v3.25.1
STATEMENT OF FINANCIAL POSITION (UNAUDITED) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Statement of Financial Position [Abstract]    
Cash, cash equivalents and restricted cash $ 12,405 $ 13,619
Investment securities (Note 3) 1,000 982
Current receivables (Note 4) 9,653 9,327
Inventories, including deferred inventory costs (Note 5) 10,504 9,763
Current contract assets (Note 8) 2,940 2,982
All other current assets (Note 9) 1,073 962
Current assets 37,575 37,635
Investment securities (Note 3) 38,010 37,741
Property, plant and equipment – net (Note 6) 7,426 7,277
Goodwill (Note 7) 8,696 8,538
Other intangible assets – net (Note 7) 4,277 4,257
Contract and other deferred assets (Note 8) 4,835 4,831
All other assets (Note 9) 14,453 13,910
Deferred income taxes (Note 15) 6,956 7,111
Assets of discontinued operations (Note 2) 1,895 1,841
Total assets 124,123 123,140
Short-term borrowings (Note 10) 2,084 2,039
Accounts payable (Note 11) 8,625 7,909
Progress collections (Note 8) 6,842 6,695
Contract liabilities and deferred income (Note 8) 9,624 9,353
Sales discounts and allowances (Note 14) 3,555 3,475
All other current liabilities (Note 14) 4,211 4,920
Current liabilities 34,941 34,392
Deferred income (Note 8) 1,054 1,013
Long-term borrowings (Note 10) 17,487 17,234
Insurance liabilities and annuity benefits (Note 12) 36,424 36,209
Non-current compensation and benefits 6,872 7,035
All other liabilities (Note 14) 6,538 6,376
Liabilities of discontinued operations (Note 2) 1,339 1,317
Total liabilities 104,654 103,576
Common stock (1,066,386,643 and 1,073,692,183 shares outstanding at March 31, 2025 and 2024, respectively) (Note 16) 15 15
Accumulated other comprehensive income (loss) – net attributable to the Company (Note 16) (3,733) (3,861)
Other capital 23,912 24,266
Retained earnings 82,081 80,488
Less common stock held in treasury (83,024) (81,566)
Total shareholders’ equity 19,251 19,342
Noncontrolling interests 217 223
Total equity 19,468 19,564
Total liabilities and equity $ 124,123 $ 123,140