CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions		Jun. 30, 2021	Dec. 31, 2020
Assets
Cash and cash equivalents		$ 893	$ 1,178
Receivables, net		1,719	1,822
Inventories, net		901	798
Prepaid expenses and accrued income		230	164
Other current assets		60	307
Total current assets		3,804	4,269
Property, plant and equipment, net		1,833	1,869
Operating lease right-of-use assets		133	141
Goodwill		1,393	1,398
Intangible assets, net		11	14
Other non-current assets		462	466
Total assets		7,636	8,157
Liabilities and equity
Short-term debt	[1]	363	302
Accounts payable		1,125	1,254
Accrued expenses		1,066	1,270
Operating lease liabilities - current		39	37
Other current liabilities		260	284
Total current liabilities		2,852	3,147
Long-term debt	[1]	1,712	2,110
Pension liability		239	248
Operating lease liabilities - non-current		94	103
Other non-current liabilities		125	126
Total non-current liabilities		2,170	2,587
Common stock		103	103
Additional paid-in capital		1,329	1,329
Retained earnings		2,678	2,471
Accumulated other comprehensive loss		(372)	(347)
Treasury stock		(1,138)	(1,147)
Total controlling interest's equity		2,600	2,409
Non-controlling interest		15	14
Total equity		2,615	2,423
Total liabilities and equity		$ 7,636	$ 8,157

[1] Debt as reported in balance sheet.