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STATEMENT OF FINANCIAL POSITION - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Statement of Financial Position [Abstract]    
Cash, cash equivalents and restricted cash $ 13,619 $ 15,204
Investment securities (Note 3) 982 5,706
Current receivables (Note 4) 9,327 8,703
Inventories, including deferred inventory costs (Note 5) 9,763 8,284
Current contract assets (Note 8) 2,982 2,875
All other current assets (Note 9) 962 1,244
Assets of businesses held for sale (Note 2) 0 541
Current assets 37,635 42,556
Investment securities (Note 3) 37,741 38,000
Property, plant and equipment – net (Note 6) 7,277 7,246
Goodwill (Note 7) 8,538 8,948
Other intangible assets – net (Note 7) 4,257 4,642
Contract and other deferred assets (Note 8) 4,831 4,785
All other assets (Note 9) 13,910 11,695
Deferred income taxes (Note 15) 7,111 7,502
Assets of discontinued operations (Note 2) 1,841 47,927
Total assets 123,140 173,300
Short-term borrowings (Note 10) 2,039 1,108
Accounts payable (Note 11) 7,909 7,516
Progress collections (Note 8) 6,695 6,177
Contract liabilities and deferred income (Note 8) 9,353 8,322
Sales discounts and allowances (Note 14) 3,475 3,741
All other current liabilities (Note 14) 4,920 4,860
Liabilities of businesses held for sale (Note 2) 0 378
Current liabilities 34,392 32,103
Deferred income (Note 8) 1,013 975
Long-term borrowings (Note 10) 17,234 19,417
Insurance liabilities and annuity benefits (Note 12) 36,209 39,576
Non-current compensation and benefits 7,035 7,656
All other liabilities (Note 14) 6,376 5,756
Liabilities of discontinued operations (Note 2) 1,317 39,213
Total liabilities 103,576 144,695
Common stock (1,073,692,183 and 1,088,415,995 shares outstanding at December 31, 2024 and 2023, respectively) (Note 16) 15 15
Accumulated other comprehensive income (loss) – net attributable to the Company (Note 16) (3,861) (6,150)
Other capital 24,266 26,962
Retained earnings 80,488 86,553
Less common stock held in treasury (81,566) (79,976)
Total shareholders’ equity 19,342 27,403
Noncontrolling interests 223 1,202
Total equity 19,564 28,605
Total liabilities and equity $ 123,140 $ 173,300