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Costs and Estimated Earnings on Uncompleted Contracts (Tables)
6 Months Ended
Jun. 30, 2017
Text Block [Abstract]  
Costs and Estimated Earnings on Uncompleted Contracts

Costs and estimated earnings on uncompleted contracts consist of (in millions):

 

     June 30,      December 31,  
     2017      2016  

Costs incurred on uncompleted contracts

   $ 7,157      $ 8,132  

Estimated earnings

     3,350        3,869  
  

 

 

    

 

 

 
     10,507        12,001  

Less: Billings to date

     10,245        11,776  
  

 

 

    

 

 

 
   $ 262      $ 225  
  

 

 

    

 

 

 

Costs and estimated earnings in excess of billings on uncompleted contracts

   $ 599      $ 665  

Billings in excess of costs and estimated earnings on uncompleted contracts

     (337      (440
  

 

 

    

 

 

 
   $ 262      $ 225