Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 1,080	$ 1,230
Receivables, net	1,902	1,819
Inventories, net	1,929	1,932
Contract assets	655	577
Prepaid and other current assets	215	212
Total current assets	5,781	5,770
Property, plant and equipment, net	1,990	1,922
Lease right-of-use assets, operating	346	353
Lease right-of-use assets, financing	195	196
Deferred income taxes	415	413
Goodwill	1,623	1,630
Intangibles, net	496	508
Investment in unconsolidated affiliates	178	163
Other assets	339	406
Total assets	11,363	11,361
Current liabilities:
Accounts payable	823	837
Accrued liabilities	742	861
Contract liabilities	513	492
Current portion of lease liabilities	103	102
Current portion of long-term debt	38	37
Accrued income taxes	20	18
Total current liabilities	2,239	2,347
Long-term debt	1,690	1,703
Lease liabilities	540	544
Deferred income taxes	71	56
Other liabilities	265	283
Total liabilities	4,805	4,933
Commitments and contingencies
Stockholders’ equity:
Common stock - par value $.01; 1 billion shares authorized; 372,736,059 and 381,549,541 shares issued and outstanding at June 30, 2025 and December 31, 2024	4	4
Additional paid-in capital	8,493	8,625
Accumulated other comprehensive loss	(1,411)	(1,625)
Retained deficit	(582)	(628)
Total Company stockholders' equity	6,504	6,376
Noncontrolling interests	54	52
Total stockholders’ equity	6,558	6,428
Total liabilities and stockholders’ equity	$ 11,363	$ 11,361