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Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Total revenues $ 720 $ 719 $ 2,059 $ 1,952
Cost of revenues:        
Total cost of revenues (589) (597) (1,665) (1,615)
Gross profit 131 122 394 337
General and administrative expenses (73) (72) (225) (214)
Amortization of intangibles (3) (3) (7) (7)
Other operating expenses, net (2) (10) (7) (14)
Operating earnings 53 37 155 102
Interest expense (9) (17) (27) (49)
Other, net (1) (1) (1) (4)
Earnings before taxes 43 19 127 49
Income tax provision 8 4 31 11
Net earnings $ 35 $ 15 $ 96 $ 38
Net earnings per share from common stock:        
Basic earnings per share (in dollars per share) $ 0.24 $ 0.10 $ 0.66 $ 0.26
Diluted earnings per share (in dollars per share) $ 0.24 $ 0.10 $ 0.66 $ 0.26
Products        
Revenues:        
Total revenues $ 606 $ 602 $ 1,738 $ 1,663
Cost of revenues:        
Total cost of revenues (495) (514) (1,425) (1,410)
Services        
Revenues:        
Total revenues 114 117 321 289
Cost of revenues:        
Total cost of revenues $ (94) $ (83) $ (240) $ (205)