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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 312 $ 387
Receivables, net 299 198
Inventories, net 244 262
Prepaid and other current assets 19 14
Total current assets 874 861
Property, plant and equipment, net 115 98
Deferred income taxes 1 1
Goodwill 66 0
Intangibles, net 11 0
Other assets 37 48
Total assets 1,104 1,008
Current liabilities:    
Accounts payable 243 172
Accrued liabilities 105 95
Other current liabilities 27 5
Total current liabilities 375 272
Long-term operating lease liabilities 17 25
Other long-term liabilities 13 12
Total liabilities 405 309
Commitments and contingencies
Stockholders' equity:    
Preferred stock - par value $0.01; 20 million shares authorized; no shares issued and outstanding 0 0
Common stock - par value $0.01; 330 million shares authorized; 110,558,831 and 109,951,610 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively 1 1
Additional paid-in capital 2,059 2,051
Accumulated deficit (1,215) (1,208)
Accumulated other comprehensive loss (146) (145)
Total stockholders' equity 699 699
Total liabilities and stockholders' equity $ 1,104 $ 1,008