10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000040533-20-000029 |
| Period End Date | 20200331 |
| Filing Date | 20200429 |
| Fiscal Year | 2020 |
| Fiscal Period | Q1 |
| XBRL Instance | gd-2020032910q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$5.33B | USD | Point-in-time |
| Cash and equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$902.00M | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$3.54B | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$3.55B | USD | Point-in-time |
| Unbilled receivables |
UnbilledReceivablesCurrent
|
$7.86B | USD | Point-in-time |
| Unbilled receivables |
UnbilledReceivablesCurrent
|
$7.94B | USD | Point-in-time |
| Inventories |
InventoryNet
|
$6.85B | USD | Point-in-time |
| Inventories |
InventoryNet
|
$6.31B | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$1.17B | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$1.07B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$24.74B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$19.78B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$4.54B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$4.47B | USD | Point-in-time |
| Intangible assets, net |
FiniteLivedIntangibleAssetsNet
|
$2.26B | USD | Point-in-time |
| Intangible assets, net |
FiniteLivedIntangibleAssetsNet
|
$2.31B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$19.68B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$19.65B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$2.52B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$2.59B | USD | Point-in-time |
| Total noncurrent assets |
AssetsNoncurrent
|
$29.06B | USD | Point-in-time |
| Total noncurrent assets |
AssetsNoncurrent
|
$28.97B | USD | Point-in-time |
| Total assets |
Assets
|
$48.84B | USD | Point-in-time |
| Total assets |
Assets
|
$53.71B | USD | Point-in-time |
| Short-term debt and current portion of long-term debt |
DebtCurrent
|
$2.92B | USD | Point-in-time |
| Short-term debt and current portion of long-term debt |
DebtCurrent
|
$5.05B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$3.16B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$2.79B | USD | Point-in-time |
| Customer advances and deposits |
ContractWithCustomerLiabilityCurrent
|
$6.83B | USD | Point-in-time |
| Customer advances and deposits |
ContractWithCustomerLiabilityCurrent
|
$7.15B | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$3.57B | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$3.78B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$16.80B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$18.44B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$9.01B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$12.95B | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$9.12B | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$9.45B | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Total noncurrent liabilities |
LiabilitiesNoncurrent
|
$18.46B | USD | Point-in-time |
| Total noncurrent liabilities |
LiabilitiesNoncurrent
|
$22.07B | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$482.00M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$482.00M | USD | Point-in-time |
| Surplus |
AdditionalPaidInCapital
|
$3.04B | USD | Point-in-time |
| Surplus |
AdditionalPaidInCapital
|
$3.02B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$31.98B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$31.63B | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$17.36B | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$17.81B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-3.78B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-3.68B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-4.22B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-4.47B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$11.73B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$13.58B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$13.20B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$12.23B | USD | Point-in-time |
| Total liabilities and shareholders equity |
LiabilitiesAndStockholdersEquity
|
$53.71B | USD | Point-in-time |
| Total liabilities and shareholders equity |
LiabilitiesAndStockholdersEquity
|
$48.84B | USD | Point-in-time |
Income Statement
22 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$8.75B | USD | 1 Quarter |
| Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$9.26B | USD | 1 Quarter |
| General and administrative (G&A) |
GeneralAndAdministrativeExpense
|
$614.00M | USD | 1 Quarter |
| General and administrative (G&A) |
GeneralAndAdministrativeExpense
|
$547.00M | USD | 1 Quarter |
| Operating costs and expenses, total |
CostsAndExpenses
|
$7.81B | USD | 1 Quarter |
| Operating costs and expenses, total |
CostsAndExpenses
|
$8.25B | USD | 1 Quarter |
| Operating earnings |
OperatingIncomeLoss
|
$1.01B | USD | 1 Quarter |
| Operating earnings |
OperatingIncomeLoss
|
$941.00M | USD | 1 Quarter |
| Interest, net |
InterestIncomeExpenseNet
|
$-107.00M | USD | 1 Quarter |
| Interest, net |
InterestIncomeExpenseNet
|
$-117.00M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$18.00M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$14.00M | USD | 1 Quarter |
| Earnings before income tax |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$848.00M | USD | 1 Quarter |
| Earnings before income tax |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$915.00M | USD | 1 Quarter |
| Provision for income tax, net |
IncomeTaxExpenseBenefit
|
$170.00M | USD | 1 Quarter |
| Provision for income tax, net |
IncomeTaxExpenseBenefit
|
$142.00M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$706.00M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$745.00M | USD | 1 Quarter |
| Basic (in dollars per share) |
IncomeLossFromContinuingOperationsPerBasicShare
|
$2.59 | USD | 1 Quarter |
| Basic (in dollars per share) |
IncomeLossFromContinuingOperationsPerBasicShare
|
$2.45 | USD | 1 Quarter |
| Diluted (in dollars per share) |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$2.43 | USD | 1 Quarter |
| Diluted (in dollars per share) |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$2.56 | USD | 1 Quarter |
Cash Flow Statement
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$706.00M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$745.00M | USD | 1 Quarter |
| Depreciation of property, plant and equipment |
Depreciation
|
$122.00M | USD | 1 Quarter |
| Depreciation of property, plant and equipment |
Depreciation
|
$114.00M | USD | 1 Quarter |
| Amortization of intangible and finance lease right-of-use assets |
AmortizationofIntangibleAssetsAndFinanceLeaseRightofUseAssets
|
$90.00M | USD | 1 Quarter |
| Amortization of intangible and finance lease right-of-use assets |
AmortizationofIntangibleAssetsAndFinanceLeaseRightofUseAssets
|
$91.00M | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$40.00M | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$30.00M | USD | 1 Quarter |
| Deferred income tax benefit |
DeferredIncomeTaxExpenseBenefit
|
$-28.00M | USD | 1 Quarter |
| Deferred income tax benefit |
DeferredIncomeTaxExpenseBenefit
|
$-10.00M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-49.00M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$33.00M | USD | 1 Quarter |
| Unbilled receivables |
IncreaseDecreaseInContractWithCustomerAsset
|
$873.00M | USD | 1 Quarter |
| Unbilled receivables |
IncreaseDecreaseInContractWithCustomerAsset
|
$78.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$546.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$210.00M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-375.00M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-167.00M | USD | 1 Quarter |
| Customer advances and deposits |
IncreaseDecreaseInContractWithCustomerLiability
|
$-373.00M | USD | 1 Quarter |
| Customer advances and deposits |
IncreaseDecreaseInContractWithCustomerLiability
|
$-623.00M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-49.00M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$181.00M | USD | 1 Quarter |
| Net cash used by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-795.00M | USD | 1 Quarter |
| Net cash used by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-666.00M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$185.00M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$181.00M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-8.00M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$6.00M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-177.00M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-187.00M | USD | 1 Quarter |
| Proceeds from fixed-rate notes |
ProceedsFromIssuanceOfDebt
|
$3.96B | USD | 1 Quarter |
| Proceeds from fixed-rate notes |
ProceedsFromIssuanceOfDebt
|
- | USD | 1 Quarter |
| Proceeds from commercial paper, net |
ProceedsFromRepaymentsOfCommercialPaper
|
$1.01B | USD | 1 Quarter |
| Proceeds from commercial paper, net |
ProceedsFromRepaymentsOfCommercialPaper
|
$2.27B | USD | 1 Quarter |
| Purchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$133.00M | USD | 1 Quarter |
| Purchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$449.00M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$295.00M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$268.00M | USD | 1 Quarter |
| Other, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$88.00M | USD | 1 Quarter |
| Other, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-202.00M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$5.29B | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$697.00M | USD | 1 Quarter |
| Net cash used by discontinued operations |
NetCashProvidedByUsedInDiscontinuedOperations
|
$-5.00M | USD | 1 Quarter |
| Net cash used by discontinued operations |
NetCashProvidedByUsedInDiscontinuedOperations
|
$-14.00M | USD | 1 Quarter |
| Net increase (decrease) in cash and equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-290.00M | USD | 1 Quarter |
| Net increase (decrease) in cash and equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$4.43B | USD | 1 Quarter |
| Cash and equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$902.00M | USD | Point-in-time |
| Cash and equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$963.00M | USD | Point-in-time |
| Cash and equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$5.33B | USD | Point-in-time |
| Cash and equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$673.00M | USD | Point-in-time |
| Cash and equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$902.00M | USD | Point-in-time |
| Cash and equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$963.00M | USD | Point-in-time |
| Cash and equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$5.33B | USD | Point-in-time |
| Cash and equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$673.00M | USD | Point-in-time |
| Income tax payments, net |
IncomeTaxesPaidNet
|
$-37.00M | USD | 1 Quarter |
| Income tax payments, net |
IncomeTaxesPaidNet
|
$-43.00M | USD | 1 Quarter |
| Interest payments |
InterestPaidNet
|
$66.00M | USD | 1 Quarter |
| Interest payments |
InterestPaidNet
|
$48.00M | USD | 1 Quarter |
Stockholders Equity
18 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquity
|
$11.73B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$13.58B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$13.20B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$12.23B | USD | Point-in-time |
| Net earnings |
NetIncomeLoss
|
$706.00M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$745.00M | USD | 1 Quarter |
| Cash dividends declared |
DividendsCash
|
$290.00M | USD | 1 Quarter |
| Cash dividends declared |
DividendsCash
|
$319.00M | USD | 1 Quarter |
| Equity-based awards |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$26.00M | USD | 1 Quarter |
| Equity-based awards |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$38.00M | USD | 1 Quarter |
| Shares purchased |
TreasuryStockValueAcquiredCostMethod
|
$501.00M | USD | 1 Quarter |
| Shares purchased |
TreasuryStockValueAcquiredCostMethod
|
$86.00M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$95.00M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$-252.00M | USD | 1 Quarter |
| Ending balance |
StockholdersEquity
|
$11.73B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$13.58B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$13.20B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$12.23B | USD | Point-in-time |
Comprehensive Income
18 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$706.00M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$745.00M | USD | 1 Quarter |
| (Losses) gains on cash flow hedges |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
$17.00M | USD | 1 Quarter |
| (Losses) gains on cash flow hedges |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
$-99.00M | USD | 1 Quarter |
| Unrealized gains on marketable securities |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$1.00M | USD | 1 Quarter |
| Unrealized gains on marketable securities |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
- | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
$31.00M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
$-239.00M | USD | 1 Quarter |
| Change in retirement plans funded status |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
$-63.00M | USD | 1 Quarter |
| Change in retirement plans funded status |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
$-77.00M | USD | 1 Quarter |
| Other comprehensive (loss) income, pretax |
OtherComprehensiveIncomeLossBeforeTax
|
$-260.00M | USD | 1 Quarter |
| Other comprehensive (loss) income, pretax |
OtherComprehensiveIncomeLossBeforeTax
|
$111.00M | USD | 1 Quarter |
| Benefit (provision) for income tax, net |
OtherComprehensiveIncomeLossTax
|
$-8.00M | USD | 1 Quarter |
| Benefit (provision) for income tax, net |
OtherComprehensiveIncomeLossTax
|
$16.00M | USD | 1 Quarter |
| Other comprehensive (loss) income, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$95.00M | USD | 1 Quarter |
| Other comprehensive (loss) income, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-252.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$454.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$840.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.