Item 6. Selected Financial Data

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Item 6. Selected Financial Data

Five-Year Summary (Unaudited)

(Dollars in millions, except per share data)	2019			2018		2017		2016			2015		(2)
Revenues		$76,559			$101,127		$94,005		$93,496			$96,114
Net (loss)/earnings		($636	)		$10,460		$8,458		$5,034			$5,176

Basic (loss)/earnings per share		($1.12	)		$18.05		$14.03		$7.92			$7.52
Diluted (loss)/earnings per share	(1.12		)	17.85		13.85		7.83			7.44
Dividends declared per share(1)	8.22			7.19		5.97		4.69			3.82

Cash and cash equivalents		$9,485			$7,637		$8,813		$8,801			$11,302
Short-term and other investments	545			927		1,179		1,228			750
Total assets	133,625			117,359		112,362		109,076			94,408
Total debt	27,302			13,847		11,117		9,952			9,964

Operating cash flow		($2,446	)		$15,322		$13,346		$10,496			$9,363

Total backlog		$463,403			$490,481		$474,640		$473,492	(2)		$489,299

Year-end workforce	161,100			153,000		140,800		150,500			161,400

(1) Cash dividends have been paid on common stock every year since 1942.

(2) Amounts prior to 2016, along with 2016 Backlog, do not reflect impact of the adoption of ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606); ASU No. 2017-07, Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost; ASU 2016-18 Statement of Cash Flows (Topic 230) Restricted Cash; in the first quarter of 2018.

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