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Condensed Consolidated Statements of Financial Position - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 6,173 $ 13,801
Short-term and other investments 16,811 12,481
Accounts receivable, net 3,314 2,631
Unbilled receivables, net 9,032 8,363
Current portion of financing receivables, net 207
Inventories 82,425 87,550
Other current assets, net 2,904 2,965
Assets held for sale 1,473
Total current assets 122,132 127,998
Financing receivables and operating lease equipment, net 245 314
Property, plant and equipment, net of accumulated depreciation of $23,470 and $22,925 12,078 11,412
Goodwill 7,281 8,084
Acquired intangible assets, net 1,495 1,957
Deferred income taxes 44 185
Investments 1,050 999
Other assets, net of accumulated amortization of $947 and $1,085 5,698 5,414
Total assets 150,023 156,363
Liabilities and equity    
Accounts payable 11,732 11,364
Accrued liabilities 24,364 24,103
Advances and progress billings 57,962 60,333
Short-term debt and current portion of long-term debt 8,742 1,278
Liabilities held for sale 524
Total current liabilities 103,324 97,078
Deferred income taxes 191 122
Accrued retiree health care 2,086 2,176
Accrued pension plan liability, net 5,714 5,997
Other long-term liabilities 2,350 2,318
Long-term debt 44,611 52,586
Total liabilities 158,276 160,277
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 19,218 18,964
Treasury stock, at cost – 252,587,506 and 263,044,840 shares (31,109) (32,386)
Retained earnings 9,118 15,362
Accumulated other comprehensive loss (10,544) (10,915)
Total shareholders’ deficit (8,250) (3,908)
Noncontrolling interests (3) (6)
Total equity (8,253) (3,914)
Total liabilities and equity 150,023 156,363
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 $ 6