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Consolidated Statements of Earnings - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Sales      
Total sales $ 75,048 $ 71,043 $ 67,571
Operating costs and expenses      
Impairment and other charges (66) (87) (92)
Other unallocated, net 996 1,043 1,233
Total operating costs and expenses (67,429) (64,113) (59,092)
Gross profit 7,619 6,930 8,479
Other income, net 112 83 28
Operating profit 7,731 7,013 8,507
Interest expense (1,118) (1,036) (916)
Non-service FAS pension (expense) income (874) 62 443
Other non-operating income, net 183 181 64
Earnings before income taxes 5,922 6,220 8,098
Income tax expense (905) (884) (1,178)
Net earnings $ 5,017 $ 5,336 $ 6,920
Earnings per common share      
Basic (in dollars per share) $ 21.56 $ 22.39 $ 27.65
Diluted (in dollars per share) $ 21.49 $ 22.31 $ 27.55
Products      
Sales      
Total sales $ 62,654 $ 59,277 $ 56,265
Operating costs and expenses      
Total operating costs and expenses (57,020) (54,852) (50,206)
Services      
Sales      
Total sales 12,394 11,766 11,306
Operating costs and expenses      
Total operating costs and expenses $ (11,339) $ (10,217) $ (10,027)