Among others, yes. Nearly $100 billion in revenue last year. From your snark I guess we’re not supposed to count a manufacturer with revenue equaling the GDP of a small country because they’ve had some quality issues?
The fact that leadership is focused on extracting profits out of the enterprise is also not a show of strength. It's a demonstration that they're trying to drain whatever value is left in it.
This is pretty much true of any of the American "greats:" Boeing, Intel, GE, GM, Corning. They're producing (or have recently been producing) great profits because they're eating their own seed corn. Nobody expects them to still be the businesses they currently are in another few decades.