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Revenue from Contracts with Customers (Tables)
 3 Months Ended
Mar. 31, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of Change in Estimate at Completion Adjustments
EAC adjustments had the following impacts to revenue for the periods presented:
Three Months Ended March 31,
(Dollars in millions)20222021
Revenue$(1)$(1)
Total % of Revenue— %— %
Schedule of Contract Assets and Contract Liabilities
(Dollars in millions)March 31, 2022December 31, 2021
Contract assets$823 $743 
Contract liabilities172 174 
Net contract assets$651 $569 
Schedule of Remaining Performance Obligations, Expected Timing of Satisfaction
The following table summarizes the value of our total backlog as of March 31, 2022, incorporating both funded and unfunded components:
Backlog:March 31, 2022
(Dollars in millions)
Total Backlog$2,995 
Schedule of Disaggregation of Revenue We believe these categories best depict how the nature, amount, timing and uncertainty of ASC revenue and cash flows are affected by economic factors:
Three Months Ended March 31,
(Dollars in millions)20222021
Revenue by Geographical Region
United States$372 $445 
International22 35 
Intersegment Sales2 3 
Total$396 $483 
Revenue by Customer Relationship
Prime contractor$232 $277 
Subcontractor162 203 
Intersegment Sales2 3 
Total$396 $483 
Revenue by Contract Type
Firm Fixed Price
$342 $426 
Flexibly Priced(1)
52 54 
Intersegment Sales2 3 
Total$396 $483 
________________
(1)Includes revenue derived from time-and-materials contracts.
We believe these categories best depict how the nature, amount, timing and uncertainty of IMS revenue and cash flows are affected by economic factors:
Three Months Ended March 31,
(Dollars in millions)20222021
Revenue by Geographical Region
United States$212 $189 
International6 12 
Intersegment Sales— — 
Total$218 $201 
Revenue by Customer Relationship
Prime contractor$33 $44 
Subcontractor185 157 
Intersegment Sales— — 
Total$218 $201 
Revenue by Contract Type
Firm Fixed Price
$193 $170 
Flexibly Priced(1)
25 31 
Intersegment Sales— — 
Total$218 $201 
________________
(1)Includes revenue derived from time-and-materials contracts.