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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 1,274 $ 1,189
Accounts receivable (net of allowance for expected credit losses of $130 and $152) 3,538 3,357
Contract assets 717 664
Inventories 612 617
Other current assets 259 316
Total Current Assets 6,400 6,143
Future income tax benefits 323 285
Fixed assets, net 727 719
Operating lease right-of-use assets 416 449
Intangible assets, net 335 369
Goodwill 1,588 1,567
Other assets 328 287
Total Assets 10,117 9,819
Liabilities and Equity (Deficit)    
Short-term borrowings and current portion of long-term debt 32 670
Accounts payable 1,878 1,717
Accrued liabilities 1,873 1,794
Contract liabilities 2,696 2,662
Total Current Liabilities 6,479 6,843
Long-term debt 6,866 6,098
Future pension and postretirement benefit obligations 462 392
Operating lease liabilities 292 315
Future income tax obligations 245 279
Other long-term liabilities 493 556
Total Liabilities 14,837 14,483
Commitments and contingent liabilities (Note 21)
Redeemable noncontrolling interest 135 135
Shareholders' Equity (Deficit):    
Common Stock and additional paid-in-capital 213 162
Treasury Stock (2,382) (1,575)
Accumulated deficit (2,005) (2,865)
Accumulated other comprehensive income (loss) (750) (592)
Total Shareholders' Equity (Deficit) (4,924) (4,870)
Noncontrolling interest 69 71
Total Equity (Deficit) (4,855) (4,799)
Total Liabilities and Equity (Deficit) $ 10,117 $ 9,819