Changes in Contract Estimates at Completion (Tables)

9 Months Ended

Sep. 30, 2022

Accounting Policies [Abstract]

Schedule of Change in Accounting Estimate

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

	Quarter Ended September 30,				Nine Months Ended September 30,
(dollars in millions, except per share amounts)	2022		2021		2022		2021
Total net sales	$	72	$	82	$	150	$	207
Operating profit	7		25		2		64
Income from continuing operations attributable to common shareowners(1)	6		20		2		51
Diluted earnings per share from continuing operations attributable to common shareholders (1)	$	—	$	0.01	$	—	$	0.03

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