Consolidated Balance Sheets - USD ($) $ in Millions	Jul. 05, 2015	Dec. 31, 2014
Current assets:
Cash and equivalents	$ 4,032	$ 4,388
Accounts receivable	3,595	4,050
Contracts in process	4,273	4,591
Inventories	3,359	3,221
Other current assets	514	1,157
Total current assets	15,773	17,407
Noncurrent assets:
Property, plant and equipment, net	3,329	3,329
Intangible assets, net	841	912
Goodwill	11,644	11,731	[1]
Other assets	2,067	1,976
Total noncurrent assets	17,881	17,948
Total assets	33,654	35,355
Current liabilities:
Short-term debt and current portion of long-term debt	2	501
Accounts payable	2,275	2,057
Customer advances and deposits	6,104	7,335
Other current liabilities	4,327	3,858
Total current liabilities	12,708	13,751
Noncurrent liabilities:
Long-term debt	3,411	3,410
Other liabilities	$ 6,259	$ 6,365
Commitments and contingencies (See Note L)
Total noncurrent liabilities	$ 9,670	$ 9,775
Shareholders' equity:
Common stock	482	482
Surplus	2,657	2,548
Retained earnings	22,143	21,127
Treasury stock	(10,914)	(9,396)
Accumulated other comprehensive loss	(3,092)	(2,932)
Total shareholders' equity	11,276	11,829
Total liabilities and shareholders' equity	$ 33,654	$ 35,355

[1] Goodwill on December 31, 2014, in the Information Systems and Technology reporting unit is net of $1,994 of accumulated impairment losses.