v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 28, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 3,791 $ 4,121
Receivables, net 3,356 3,901
Contract assets 16,038 13,001
Inventories 4,411 3,524
Other current assets 805 815
Total current assets 28,401 25,362
Property, plant and equipment, net 11,390 11,292
Goodwill 11,298 11,314
Intangible assets, net 1,787 1,887
Deferred income taxes 2,414 2,975
Other noncurrent assets 7,160 7,010
Total assets 62,450 59,840
Current liabilities    
Accounts payable 4,915 3,630
Salaries, benefits and payroll taxes 3,003 3,184
Contract liabilities 12,151 11,440
Current maturities of long-term debt 0 1,168
Other current liabilities 3,740 3,913
Total current liabilities 23,809 23,335
Long-term debt, net 20,538 20,532
Accrued pension liabilities 3,931 3,915
Other noncurrent liabilities 5,404 5,337
Total liabilities 53,682 53,119
Stockholders’ equity    
Common stock, $1 par value per share 230 229
Additional paid-in capital 247 0
Retained earnings 15,759 14,034
Accumulated other comprehensive loss (7,468) (7,542)
Total stockholders’ equity 8,768 6,721
Total liabilities and equity $ 62,450 $ 59,840