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Consolidated Balance Sheet - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets [Abstract]    
Cash and cash equivalents $ 508,000,000 $ 510,000,000
Marketable securities 19,000,000 21,000,000
Accounts receivable [Abstract]    
Trade, less allowance for doubtful accounts of $9 in 2019 and 2018 1,103,000,000 1,065,000,000
Other 202,000,000 178,000,000
Inventories 1,193,000,000 1,031,000,000
Other current assets 137,000,000 102,000,000
Total current assets 3,162,000,000 2,907,000,000
Goodwill 493,000,000 264,000,000
Intangibles 240,000,000 164,000,000
Deferred tax assets 580,000,000 445,000,000
Other noncurrent assets 120,000,000 80,000,000
Investments in affiliates 182,000,000 208,000,000
Operating lease assets 178,000,000  
Property, plant and equipment, net 2,265,000,000 1,850,000,000
Total assets 7,220,000,000 5,918,000,000
Current liabilities    
Short-term debt 14,000,000 8,000,000
Current portion of long-term debt 20,000,000 20,000,000
Accounts payable 1,255,000,000 1,217,000,000
Accrued payroll and employee benefits 206,000,000 186,000,000
Taxes on income 46,000,000 47,000,000
Current portion of operating lease liabilities 42,000,000  
Other accrued liabilities 262,000,000 269,000,000
Total current liabilities 1,845,000,000 1,747,000,000
Long-term debt, less debt issuance costs of $28 in 2019 and $18 in 2018 2,336,000,000 1,755,000,000
Noncurrent operating lease liabilities 140,000,000  
Pension and postretirement obligations 459,000,000 561,000,000
Other noncurrent liabilities 305,000,000 313,000,000
Total liabilities 5,085,000,000 4,376,000,000
Commitments and contingencies (Note 17)
Redeemable noncontrolling interests 167,000,000 100,000,000
Parent company stockholders' equity    
Preferred stock, 50,000,000 shares authorized, $0.01 par value, no shares outstanding 0 0
Common stock, 450,000,000 shares authorized, $0.01 par value, 143,942,539 and 144,663,403 shares outstanding 2,000,000 2,000,000
Additional paid-in capital 2,386,000,000 2,368,000,000
Retained earnings 622,000,000 456,000,000
Treasury stock, at cost (10,111,191 and 8,342,185 shares) (150,000,000) (119,000,000)
Accumulated other comprehensive loss (987,000,000) (1,362,000,000)
Total parent company stockholders' equity 1,873,000,000 1,345,000,000
Noncontrolling interests 95,000,000 97,000,000
Total equity 1,968,000,000 1,442,000,000
Total liabilities and equity $ 7,220,000,000 $ 5,918,000,000