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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 200 $ 102
Accounts receivable (net of allowance for doubtful accounts of $1 and $0) 316 13
Other receivables 8 7
Related party receivables 4 14
Inventories 433 418
Other current assets 12 16
Total current assets 973 570
Property, plant and equipment (net of accumulated depreciation of $657 and $642) 543 537
Operating lease right-of-use assets, net 62 42
Goodwill 1,879 1,879
Intangible assets, net 1,115 1,123
Other assets 15 9
Total assets 4,587 4,160
Liabilities    
Accounts payable 144 135
Related party payables 48 72
Related party accrued interest payable   18
Current portion of long-term debt 25 21
Income taxes payable 10  
Dividends payable 31  
Accrued and other current liabilities 127 132
Total current liabilities 385 378
Long-term debt 2,423 1,990
Long-term related party borrowings   2,214
Long-term operating lease liabilities 54 35
Deferred income taxes 288 294
Long-term postretirement benefit obligation 49 48
Other liabilities 18 19
Total liabilities 3,217 4,978
Commitments and contingencies (Note 9)
Stockholders’ equity    
Additional paid-in capital 1,378  
Net parent deficit   (823)
Accumulated other comprehensive income 3 5
Retained earnings (11)  
Total stockholders' equity 1,370 (818)
Total liabilities and stockholders' equity $ 4,587 $ 4,160