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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 7,832 $ 8,802
Accounts receivable, net 9,661 9,254
Contract assets 11,361 9,931
Inventory, net 9,178 9,411
Other assets, current 4,018 5,978
Total Current Assets 42,050 43,376
Customer financing assets 2,848 3,144
Fixed assets, net 14,972 14,962
Operating lease right-of-use assets 1,958 1,880
Goodwill 54,436 54,285
Intangible assets, net 38,516 40,539
Other assets 6,624 3,967
Total Assets 161,404 162,153
Liabilities, Redeemable Noncontrolling Interest and Equity    
Short-term borrowings 134 247
Accounts payable 8,751 8,639
Accrued employee compensation 2,658 3,006
Other accrued liabilities 10,162 10,517
Contract liabilities 13,720 12,889
Long-term debt currently due 24 550
Total Current Liabilities 35,449 35,848
Long-term debt 31,327 31,026
Operating lease liabilities, non-current 1,657 1,516
Future pension and postretirement benefit obligations 7,855 10,342
Other long-term liabilities 10,417 9,537
Total Liabilities 86,705 88,269
Commitments and contingencies (Note 19)
Redeemable noncontrolling interest 35 32
Capital Stock:    
Preferred Stock, $1 par value; 250,000 shares authorized; None issued or outstanding $ 0 $ 0
Preferred Stock, par value $ 1 $ 1
Preferred Stock. shares authorized 250,000 250,000
Preferred Stock, Shares Outstanding 0 0
Preferred Stock, Shares Issued 0 0
Common Stock, $1 par value; 4,000,000 shares authorized; 1,708,065 and 1,706,173 shares issued $ 37,483 $ 36,930
Common Stock, par value $ 1 $ 1
Common Stock, shares authorized 4,000,000 4,000,000
Common Stock, Shares, Issued 1,708,065 1,706,173
Treasury Stock, 214,785 and 186,734 common shares at average cost $ (12,727) $ (10,407)
Treasury Stock, shares 214,785 186,734
Retained earnings $ 50,265 $ 49,423
Unearned ESOP shares (38) (49)
Accumulated other comprehensive loss (1,915) (3,734)
Total Shareowners’ Equity 73,068 72,163
Noncontrolling interest 1,596 1,689
Total Equity 74,664 73,852
Total Liabilities, Redeemable Noncontrolling Interest and Equity $ 161,404 $ 162,153