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Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Total revenues $ 627 $ 658 $ 1,239 $ 1,339
Cost of revenues:        
Total cost of revenues (500) (531) (978) (1,076)
Gross profit 127 127 261 263
General and administrative expenses (84) (73) (160) (152)
Amortization of intangibles (2) (2) (4) (4)
Other operating expenses, net 1 (1) 1 (5)
Operating earnings 42 51 98 102
Interest expense (10) (9) (18) (18)
Other, net 0 1 0 0
Earnings before taxes 32 43 80 84
Income tax provision 7 11 19 23
Net earnings $ 25 $ 32 $ 61 $ 61
Net earnings per share from common stock:        
Basic earnings per share (in dollars per share) $ 0.17 $ 0.22 $ 0.42 $ 0.42
Diluted earnings per share (in dollars per share) $ 0.17 $ 0.22 $ 0.42 $ 0.42
Products        
Revenues:        
Total revenues $ 549 $ 562 $ 1,090 $ 1,132
Cost of revenues:        
Total cost of revenues (445) (470) (867) (930)
Services        
Revenues:        
Total revenues 78 96 149 207
Cost of revenues:        
Total cost of revenues $ (55) $ (61) $ (111) $ (146)