Changes in Contract Estimates at Completion (Tables)

3 Months Ended

Mar. 31, 2024

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)	2024		2023
Total net sales	$	(18)	$	(40)
Operating profit	(162)		(124)
Income attributable to common shareowners (1)	(128)		(98)
Diluted earnings per share attributable to common shareowners (1)	$	(0.10)	$	(0.07)

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