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Condensed Consolidated Statements Of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Sales and service revenues        
Sales and service revenues $ 2,314 $ 2,219 $ 6,604 $ 6,487
Cost of sales and service revenues        
Income (loss) from operating investments, net 6 6 19 15
General and administrative expenses 220 209 648 564
Operating income (loss) 222 214 494 550
Other income (expense)        
Interest expense (27) (18) (68) (52)
Non-operating retirement benefit (expense) 29 3 89 8
Other, net 2 (1) (8) 5
Earnings (loss) before income taxes 226 198 507 511
Federal and foreign income taxes 4 44 60 111
Net earnings (loss) $ 222 $ 154 $ 447 $ 400
Basic earnings (loss) per share (in dollars per share) $ 5.47 $ 3.74 $ 11.01 $ 9.66
Weighted-average common shares outstanding (in shares) 40.6 41.2 40.6 41.4
Diluted earnings (loss) per share $ 5.45 $ 3.74 $ 10.98 $ 9.66
Weighted-average diluted shares outstanding (in shares) 40.7 41.2 40.7 41.4
Dividends declared per share $ 1.03 $ 0.86 $ 3.09 $ 2.58
Other comprehensive income (loss)        
Change in unamortized benefit plan costs $ 24 $ 25 $ 70 $ 74
Other 1 1   1
Tax benefit (expense) for items of other comprehensive income (6) (7) (18) (19)
Other comprehensive income (loss), net of tax 19 19 52 56
Comprehensive income (loss) 241 173 499 456
Product [Member]        
Sales and service revenues        
Sales and service revenues 1,699 1,545 4,743 4,555
Cost of sales and service revenues        
Cost of sales and service revenues 1,388 1,246 3,931 3,754
Service [Member]        
Sales and service revenues        
Sales and service revenues 615 674 1,861 1,932
Cost of sales and service revenues        
Cost of sales and service revenues $ 490 $ 556 $ 1,550 $ 1,634