XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 644 $ 758
Restricted cash 1 0
Receivables, net 282 292
Inventories, net 138 134
Related party receivables 7 9
Prepaid expenses and other contract assets 36 36
Other current assets 13 15
Total current assets 1,121 1,244
Property, plant and equipment, net 408 431
Operating lease right-of-use assets 84 89
Equity method investment 17 153
Goodwill 317 317
Intangible assets, net 19 21
Deferred tax assets 5 6
Other non-current assets 18 27
Total assets 1,989 2,288
Liabilities and equity    
Accounts payable 258 257
Related party payables 1 2
Accrued expenses 208 232
Income tax payable 4 25
Related party short-term debt 0 16
Other current liabilities 56 55
Total current liabilities 527 587
4.00% Convertible Senior Notes due 2024 172 170
Related party long-term debt 0 115
Pension liability 20 20
Deferred tax liabilities 12 12
Operating lease non-current liabilities 68 71
Finance lease non-current liabilities 47 46
Other non-current liabilities 21 28
Total non-current liabilities 340 462
Equity    
Common stock (par value $1.00, 325 million shares authorized, 111 million shares issued and outstanding as of March 31, 2021 and December 31, 2020) 111 111
Additional paid-in capital 2,352 2,349
Accumulated deficit (1,330) (1,226)
Accumulated other comprehensive income/ (loss) (11) 5
Total equity 1,122 1,239
Total liabilities and equity $ 1,989 $ 2,288