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Consolidated Statements of Earnings - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Net sales      
Total net sales $ 71,043 $ 67,571 $ 65,984
Cost of sales      
Impairment and severance charges (87) (92) (100)
Other unallocated, net 1,043 1,233 1,012
Total cost of sales (64,113) (59,092) (57,697)
Gross profit 6,930 8,479 8,287
Other income, net 83 28 61
Operating profit 7,013 8,507 8,348
Interest expense (1,036) (916) (623)
Non-service FAS pension income (expense) 62 443 (971)
Other non-operating income (expense), net 181 64 (74)
Earnings before income taxes 6,220 8,098 6,680
Income tax expense (884) (1,178) (948)
Net earnings $ 5,336 $ 6,920 $ 5,732
Earnings per common share      
Basic (in dollars per share) $ 22.39 $ 27.65 $ 21.74
Diluted (in dollars per share) $ 22.31 $ 27.55 $ 21.66
Products      
Net sales      
Total net sales $ 59,277 $ 56,265 $ 55,466
Cost of sales      
Total cost of sales (54,852) (50,206) (49,357)
Services      
Net sales      
Total net sales 11,766 11,306 10,518
Cost of sales      
Total cost of sales $ (10,217) $ (10,027) $ (9,252)