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Segment Information (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Schedule of Significant segment expenses

The significant expenses that are regularly provided to the CODM are disclosed in the Consolidated Statements of Net Income as a part of the consolidated net income and are as follows.

 

Significant segment expenses / income (Dollars in millions)

 

Three Months Ended March 31,

 

 

 

2025

 

 

2024

 

Total direct costs

 

$

(1,734

)

 

$

(1,805

)

Total production overhead costs

 

 

(365

)

 

 

(367

)

Cost of sales

 

$

(2,100

)

 

$

(2,172

)

 

 

 

 

 

 

 

Research, development and engineering expenses (gross)

 

$

(147

)

 

$

(157

)

Reimbursements from customer funded engineering projects

 

 

52

 

 

 

45

 

Research, development and engineering expenses, net

 

$

(95

)

 

$

(113

)

Schedule of Segment assets and expenditures for long-lived assets The segment assets and expenditures for long-lived assets for the periods presented are as follows.

 

Segment assets and expenditures for long-lived assets (Dollars in millions)

 

Three Months Ended March 31,

 

 

 

2025

 

 

2024

 

Total assets

 

$

8,114

 

 

$

8,324

 

Expenditures for long-lived assets

 

 

(102

)

 

 

(140

)