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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 240 $ 61
Accounts receivable, net 156 102
Contract assets 743 672
Inventories 205 247
Related party note receivable 0 115
Prepaid expenses 23 33
Other current assets 22 33
Total current assets 1,389 1,263
Noncurrent assets:    
Property plant and equipment, net 364 355
Intangible assets, net 52 60
Goodwill 1,071 1,057
Deferred tax assets 56 87
Other noncurrent assets 137 134
Total noncurrent assets 1,680 1,693
Total assets 3,069 2,956
Current liabilities:    
Short-term borrowings and current portion of long-term debt 41 53
Accounts payable 479 478
Contract liabilities 174 177
Other current liabilities 295 267
Total current liabilities 989 975
Noncurrent liabilities:    
Long-term debt 352 374
Pension and other postretirement benefit plan liabilities 61 88
Other noncurrent liabilities 74 92
Total noncurrent liabilities 487 554
Shareholder's equity:    
Preferred Stock,$0.01 par value: 10,000,000 shares authorized; none issued 0 0
Common stock, $0.01 par value: 300,000,000 shares authorized; 145,000,000 shares issued and outstanding 1 1
Additional paid-in capital 4,633 4,633
Accumulated deficit (2,983) (3,137)
Accumulated other comprehensive loss (58) (70)
Total shareholder's equity 1,593 1,427
Total liabilities and shareholder's equity $ 3,069 $ 2,956