Changes in Contract Estimates at Completion (Tables)

3 Months Ended

Mar. 31, 2023

Accounting Policies [Abstract]

Schedule of Change in Accounting Estimate

Net EAC adjustments had the following impact on our operating results:

	Quarter Ended March 31,
(dollars in millions, except per share amounts)	2023		2022
Total net sales	$	(40)	$	97
Operating profit	(124)		36
Income from continuing operations attributable to common shareowners(1)	(98)		28
Diluted earnings per share from continuing operations attributable to common shareowners (1)	$	(0.07)	$	0.02

(1)     Amounts reflect a U.S. statutory tax rate of 21%, which approximates our tax rate on our EAC adjustments.