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CONSOLIDATED INTERIM BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 382 $ 592
Restricted cash 195 101
Accounts, notes and other receivables – net (Note 8) 807 841
Inventories – net (Note 10) 258 235
Other current assets 93 110
Total current assets 1,735 1,879
Investments and long-term receivables 30 30
Property, plant and equipment – net 484 505
Goodwill 193 193
Deferred income taxes 262 275
Other assets (Note 11) 131 135
Total assets 2,835 3,017
Current liabilities:    
Accounts payable 1,099 1,019
Borrowings under revolving credit facility 370 370
Current maturities of long-term debt 6  
Debtor-in-possession Term Loan (Note 2) 100 200
Accrued liabilities (Note 12) 277 248
Total current liabilities 1,852 1,837
Long-term debt 1,049 1,082
Deferred income taxes 2 2
Other liabilities (Note 13) 125 114
Total liabilities not subject to compromise 3,028 3,035
Liabilities subject to compromise (Note 2) 2,107 2,290
Total liabilities 5,135 5,325
COMMITMENTS AND CONTINGENCIES (Note 18)
EQUITY (DEFICIT)    
Additional paid-in capital 30 28
Retained deficit (2,312) (2,207)
Accumulated other comprehensive loss (Note 16) (18) (129)
Total deficit (2,300) (2,308)
Total liabilities and deficit $ 2,835 $ 3,017