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Condensed Consolidated Statements of Financial Position - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 10,812 $ 14,614
Short-term and other investments 3,955 2,606
Accounts receivable, net 2,862 2,517
Unbilled receivables, net 9,689 8,634
Current portion of customer financing, net 133 154
Inventories 78,503 78,151
Other current assets, net 2,857 2,847
Total current assets 108,811 109,523
Customer financing, net 1,372 1,450
Property, plant and equipment, net of accumulated depreciation 10,493 10,550
Goodwill 8,063 8,057
Acquired intangible assets, net 2,254 2,311
Deferred income taxes 65 63
Investments 969 983
Other assets, net of accumulated amortization of $1,002 and $949 4,320 4,163
Total assets 136,347 137,100
Liabilities and equity    
Accounts payable 10,274 10,200
Accrued liabilities 20,812 21,581
Advances and progress billings 54,498 53,081
Short-term debt and current portion of long-term debt 7,926 5,190
Total current liabilities 93,510 90,052
Deferred income taxes 194 230
Accrued retiree health care 2,466 2,503
Accrued pension plan liability, net 5,998 6,141
Other long-term liabilities 2,198 2,211
Long-term debt 47,465 51,811
Total liabilities 151,831 152,948
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 10,298 9,947
Treasury stock, at cost — 410,984,640 and 414,671,383 shares (50,376) (50,814)
Retained earnings 29,059 29,473
Accumulated other comprehensive loss (9,550) (9,550)
Total shareholders’ deficit (15,508) (15,883)
Noncontrolling interests 24 35
Total equity (15,484) (15,848)
Total liabilities and equity $ 136,347 $ 137,100