XML 46 R35.htm IDEA: XBRL DOCUMENT v3.22.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2022
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, 2022 and, March 31, 2021 consists of the following:
Three Months Ended March 31,
(Dollars in millions)20222021
ASC$396 $483 
IMS218 201 
Corporate & Eliminations(2)(3)
Total revenue$612 $681 
(Dollars in millions)20222021
ASC$$
IMS— — 
Total intersegment revenue$$
Schedule of Depreciation, Assets by Segment and EBITDA Reconciliation to Net Earnings
Depreciation by segment as of March 31, 2022 and March 31, 2021 consists of the following:
Three Months Ended March 31,
(Dollars in millions)20222021
ASC$$
IMS4
Total depreciation$13 $12 
Total assets by segment as of March 31, 2022 and December 31, 2021 consist of the following:
(Dollars in millions)March 31, 2022December 31, 2021
ASC$1,456 $1,545 
IMS1,143 1,145 
Corporate & Eliminations257 379 
Held for Sale$177 $— 
Total assets$3,033 $3,069 
Reconciliation of reportable segment Adjusted EBITDA to Net Earnings (loss) consists of the following:
(Dollars in millions)March 31, 2022March 31, 2021
Adjusted EBITDA
ASC$32 $54 
IMS41 18 
Corporate & Eliminations— (1)
Total Adjusted EBITDA73 71 
Amortization of intangibles(2)(2)
Depreciation(13)(12)
Restructuring costs— — 
Interest expense(8)(9)
Deal related transaction costs(2)(4)
Acquisition and divestiture related expenses— — 
Foreign exchange— — 
COVID-19 response costs— (3)
Non-service pension expense— — 
Other one-time non-operational events— — 
Income tax (provision) benefit(12)(12)
Net earnings$36 $29