Consolidated Statement of Cash Flows (Unaudited) - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2023	Jun. 30, 2022
Cash flows from operating activities:
Net earnings		$ 68	$ 17
Adjustments to reconcile to net cash provided by (used in) operating activities:
Depreciation and amortization		16	14
Pension income		(72)	(49)
Change in fair value of the Preferred Stock and Convertible Notes embedded derivatives	[1]	2	(1)
Non-cash changes in workers' compensation and employee benefit reserves		0	(8)
Stock based compensation		5	3
Gain on sale of assets		(1)	0
Increase (decrease) in deferred taxes		1	(2)
Decrease (increase) in trade receivables		17	(26)
Decrease in miscellaneous receivables		7	2
Increase in inventories		(11)	(54)
(Decrease) increase in trade payables		(7)	17
Decrease in liabilities excluding borrowings and trade payables		(9)	(17)
Other items, net		5	1
Total adjustments		(47)	(120)
Net cash provided by (used in) operating activities		21	(103)
Cash flows from investing activities:
Additions to properties		(11)	(9)
Net cash used in investing activities		(11)	(9)
Cash flows from financing activities:
Net proceeds from Term Loan Credit Agreement		0	49
Preferred stock cash dividend payments		(2)	(2)
Net cash (used in) provided by financing activities		(2)	47
Effect of exchange rate changes on cash, cash equivalents and restricted cash		(2)	(5)
Net increase (decrease) in cash, cash equivalents and restricted cash		6	(70)
Cash, cash equivalents and restricted cash, beginning of period		286	423
Cash, cash equivalents and restricted cash, end of period	[2]	$ 292	$ 353

[1] Refer to Note 19, "Financial Instruments".

[2] Refer to Note 2, “Cash, Cash Equivalents and Restricted Cash” for the components of cash, cash equivalents and restricted cash.