v3.25.3

Condensed Consolidated Balance Sheet - USD ($) $ in Millions	Sep. 30, 2025	Dec. 31, 2024
Current Assets
Cash and cash equivalents	$ 5,966	$ 5,578
Accounts receivable, net	12,837	10,976
Contract assets, net	16,604	14,570
Inventory, net	13,806	12,768
Other assets, current	7,905	7,241
Total current assets	57,118	51,133
Customer financing assets	2,071	2,246
Fixed assets	34,370	32,783
Accumulated depreciation	(18,045)	(16,694)
Fixed assets, net	16,325	16,089
Operating lease right-of-use assets	1,899	1,864
Goodwill	53,311	52,789
Intangible assets, net	32,260	33,443
Other assets	5,688	5,297
Total assets	168,672	162,861
Current Liabilities
Short-term borrowings	215	183
Accounts payable	14,552	12,897
Accrued employee compensation	2,937	2,620
Other accrued liabilities	14,835	14,831
Contract liabilities	20,111	18,616
Long-term debt currently due	584	2,352
Total current liabilities	53,234	51,499
Long-term debt	38,260	38,726
Operating lease liabilities, non-current	1,650	1,632
Future pension and postretirement benefit obligations	1,981	2,104
Other long-term liabilities	7,154	6,942
Total liabilities	102,279	100,903
Commitments and contingencies (Note 16)
Redeemable noncontrolling interest	34	35
Shareowners’ Equity:
Common stock	37,869	37,434
Treasury stock	(26,937)	(27,112)
Retained earnings	56,014	53,589
Accumulated other comprehensive loss	(2,432)	(3,755)
Total shareowners' equity	64,514	60,156
Noncontrolling interest	1,845	1,767
Total equity	66,359	61,923
Total liabilities, redeemable noncontrolling interest, and equity	$ 168,672	$ 162,861

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

RTX Corp 10-Q