CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions		Mar. 31, 2022	Dec. 31, 2021
Assets
Cash and cash equivalents		$ 938	$ 969
Receivables, net		1,824	1,699
Inventories, net		913	777
Prepaid expenses and accrued income		170	164
Other current assets		79	65
Total current assets		3,923	3,675
Property, plant and equipment, net		1,853	1,855
Operating lease right-of-use assets		126	132
Goodwill		1,384	1,387
Intangible assets, net		7	8
Other non-current assets		476	481
Total assets		7,769	7,537
Liabilities and equity
Short-term debt	[1]	347	346
Accounts payable		1,385	1,144
Accrued expenses		1,050	996
Operating lease liabilities - current		38	38
Other current liabilities		253	297
Total current liabilities		3,073	2,821
Long-term debt	[1]	1,647	1,662
Pension liability		172	197
Operating lease liabilities - non-current		87	94
Other non-current liabilities		116	115
Total non-current liabilities		2,022	2,067
Common stock		103	103
Additional paid-in capital		1,325	1,329
Retained earnings		2,755	2,742
Accumulated other comprehensive loss		(393)	(408)
Treasury stock		(1,131)	(1,133)
Total controlling interest's equity		2,659	2,633
Non-controlling interest		15	15
Total equity		2,674	2,648
Total liabilities and equity		$ 7,769	$ 7,537

[1] Debt as reported in balance sheet.