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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and Cash Equivalents $ 916 $ 958
Restricted Cash 59 105
Accounts Receivable, Net of Allowance for Credit Losses of $8 at December 31, 2024 and $16 at December 31, 2023 1,261 1,216
Inventories, Net 880 788
Other Current Assets 286 278
Total Current Assets 3,402 3,345
Property, Plant and Equipment, Net of Accumulated Depreciation of $940 at December 31, 2024 and $883 at December 31, 2023 1,061 957
Intangible Assets, Net of Accumulated Amortization of $793 at December 31, 2024 and $639 at December 31, 2023 325 370
Operating Lease Assets 124 138
Other Non-current Assets 247 258
Total Assets 5,159 5,068
Liabilities:    
Current Portion of Long-term Debt 17 168
Accounts Payable 792 679
Accrued Salaries and Benefits 302 387
Income Taxes Payable 129 138
Current Portion of Operating Lease Liabilities 44 46
Other Current Liabilities 412 448
Total Current Liabilities 1,696 1,866
Long-term Debt 1,617 1,715
Operating Lease Liabilities 110 131
Non-current Taxes Payable 274 282
Other Non-current Liabilities 179 152
Total Liabilities 3,876 4,146
Shareholders’ Equity:    
Ordinary Shares - Par value $0.001; Authorized 1,356, Issued and Outstanding 72.1 at December 31, 2024 and 72.1 at December 31, 2023 0 0
Capital in Excess of Par Value 2,921 2,906
Retained Deficit (1,486) (1,954)
Accumulated Other Comprehensive Loss (150) (28)
Shareholders’ Equity 1,285 924
Noncontrolling Interests (2) (2)
Total Shareholders’ Equity 1,283 922
Total Liabilities and Shareholders’ Equity $ 5,159 $ 5,068