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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 1,069 $ 1,591
Receivables, net 1,739 1,321
Inventories, net 1,813 1,331
Contract assets 685 461
Prepaid and other current assets 187 198
Total current assets 5,493 4,902
Property, plant and equipment, net 1,781 1,823
Lease right-of-use assets, operating 346 361
Lease right-of-use assets, financing 171 176
Goodwill 1,505 1,527
Intangibles, net 490 503
Investment in unconsolidated affiliates 117 50
Other assets 232 208
Total assets 10,135 9,550
Current liabilities:    
Accounts payable 906 612
Accrued liabilities 959 778
Contract liabilities 444 392
Current portion of lease liabilities 87 99
Current portion of long-term debt 13 5
Accrued income taxes 28 24
Total current liabilities 2,437 1,910
Long-term debt 1,717 1,708
Lease liabilities 549 576
Deferred income taxes 68 66
Other liabilities 230 226
Total liabilities 5,001 4,486
Commitments and contingencies
Stockholders’ equity:    
Common stock - par value $.01; 1 billion shares authorized; 392,832,752 and 392,673,077 shares issued and outstanding at December 31, 2022 and December 31, 2021 4 4
Additional paid-in capital 8,754 8,685
Accumulated other comprehensive loss (1,593) (1,546)
Retained earnings (2,069) (2,146)
Total Company stockholders' equity 5,096 4,997
Noncontrolling interests 38 67
Total stockholders’ equity 5,134 5,064
Total liabilities and stockholders’ equity $ 10,135 $ 9,550