v3.26.3
Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Operating Activities:    
Net income $ 7,114 $ 5,356
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Depreciation and amortization 3,218 3,219
Deferred income tax provision 60 598
Stock compensation cost 455 337
Net periodic pension and other postretirement income (920) (956)
Share-based 401(k) matching contributions 474 435
Change in:    
Accounts receivable 377 (1,488)
Contract assets (2,184) (2,124)
Inventory (1,686) (1,015)
Other current assets (974) (979)
Accounts payable and accrued liabilities 2,753 2,096
Contract liabilities (688) 1,329
Other operating activities, net 271 (406)
Net cash flows provided by operating activities 8,270 6,402
Investing Activities:    
Capital expenditures (1,964) (1,657)
Dispositions of businesses, net of cash transferred 0 1,188
Increase in other intangible assets (229) (347)
Receipts from settlements of derivative contracts, net 8 187
Other investing activities, net (224) (87)
Net cash flows used in investing activities (2,409) (716)
Financing Activities:    
Repayment of long-term debt (526) (2,289)
Dividends paid (2,882) (2,660)
Repurchase of common stock 0 (50)
Other financing activities, net (677) (333)
Net cash flows used in financing activities (4,085) (5,332)
Effect of foreign exchange rate changes on cash and cash equivalents (16) 44
Net increase in cash, cash equivalents, and restricted cash 1,760 398
Cash, cash equivalents, and restricted cash, beginning of period 7,470 5,606
Cash, cash equivalents, and restricted cash, end of period 9,230 6,004
Less: Restricted cash, included in Other assets, current and Other assets 57 38
Cash and cash equivalents, end of period $ 9,173 $ 5,966