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Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Total revenues $ 628 $ 627 $ 1,197 $ 1,239
Cost of revenues:        
Total cost of revenues (483) (500) (921) (978)
Gross profit 145 127 276 261
General and administrative expenses (90) (84) (190) (160)
Amortization of intangibles (5) (2) (11) (4)
Other operating expenses, net (8) 1 (8) 1
Operating earnings 42 42 67 98
Interest expense (9) (10) (17) (18)
Other, net 0 0 (1) 0
Earnings before taxes 33 32 49 80
Income tax provision (benefit) (2) 7 2 19
Net earnings $ 35 $ 25 $ 47 $ 61
Net earnings per share from common stock:        
Basic earnings per share (in dollars per share) $ 0.14 $ 0.12 $ 0.18 $ 0.29
Diluted earnings per share (in dollars per share) $ 0.13 $ 0.12 $ 0.18 $ 0.29
Products        
Revenues:        
Total revenues $ 590 $ 549 $ 1,110 $ 1,090
Cost of revenues:        
Total cost of revenues (458) (445) (861) (867)
Services        
Revenues:        
Total revenues 38 78 87 149
Cost of revenues:        
Total cost of revenues $ (25) $ (55) $ (60) $ (111)