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Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Total revenues $ 812 $ 703 $ 2,253 $ 1,900
Cost of revenues:        
Total cost of revenues (633) (541) (1,752) (1,462)
Gross profit 179 162 501 438
General and administrative expenses (98) (96) (306) (286)
Amortization of intangibles (6) (5) (17) (16)
Other operating expenses, net 0 (2) (5) (10)
Operating earnings 75 59 173 126
Interest expense (5) (10) (17) (27)
Other, net (1) (1) (3) (2)
Earnings before taxes 69 48 153 97
Income tax provision 12 1 29 3
Net earnings $ 57 $ 47 $ 124 $ 94
Net earnings per share from common stock:        
Basic earnings per share (in dollars per share) $ 0.22 $ 0.18 $ 0.47 $ 0.36
Diluted earnings per share (in dollars per share) $ 0.21 $ 0.18 $ 0.46 $ 0.36
Products        
Revenues:        
Total revenues $ 762 $ 651 $ 2,116 $ 1,761
Cost of revenues:        
Total cost of revenues (601) (504) (1,661) (1,365)
Services        
Revenues:        
Total revenues 50 52 137 139
Cost of revenues:        
Total cost of revenues $ (32) $ (37) $ (91) $ (97)