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Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Total revenues $ 634 $ 720 $ 1,873 $ 2,059
Cost of revenues:        
Total cost of revenues (504) (589) (1,482) (1,665)
Gross profit 130 131 391 394
General and administrative expenses (101) (73) (261) (225)
Amortization of intangibles (3) (3) (7) (7)
Other operating income (expenses), net 350 (2) 351 (7)
Operating earnings 376 53 474 155
Interest expense (9) (9) (27) (27)
Other, net 0 (1) 0 (1)
Earnings before taxes 367 43 447 127
Income tax provision 88 8 107 31
Net earnings $ 279 $ 35 $ 340 $ 96
Net earnings per share from common stock:        
Basic earnings per share (in dollars per share) $ 1.92 $ 0.24 $ 2.34 $ 0.66
Diluted earnings per share (in dollars per share) $ 1.92 $ 0.24 $ 2.34 $ 0.66
Products        
Revenues:        
Total revenues $ 580 $ 606 $ 1,670 $ 1,738
Cost of revenues:        
Total cost of revenues (461) (495) (1,328) (1,425)
Services        
Revenues:        
Total revenues 54 114 203 321
Cost of revenues:        
Total cost of revenues $ (43) $ (94) $ (154) $ (240)