Condensed Consolidated Statements of Financial Position - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
Assets
Cash and cash equivalents	$ 9,441	$ 10,921
Short-term and other investments	11,464	18,479
Accounts receivable, net	3,485	2,921
Unbilled receivables, net	9,793	9,158
Inventories	87,225	84,679
Other current assets, net	2,733	2,301
Total current assets	124,141	128,459
Financing receivables and operating lease equipment, net	389	241
Property, plant and equipment, net of accumulated depreciation of $23,961 and $23,613	15,763	15,361
Goodwill	17,633	17,275
Acquired intangible assets, net	1,517	1,567
Deferred income taxes	136	107
Investments	1,048	1,048
Other assets, net of accumulated amortization of $1,076 and $1,014	4,160	4,177
Total assets	164,787	168,235
Liabilities and equity
Accounts payable	13,713	13,109
Accrued liabilities	26,388	27,141
Advances and progress billings	62,591	59,404
Short-term debt and current portion of long-term debt	2,855	8,461
Total current liabilities	105,547	108,115
Deferred income taxes	237	216
Accrued retiree health care	2,059	2,091
Accrued pension plan liability, net	4,198	4,287
Other long-term liabilities	2,405	2,432
Long-term debt	44,354	45,637
Total liabilities	158,800	162,778
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	21,671	21,441
Treasury stock, at cost – 224,344,344 and 227,562,887 shares	(27,647)	(28,029)
Retained earnings	17,162	17,252
Accumulated other comprehensive loss	(10,266)	(10,277)
Total shareholders' equity	5,987	5,454
Noncontrolling interests		3
Total equity	5,987	5,457
Total liabilities and equity	164,787	168,235
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