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Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 29, 2020
Dec. 31, 2019
Current assets:    
Cash and equivalents $ 5,330 $ 902
Accounts receivable 3,547 3,544
Unbilled receivables 7,938 7,857
Inventories 6,852 6,306
Other current assets 1,074 1,171
Total current assets 24,741 19,780
Noncurrent assets:    
Property, plant and equipment, net 4,537 4,475
Intangible assets, net 2,259 2,315
Goodwill [1] 19,653 19,677
Other assets 2,520 2,594
Total noncurrent assets 28,969 29,061
Total assets 53,710 48,841
Current liabilities:    
Short-term debt and current portion of long-term debt 5,047 2,920
Accounts payable 2,788 3,162
Customer advances and deposits 6,825 7,148
Other current liabilities 3,780 3,571
Total current liabilities 18,440 16,801
Noncurrent liabilities:    
Long-term debt 12,951 9,010
Other liabilities 9,119 9,453
Commitments and contingencies
Total noncurrent liabilities 22,070 18,463
Shareholders’ equity:    
Common stock 482 482
Surplus 3,015 3,039
Retained earnings 31,983 31,633
Treasury stock (17,809) (17,358)
Accumulated other comprehensive loss (4,471) (4,219)
Total shareholders’ equity 13,200 13,577
Total liabilities and shareholders’ equity $ 53,710 $ 48,841
[1] Goodwill in the Information Technology and Mission Systems reporting units is net of $536 and $1.3 billion of accumulated impairment losses, respectively.