v3.25.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating Activities      
Net earnings (loss) $ 550 $ 681 $ 579
Adjustments to reconcile to net cash provided by (used in) operating activities      
Depreciation 217 219 218
Amortization of purchased intangibles 109 128 140
Other non-cash transactions, net 10 29 15
Stock-based compensation 23 34 36
Deferred income taxes (122) (113) 2
Marketable Security, Gain (Loss) 22 23 (25)
Change in      
Accounts receivable 256 168 (196)
Contract assets (146) (297) 70
Inventoried costs (22) (3) (22)
Prepaid expenses and other assets (33) (42) 20
Accounts payable and accruals (315) 264 6
Retiree benefits (112) (75) (127)
Net cash provided by (used in) operating activities 393 970 766
Capital expenditures      
Capital expenditure additions (367) (292) (284)
Grant proceeds for capital expenditures 14 14 12
Investment in affiliates   (24) (5)
Proceeds from equity method investment   63 6
Other investing activities, net 5 3 3
Net cash provided by (used in) investing activities (348) (236) (268)
Financing Activities      
Proceeds from issuance of long-term debt 1,000    
Repayment of long-term debt (229) (480) (400)
Proceeds from line of credit borrowings 42   24
Repayment of line of credit borrowings (42)   (24)
Debt issuance costs (17)    
Dividends paid (206) (200) (192)
Repurchases of common stock (162) (75) (52)
Employee taxes on certain share-based payment arrangements (25) (13) (14)
Other financing activities, net (5) (3)  
Net cash provided by (used in) financing activities 356 (771) (658)
Change in cash and cash equivalents 401 (37) (160)
Cash and cash equivalents, beginning of period 430 467 627
Cash and cash equivalents, end of period 831 430 467
Supplemental Cash Flow Disclosure      
Cash paid for interest 101 101 100
Non-Cash Investing and Financing Activities      
Capital expenditures accrued in accounts payable $ 23 $ 29 $ 12