v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 688 $ 2,300
Accounts receivable 3,696 3,428
Contract assets 769 706
Inventories 602 557
Other current assets 632 679
Total Current Assets 6,387 7,670
Future income tax benefits 392 302
Fixed assets (net of accumulated depreciation of $1,248 and $1,192) 732 701
Operating lease right-of-use assets 530 422
Intangible assets, net 357 311
Goodwill 1,707 1,548
Other assets 390 362
Total Assets 10,495 11,316
Liabilities and Equity (Deficit)    
Short-term borrowings and current portion of long-term debt 675 1,351
Accounts payable 1,739 1,879
Accrued liabilities 2,016 1,921
Contract liabilities 2,816 2,598
Total Current Liabilities 7,246 7,749
Long-term debt 7,074 6,973
Future pension and postretirement benefit obligations 454 434
Operating lease liabilities 375 298
Future income tax obligations 211 207
Other long-term liabilities 339 383
Total Liabilities 15,699 16,044
Commitments and contingent liabilities (Note 16)
Redeemable noncontrolling interest 66 57
Shareholders' Equity (Deficit):    
Common Stock and additional paid-in capital 300 265
Treasury Stock (3,948) (3,390)
Accumulated deficit (663) (978)
Accumulated other comprehensive income (loss) (1,056) (745)
Total Shareholders' Equity (Deficit) (5,367) (4,848)
Noncontrolling interest 97 63
Total Equity (Deficit) (5,270) (4,785)
Total Liabilities and Equity (Deficit) $ 10,495 $ 11,316