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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 63 $ 240
Accounts receivable, net 170 156
Contract assets 913 743
Inventories 246 205
Other current assets 39 45
Total current assets 1,431 1,389
Noncurrent assets:    
Property, plant and equipment, net 362 364
Intangible assets, net 45 52
Goodwill 952 1,071
Deferred tax assets, net 49 56
Other noncurrent assets 92 137
Total noncurrent assets 1,500 1,680
Total assets 2,931 3,069
Current liabilities:    
Short-term borrowings and current portion of long-term debt 67 41
Accounts payable 285 479
Contract liabilities 195 174
Other current liabilities 365 295
Total current liabilities 912 989
Noncurrent liabilities:    
Long-term debt 350 352
Pension and other postretirement benefit plan liabilities 56 61
Other noncurrent liabilities 75 74
Total noncurrent liabilities 481 487
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 (3,039) (2,983)
Accumulated other comprehensive loss (57) (58)
Total shareholder's equity 1,538 1,593
Total liabilities and shareholder's equity $ 2,931 $ 3,069