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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and Cash Equivalents $ 862 $ 958
Restricted Cash 58 105
Accounts Receivable, Net of Allowance for Credit Losses of $10 at June 30, 2024 and $16 at December 31, 2023 1,319 1,216
Inventories, Net 884 788
Other Current Assets 239 278
Total Current Assets 3,362 3,345
Property, Plant and Equipment, Net of Accumulated Depreciation of $934 at June 30, 2024 and $883 at December 31, 2023 1,007 957
Intangibles, Net of Accumulated Amortization of $718 at June 30, 2024 and $639 at December 31, 2023 384 370
Operating Lease Assets 138 138
Other Non-Current Assets 220 258
Total Assets 5,111 5,068
Liabilities:    
Current Portion of Long-term Debt 20 168
Accounts Payable 771 679
Accrued Salaries and Benefits 293 387
Income Taxes Payable 143 138
Current Portion of Operating Lease Liabilities 46 46
Other Current Liabilities 418 448
Total Current Liabilities 1,691 1,866
Long-term Debt 1,628 1,715
Operating Lease Liabilities 127 131
Non-current Taxes Payable 278 282
Other Non-Current Liabilities 147 152
Total Liabilities 3,871 4,146
Shareholders’ Equity:    
Ordinary Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 73.2 shares at June 30, 2024 and 72.1 at December 31, 2023 0 0
Capital in Excess of Par Value 2,997 2,906
Retained Deficit (1,717) (1,954)
Accumulated Other Comprehensive Loss (52) (28)
Shareholders’ Equity 1,228 924
Noncontrolling Interests 12 (2)
Total Shareholders’ Equity 1,240 922
Total Liabilities and Shareholders’ Equity $ 5,111 $ 5,068