v3.26.3
Condensed Consolidated Statements of Financial Position - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 9,498 $ 10,921
Short-term and other investments 11,216 18,479
Accounts receivable, net 4,069 2,921
Unbilled receivables, net 10,179 9,158
Inventories 90,948 84,679
Other current assets, net 2,674 2,301
Assets held for sale 688
Total current assets 129,272 128,459
Financing receivables and operating lease equipment, net 334 241
Property, plant and equipment, net of accumulated depreciation of $24,507 and $23,613 16,685 15,361
Goodwill 17,778 17,275
Acquired intangible assets, net 1,279 1,567
Deferred income taxes 193 107
Investments 970 1,048
Other assets, net of accumulated amortization of $1,186 and $1,014 4,228 4,177
Total assets 170,739 168,235
Liabilities and equity    
Accounts payable 15,288 13,109
Accrued liabilities 26,441 27,141
Advances and progress billings 67,502 59,404
Short-term debt and current portion of long-term debt 4,569 8,461
Liabilities held for sale 161
Total current liabilities 113,961 108,115
Deferred income taxes 310 216
Accrued retiree health care 1,995 2,091
Accrued pension plan liability, net 4,018 4,287
Other long-term liabilities 2,542 2,432
Long-term debt 41,351 45,637
Total liabilities 164,177 162,778
Shareholders’ equity:    
Common stock, par value $5.00 – 1,200,000,000 shares authorized; 1,012,261,159 shares issued 5,061 5,061
Additional paid-in capital 22,222 21,441
Treasury stock, at cost – 220,364,848 and 227,562,887 shares (27,159) (28,029)
Retained earnings 16,429 17,252
Accumulated other comprehensive loss (10,012) (10,277)
Total shareholders' equity 6,547 5,454
Noncontrolling interests 15 3
Total equity 6,562 5,457
Total liabilities and equity 170,739 168,235
Mandatory convertible preferred stock    
Shareholders’ equity:    
Mandatory convertible preferred stock, 6.00% Series A, par value $1.00 – 20,000,000 shares authorized; 5,750,000 shares issued; aggregate liquidation preference $5,750 $ 6 $ 6