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Consolidated Balance Sheets - USD ($)
$ in Millions
Oct. 04, 2015
Dec. 31, 2014
Current assets:    
Cash and equivalents $ 3,372 $ 4,388
Accounts receivable 3,796 4,050
Contracts in process 4,215 4,591
Inventories 3,239 3,221
Other current assets 666 1,157
Total current assets 15,288 17,407
Noncurrent assets:    
Property, plant and equipment, net 3,370 3,329
Intangible assets, net 800 912
Goodwill 11,533 11,731 [1]
Other assets 1,989 1,976
Total noncurrent assets 17,692 17,948
Total assets 32,980 35,355
Current liabilities:    
Short-term debt and current portion of long-term debt 501 501
Accounts payable 2,387 2,057
Customer advances and deposits 5,871 7,335
Other current liabilities 4,419 3,858
Total current liabilities 13,178 13,751
Noncurrent liabilities:    
Long-term debt 2,912 3,410
Other liabilities $ 6,156 $ 6,365
Commitments and contingencies (See Note L)
Total noncurrent liabilities $ 9,068 $ 9,775
Shareholders' equity:    
Common stock 482 482
Surplus 2,697 2,548
Retained earnings 22,655 21,127
Treasury stock (11,915) (9,396)
Accumulated other comprehensive loss (3,185) (2,932)
Total shareholders' equity 10,734 11,829
Total liabilities and shareholders' equity $ 32,980 $ 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.