2022 Q2 Form 10-Q Financial Statement
#000004053322000013 Filed on April 27, 2022
Income Statement
Concept | 2022 Q2 | 2021 Q2 |
---|---|---|
Revenue | $9.392B | $9.389B |
YoY Change | 0.03% | 1.35% |
Cost Of Revenue | $7.858B | $7.892B |
YoY Change | -0.43% | 0.55% |
Gross Profit | $1.534B | $1.497B |
YoY Change | 2.47% | 5.8% |
Gross Profit Margin | 16.33% | 15.94% |
Selling, General & Admin | $626.0M | $559.0M |
YoY Change | 11.99% | -2.61% |
% of Gross Profit | 40.81% | 37.34% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $139.0M | $136.0M |
YoY Change | 2.21% | -37.9% |
% of Gross Profit | 9.06% | 9.08% |
Operating Expenses | $626.0M | $559.0M |
YoY Change | 11.99% | -2.61% |
Operating Profit | $908.0M | $938.0M |
YoY Change | -3.2% | 12.47% |
Interest Expense | -$98.00M | -$123.0M |
YoY Change | -20.33% | -6.82% |
% of Operating Profit | -10.79% | -13.11% |
Other Income/Expense, Net | $39.00M | $30.00M |
YoY Change | 30.0% | 20.0% |
Pretax Income | $849.0M | $845.0M |
YoY Change | 0.47% | 16.23% |
Income Tax | $119.0M | $137.0M |
% Of Pretax Income | 14.02% | 16.21% |
Net Earnings | $730.0M | $708.0M |
YoY Change | 3.11% | 13.28% |
Net Earnings / Revenue | 7.77% | 7.54% |
Basic Earnings Per Share | ||
Diluted Earnings Per Share | $2.608M | $2.484M |
COMMON SHARES | ||
Basic Shares Outstanding | 277.1M shares | 284.1M shares |
Diluted Shares Outstanding | 279.9M shares | 285.2M shares |
Balance Sheet
Concept | 2022 Q2 | 2021 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $3.082B | $2.006B |
YoY Change | 53.64% | -19.73% |
Cash & Equivalents | $2.900B | $1.800B |
Short-Term Investments | $182.0M | $206.0M |
Other Short-Term Assets | $1.436B | $1.731B |
YoY Change | -17.04% | 84.35% |
Inventory | $5.548B | $5.688B |
Prepaid Expenses | ||
Receivables | $3.015B | $3.191B |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $20.79B | $20.41B |
YoY Change | 1.89% | -3.44% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $5.450B | $5.090B |
YoY Change | 7.07% | 7.82% |
Goodwill | $20.11B | $19.97B |
YoY Change | 0.71% | 1.29% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $2.592B | $2.450B |
YoY Change | 5.8% | -0.04% |
Total Long-Term Assets | $30.08B | $29.56B |
YoY Change | 1.78% | 1.61% |
TOTAL ASSETS | ||
Total Short-Term Assets | $20.79B | $20.41B |
Total Long-Term Assets | $30.08B | $29.56B |
Total Assets | $50.88B | $49.96B |
YoY Change | 1.83% | -0.52% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $3.190B | $2.736B |
YoY Change | 16.59% | 14.81% |
Accrued Expenses | $1.466B | $1.413B |
YoY Change | 3.75% | -7.34% |
Deferred Revenue | $6.363B | $5.694B |
YoY Change | 11.75% | -8.34% |
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $1.005B | $3.186B |
YoY Change | -68.46% | -22.69% |
Total Short-Term Liabilities | $14.04B | $15.15B |
YoY Change | -7.37% | -8.75% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $10.49B | $9.995B |
YoY Change | 4.96% | -4.54% |
Other Long-Term Liabilities | $8.335B | $9.475B |
YoY Change | -12.03% | 2.37% |
Total Long-Term Liabilities | $18.83B | $19.47B |
YoY Change | -3.31% | -1.3% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $14.04B | $15.15B |
Total Long-Term Liabilities | $18.83B | $19.47B |
Total Liabilities | $32.86B | $34.62B |
YoY Change | -5.09% | -4.7% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $35.80B | $33.87B |
YoY Change | 5.7% | 4.88% |
Common Stock | $482.0M | $482.0M |
YoY Change | 0.0% | 0.0% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $19.84B | $18.59B |
YoY Change | 6.74% | 4.36% |
Treasury Stock Shares | ||
Shareholders Equity | $18.01B | $15.34B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $50.88B | $49.96B |
YoY Change | 1.83% | -0.52% |
Cashflow Statement
Concept | 2022 Q2 | 2021 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $730.0M | $708.0M |
YoY Change | 3.11% | 13.28% |
Depreciation, Depletion And Amortization | $139.0M | $136.0M |
YoY Change | 2.21% | -37.9% |
Cash From Operating Activities | $1.968B | $3.000M |
YoY Change | 65500.0% | -99.64% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $141.0M | $134.0M |
YoY Change | 5.22% | -160.63% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $6.000M | -$3.000M |
YoY Change | -300.0% | -101.7% |
Cash From Investing Activities | -$147.0M | -$131.0M |
YoY Change | 12.21% | 191.11% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $330.0M | $315.0M |
YoY Change | 4.76% | 0.0% |
Common Stock Issuance & Retirement, Net | $294.0M | $759.0M |
YoY Change | -61.26% | |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$517.0M | -$873.0M |
YoY Change | -40.78% | -77.13% |
NET CHANGE | ||
Cash From Operating Activities | $1.968B | $3.000M |
Cash From Investing Activities | -$147.0M | -$131.0M |
Cash From Financing Activities | -$517.0M | -$873.0M |
Net Change In Cash | $1.304B | -$1.013B |
YoY Change | -228.73% | -66.57% |
FREE CASH FLOW | ||
Cash From Operating Activities | $1.968B | $3.000M |
Capital Expenditures | $141.0M | $134.0M |
Free Cash Flow | $1.827B | -$131.0M |
YoY Change | -1494.66% | -112.43% |
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CY2021Q2 | us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
-52000000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
234000000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-57000000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
23000000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-216000000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
675000000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-544000000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
72000000 | USD |
CY2022Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1968000000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
15661000000 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
3000000 | USD |
CY2022Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
141000000 | USD |
CY2021Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
134000000 | USD |
CY2022Q2 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
6000000 | USD |
CY2021Q2 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-3000000 | USD |
CY2022Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-147000000 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-131000000 | USD |
CY2022Q2 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
330000000 | USD |
CY2021Q2 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
315000000 | USD |
CY2022Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
294000000 | USD |
CY2021Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
759000000 | USD |
CY2022Q2 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
107000000 | USD |
CY2021Q2 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
201000000 | USD |
CY2022Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-517000000 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-873000000 | USD |
CY2022Q2 | us-gaap |
Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
|
0 | USD |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
55000000 | USD |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
18014000000 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
|
-12000000 | USD |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1304000000 | USD |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1013000000 | USD |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1603000000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2824000000 | USD |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2907000000 | USD |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1811000000 | USD |
CY2022Q2 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-15000000 | USD |
CY2021Q2 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-33000000 | USD |
CY2022Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
93000000 | USD |
CY2021Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
107000000 | USD |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
17641000000 | USD |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
730000000 | USD |
CY2022Q2 | us-gaap |
Dividends Cash
DividendsCash
|
350000000 | USD |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
230000000 | USD |
CY2022Q2 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
292000000 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
708000000 | USD |
CY2022Q2 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
757000000 | USD |
CY2021Q2 | us-gaap |
Dividends Cash
DividendsCash
|
337000000 | USD |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
80000000 | USD |
CY2021Q2 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
744000000 | USD |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-28000000 | USD |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
15340000000 | USD |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
11631000000 | USD |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
11464000000 | USD |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
6181000000 | USD |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
6047000000 | USD |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
5450000000 | USD |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
5417000000 | USD |
CY2022Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
87200000000 | USD |
CY2022Q2 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.55 | |
CY2022Q2 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.30 | |
CY2022Q2 | gd |
Number Of Active Contracts
NumberOfActiveContracts
|
10000 | contract |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
9392000000 | USD |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
9389000000 | USD |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
9392000000 | USD |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
9389000000 | USD |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
9392000000 | USD |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
9389000000 | USD |
CY2022Q2 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
1700000000 | USD |
CY2021Q2 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
1500000000 | USD |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
277074000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
284102000 | shares |
CY2022Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2863000 | shares |
CY2021Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1096000 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
279937000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
285198000 | shares |
CY2022Q2 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
41000000 | USD |
CY2021Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
41000000 | USD |
CY2022Q2 | us-gaap |
Unbilled Receivables Current
UnbilledReceivablesCurrent
|
7888000000 | USD |
CY2021Q4 | us-gaap |
Unbilled Receivables Current
UnbilledReceivablesCurrent
|
8498000000 | USD |
CY2021Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
868000000 | USD |
CY2022Q2 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
716000000 | USD |
CY2021Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
827000000 | USD |
CY2022Q2 | us-gaap |
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
|
0 | USD |
CY2022Q2 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
35695000000 | USD |
CY2021Q4 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
39566000000 | USD |
CY2022Q2 | gd |
Unbilled Receivables Advances And Progress Payments
UnbilledReceivablesAdvancesAndProgressPayments
|
27807000000 | USD |
CY2021Q4 | gd |
Unbilled Receivables Advances And Progress Payments
UnbilledReceivablesAdvancesAndProgressPayments
|
31068000000 | USD |
CY2022Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
3865000000 | USD |
CY2021Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
3654000000 | USD |
CY2022Q2 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
1645000000 | USD |
CY2021Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
1651000000 | USD |
CY2022Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
25000000 | USD |
CY2021Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
22000000 | USD |
CY2022Q2 | gd |
Inventory Pre Owned Aircraft
InventoryPreOwnedAircraft
|
13000000 | USD |
CY2021Q4 | gd |
Inventory Pre Owned Aircraft
InventoryPreOwnedAircraft
|
13000000 | USD |
CY2021Q4 | us-gaap |
Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
|
270000000 | USD |
CY2022Q2 | us-gaap |
Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
|
265000000 | USD |
CY2022Q2 | us-gaap |
Inventory Net
InventoryNet
|
5548000000 | USD |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
5340000000 | USD |
CY2021Q4 | us-gaap |
Goodwill
Goodwill
|
20098000000 | USD |
CY2022Q2 | us-gaap |
Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
|
16000000 | USD |
CY2022Q2 | us-gaap |
Goodwill
Goodwill
|
20114000000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
3875000000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1949000000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1926000000 | USD |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
3874000000 | USD |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1896000000 | USD |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1978000000 | USD |
CY2022Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
50000000 | USD |
CY2021Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
55000000 | USD |
CY2022Q2 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
11602000000 | USD |
CY2021Q4 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
11606000000 | USD |
CY2022Q2 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
106000000 | USD |
CY2021Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
111000000 | USD |
CY2022Q2 | gd |
Debt Long Term And Short Term Combined Amount Net
DebtLongTermAndShortTermCombinedAmountNet
|
11496000000 | USD |
CY2021Q4 | gd |
Debt Long Term And Short Term Combined Amount Net
DebtLongTermAndShortTermCombinedAmountNet
|
11495000000 | USD |
CY2022Q2 | us-gaap |
Debt Current
DebtCurrent
|
1005000000 | USD |
CY2021Q4 | us-gaap |
Debt Current
DebtCurrent
|
1005000000 | USD |
CY2022Q2 | gd |
Debt Long Term And Short Term Combined Amount Excluding Current Maturities
DebtLongTermAndShortTermCombinedAmountExcludingCurrentMaturities
|
10491000000 | USD |
CY2021Q4 | gd |
Debt Long Term And Short Term Combined Amount Excluding Current Maturities
DebtLongTermAndShortTermCombinedAmountExcludingCurrentMaturities
|
10490000000 | USD |
CY2022Q2 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
4000000000 | USD |
CY2022Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
870000000 | USD |
CY2021Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1022000000 | USD |
CY2022Q2 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
350000000 | USD |
CY2021Q4 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
331000000 | USD |
CY2022Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
331000000 | USD |
CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
337000000 | USD |
CY2022Q2 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
|
285000000 | USD |
CY2021Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
|
288000000 | USD |
CY2022Q2 | us-gaap |
Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
|
1377000000 | USD |
CY2021Q4 | us-gaap |
Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
|
1292000000 | USD |
CY2022Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
3478000000 | USD |
CY2021Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
3540000000 | USD |
CY2022Q2 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
2717000000 | USD |
CY2021Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
2813000000 | USD |
CY2022Q2 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
1828000000 | USD |
CY2021Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
1250000000 | USD |
CY2022Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1346000000 | USD |
CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1343000000 | USD |
CY2022Q2 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
2444000000 | USD |
CY2021Q4 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
2558000000 | USD |
CY2022Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
8335000000 | USD |
CY2021Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
7964000000 | USD |
CY2022Q2 | gd |
Letters Of Credit And Guarantees
LettersOfCreditAndGuarantees
|
1000000000 | USD |
CY2021Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
641000000 | USD |
CY2020Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
660000000 | USD |
CY2022Q2 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
21000000 | USD |
CY2021Q2 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
26000000 | USD |
CY2022Q2 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
33000000 | USD |
CY2021Q2 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
40000000 | USD |
CY2022Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
629000000 | USD |
CY2021Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
646000000 | USD |
CY2022Q2 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
1300000 | shares |
CY2022Q2 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
292000000 | USD |
CY2022Q2 | us-gaap |
Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
|
10800000 | shares |
CY2022Q2 | gd |
Stock Repurchase Program Authorized Shares Remaining For Repurchase Percentage Of Total Shares Outstanding
StockRepurchaseProgramAuthorizedSharesRemainingForRepurchasePercentageOfTotalSharesOutstanding
|
0.039 | |
CY2021Q2 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
4600000 | shares |
CY2021Q2 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
744000000 | USD |
CY2022Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.26 | |
CY2021Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.19 | |
CY2022Q2 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
330000000 | USD |
CY2021Q2 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
315000000 | USD |
CY2022Q2 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
4 | segment |
CY2022Q2 | us-gaap |
Average Remaining Maturity Of Foreign Currency Derivatives1
AverageRemainingMaturityOfForeignCurrencyDerivatives1
|
P2Y | |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
9392000000 | USD |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
9389000000 | USD |
CY2022Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
908000000 | USD |
CY2021Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
938000000 | USD |
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2900000000 | USD |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1600000000 | USD |
CY2022Q2 | us-gaap |
Marketable Securities
MarketableSecurities
|
182000000 | USD |
CY2021Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
191000000 | USD |
CY2022Q2 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
7500000000 | USD |
CY2021Q4 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
6800000000 | USD |