XML 51 R40.htm IDEA: XBRL DOCUMENT
v3.25.3

CONTRACT AND OTHER DEFERRED ASSETS, CONTRACT LIABILITIES AND DEFERRED INCOME & PROGRESS COLLECTIONS (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Contractors [Abstract] |
Schedule of Contract Assets, Liabilities and Other Deferred Assets and Income |
CONTRACT ASSETS, LIABILITIES AND OTHER DEFERRED ASSETS AND INCOME |  | September 30, 2025 | December 31, 2024
Long-term service agreements |  | $ | 2,423 |  | $ | 2,374 |
Equipment and other service agreements |  | 688 |  | 609 |
Current contract assets |  | $ | 3,111 |  | $ | 2,982 |
Nonrecurring engineering costs(a) |  | $ | 2,425 |  | $ | 2,438 |
Customer advances and other(b) |  | 2,295 |  | 2,393 |
Contract and other deferred assets |  | 4,720 |  | 4,831 |
Total contract and other deferred assets |  | $ | 7,830 |  | $ | 7,814 |
Long-term service agreement liabilities |  | $ | 9,519 |  | $ | 8,994 |
Current deferred income |  | 332 |  | 359 |
Contract liabilities and current deferred income |  | $ | 9,852 |  | $ | 9,353 |
Non-current deferred income |  | 1,081 |  | 1,013 |
Total contract liabilities and deferred income |  | $ | 10,933 |  | $ | 10,366 |
Contract assets (liabilities) and other deferred assets (income) |  | $ | (3,102) |  | $ | (2,552) |
(a) Includes contract fulfillment costs for engineering and development incurred prior to production for equipment production contracts, primarily within our Defense & Propulsion Technologies segment, which are amortized ratably over each unit produced. We assess the recoverability of these costs and if we determine the costs are no longer probable of recovery, the asset is impaired. (b) Includes amounts due from customers within our Commercial Engines & Services segment for the sales of engines, spare parts and services, which we collect through fixed or usage-based billings from the sale of spare parts and servicing of equipment under long-term service agreements.

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ContractorsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration