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Consolidated Balance Sheet - USD ($)
$ in Millions
Apr. 03, 2022
Dec. 31, 2021
Current assets:    
Cash and equivalents $ 2,907 $ 1,603
Accounts receivable 3,015 3,041
Unbilled receivables 7,888 8,498
Inventories 5,548 5,340
Other current assets 1,436 1,505
Total current assets 20,794 19,987
Noncurrent assets:    
Property, plant and equipment, net 5,450 5,417
Intangible assets, net 1,926 1,978
Goodwill [1] 20,114 20,098
Other assets 2,592 2,593
Total noncurrent assets 30,082 30,086
Total assets 50,876 50,073
Current liabilities:    
Short-term debt and current portion of long-term debt 1,005 1,005
Accounts payable 3,190 3,167
Customer advances and deposits 6,363 6,266
Other current liabilities 3,478 3,540
Total current liabilities 14,036 13,978
Noncurrent liabilities:    
Long-term debt 10,491 10,490
Other liabilities 8,335 7,964
Commitments and contingencies (see Note J)
Total noncurrent liabilities 18,826 18,454
Shareholders’ equity:    
Common stock 482 482
Surplus 3,434 3,278
Retained earnings 35,800 35,420
Treasury stock (19,837) (19,619)
Accumulated other comprehensive loss (1,865) (1,920)
Total shareholders’ equity 18,014 17,641
Total liabilities and shareholders’ equity $ 50,876 $ 50,073
[1] Goodwill in the Technologies reporting unit was net of $1.8 billion of accumulated impairment losses.