811 56,806
Total liabilities 152,948 153,398
Shareholders’ equity:    
Common stock, par value $5.00 – 1,200,000,000 shares authorized; 1,012,261,159 shares issued 5,061 5,061
Additional paid-in capital 9,947 9,052
Treasury stock, at cost (50,814) (51,861)
Retained earnings 29,473 34,408
Accumulated other comprehensive loss (9,550) (11,659)
Total shareholders’ deficit (15,883) (14,999)
Noncontrolling interests 35 153
Total equity (15,848) (14,846)
Total liabilities and equity $ 137,100 $ 138,552