$GD
GENERAL DYNAMICS CORP

2020 Q2 Form 10-Q Financial Statement

#000004053320000057 Filed on July 29, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2 2019 Q1
Revenue $9.264B $9.555B $9.261B
YoY Change -3.05% 26.81%
Cost Of Revenue $7.849B $7.869B $7.633B
YoY Change -0.25% 31.37%
Gross Profit $1.415B $1.686B $1.628B
YoY Change -16.07% 9.13%
Gross Profit Margin 15.27% 17.65% 17.58%
Selling, General & Admin $574.0M $596.0M $614.0M
YoY Change -3.69% 10.99%
% of Gross Profit 40.57% 35.35% 37.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $219.0M $210.0M $114.0M
YoY Change 4.29% 135.96%
% of Gross Profit 15.48% 12.46% 7.0%
Operating Expenses $574.0M $596.0M $614.0M
YoY Change -3.69% 10.99%
Operating Profit $834.0M $1.090B $1.014B
YoY Change -23.49% 8.13%
Interest Expense -$132.0M -$119.0M -$117.0M
YoY Change 10.92% 340.74%
% of Operating Profit -15.83% -10.92% -11.54%
Other Income/Expense, Net $25.00M $25.00M $31.00M
YoY Change 0.0% -219.05%
Pretax Income $727.0M $983.0M $915.0M
YoY Change -26.04% 2.4%
Income Tax $102.0M $177.0M $170.0M
% Of Pretax Income 14.03% 18.01% 18.58%
Net Earnings $625.0M $806.0M $745.0M
YoY Change -22.46% 0.88%
Net Earnings / Revenue 6.75% 8.44% 8.04%
Basic Earnings Per Share
Diluted Earnings Per Share $2.178M $2.770M $2.560M
COMMON SHARES
Basic Shares Outstanding 286.4M shares 288.1M shares 287.9M shares
Diluted Shares Outstanding 286.9M shares 290.8M shares 290.9M shares

Balance Sheet

Concept 2020 Q2 2019 Q2 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.499B $896.0M $872.0M
YoY Change 178.91% -80.19%
Cash & Equivalents $2.300B $702.0M $673.0M
Short-Term Investments $199.0M $194.0M $199.0M
Other Short-Term Assets $939.0M $1.148B $924.0M
YoY Change -18.21% 20.21%
Inventory $6.666B $6.480B $6.185B
Prepaid Expenses
Receivables $3.515B $3.673B $3.718B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $21.14B $19.56B $18.87B
YoY Change 8.07% -4.43%
LONG-TERM ASSETS
Property, Plant & Equipment $4.721B $4.091B $4.054B
YoY Change 15.4% 15.79%
Goodwill $19.72B $19.66B $19.67B
YoY Change 0.28% 64.47%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.451B $2.307B $2.359B
YoY Change 6.24% 308.32%
Total Long-Term Assets $29.09B $28.52B $28.60B
YoY Change 2.0% 70.2%
TOTAL ASSETS
Total Short-Term Assets $21.14B $19.56B $18.87B
Total Long-Term Assets $29.09B $28.52B $28.60B
Total Assets $50.22B $48.07B $47.47B
YoY Change 4.47% 29.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.383B $2.860B $3.008B
YoY Change -16.68% 0.32%
Accrued Expenses $1.525B $1.404B $1.314B
YoY Change 8.62% 42.54%
Deferred Revenue $6.212B
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.121B $5.024B $2.341B
YoY Change -17.97% 101.12%
Total Short-Term Liabilities $16.61B $18.01B $15.38B
YoY Change -7.82% 18.19%
LONG-TERM LIABILITIES
Long-Term Debt $10.47B $8.975B $11.45B
YoY Change 16.66% 125.45%
Other Long-Term Liabilities $9.256B $8.208B $8.399B
YoY Change 12.77% 31.92%
Total Long-Term Liabilities $19.73B $17.18B $19.85B
YoY Change 14.8% 68.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $16.61B $18.01B $15.38B
Total Long-Term Liabilities $19.73B $17.18B $19.85B
Total Liabilities $36.33B $35.20B $35.23B
YoY Change 3.22% 38.33%
SHAREHOLDERS EQUITY
Retained Earnings $32.29B $30.29B $29.78B
YoY Change 6.61% 9.73%
Common Stock $482.0M $482.0M $482.0M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $17.81B $17.38B $17.28B
YoY Change 2.47% 10.4%
Treasury Stock Shares
Shareholders Equity $14.31B $12.88B $12.23B
YoY Change
Total Liabilities & Shareholders Equity $50.22B $48.07B $47.47B
YoY Change 4.47% 29.17%

Cashflow Statement

Concept 2020 Q2 2019 Q2 2019 Q1
OPERATING ACTIVITIES
Net Income $625.0M $806.0M $745.0M
YoY Change -22.46% 0.88%
Depreciation, Depletion And Amortization $219.0M $210.0M $114.0M
YoY Change 4.29% 135.96%
Cash From Operating Activities $833.0M $272.0M -$795.0M
YoY Change 206.25% -154.62%
INVESTING ACTIVITIES
Capital Expenditures -$221.0M -$181.0M $181.0M
YoY Change 22.1% -274.04%
Acquisitions
YoY Change
Other Investing Activities $176.0M $5.000M $6.000M
YoY Change 3420.0% 400.0%
Cash From Investing Activities -$45.00M -$176.0M -$187.0M
YoY Change -74.43% 67.62%
FINANCING ACTIVITIES
Cash Dividend Paid $315.0M $295.0M $268.0M
YoY Change 6.78% 18.0%
Common Stock Issuance & Retirement, Net $133.0M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.818B -67.00M $697.0M
YoY Change 5598.51% -103.43%
NET CHANGE
Cash From Operating Activities 833.0M 272.0M -$795.0M
Cash From Investing Activities -45.00M -176.0M -$187.0M
Cash From Financing Activities -3.818B -67.00M $697.0M
Net Change In Cash -3.030B 29.00M -$290.0M
YoY Change -10548.28% -97.85%
FREE CASH FLOW
Cash From Operating Activities $833.0M $272.0M -$795.0M
Capital Expenditures -$221.0M -$181.0M $181.0M
Free Cash Flow $1.054B $453.0M -$976.0M
YoY Change 132.67% -175.25%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0000040533
gd Length Of Fiscal Quarters Weeks
LengthOfFiscalQuartersWeeks
P0Y0M91D
us-gaap Average Remaining Maturity Of Foreign Currency Derivatives1
AverageRemainingMaturityOfForeignCurrencyDerivatives1
P2Y
CY2020Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y6M
CY2020Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P2Y
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2020-06-28
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-3671
dei Entity Registrant Name
EntityRegistrantName
GENERAL DYNAMICS CORPORATION
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
13-1673581
dei Entity Address Address Line1
EntityAddressAddressLine1
11011 Sunset Hills Road
dei Entity Address City Or Town
EntityAddressCityOrTown
Reston,
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
dei Entity Address State Or Province
EntityAddressStateOrProvince
VA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
20190
dei City Area Code
CityAreaCode
703
dei Local Phone Number
LocalPhoneNumber
876-3000
dei Security12b Title
Security12bTitle
Common Stock
dei Trading Symbol
TradingSymbol
GD
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-239000000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-236000000 USD
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2020Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
286932436 shares
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9264000000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9555000000 USD
CY2020Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
574000000 USD
CY2019Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
596000000 USD
CY2020Q2 us-gaap Costs And Expenses
CostsAndExpenses
8423000000 USD
CY2019Q2 us-gaap Costs And Expenses
CostsAndExpenses
8465000000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
841000000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1090000000 USD
CY2020Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-132000000 USD
CY2019Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-119000000 USD
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
18000000 USD
CY2019Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
12000000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
727000000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
983000000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
102000000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
177000000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
625000000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
806000000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.18
CY2019Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.80
CY2020Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.18
CY2019Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.77
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18013000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18816000000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1098000000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1210000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
16231000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
16712000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1782000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
2104000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
32000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
30000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1575000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1898000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
244000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
347000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1331000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1551000000 USD
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
4.63
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
5.39
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
4.61
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
5.33
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
625000000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
806000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1331000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1551000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
170000000 USD
CY2019Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
51000000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
71000000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
68000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
159000000 USD
CY2019Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
125000000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
-79000000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
156000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-75000000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-59000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-152000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-122000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
404000000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
235000000 USD
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
144000000 USD
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
346000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
60000000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
28000000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
52000000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
44000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
344000000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
207000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
92000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
302000000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
969000000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1013000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1423000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1853000000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2300000000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
902000000 USD
CY2020Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3515000000 USD
CY2020Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2019Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2020Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
3050000000 USD
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3544000000 USD
CY2020Q2 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
7715000000 USD
CY2019Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
7857000000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
6666000000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
6306000000 USD
CY2020Q2 us-gaap Other Assets Current
OtherAssetsCurrent
939000000 USD
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1171000000 USD
CY2020Q2 us-gaap Assets Current
AssetsCurrent
21135000000 USD
CY2019Q4 us-gaap Assets Current
AssetsCurrent
19780000000 USD
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4721000000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4475000000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2197000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2315000000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
19718000000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
19677000000 USD
CY2020Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2451000000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2594000000 USD
CY2020Q2 us-gaap Assets Noncurrent
AssetsNoncurrent
29087000000 USD
CY2019Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
29061000000 USD
CY2020Q2 us-gaap Assets
Assets
50222000000 USD
CY2019Q4 us-gaap Assets
Assets
48841000000 USD
CY2020Q2 us-gaap Debt Current
DebtCurrent
4121000000 USD
CY2019Q4 us-gaap Debt Current
DebtCurrent
2920000000 USD
CY2020Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
2383000000 USD
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
3162000000 USD
CY2020Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
6212000000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
7148000000 USD
CY2020Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
3890000000 USD
CY2019Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
3571000000 USD
CY2020Q2 us-gaap Liabilities Current
LiabilitiesCurrent
16606000000 USD
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
16801000000 USD
CY2020Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
10470000000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
9010000000 USD
CY2020Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
9256000000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
9453000000 USD
CY2020Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
19726000000 USD
CY2019Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
18463000000 USD
CY2020Q2 us-gaap Common Stock Value
CommonStockValue
482000000 USD
CY2019Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
3039000000 USD
CY2020Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
32294000000 USD
CY2019Q4 us-gaap Common Stock Value
CommonStockValue
482000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
816000000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
31633000000 USD
CY2020Q2 us-gaap Treasury Stock Value
TreasuryStockValue
17809000000 USD
CY2019Q4 us-gaap Treasury Stock Value
TreasuryStockValue
17358000000 USD
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4127000000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4219000000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
13890000000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
13577000000 USD
CY2020Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
50222000000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
48841000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1331000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1551000000 USD
us-gaap Depreciation
Depreciation
254000000 USD
us-gaap Depreciation
Depreciation
232000000 USD
gd Amortizationof Intangible Assets And Finance Lease Rightof Use Assets
AmortizationofIntangibleAssetsAndFinanceLeaseRightofUseAssets
177000000 USD
gd Amortizationof Intangible Assets And Finance Lease Rightof Use Assets
AmortizationofIntangibleAssetsAndFinanceLeaseRightofUseAssets
183000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
61000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
72000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-83000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-17000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-64000000 USD
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-160000000 USD
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
1074000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
433000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
556000000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-782000000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-301000000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-863000000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-607000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-356000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
51000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
177000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-504000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
406000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
362000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-184000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-222000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-363000000 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
3960000000 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2000000000 USD
us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
1394000000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
13577000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
610000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
563000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
501000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
231000000 USD
us-gaap Proceeds From Issuance Of Commercial Paper
ProceedsFromIssuanceOfCommercialPaper
420000000 USD
us-gaap Proceeds From Issuance Of Commercial Paper
ProceedsFromIssuanceOfCommercialPaper
0 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-118000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
30000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1467000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
630000000 USD
us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
-24000000 USD
us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
-24000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1398000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-261000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
902000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
963000000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2300000000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
702000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-56000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-397000000 USD
us-gaap Interest Paid Net
InterestPaidNet
221000000 USD
us-gaap Interest Paid Net
InterestPaidNet
216000000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
13200000000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
625000000 USD
CY2020Q2 us-gaap Dividends Cash
DividendsCash
314000000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
35000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
344000000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
13890000000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
12234000000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
806000000 USD
CY2019Q2 us-gaap Dividends Cash
DividendsCash
296000000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
24000000 USD
CY2019Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
98000000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
207000000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
12877000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1331000000 USD
us-gaap Dividends Cash
DividendsCash
633000000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
61000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
501000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18816000000 USD
CY2020Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5372000000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5286000000 USD
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4721000000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4475000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
92000000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
13890000000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
11732000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1551000000 USD
us-gaap Dividends Cash
DividendsCash
586000000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
62000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
184000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
302000000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
12877000000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:24px;font-size:12pt;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">Use of Estimates and Other Uncertainties. </span><span style="font-family:inherit;font-size:12pt;">The Coronavirus (COVID-19) outbreak has caused significant disruptions to national and global economies and government activities. Our businesses have been designated as critical infrastructure by the U.S. government and many non-U.S. governments and, as such, are required to stay open. Within our Aerospace segment, quarantine and travel restrictions in connection with the outbreak have delayed aircraft deliveries, and the economic consequences of COVID-19 have impacted demand. Our defense business has also experienced disruptions, such as customer site closures, travel restrictions and social distancing requirements, which have impacted contract execution. We have instituted various initiatives throughout the company as part of our business continuity programs, and we continue to work to mitigate risk when disruptions occur. While we expect this situation to be </span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:12pt;"><span style="font-family:inherit;font-size:12pt;">temporary, any longer-term impact to our business is currently unknown due to the uncertainty around the outbreak’s duration and its broader impact. </span></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:24px;font-size:12pt;"><span style="font-family:inherit;font-size:12pt;">The nature of our business requires that we make estimates and assumptions in accordance with GAAP. These estimates and assumptions affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of revenue and expenses during the reporting period. The COVID-19 outbreak has impacted these estimates and assumptions and will continue to do so. The accounting for long-term contracts requires the use of estimates (see Note C). Our estimates at the end of the second quarter included impacts from the disruptions caused by COVID-19. Given the uncertainties around the pandemic, including its duration and potential future disruptions to our supply chain or workforce, it is reasonably possible that the actual impact of the pandemic on contract costs could be materially different than our current estimates. The United States and some other governments have taken steps to provide relief. Where our customer has agreed to reimburse certain costs, such as provided for by the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act), we have included those recoveries in our estimates of revenue. To the extent the U.S. government provides for reimbursement of additional costs through legislation and the U.S. Department of Defense (DoD) has available funds, we will seek reimbursement as appropriate.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:24px;font-size:12pt;"><span style="font-family:inherit;font-size:12pt;">The company is also monitoring for other long-term impacts of the pandemic, such as the impairment of goodwill, intangibles or other long-lived assets. As of the end of the quarter, we have not identified a triggering event requiring an impairment test.</span></div>
CY2020Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
10093000000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
9761000000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
19677000000 USD
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
21000000 USD
us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
20000000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
19718000000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4489000000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2292000000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2197000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4573000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2258000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2315000000 USD
CY2020Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
65000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
131000000 USD
CY2019Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
70000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
140000000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
82700000000 USD
CY2020Q2 gd Revenue Remaining Performance Obligation Percentage Recognized
RevenueRemainingPerformanceObligationPercentageRecognized
0.50
CY2020Q2 gd Revenue Remaining Performance Obligation Percentage Recognized
RevenueRemainingPerformanceObligationPercentageRecognized
0.30
CY2020Q2 gd Numberof Active Contracts
NumberofActiveContracts
11000 contract
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9264000000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9555000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18013000000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9264000000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9555000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18013000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18816000000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9264000000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9555000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18013000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18816000000 USD
CY2020Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1200000000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2400000000 USD
CY2019Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1200000000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2900000000 USD
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
286388000 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
288099000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
287479000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
288008000 shares
CY2020Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
545000 shares
CY2019Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2716000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1036000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2816000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
286933000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
290815000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
288515000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
290824000 shares
CY2020Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
35000000 USD
CY2019Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
33000000 USD
CY2020Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
446000000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
481000000 USD
CY2020Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
411000000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
448000000 USD
CY2020Q2 gd Possible Chance Of Tax Position Sustainable Percentage
PossibleChanceOfTaxPositionSustainablePercentage
0.50
CY2020Q2 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
0 USD
CY2020Q2 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
33823000000 USD
CY2019Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
33481000000 USD
CY2020Q2 gd Unbilled Receivables Advancesand Progress Payments
UnbilledReceivablesAdvancesandProgressPayments
26108000000 USD
CY2019Q4 gd Unbilled Receivables Advancesand Progress Payments
UnbilledReceivablesAdvancesandProgressPayments
25624000000 USD
CY2020Q2 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
7715000000 USD
CY2019Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
7857000000 USD
CY2020Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
4599000000 USD
CY2019Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
4419000000 USD
CY2020Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
1830000000 USD
CY2019Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
1733000000 USD
CY2020Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
154000000 USD
CY2019Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
30000000 USD
CY2020Q2 gd Inventory Pre Owned Aircraft
InventoryPreOwnedAircraft
83000000 USD
CY2019Q4 gd Inventory Pre Owned Aircraft
InventoryPreOwnedAircraft
124000000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
6666000000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
6306000000 USD
CY2020Q2 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
14724000000 USD
CY2019Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
12005000000 USD
CY2020Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
133000000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
75000000 USD
CY2020Q2 gd Debt Longtermand Shortterm Combined Amount Net
DebtLongtermandShorttermCombinedAmountNet
14591000000 USD
CY2019Q4 gd Debt Longtermand Shortterm Combined Amount Net
DebtLongtermandShorttermCombinedAmountNet
11930000000 USD
CY2020Q2 us-gaap Debt Current
DebtCurrent
4121000000 USD
CY2019Q4 us-gaap Debt Current
DebtCurrent
2920000000 USD
CY2020Q2 gd Debt Longtermand Shortterm Combined Amount Excluding Current Maturities
DebtLongtermandShorttermCombinedAmountExcludingCurrentMaturities
10470000000 USD
CY2019Q4 gd Debt Longtermand Shortterm Combined Amount Excluding Current Maturities
DebtLongtermandShorttermCombinedAmountExcludingCurrentMaturities
9010000000 USD
CY2020Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
2500000000 USD
CY2020Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
5000000000 USD
CY2020Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
929000000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
941000000 USD
CY2020Q2 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
329000000 USD
CY2019Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
306000000 USD
CY2020Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
291000000 USD
CY2019Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
296000000 USD
CY2020Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
267000000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
252000000 USD
CY2020Q2 us-gaap Cash Flow Hedge Derivative Instrument Liabilities At Fair Value
CashFlowHedgeDerivativeInstrumentLiabilitiesAtFairValue
125000000 USD
CY2019Q4 us-gaap Cash Flow Hedge Derivative Instrument Liabilities At Fair Value
CashFlowHedgeDerivativeInstrumentLiabilitiesAtFairValue
32000000 USD
CY2020Q2 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
1949000000 USD
CY2019Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
1744000000 USD
CY2020Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
3890000000 USD
CY2019Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
3571000000 USD
CY2020Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
4944000000 USD
CY2019Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
5172000000 USD
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1112000000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1251000000 USD
CY2020Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
782000000 USD
CY2019Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
709000000 USD
CY2020Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
446000000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
481000000 USD
CY2020Q2 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
1972000000 USD
CY2019Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
1840000000 USD
CY2020Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
9256000000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
9453000000 USD
CY2020Q1 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
10000000 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
3400000 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
501000000 USD
CY2020Q2 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2020Q2 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
13000000 shares
CY2020Q2 gd Stock Repurchase Program Authorized Shares Remaining For Repurchase Percentage Of Total Shares Outstanding
StockRepurchaseProgramAuthorizedSharesRemainingForRepurchasePercentageOfTotalSharesOutstanding
0.045
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1100000 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
184000000 USD
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.10
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.20
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.02
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.04
CY2020Q2 us-gaap Payments Of Dividends
PaymentsOfDividends
315000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
610000000 USD
CY2019Q2 us-gaap Payments Of Dividends
PaymentsOfDividends
295000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
563000000 USD
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
144000000 USD
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
52000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
92000000 USD
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
346000000 USD
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
44000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
302000000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2300000000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
902000000 USD
CY2020Q2 us-gaap Marketable Securities
MarketableSecurities
199000000 USD
CY2019Q4 us-gaap Marketable Securities
MarketableSecurities
207000000 USD
CY2020Q2 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
10000000000 USD
CY2019Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
5000000000 USD
CY2020Q2 gd Letters Of Credit And Guarantees
LettersOfCreditAndGuarantees
1200000000 USD
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
619000000 USD
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
480000000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
55000000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
50000000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
51000000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
37000000 USD
gd Product Warranty Adjustments
ProductWarrantyAdjustments
2000000 USD
gd Product Warranty Adjustments
ProductWarrantyAdjustments
11000000 USD
CY2020Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
621000000 USD
CY2019Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
482000000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
5 Segment
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9264000000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9555000000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
841000000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1090000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18013000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18816000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1782000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
2104000000 USD

Files In Submission

Name View Source Status
0000040533-20-000057-index-headers.html Edgar Link pending
0000040533-20-000057-index.html Edgar Link pending
0000040533-20-000057.txt Edgar Link pending
0000040533-20-000057-xbrl.zip Edgar Link pending
ex22-20200628.htm Edgar Link pending
ex311-20200628.htm Edgar Link pending
ex312-20200628.htm Edgar Link pending
ex321-20200628.htm Edgar Link pending
ex322-20200628.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
gd-20200628.xsd Edgar Link pending
gd-2020062810q.htm Edgar Link pending
gd-2020062810q_htm.xml Edgar Link completed
gd-20200628_cal.xml Edgar Link unprocessable
gd-20200628_def.xml Edgar Link unprocessable
gd-20200628_lab.xml Edgar Link unprocessable
gd-20200628_pre.xml Edgar Link unprocessable
gdlogo-20200329a06.gif Edgar Link pending
MetaLinks.json Edgar Link pending
mosssignature20191231a02.gif Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending