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Consolidated Statements of Financial Position - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 13,801 $ 12,691
Short-term and other investments 12,481 3,274
Accounts receivable, net 2,631 2,649
Unbilled receivables, net 8,363 8,317
Current portion of financing receivables, net 207 99
Inventories 87,550 79,741
Other current assets, net 2,965 2,504
Total current assets 127,998 109,275
Financing receivables and operating lease equipment, net 314 860
Property, plant and equipment, net 11,412 10,661
Goodwill 8,084 8,093
Acquired intangible assets, net 1,957 2,094
Deferred income taxes 185 59
Investments 999 1,035
Other assets, net of accumulated amortization of $1,085 and $1,046 5,414 4,935
Total assets 156,363 137,012
Liabilities and equity    
Accounts payable 11,364 11,964
Accrued liabilities 24,103 22,331
Advances and progress billings 60,333 56,328
Short-term debt and current portion of long-term debt 1,278 5,204
Total current liabilities 97,078 95,827
Deferred income taxes 122 229
Accrued retiree health care 2,176 2,233
Accrued pension plan liability, net 5,997 6,516
Other long-term liabilities 2,318 2,332
Long-term debt 52,586 47,103
Total liabilities 160,277 154,240
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 18,964 10,309
Treasury stock, at cost (32,386) (49,549)
Retained earnings 15,362 27,251
Accumulated other comprehensive loss (10,915) (10,305)
Total shareholders’ deficit (3,908) (17,233)
Noncontrolling interests (6) 5
Total equity (3,914) (17,228)
Total liabilities and equity 156,363 137,012
Mandatory convertible preferred stock    
Shareholders’ equity:    
Mandatory convertible preferred stock, 6.00% Series A, par value $1.00 – 20,000,000 shares authorized; 5,750,000 shares issued; aggregate liquidation preference $5,750 $ 6