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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 255 $ 298
Accounts receivable, net of allowance of $13 and $9 386 380
Contract assets, net of allowance of $2 and $1 237 182
Other current assets 117 61
Total current assets 995 921
Property, plant and equipment, net of accumulated depreciation of $869 and $772 663 631
Goodwill 655 633
Intangible assets, net of accumulated amortization of $253 and $239 52 58
Operating lease right-of-use assets 184 186
Deferred income taxes 99 108
Capitalized software, net of accumulated amortization of $475 and $427 111 127
Other assets 139 136
Total Assets 2,898 2,800
Current liabilities:    
Current portion of long-term debt 0 50
Accounts payable 151 182
Accrued compensation and benefits 254 254
Operating lease liabilities - current 42 38
Contract liabilities 255 162
Other current liabilities 47 54
Total current liabilities 749 740
Long-term debt 544 692
Pension and postretirement benefit plans 146 196
Operating lease liabilities 150 155
Other liabilities 89 86
Total Liabilities 1,678 1,869
Commitments and contingencies (Note 15)
Stockholders’ equity:    
Additional paid-in capital 866 821
Retained earnings 429 250
Accumulated other comprehensive loss (102) (167)
Total stockholders’ equity before non-controlling interests 1,193 904
Non-controlling interests 27 27
Total Stockholders’ Equity 1,220 931
Total Liabilities and Stockholders’ Equity 2,898 2,800
Common Class A    
Stockholders’ equity:    
Common stock 0 0
Common Class B    
Stockholders’ equity:    
Common stock $ 0 $ 0