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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and Cash Equivalents $ 873 $ 916
Restricted Cash 57 59
Accounts Receivable, Net of Allowance for Credit Losses of $8 at March 31, 2025 and $8 at December 31, 2024 1,175 1,261
Inventories, Net 889 880
Other Current Assets 270 286
Total Current Assets 3,264 3,402
Property, Plant and Equipment, Net of Accumulated Depreciation of $1,011 at March 31, 2025 and $940 at December 31, 2024 1,103 1,061
Intangibles, Net of Accumulated Amortization of $809 at March 31, 2025 and $793 at December 31, 2024 315 325
Operating Lease Assets 124 124
Other Non-Current Assets 248 247
Total Assets 5,054 5,159
Liabilities:    
Current Portion of Long-term Debt 22 17
Accounts Payable 714 792
Accrued Salaries and Benefits 249 302
Income Taxes Payable 118 129
Current Portion of Operating Lease Liabilities 46 44
Other Current Liabilities 418 412
Total Current Liabilities 1,567 1,696
Long-term Debt 1,583 1,617
Operating Lease Liabilities 108 110
Non-current Taxes Payable 255 274
Other Non-Current Liabilities 181 179
Total Liabilities 3,694 3,876
Shareholders’ Equity:    
Ordinary Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 72.6 shares at March 31, 2025 and 72.1 at December 31, 2024 0 0
Capital in Excess of Par Value 2,834 2,921
Retained Deficit (1,428) (1,486)
Accumulated Other Comprehensive Loss (54) (150)
Shareholders’ Equity 1,352 1,285
Noncontrolling Interests 8 (2)
Total Shareholders’ Equity 1,360 1,283
Total Liabilities and Shareholders’ Equity $ 5,054 $ 5,159