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Condensed Consolidated Statements Of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Sales and service revenues        
Sales and service revenues $ 2,027 $ 2,188 $ 4,290 $ 4,268
Cost of sales and service revenues        
Income (loss) from operating investments, net 7 5 13 9
General and administrative expenses 214 184 428 355
Operating income (loss) 57 175 272 336
Other income (expense)        
Interest expense (25) (18) (41) (34)
Non-operating retirement benefit (expense) 30 2 60 5
Other, net 3 5 (10) 6
Earnings (loss) before income taxes 65 164 281 313
Federal and foreign income taxes 12 36 56 67
Net earnings (loss) $ 53 $ 128 $ 225 $ 246
Basic earnings (loss) per share (in dollars per share) $ 1.30 $ 3.07 $ 5.54 $ 5.91
Weighted-average common shares outstanding (in shares) 40.7 41.7 40.6 41.6
Diluted earnings (loss) per share $ 1.30 $ 3.07 $ 5.54 $ 5.91
Weighted-average diluted shares outstanding (in shares) 40.7 41.7 40.6 41.6
Dividends declared per share $ 1.03 $ 0.86 $ 2.06 $ 1.72
Other comprehensive income (loss)        
Change in unamortized benefit plan costs $ 23 $ 24 $ 46 $ 49
Other 1   (1)  
Tax benefit (expense) for items of other comprehensive income (6) (6) (12) (12)
Other comprehensive income (loss), net of tax 18 18 33 37
Comprehensive income (loss) 71 146 258 283
Product [Member]        
Sales and service revenues        
Sales and service revenues 1,420 1,520 3,044 3,010
Cost of sales and service revenues        
Cost of sales and service revenues 1,253 1,250 2,543 2,508
Service [Member]        
Sales and service revenues        
Sales and service revenues 607 668 1,246 1,258
Cost of sales and service revenues        
Cost of sales and service revenues $ 510 $ 584 $ 1,060 $ 1,078