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Condensed Consolidated Statements of Financial Position - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 9,961 $ 12,691
Short-term and other investments 509 3,274
Accounts receivable, net 2,894 2,649
Unbilled receivables, net 9,356 8,317
Current portion of financing receivables, net 457 99
Inventories 83,341 79,741
Other current assets, net 2,918 2,504
Total current assets 109,436 109,275
Financing receivables and operating lease equipment, net 321 860
Property, plant and equipment, net of accumulated depreciation of $22,923 and $22,245 11,236 10,661
Goodwill 8,112 8,093
Acquired intangible assets, net 2,011 2,094
Deferred income taxes 44 59
Investments 1,030 1,035
Other assets, net of accumulated amortization of $1,054 and $1,046 5,505 4,935
Total assets 137,695 137,012
Liabilities and equity    
Accounts payable 12,267 11,964
Accrued liabilities 22,628 22,331
Advances and progress billings 57,931 56,328
Short-term debt and current portion of long-term debt 4,474 5,204
Total current liabilities 97,300 95,827
Deferred income taxes 249 229
Accrued retiree health care 2,121 2,233
Accrued pension plan liability, net 6,097 6,516
Other long-term liabilities 2,314 2,332
Long-term debt 53,176 47,103
Total liabilities 161,257 154,240
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 10,925 10,309
Treasury stock, at cost — 394,465,404 and 402,746,136 shares (48,564) (49,549)
Retained earnings 19,299 27,251
Accumulated other comprehensive loss (10,273) (10,305)
Total shareholders’ deficit (23,552) (17,233)
Noncontrolling interests (10) 5
Total equity (23,562) (17,228)
Total liabilities and equity $ 137,695 $ 137,012