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Segment Information (Tables)
3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Schedule of Total Revenues and Intersegment Revenues by Segment
Total revenues and intersegment revenues by segment for the periods ended March 31, 2021 and, March 31, 2020 consists of the following:
Three Months Ended March 31,
(Dollars in millions)20212020
AST$219 $183 
NC&C264 217 
IMS201 190 
Corporate & Eliminations(3)(7)
Total revenue$681 $583 
(Dollars in millions)20212020
AST$$
NC&C
IMS— — 
Total intersegment revenue$$
Schedule of Depreciation, Assets by Segment and EBITDA Reconciliation to Net Earnings
Depreciation by segment as of March 31, 2021 and March 31, 2020 consists of the following:
Three Months Ended March 31,
(Dollars in millions)20212020
AST$$
NC&C3
IMS3
Total depreciation$12 $11 
Total assets by segment as of March 31, 2021 and December 31, 2020 consist of the following:
(Dollars in millions)March 31, 2021December 31, 2020
AST$908 $862 
NC&C719 691 
IMS1,015 963 
Corporate & Eliminations272 440 
Total assets$2,914 $2,956 
Reconciliation of reportable segment Adjusted EBITDA to Net Earnings (loss) consists of the following:
(Dollars in millions)March 31, 2021March 31, 2020
Adjusted EBITDA
AST$28 $17 
NC&C26 19 
IMS18 15 
Corporate & Eliminations(1)(1)
Total Adjusted EBITDA71 50 
Amortization of intangibles(2)(2)
Depreciation(12)(11)
Restructuring costs— (2)
Interest expense(9)(15)
Transaction costs related to an anticipated offering of securities(4)— 
Acquisition and divestiture related expenses
Foreign exchange— (5)
COVID-19 response costs(3)— 
Non-service pension expense— (2)
Other one-time non-operational events— 
Income tax (provision) benefit(12)(3)
Net earnings (loss)$29 $10