XML 23 R5.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 306 $ 240
Accounts receivable, net 166 156
Contract assets 872 743
Inventories 319 205
Prepaid expenses 20 23
Other current assets 24 22
Total current assets 1,707 1,389
Noncurrent assets:    
Property plant and equipment, net 404 364
Intangible assets, net 172 52
Goodwill 1,236 1,071
Deferred tax assets 66 56
Other noncurrent assets 92 137
Total noncurrent assets 1,970 1,680
Total assets 3,677 3,069
Current liabilities:    
Short-term borrowings and current portion of long-term debt 29 41
Accounts payable 457 479
Contract liabilities 233 174
Other current liabilities 323 295
Total current liabilities 1,042 989
Noncurrent liabilities:    
Long-term debt 365 352
Pension and other postretirement benefit plan liabilities 45 61
Other noncurrent liabilities 98 74
Total noncurrent liabilities 508 487
Commitments and contingencies (Note 18)
Shareholders' equity    
Preferred stock, $0.01 par value: 10,000,000 shares authorized; none issued 0 0
Common stock, $0.01 par value: 350,000,000 shares authorized; 260,234,033 shares issued and outstanding 3 2
Additional paid-in capital 5,147 4,632
Accumulated deficit (2,974) (2,983)
Accumulated other comprehensive loss (49) (58)
Total shareholders' equity 2,127 1,593
Total liabilities and shareholders' equity $ 3,677 $ 3,069