Changes in Contract Estimates at Completion (Tables)

3 Months Ended

Mar. 31, 2022

Accounting Policies [Abstract]

Schedule of Change in Accounting Estimate

Net EAC adjustments had the following impact on our operating results:

	Quarter Ended March 31,
(dollars in millions, except per share amounts)	2022		2021
Total Net Sales	$	97	$	52
Operating profit	36		12
Income from continuing operations attributable to common shareowners(1)	28		9
Diluted earnings per share from continuing operations attributable to common shareholders (1)	$	0.02	$	0.01

(1)     Amounts reflect a U.S. statutory tax rate of 21%, which approximates our tax rate on our EAC adjustments.