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Condensed Consolidated Balance Sheet - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current Assets    
Cash and temporary investments $ 995 $ 1,062
Accounts and notes receivable, net 4,105 2,402
Contract assets 672 362
Inventories 2,179 1,486
Assets held for sale 1,832 1,016
Other current assets 681 96
Total Current Assets 10,464 6,424
Plants, Properties and Equipment, net 14,500 7,916
Goodwill 7,675 3,038
Intangibles, net 4,172 72
Long-Term Financial Assets of Variable Interest Entities (Note 15) 2,345 2,331
Right of Use Assets 679 402
Overfunded Pension Plan Assets 246 93
Long-Term Assets Held For Sale 0 1,876
Deferred Charges and Other Assets 487 648
Total Assets 40,568 22,800
Current Liabilities    
Notes payable and current maturities of long-term debt 972 191
Accounts payable 3,818 2,110
Accrued payroll and benefits 821 680
Liabilities held for sale 439 344
Other current liabilities 1,919 933
Total Current Liabilities 7,969 4,258
Long-Term Debt 8,990 5,362
Deferred Income Taxes 1,917 1,028
Long-Term Nonrecourse Financial Liabilities of Variable Interest Entities (Note 15) 2,125 2,120
Long-Term Lease Obligations 450 269
Underfunded Pension Benefit Obligation 310 232
Postretirement and Postemployment Benefit Obligation 123 133
Long-Term Liabilities Held For Sale 0 125
Other Liabilities 1,367 1,100
Equity    
Common stock, $1 par value, 2025 – 627.0 shares and 2024 – 448.9 shares 627 449
Paid-in capital 14,393 4,732
Retained earnings 7,517 9,393
Accumulated other comprehensive income (loss) (646) (1,722)
Shareholders' Equity before Treasury Stock 21,891 12,852
Less: Common stock held in treasury, at cost, 2025 – 99.1 shares and 2024 – 101.5 shares 4,574 4,679
Total Equity 17,317 8,173
Total Liabilities and Equity $ 40,568 $ 22,800