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Segment Information (Tables)
6 Months Ended
Jun. 30, 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 June 30,

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Total direct costs

 

$

(1,838

)

 

$

(1,773

)

 

$

(3,572

)

 

$

(3,578

)

Total production overhead costs

 

 

(375

)

 

 

(357

)

 

 

(740

)

 

 

(725

)

Cost of sales

 

$

(2,213

)

 

$

(2,130

)

 

$

(4,312

)

 

$

(4,303

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Research, development and engineering expenses (gross)

 

$

(155

)

 

$

(160

)

 

$

(302

)

 

$

(317

)

Reimbursements from customer funded engineering projects

 

 

48

 

 

 

44

 

 

 

100

 

 

 

88

 

Research, development and engineering expenses, net

 

$

(107

)

 

$

(116

)

 

$

(202

)

 

$

(229

)

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 June 30,

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Expenditures for long-lived assets

 

$

(115

)

 

$

(154

)

 

$

(217

)

 

$

(294

)

Total assets

 

 

8,476

 

 

 

8,010

 

 

 

8,476

 

 

 

8,010