v3.25.2
Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 29, 2025
Dec. 31, 2024
Current assets:    
Cash and equivalents $ 1,523 $ 1,697
Accounts receivable 3,613 2,977
Unbilled receivables 8,412 8,248
Inventories 9,889 9,724
Other current assets 1,629 1,740
Total current assets 25,066 24,386
Noncurrent assets:    
Property, plant and equipment, net 6,556 6,467
Intangible assets, net 1,437 1,520
Goodwill [1] 20,876 20,556
Other assets 2,953 2,951
Total noncurrent assets 31,822 31,494
Total assets 56,888 55,880
Current liabilities:    
Short-term debt and current portion of long-term debt 1,204 1,502
Accounts payable 3,078 3,344
Customer advances and deposits 10,678 9,491
Other current liabilities 3,419 3,487
Total current liabilities 18,379 17,824
Noncurrent liabilities:    
Long-term debt 7,508 7,260
Other liabilities 7,421 8,733
Commitments and contingencies (see Note J)
Total noncurrent liabilities 14,929 15,993
Shareholders’ equity:    
Common stock 482 482
Surplus 4,173 4,062
Retained earnings 42,695 41,487
Treasury stock (22,975) (22,450)
Accumulated other comprehensive loss (795) (1,518)
Total shareholders’ equity 23,580 22,063
Total liabilities and shareholders’ equity $ 56,888 $ 55,880
[1] Goodwill in the Technologies reporting unit was net of $1.8 billion of accumulated impairment losses.