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Consolidated Balance Sheet - USD ($)
shares in Thousands, $ in Millions
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 6,220 $ 7,832
Accounts receivable, net 9,108 9,661
Contract assets 11,534 11,361
Inventory, net 10,617 9,178
Other assets, current 4,964 4,018
Total Current Assets 42,443 42,050
Customer financing assets 2,603 2,848
Fixed assets, net 15,170 14,972
Operating lease right-of-use assets 1,829 1,958
Goodwill 53,840 54,436
Intangible assets, net 36,823 38,516
Other assets 6,156 6,624
Total Assets 158,864 161,404
Liabilities, Redeemable Noncontrolling Interest and Equity    
Short-term borrowings 625 134
Accounts payable 9,896 8,751
Accrued employee compensation 2,401 2,658
Other accrued liabilities 10,999 10,162
Contract liabilities 14,598 13,720
Long-term debt currently due 595 24
Total current liabilities 39,114 35,449
Long-term debt 30,694 31,327
Operating lease liabilities, non-current 1,586 1,657
Future pension and postretirement benefit obligations 4,807 7,855
Other long-term liabilities 8,449 10,417
Total Liabilities 84,650 86,705
Commitments and contingencies (Note 18)
Redeemable noncontrolling interest 36 35
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; 1,710,960 and 1,708,065 shares issued $ 37,939 $ 37,483
Common Stock, par value $ 1 $ 1
Common Stock, shares authorized 4,000,000 4,000,000
Common Stock, Shares, Issued 1,710,960 1,708,065
Treasury stock, 244,720 and 214,785 common shares at average cost $ (15,530) $ (12,727)
Treasury Stock, shares 244,720 214,785
Retained earnings $ 52,269 $ 50,265
Unearned ESOP shares (28) (38)
Accumulated other comprehensive loss (2,018) (1,915)
Total shareowners’ equity 72,632 73,068
Noncontrolling interest 1,546 1,596
Total equity 74,178 74,664
Total liabilities, redeemable noncontrolling interest and equity $ 158,864 $ 161,404