Analyze the Balance Sheet by examining the assets, liabilities, and equity trends over time. Identify any significant changes in the components and explain their potential impact on the business. Discuss any challenges or limitations in interpreting the statement. CONSOLIDATED BALANCE SHEET December 31 (Dollars in millions) 2023 2022 ASSETS Current assets: Cash and equivalents $ 1,913 $ 1,242 Accounts receivable 3,004 3,008 Unbilled receivables 7,997 8,795 Inventories 8,578 6,322 Other current assets 2,123 1,696 Total current assets 23,615 21,063 Noncurrent assets: Property, plant and equipment, net 6,198 5,900 Intangible assets, net 1,656 1,824 Goodwill 20,586 20,334 Other assets 2,755 2,464 Total noncurrent assets 31,195 30,522 Total assets $ 54,810 $ 51,585 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Short-term debt and current portion of long-term debt $ 507 $ 1,253 Accounts payable 3,095 3,398 Customer advances and deposits 9,564 7,436 Other current liabilities 3,266 3,254 Total current liabilities 16,432 15,341 Noncurrent liabilities: Long-term debt 8,754 9,243 Other liabilities 8,325 8,433 Commitments and contingencies (see Note M) Total noncurrent liabilities 17,079 17,676 Shareholders' equity: Common stock 482 482 Surplus 3,760 3,556 Retained earnings 39,270 37,403 Treasury stock (21,054) (20,721) Accumulated