v3.25.2
Condensed Consolidated Statements Of Financial Position (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 343 $ 831
Accounts receivable, net 377 212
Contract assets 1,811 1,683
Inventoried costs, net 215 208
Income taxes receivable 153 204
Prepaid expenses and other current assets 74 90
Total current assets 2,973 3,228
Property, plant, and equipment, net 3,576 3,450
Operating lease assets 242 239
Goodwill 2,651 2,618
Other intangible assets, net 746 782
Pension plan assets 1,492 1,422
Miscellaneous other assets 418 402
Total assets 12,098 12,141
Current Liabilities    
Trade accounts payable 650 598
Accrued employees' compensation 384 392
Short-term debt and current portion of long-term debt 3 503
Current portion of postretirement plan liabilities 124 124
Current portion of workers' compensation liabilities 203 201
Contract liabilities 969 774
Other current liabilities 417 399
Total current liabilities 2,750 2,991
Long-term debt 2,700 2,700
Pension plan liabilities 142 142
Other postretirement plan liabilities 199 209
Workers' compensation liabilities 449 443
Long-term operating lease liabilities 206 205
Deferred tax liabilities 359 378
Other long-term liabilities 411 407
Total liabilities 7,216 7,475
Commitments and Contingencies (Note 11)
Stockholders' Equity    
Common stock 1 1
Additional paid-in capital 2,066 2,045
Retained earnings (deficit) 5,290 5,097
Treasury stock (2,449) (2,449)
Accumulated other comprehensive income (loss) (26) (28)
Total stockholders' equity 4,882 4,666
Total liabilities and stockholders' equity $ 12,098 $ 12,141