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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Statement of Financial Position [Abstract]    
Cash and Cash Equivalents, at Carrying Value $ 10 $ 11
Trade (net of allowance for doubtful receivables 2020: $-; 2019: $-) 50 49
Related companies 1,067 1,394
Other 26 29
Income taxes receivable 211 306
Notes receivable from related companies 1,018 988
Inventories 287 250
Other current assets 27 41
Total current assets 2,696 3,068
Investments in related companies 237 237
Other investments 22 22
Noncurrent receivables 85 83
Noncurrent receivables from related companies 69 68
Total investments 413 410
Property 7,234 7,168
Less accumulated depreciation 6,061 5,960
Net property 1,173 1,208
Intangible assets (net of accumulated amortization 2020: $92; 2019: $90) 9 13
Operating lease right-of-use assets 110 122
Deferred Tax Assets, Deferred Income 263 288
Deferred charges and other assets 39 47
Total other assets 421 470
Total Assets 4,703 5,156
Notes payable - related companies 26 30
Long-term debt due within one year 132 3
Trade 332 362
Related companies 557 622
Other 20 27
Operating lease liabilities - current 21 20
Income taxes payable 42 25
Asbestos-related liabilities - current 90 85
Accrued and other current liabilities 158 171
Total current liabilities 1,378 1,345
Long-Term Debt 262 392
Pension and other postretirement benefits - noncurrent 418 491
Asbestos-related liabilities - noncurrent 868 931
Operating lease liabilities - noncurrent 91 103
Other noncurrent obligations 258 230
Liabilities, Other than Long-term Debt, Noncurrent 1,635 1,755
Common stock (authorized: 1,000 shares of $0.01 par value each; issued: 935.51 shares) 0 0
Additional paid-in capital 141 141
Retained earnings 2,781 3,074
Accumulated other comprehensive loss (1,494) (1,551)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1,428 1,664
Total Liabilities and Equity $ 4,703 $ 5,156