v3.26.1
Condensed Consolidated Statements of Earnings and Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues $ 10,876 $ 10,351 $ 20,757 $ 19,819
Operating costs and expenses        
General and administrative expenses 1,025 1,016 1,996 2,023
Total operating costs and expenses 9,780 9,157 18,672 18,052
Gain on sale of business 0 231 0 231
Operating income 1,096 1,425 2,085 1,998
Other (expense) income        
Interest expense (161) (173) (323) (329)
Non-operating FAS pension benefit 166 137 332 267
Other, net 67 38 104 69
Earnings before income taxes 1,168 1,427 2,198 2,005
Federal and foreign income tax expense 74 253 229 350
Net earnings $ 1,094 $ 1,174 $ 1,969 $ 1,655
Basic earnings per share        
Basic earnings per share $ 7.70 $ 8.17 $ 13.86 $ 11.48
Weighted-average common shares outstanding, in millions 142.1 143.7 142.1 144.2
Diluted earnings per share        
Diluted earnings per share $ 7.68 $ 8.15 $ 13.83 $ 11.45
Weighted-average diluted shares outstanding, in millions 142.4 144.0 142.4 144.5
Net earnings (from above) $ 1,094 $ 1,174 $ 1,969 $ 1,655
Change in cumulative translation adjustment 0 (7) 2 (9)
Change in other, net (3) 11 (6) 19
Other comprehensive (loss) income, net of tax (3) 18 (8) 28
Comprehensive income 1,091 1,192 1,961 1,683
Product [Member]        
Revenues 8,808 8,258 16,766 15,779
Cost of Sales 7,155 6,526 13,588 12,892
Service [Member]        
Revenues 2,068 2,093 3,991 4,040
Cost of Sales $ 1,600 $ 1,615 $ 3,088 $ 3,137