10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000040533-21-000016 |
| Period End Date | 20210331 |
| Filing Date | 20210428 |
| Fiscal Year | 2021 |
| Fiscal Period | Q1 |
| XBRL Instance | gd-20210404_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.81B | USD | Point-in-time |
| Cash and equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$2.82B | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$3.16B | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$3.19B | USD | Point-in-time |
| Unbilled receivables |
UnbilledReceivablesCurrent
|
$7.99B | USD | Point-in-time |
| Unbilled receivables |
UnbilledReceivablesCurrent
|
$8.02B | USD | Point-in-time |
| Inventories |
InventoryNet
|
$5.75B | USD | Point-in-time |
| Inventories |
InventoryNet
|
$5.69B | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$1.73B | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$1.79B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$20.41B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$21.54B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$5.09B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$5.10B | USD | Point-in-time |
| Intangible assets, net |
FiniteLivedIntangibleAssetsNet
|
$2.12B | USD | Point-in-time |
| Intangible assets, net |
FiniteLivedIntangibleAssetsNet
|
$2.04B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$20.05B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$19.97B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$2.45B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$2.50B | USD | Point-in-time |
| Total noncurrent assets |
AssetsNoncurrent
|
$29.55B | USD | Point-in-time |
| Total noncurrent assets |
AssetsNoncurrent
|
$29.77B | USD | Point-in-time |
| Total assets |
Assets
|
$51.31B | USD | Point-in-time |
| Total assets |
Assets
|
$49.96B | USD | Point-in-time |
| Short-term debt and current portion of long-term debt |
DebtCurrent
|
$3.00B | USD | Point-in-time |
| Short-term debt and current portion of long-term debt |
DebtCurrent
|
$3.19B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$2.74B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$2.95B | USD | Point-in-time |
| Customer advances and deposits |
ContractWithCustomerLiabilityCurrent
|
$6.28B | USD | Point-in-time |
| Customer advances and deposits |
ContractWithCustomerLiabilityCurrent
|
$5.69B | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$3.54B | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$3.73B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$15.15B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$15.96B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$9.99B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$9.99B | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$9.47B | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$9.69B | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Total noncurrent liabilities |
LiabilitiesNoncurrent
|
$19.47B | USD | Point-in-time |
| Total noncurrent liabilities |
LiabilitiesNoncurrent
|
$19.68B | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$482.00M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$482.00M | USD | Point-in-time |
| Surplus |
AdditionalPaidInCapital
|
$3.12B | USD | Point-in-time |
| Surplus |
AdditionalPaidInCapital
|
$3.15B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$33.50B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$33.87B | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$18.59B | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$17.89B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-3.55B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-3.58B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$13.98B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$13.61B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$15.34B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$15.66B | USD | Point-in-time |
| Total liabilities and shareholders equity |
LiabilitiesAndStockholdersEquity
|
$49.96B | USD | Point-in-time |
| Total liabilities and shareholders equity |
LiabilitiesAndStockholdersEquity
|
$51.31B | USD | Point-in-time |
Income Statement
22 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$9.39B | USD | 1 Quarter |
| Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$8.75B | USD | 1 Quarter |
| General and administrative (G&A) |
GeneralAndAdministrativeExpense
|
$525.00M | USD | 1 Quarter |
| General and administrative (G&A) |
GeneralAndAdministrativeExpense
|
$559.00M | USD | 1 Quarter |
| Operating costs and expenses, total |
CostsAndExpenses
|
$7.82B | USD | 1 Quarter |
| Operating costs and expenses, total |
CostsAndExpenses
|
$8.45B | USD | 1 Quarter |
| Operating earnings |
OperatingIncomeLoss
|
$934.00M | USD | 1 Quarter |
| Operating earnings |
OperatingIncomeLoss
|
$938.00M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$30.00M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$21.00M | USD | 1 Quarter |
| Interest, net |
InterestIncomeExpenseNet
|
$-123.00M | USD | 1 Quarter |
| Interest, net |
InterestIncomeExpenseNet
|
$-107.00M | USD | 1 Quarter |
| Earnings before income tax |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$845.00M | USD | 1 Quarter |
| Earnings before income tax |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$848.00M | USD | 1 Quarter |
| Provision for income tax, net |
IncomeTaxExpenseBenefit
|
$137.00M | USD | 1 Quarter |
| Provision for income tax, net |
IncomeTaxExpenseBenefit
|
$142.00M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$708.00M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$706.00M | USD | 1 Quarter |
| Basic (in dollars per share) |
IncomeLossFromContinuingOperationsPerBasicShare
|
$2.49 | 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
|
$2.48 | USD | 1 Quarter |
Cash Flow Statement
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$708.00M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$706.00M | USD | 1 Quarter |
| Depreciation of property, plant and equipment |
Depreciation
|
$136.00M | USD | 1 Quarter |
| Depreciation of property, plant and equipment |
Depreciation
|
$122.00M | USD | 1 Quarter |
| Amortization of intangible and finance lease right-of-use assets |
AmortizationofIntangibleAssetsAndFinanceLeaseRightofUseAssets
|
$79.00M | USD | 1 Quarter |
| Amortization of intangible and finance lease right-of-use assets |
AmortizationofIntangibleAssetsAndFinanceLeaseRightofUseAssets
|
$90.00M | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$30.00M | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$40.00M | USD | 1 Quarter |
| Deferred income tax benefit |
DeferredIncomeTaxExpenseBenefit
|
$-28.00M | USD | 1 Quarter |
| Deferred income tax benefit |
DeferredIncomeTaxExpenseBenefit
|
$-19.00M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$33.00M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$30.00M | USD | 1 Quarter |
| Unbilled receivables |
IncreaseDecreaseInContractWithCustomerAsset
|
$78.00M | USD | 1 Quarter |
| Unbilled receivables |
IncreaseDecreaseInContractWithCustomerAsset
|
$-52.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$546.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-57.00M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-375.00M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-216.00M | USD | 1 Quarter |
| Customer advances and deposits |
IncreaseDecreaseInContractWithCustomerLiability
|
$-544.00M | USD | 1 Quarter |
| Customer advances and deposits |
IncreaseDecreaseInContractWithCustomerLiability
|
$-373.00M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$260.00M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$181.00M | USD | 1 Quarter |
| Net cash provided (used) by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$3.00M | USD | 1 Quarter |
| Net cash provided (used) by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-666.00M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$134.00M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$185.00M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-8.00M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-3.00M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-177.00M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-131.00M | USD | 1 Quarter |
| Purchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$449.00M | USD | 1 Quarter |
| Purchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$759.00M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$295.00M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$315.00M | 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
|
- | USD | 1 Quarter |
| Proceeds from commercial paper, net |
ProceedsFromRepaymentsOfCommercialPaper
|
$2.27B | USD | 1 Quarter |
| Other, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-202.00M | USD | 1 Quarter |
| Other, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$201.00M | USD | 1 Quarter |
| Net cash (used) provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-873.00M | USD | 1 Quarter |
| Net cash (used) provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$5.29B | USD | 1 Quarter |
| Net cash used by discontinued operations |
NetCashProvidedByUsedInDiscontinuedOperations
|
$-14.00M | USD | 1 Quarter |
| Net cash used by discontinued operations |
NetCashProvidedByUsedInDiscontinuedOperations
|
$-12.00M | USD | 1 Quarter |
| Net (decrease) increase in cash and equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-1.01B | USD | 1 Quarter |
| Net (decrease) increase 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
|
$2.82B | USD | Point-in-time |
| Cash and equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.81B | USD | Point-in-time |
| Cash and equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$5.33B | 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
|
$2.82B | USD | Point-in-time |
| Cash and equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.81B | USD | Point-in-time |
| Cash and equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$5.33B | USD | Point-in-time |
| Income tax payments, net |
IncomeTaxesPaidNet
|
$-43.00M | USD | 1 Quarter |
| Income tax payments, net |
IncomeTaxesPaidNet
|
$-33.00M | USD | 1 Quarter |
| Interest payments |
InterestPaidNet
|
$66.00M | USD | 1 Quarter |
| Interest payments |
InterestPaidNet
|
$107.00M | USD | 1 Quarter |
Stockholders Equity
18 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquity
|
$13.98B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$13.61B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$15.34B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$15.66B | USD | Point-in-time |
| Net earnings |
NetIncomeLoss
|
$708.00M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$706.00M | USD | 1 Quarter |
| Cash dividends declared |
DividendsCash
|
$319.00M | USD | 1 Quarter |
| Cash dividends declared |
DividendsCash
|
$337.00M | USD | 1 Quarter |
| Equity-based awards |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$26.00M | USD | 1 Quarter |
| Equity-based awards |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$80.00M | USD | 1 Quarter |
| Shares purchased |
TreasuryStockValueAcquiredCostMethod
|
$744.00M | USD | 1 Quarter |
| Shares purchased |
TreasuryStockValueAcquiredCostMethod
|
$501.00M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-28.00M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-244.00M | USD | 1 Quarter |
| Ending balance |
StockholdersEquity
|
$13.98B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$13.61B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$15.34B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$15.66B | USD | Point-in-time |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$708.00M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$706.00M | USD | 1 Quarter |
| Losses on cash flow hedges |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
$-99.00M | USD | 1 Quarter |
| Losses on cash flow hedges |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
$-91.00M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
$-238.00M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
$-38.00M | USD | 1 Quarter |
| Change in retirement plans funded status |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
$-101.00M | USD | 1 Quarter |
| Change in retirement plans funded status |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
$-87.00M | USD | 1 Quarter |
| Other comprehensive loss, pretax |
OtherComprehensiveIncomeLossBeforeTax
|
$-28.00M | USD | 1 Quarter |
| Other comprehensive loss, pretax |
OtherComprehensiveIncomeLossBeforeTax
|
$-250.00M | USD | 1 Quarter |
| Benefit for income tax, net |
OtherComprehensiveIncomeLossTax
|
$-6.00M | USD | 1 Quarter |
| Benefit for income tax, net |
OtherComprehensiveIncomeLossTax
|
- | USD | 1 Quarter |
| Other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-28.00M | USD | 1 Quarter |
| Other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-244.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$680.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$462.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.