CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions		Jun. 30, 2023	Dec. 31, 2022
Assets
Cash and cash equivalents		$ 475	$ 594
Receivables, net		2,189	1,907
Inventories, net		947	969
Prepaid expenses and accrued income		166	160
Other current assets		120	84
Total current assets		3,898	3,714
Property, plant and equipment, net		2,047	1,960
Operating lease right-of-use assets		149	160
Goodwill		1,375	1,375
Intangible assets, net		6	7
Other non-current assets		484	502
Total assets		7,959	7,717
Liabilities and equity
Short-term debt	[1]	481	711
Accounts payable		1,844	1,693
Accrued expenses		1,122	915
Operating lease liabilities - current		35	39
Other current liabilities		274	283
Total current liabilities		3,756	3,642
Long-term debt	[1]	1,290	1,054
Pension liability		152	154
Operating lease liabilities - non-current		113	119
Other non-current liabilities		91	121
Total non-current liabilities		1,645	1,450
Common stock		90	91
Additional paid-in capital		1,096	1,113
Retained earnings		2,260	2,310
Accumulated other comprehensive loss		(527)	(522)
Treasury stock		(374)	(379)
Total controlling interest's equity		2,545	2,613
Non-controlling interest		13	13
Total equity		2,557	2,626
Total liabilities and equity		$ 7,959	$ 7,717

[1] Debt as reported in balance sheet.