v3.26.1
CONTRACT AND OTHER DEFERRED ASSETS, CONTRACT LIABILITIES AND DEFERRED INCOME & PROGRESS COLLECTIONS - Schedule of Contract Assets, Liabilities and Other Deferred Assets and Income (Details) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Contractors [Abstract]    
Long-term service agreements $ 2,802 $ 2,792
Equipment and other service agreements 671 719
Current contract assets 3,473 3,511
Nonrecurring engineering costs 2,406 2,423
Customer advances and other 2,570 2,497
Contract and other deferred assets 4,976 4,920
Total contract and other deferred assets 8,449 8,431
Long-term service agreement liabilities 9,813 10,016
Current deferred income 346 317
Contract liabilities and current deferred income 10,159 10,333
Non-current deferred income 1,070 1,065
Total contract liabilities and deferred income 11,229 11,398
Contract assets (liabilities) and other deferred assets (income) $ (2,780) $ (2,966)