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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating activities      
Net earnings $ 405 $ 154 $ 85
Adjustments to reconcile net earnings (loss) to net cash from operating activities:      
Depreciation and amortization 65 58 53
Deferred income taxes (6) 31 30
Gain on sale of dispositions (354) 0 0
Other 5 0 3
Changes in assets and liabilities:      
Accounts receivable (1) (54) (35)
Contract assets (134) (71) 65
Inventories (33) 42 (38)
Prepaid expenses (1) 10 (14)
Other current assets 3 12 3
Other noncurrent assets 24 19 22
Defined benefit obligations (4) (13) (9)
Other current liabilities 14 28 30
Other noncurrent liabilities (8) (36) (14)
Accounts payable (14) 1 (58)
Contract liabilities 72 (3) 2
Net cash provided by operating activities 33 178 125
Investing activities      
Capital expenditures (65) (60) (56)
Business acquisitions, net of cash acquired 19 (14) 0
Proceeds from sales of assets 0 0 5
Proceeds from sales of businesses 482 0 0
Net repayments received (advances) on related party note receivable 0 115 (15)
Cost method investment 0 (2) (4)
Net cash provided by (used in) investing activities 436 39 (70)
Financing activities      
Net (decrease) increase in third party borrowings (maturities of 90 days or less) (8) (18) (11)
Borrowings of third party debt 223 0 0
Repayment of related party debt (992) (950) (1,170)
Borrowings from related parties 775 930 1,105
Dividend to US Holding (396) 0 0
Dividend from investment 3 0 0
Other (8) 0 (4)
Net cash used in financing activities (403) (38) (80)
Effect of exchange rate changes on cash and cash equivalents 0 0 1
Net increase (decrease) in cash and cash equivalents 66 179 (24)
Cash and cash equivalents at beginning of year 240 61 85
Cash and cash equivalents at end of period 306 240 61
Supplemental disclosure of non-cash investing and financing activities      
Forgiveness of related party debt 0 0 300
Additions of property plant and equipment and long-term debt for a build-to-suit lease $ 0 $ 0 $ 49