v3.26.3
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
Sep. 30, 2026
Dec. 31, 2025
Contractors [Abstract]    
Long-term service agreements $ 2,836 $ 2,792
Equipment and other service agreements 691 719
Current contract assets 3,527 3,511
Nonrecurring engineering costs 2,413 2,423
Customer advances and other 2,575 2,497
Contract and other deferred assets 4,988 4,920
Total contract and other deferred assets 8,515 8,431
Long-term service agreement liabilities 10,000 10,016
Current deferred income 342 317
Contract liabilities and current deferred income 10,342 10,333
Non-current deferred income 976 1,065
Total contract liabilities and deferred income 11,318 11,398
Contract assets (liabilities) and other deferred assets (income) $ (2,803) $ (2,966)