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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 483 $ 969
Receivables, net 1,893 1,699
Inventories, net 924 777
Prepaid expenses and accrued income 218 164
Other current assets 69 65
Total current assets 3,587 3,675
Property, plant and equipment, net 1,795 1,855
Operating lease right-of-use assets 116 132
Goodwill 1,364 1,387
Intangible assets, net 5 8
Other non-current assets 467 481
Total assets 7,334 7,537
Liabilities and equity    
Short-term debt [1] 692 346
Accounts payable 1,503 1,144
Accrued expenses 965 996
Operating lease liabilities - current 35 38
Other current liabilities 263 297
Total current liabilities 3,458 2,821
Long-term debt [1] 1,037 1,662
Pension liability 149 197
Operating lease liabilities - non-current 81 94
Other non-current liabilities 118 115
Total non-current liabilities 1,385 2,067
Common stock 102 103
Additional paid-in capital 1,315 1,329
Retained earnings 2,797 2,742
Accumulated other comprehensive loss (610) (408)
Treasury stock (1,125) (1,133)
Total controlling interest's equity 2,478 2,633
Non-controlling interest 13 15
Total equity 2,491 2,648
Total liabilities and equity $ 7,334 $ 7,537
[1] Debt as reported in balance sheet.