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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 309 $ 598
Accounts receivable, net 327 253
Contract assets 1,054 872
Inventories 404 358
Prepaid expenses 32 27
Other current assets 40 55
Total current assets 2,166 2,163
Noncurrent assets:    
Property, plant and equipment, net 477 440
Intangible assets, net 114 132
Goodwill 1,238 1,238
Deferred tax assets 118 120
Other noncurrent assets 132 91
Total noncurrent assets 2,079 2,021
Total assets 4,245 4,184
Current liabilities:    
Short-term borrowings and current portion of long-term debt 24 25
Accounts payable 342 426
Contract liabilities 440 399
Other current liabilities 276 266
Total current liabilities 1,082 1,116
Noncurrent liabilities:    
Long-term debt 326 340
Pension and other postretirement benefit plan liabilities 28 34
Deferred tax liabilities 5 7
Other noncurrent liabilities 156 130
Total noncurrent liabilities 515 511
Commitments and contingencies (Note 13)
Stockholders' equity:    
Preferred stock, $0.01 par value: 10,000,000 shares authorized; none issued 0 0
Common stock, $0.01 par value: 350,000,000 shares authorized; 266,098,028 and 265,064,755 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively 3 3
Additional paid-in capital 5,105 5,194
Accumulated deficit (2,417) (2,593)
Accumulated other comprehensive loss (43) (47)
Total stockholders' equity 2,648 2,557
Total liabilities and stockholders' equity $ 4,245 $ 4,184