v3.26.1
Contract Assets and Liabilities (Tables)
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Contract Assets and Liabilities
The following summarizes information about our contract assets and liabilities:
(in millions)June 30,
2026
December 31, 2025
Information about contract assets:
Contract assets
Unbilled receivables - reimbursable contracts$1,309 $1,100 
Contract work in progress - lump-sum contracts131 46 
Contract assets$1,440 $1,146 
6ME
June 30,
(in millions)20262025
Information about contract liabilities:
Revenue recognized that was included in contract liabilities as of January 1$545 $481