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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 552,000,000 $ 567,000,000
Restricted cash and cash equivalents 2,000,000 1,000,000
Trade accounts receivable, net 1,326,000,000 1,148,000,000
Inventories 1,239,000,000 894,000,000
Prepaid expenses and other current assets 652,000,000 447,000,000
Total current assets 3,771,000,000 3,057,000,000
Property, plant and equipment, net 2,446,000,000 2,494,000,000
Investments in unconsolidated affiliates 78,000,000 30,000,000
Goodwill 20,163,000,000 20,182,000,000
Other intangible assets, net 23,774,000,000 23,856,000,000
Other non-current assets 1,159,000,000 937,000,000
Deferred tax assets 37,000,000 42,000,000
Total assets 51,428,000,000 50,598,000,000
Current liabilities:    
Accounts payable 4,950,000,000 4,316,000,000
Accrued expenses 1,106,000,000 1,110,000,000
Structured payables 145,000,000 142,000,000
Short-term borrowings and current portion of long-term obligations 0 304,000,000
Other current liabilities 560,000,000 613,000,000
Total current liabilities 6,761,000,000 6,485,000,000
Long-term obligations 11,555,000,000 11,578,000,000
Deferred tax liabilities 6,007,000,000 5,986,000,000
Other non-current liabilities 1,714,000,000 1,577,000,000
Total liabilities 26,037,000,000 25,626,000,000
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value, 15,000,000 shares authorized, no shares issued 0 0
Common Stock, Value, Issued 14,000,000 14,000,000
Additional paid-in capital 21,701,000,000 21,785,000,000
Retained earnings 3,471,000,000 3,199,000,000
Accumulated other comprehensive income (loss) 205,000,000 (26,000,000)
Total stockholders' equity 25,391,000,000 24,972,000,000
Non-controlling interest 0 0
Total equity 25,391,000,000 24,972,000,000
Total liabilities and equity $ 51,428,000,000 $ 50,598,000,000
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01
Preferred stock authorized (in shares) 15,000,000 15,000,000
Preferred stock issued (in shares) 0 0
Common stock authorized (in shares) 2,000,000,000 2,000,000,000
Common stock, par value (in dollars per share) $ 0.01 $ 0.01