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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 903 $ 1,178
Receivables, net 1,575 1,822
Inventories, net 922 798
Prepaid expenses and accrued income 242 164
Other current assets 68 307
Total current assets 3,710 4,269
Property, plant and equipment, net 1,813 1,869
Operating lease right-of-use assets 123 141
Goodwill 1,389 1,398
Intangible assets, net 9 14
Other non-current assets 467 466
Total assets 7,511 8,157
Liabilities and equity    
Short-term debt [1] 364 302
Accounts payable 1,076 1,254
Accrued expenses 1,096 1,270
Operating lease liabilities - current 38 37
Other current liabilities 237 284
Total current liabilities 2,811 3,147
Long-term debt [1] 1,687 2,110
Pension liability 231 248
Operating lease liabilities - non-current 85 103
Other non-current liabilities 125 126
Total non-current liabilities 2,127 2,587
Common stock 103 103
Additional paid-in capital 1,329 1,329
Retained earnings 2,683 2,471
Accumulated other comprehensive loss (421) (347)
Treasury stock (1,135) (1,147)
Total controlling interest's equity 2,558 2,409
Non-controlling interest 15 14
Total equity 2,573 2,423
Total liabilities and equity $ 7,511 $ 8,157
[1] Debt as reported in balance sheet.