10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000040533-23-000027 |
| Period End Date | 20230331 |
| Filing Date | 20230426 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | gd-20230402_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
|
$1.24B | USD | Point-in-time |
| Cash and equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$2.04B | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$2.94B | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$3.01B | USD | Point-in-time |
| Unbilled receivables |
UnbilledReceivablesCurrent
|
$8.79B | USD | Point-in-time |
| Unbilled receivables |
UnbilledReceivablesCurrent
|
$8.15B | USD | Point-in-time |
| Inventories |
InventoryNet
|
$6.32B | USD | Point-in-time |
| Inventories |
InventoryNet
|
$7.01B | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$1.70B | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$1.46B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$21.06B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$21.59B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$5.90B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$5.87B | USD | Point-in-time |
| Intangible assets, net |
FiniteLivedIntangibleAssetsNet
|
$1.78B | USD | Point-in-time |
| Intangible assets, net |
FiniteLivedIntangibleAssetsNet
|
$1.82B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$20.39B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$20.33B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$2.48B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$2.46B | USD | Point-in-time |
| Total noncurrent assets |
AssetsNoncurrent
|
$30.52B | USD | Point-in-time |
| Total noncurrent assets |
AssetsNoncurrent
|
$30.51B | USD | Point-in-time |
| Total assets |
Assets
|
$52.10B | USD | Point-in-time |
| Total assets |
Assets
|
$51.59B | USD | Point-in-time |
| Short-term debt and current portion of long-term debt |
DebtCurrent
|
$1.25B | USD | Point-in-time |
| Short-term debt and current portion of long-term debt |
DebtCurrent
|
$1.26B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$3.40B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$3.25B | USD | Point-in-time |
| Customer advances and deposits |
ContractWithCustomerLiabilityCurrent
|
$7.44B | USD | Point-in-time |
| Customer advances and deposits |
ContractWithCustomerLiabilityCurrent
|
$7.72B | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$3.25B | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$3.26B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$15.34B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$15.48B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$9.24B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$9.24B | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$8.28B | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$8.43B | USD | Point-in-time |
| Commitments and contingencies (see Note J) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (see Note J) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Total noncurrent liabilities |
LiabilitiesNoncurrent
|
$17.52B | USD | Point-in-time |
| Total noncurrent liabilities |
LiabilitiesNoncurrent
|
$17.68B | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$482.00M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$482.00M | USD | Point-in-time |
| Surplus |
AdditionalPaidInCapital
|
$3.56B | USD | Point-in-time |
| Surplus |
AdditionalPaidInCapital
|
$3.56B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$37.77B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$37.40B | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$20.80B | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$20.72B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.93B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-2.15B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$18.57B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$18.01B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$19.09B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$17.64B | USD | Point-in-time |
| Total liabilities and shareholders equity |
LiabilitiesAndStockholdersEquity
|
$51.59B | USD | Point-in-time |
| Total liabilities and shareholders equity |
LiabilitiesAndStockholdersEquity
|
$52.10B | USD | Point-in-time |
Income Statement
22 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Total revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$9.88B | USD | 1 Quarter |
| Total revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$9.39B | USD | 1 Quarter |
| General and administrative (G&A) |
GeneralAndAdministrativeExpense
|
$586.00M | USD | 1 Quarter |
| General and administrative (G&A) |
GeneralAndAdministrativeExpense
|
$626.00M | USD | 1 Quarter |
| Operating costs and expenses, total |
CostsAndExpenses
|
$8.94B | USD | 1 Quarter |
| Operating costs and expenses, total |
CostsAndExpenses
|
$8.48B | USD | 1 Quarter |
| Operating earnings |
OperatingIncomeLoss
|
$938.00M | USD | 1 Quarter |
| Operating earnings |
OperatingIncomeLoss
|
$908.00M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$39.00M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$33.00M | USD | 1 Quarter |
| Interest, net |
InterestIncomeExpenseNet
|
$-98.00M | USD | 1 Quarter |
| Interest, net |
InterestIncomeExpenseNet
|
$-91.00M | USD | 1 Quarter |
| Earnings before income tax |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$849.00M | USD | 1 Quarter |
| Earnings before income tax |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$880.00M | USD | 1 Quarter |
| Provision for income tax, net |
IncomeTaxExpenseBenefit
|
$119.00M | USD | 1 Quarter |
| Provision for income tax, net |
IncomeTaxExpenseBenefit
|
$150.00M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$730.00M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$730.00M | USD | 1 Quarter |
| Basic (in dollars per share) |
IncomeLossFromContinuingOperationsPerBasicShare
|
$2.63 | USD | 1 Quarter |
| Basic (in dollars per share) |
IncomeLossFromContinuingOperationsPerBasicShare
|
$2.66 | USD | 1 Quarter |
| Diluted (in dollars per share) |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$2.61 | USD | 1 Quarter |
| Diluted (in dollars per share) |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$2.64 | USD | 1 Quarter |
Cash Flow Statement
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$730.00M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$730.00M | USD | 1 Quarter |
| Depreciation of property, plant and equipment |
Depreciation
|
$139.00M | USD | 1 Quarter |
| Depreciation of property, plant and equipment |
Depreciation
|
$149.00M | USD | 1 Quarter |
| Amortization of intangible and finance lease right-of-use assets |
AmortizationOfIntangibleAssetsAndFinanceLeaseRightOfUseAssets
|
$74.00M | USD | 1 Quarter |
| Amortization of intangible and finance lease right-of-use assets |
AmortizationOfIntangibleAssetsAndFinanceLeaseRightOfUseAssets
|
$77.00M | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$96.00M | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$38.00M | USD | 1 Quarter |
| Deferred income tax benefit |
DeferredIncomeTaxExpenseBenefit
|
$-91.00M | USD | 1 Quarter |
| Deferred income tax benefit |
DeferredIncomeTaxExpenseBenefit
|
$-106.00M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-72.00M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-26.00M | USD | 1 Quarter |
| Unbilled receivables |
IncreaseDecreaseInContractWithCustomerAsset
|
$-617.00M | USD | 1 Quarter |
| Unbilled receivables |
IncreaseDecreaseInContractWithCustomerAsset
|
$-653.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$234.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$628.00M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-150.00M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$23.00M | USD | 1 Quarter |
| Customer advances and deposits |
IncreaseDecreaseInContractWithCustomerLiability
|
$553.00M | USD | 1 Quarter |
| Customer advances and deposits |
IncreaseDecreaseInContractWithCustomerLiability
|
$675.00M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-59.00M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$72.00M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$1.46B | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$1.97B | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$161.00M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$141.00M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$29.00M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$6.00M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-147.00M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-190.00M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$330.00M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$345.00M | USD | 1 Quarter |
| Purchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$90.00M | USD | 1 Quarter |
| Purchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$294.00M | USD | 1 Quarter |
| Other, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-40.00M | USD | 1 Quarter |
| Other, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$107.00M | USD | 1 Quarter |
| Net cash used by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-517.00M | USD | 1 Quarter |
| Net cash used by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-475.00M | USD | 1 Quarter |
| Net cash used by discontinued operations |
NetCashProvidedByUsedInDiscontinuedOperations
|
- | USD | 1 Quarter |
| Net cash used by discontinued operations |
NetCashProvidedByUsedInDiscontinuedOperations
|
$-1.00M | USD | 1 Quarter |
| Net increase in cash and equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$1.30B | USD | 1 Quarter |
| Net increase in cash and equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$796.00M | USD | 1 Quarter |
| Cash and equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.24B | USD | Point-in-time |
| Cash and equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.60B | USD | Point-in-time |
| Cash and equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.04B | USD | Point-in-time |
| Cash and equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.91B | USD | Point-in-time |
| Cash and equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.24B | USD | Point-in-time |
| Cash and equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.60B | USD | Point-in-time |
| Cash and equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.04B | USD | Point-in-time |
| Cash and equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.91B | USD | Point-in-time |
| Income tax payments, net |
IncomeTaxesPaidNet
|
$-58.00M | USD | 1 Quarter |
| Income tax payments, net |
IncomeTaxesPaidNet
|
$-15.00M | USD | 1 Quarter |
| Interest payments |
InterestPaidNet
|
$18.00M | USD | 1 Quarter |
| Interest payments |
InterestPaidNet
|
$93.00M | USD | 1 Quarter |
Stockholders Equity
18 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquity
|
$18.57B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$18.01B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$19.09B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$17.64B | USD | Point-in-time |
| Net earnings |
NetIncomeLoss
|
$730.00M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$730.00M | USD | 1 Quarter |
| Cash dividends declared |
DividendsCash
|
$364.00M | USD | 1 Quarter |
| Cash dividends declared |
DividendsCash
|
$350.00M | USD | 1 Quarter |
| Equity-based awards |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$21.00M | USD | 1 Quarter |
| Equity-based awards |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$230.00M | USD | 1 Quarter |
| Shares purchased |
TreasuryStockValueAcquiredCostMethod
|
$292.00M | USD | 1 Quarter |
| Shares purchased |
TreasuryStockValueAcquiredCostMethod
|
$90.00M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$55.00M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$222.00M | USD | 1 Quarter |
| Ending balance |
StockholdersEquity
|
$18.57B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$18.01B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$19.09B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$17.64B | USD | Point-in-time |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$730.00M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$730.00M | USD | 1 Quarter |
| Changes in unrealized cash flow hedges |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
$-54.00M | USD | 1 Quarter |
| Changes in unrealized cash flow hedges |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
$-7.00M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
$91.00M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
$62.00M | USD | 1 Quarter |
| Changes in retirement plans funded status |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
$-42.00M | USD | 1 Quarter |
| Changes in retirement plans funded status |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
$-173.00M | USD | 1 Quarter |
| Other comprehensive income, pretax |
OtherComprehensiveIncomeLossBeforeTax
|
$50.00M | USD | 1 Quarter |
| Other comprehensive income, pretax |
OtherComprehensiveIncomeLossBeforeTax
|
$257.00M | USD | 1 Quarter |
| (Provision) benefit for income tax, net |
OtherComprehensiveIncomeLossTax
|
$35.00M | USD | 1 Quarter |
| (Provision) benefit for income tax, net |
OtherComprehensiveIncomeLossTax
|
$-5.00M | USD | 1 Quarter |
| Other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$55.00M | USD | 1 Quarter |
| Other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$222.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$785.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$952.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.