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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 1,837 $ 1,090
Receivables, net 8,202 7,254
Inventories, net 4,670 4,819
Other current assets 399 441
Assets of discontinued operations   969
Total current assets 15,108 14,573
Property, plant and equipment, net 5,549 5,389
Goodwill 10,764 10,695
Intangible assets, net 4,093 4,022
Deferred income taxes 6,625 6,068
Other noncurrent assets 5,667 5,396
Assets of discontinued operations   3,161
Total assets 47,806 49,304
Current liabilities    
Accounts payable 1,653 1,745
Customer advances and amounts in excess of costs incurred 6,776 6,703
Salaries, benefits and payroll taxes 1,764 1,707
Current maturities of long-term debt   956
Other current liabilities 2,349 1,859
Liabilities of discontinued operations   948
Total current liabilities 12,542 13,918
Long-term debt, net 14,282 14,305
Accrued pension liabilities 13,855 11,807
Other postretirement benefit liabilities 862 1,070
Other noncurrent liabilities 4,659 4,902
Liabilities of discontinued operations   205
Total liabilities 46,200 46,207
Stockholders' equity    
Common stock, $1 par value per share 289 303
Additional paid-in capital 0 0
Retained earnings 13,324 14,238
Accumulated other comprehensive loss (12,102) (11,444)
Total stockholders' equity 1,511 3,097
Noncontrolling interests in subsidiary 95  
Total equity 1,606 3,097
Total liabilities and equity $ 47,806 $ 49,304