Make an analysis of the Consolidated Balance Sheets. What do you see? Consider the reasonableness of your answer.
Consolidated Balance Sheets (in millions, except par value) December 31, 2019 2018 $ 1,514 $ 772 2,337 2,444 9,094 9,472 3,619 2.997 531 418 17,095 16,103 6,591 6,124 10,604 10,769 3,213 3,494 3,319 3,208 6,706 5,178 47,528 $ 44,876 $ $ $ Assets Current assets Cash and cash equivalents Receivables, net Contract assets Inventories Other current assets Total current assets Property, plant and equipment, net Goodwill Intangible assets, net Deferred income taxes Other noncurrent assets Total assets Liabilities and equity Current liabilities Accounts payable Contract liabilities Salaries, benefits and payroll taxes Current maturities of long-term debt and commercial paper Other current liabilities Total current liabilities Long-term debt, net Accrued pension liabilities Other postretirement benefit liabilities Other noncurrent liabilities Total liabilities Stockholders' equity Common stock, $1 par value per share Additional paid-in capital Retained earnings Accumulated other comprehensive loss Total stockholders' equity Noncontrolling interests in subsidiary Total equity Total liabilities and equity 1,281 7,054 2,466 1,250 1,921 13,972 11,404 13,234 337 5,410 44,357 2,402 6,491 2,122 1,500 1,883 14,398 12,604 11,410 704 4,311 43,427 280 281 18,401 15,434 (15, 14,3 3,127 1,394 44 55 3,171 1,449 $ 47,528 $ 44,876 The accompanying notes are an integral part of these consolidated financial statements. Consolidated Balance Sheets (in millions, except par value) December 31, 2019 2018 $ 1,514 $ 772 2,337 2,444 9,094 9,472 3,619 2.997 531 418 17,095 16,103 6,591 6,124 10,604 10,769 3,213 3,494 3,319 3,208 6,706 5,178 47,528 $ 44,876 $ $ $ Assets Current assets Cash and cash equivalents Receivables, net Contract assets Inventories Other current assets Total current assets Property, plant and equipment, net Goodwill Intangible assets, net Deferred income taxes Other noncurrent assets Total assets Liabilities and equity Current liabilities Accounts payable Contract liabilities Salaries, benefits and payroll taxes Current maturities of long-term debt and commercial paper Other current liabilities Total current liabilities Long-term debt, net Accrued pension liabilities Other postretirement benefit liabilities Other noncurrent liabilities Total liabilities Stockholders' equity Common stock, $1 par value per share Additional paid-in capital Retained earnings Accumulated other comprehensive loss Total stockholders' equity Noncontrolling interests in subsidiary Total equity Total liabilities and equity 1,281 7,054 2,466 1,250 1,921 13,972 11,404 13,234 337 5,410 44,357 2,402 6,491 2,122 1,500 1,883 14,398 12,604 11,410 704 4,311 43,427 280 281 18,401 15,434 (15, 14,3 3,127 1,394 44 55 3,171 1,449 $ 47,528 $ 44,876 The accompanying notes are an integral part of these consolidated financial statements
