XML 17 R5.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 713 $ 594
Receivables, net 2,106 1,907
Inventories, net 986 969
Prepaid expenses and accrued income 166 160
Other current assets 90 84
Total current assets 4,061 3,714
Property, plant and equipment, net 2,045 1,960
Operating lease right-of-use assets 169 160
Goodwill 1,376 1,375
Intangible assets, net 7 7
Other non-current assets 528 502
Total assets 8,185 7,717
Liabilities and equity    
Short-term debt 577 [1] 711
Accounts payable 1,683 1,693
Accrued expenses 969 915
Operating lease liabilities - current 41 39
Other current liabilities 258 283
Total current liabilities 3,529 3,642
Long-term debt [1] 1,601 1,054
Pension liability 159 154
Operating lease liabilities - non-current 127 119
Other non-current liabilities 128 121
Total non-current liabilities 2,015 1,450
Common stock 91 91
Additional paid-in capital 1,105 1,113
Retained earnings 2,295 2,310
Accumulated other comprehensive loss (487) (522)
Treasury stock (376) (379)
Total controlling interest's equity 2,627 2,613
Non-controlling interest 14 13
Total equity 2,641 2,626
Total liabilities and equity $ 8,185 $ 7,717
[1] Debt as reported in balance sheet.