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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Statement of Financial Position [Abstract]    
Cash and Cash Equivalents, at Carrying Value $ 10 $ 10
Trade (net of allowance for doubtful receivables 2020: $-; 2019: $-) 25 40
Accounts Receivable from Related Companies 828 766
Other 20 24
Income taxes receivable 210 211
Notes receivable from related companies 718 958
Inventories 248 256
Other current assets 27 38
Total current assets 2,086 2,303
Investments in related companies 237 237
Other investments 16 23
Noncurrent receivables 96 91
Noncurrent receivables from related companies 55 61
Total investments 404 412
Property 7,283 7,104
Less accumulated depreciation 6,018 5,922
Net property 1,265 1,182
Intangible assets (net of accumulated amortization 2020: $92; 2019: $90) 8 9
Operating lease right-of-use assets 104 107
Deferred Tax Assets, Deferred Income 232 239
Deferred charges and other assets 41 37
Total other assets 385 392
Total Assets 4,140 4,289
Notes payable to related companies 26 51
Notes Payable - Other 2 4
Long-term debt due within one year 3 132
Trade 388 284
Accounts Payable to Related Company 426 411
Other 21 16
Operating lease liabilities - current 22 21
Income taxes payable 30 33
Asbestos-related liabilities - current 80 90
Accrued and other current liabilities 161 145
Total current liabilities 1,159 1,187
Long-Term Debt 260 262
Pension and other postretirement benefits - noncurrent 279 298
Asbestos-related liabilities - noncurrent 804 857
Operating lease liabilities - noncurrent 82 87
Other noncurrent obligations 278 254
Liabilities, Other than Long-term Debt, Noncurrent 1,443 1,496
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 2,509 2,605
Accumulated other comprehensive loss (1,372) (1,402)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1,278 1,344
Total Liabilities and Equity $ 4,140 $ 4,289