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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Operating activities    
Net earnings $ 96 $ 38
Adjustments to reconcile net earnings to net cash used in operating activities:    
Depreciation and amortization 44 40
Deferred income taxes 33 8
Other (1) (9)
Changes in assets and liabilities:    
Accounts receivable 6 (37)
Contract assets (116) (59)
Inventories 32 (32)
Prepaid expenses 8 (11)
Other current assets 15 2
Other noncurrent assets 19 1
Defined benefit obligations (12) (2)
Other current liabilities (7) (1)
Other noncurrent liabilities (18) 14
Accounts payable (193) (176)
Contract liabilities (17) (6)
Net cash used in operating activities (111) (230)
Investing activities    
Capital expenditures (42) (37)
Business acquisitions, net of cash acquired (14) 0
Proceeds from sales of assets 0 2
Repayments received (net of advances) on related party note receivable 115 100
Investment in unconsolidated affiliate (1) (3)
Net cash provided by investing activities 58 62
Financing activities    
Net decrease in third party borrowings (maturities of 90 days or less) (4) (6)
Repayment of related party debt (725) (737)
Borrowings from related parties 800 924
Other (1) 0
Net cash provided by financing activities 70 181
Effect of exchange rate changes on cash and cash equivalents 0 (1)
Net change in cash and cash equivalents 17 12
Cash and cash equivalents at beginning of year 61 86
Cash and cash equivalents at end of period $ 78 $ 98