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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 351 $ 102
Accounts receivable (net of allowance for doubtful accounts of $1 and $0) 288 13
Other receivables 7 7
Related party receivables 10 14
Inventories 401 418
Other current assets 22 16
Total current assets 1,079 570
Property, plant and equipment (net of accumulated depreciation of $683 and $642) 574 537
Operating lease right-of-use assets, net 68 42
Goodwill 1,879 1,879
Intangible assets, net 1,100 1,123
Other assets 24 9
Total assets 4,724 4,160
Liabilities    
Accounts payable 169 135
Related party payables 46 72
Related party accrued interest payable   18
Current portion of long-term debt 25 21
Accrued and other current liabilities 161 132
Total current liabilities 401 378
Long-term debt 2,313 1,990
Long-term related party borrowings   2,214
Long-term operating lease liabilities 58 35
Deferred income taxes 315 294
Long-term postretirement benefit obligation 49 48
Other liabilities 37 19
Total liabilities 3,173 4,978
Commitments and contingencies (Note 8)
Stockholders’ equity    
Additional paid-in capital 1,380  
Net parent deficit   (823)
Accumulated other comprehensive income 3 5
Retained earnings 168  
Total stockholders' equity 1,551 (818)
Total liabilities and stockholders' equity $ 4,724 $ 4,160