Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Cash provided by (used in) operating activities
Net income	$ 74	$ 26
Adjustments to reconcile net income to operating cash flows:
Depreciation and amortization	26	24
Deferred income taxes	(6)	28
Unrealized losses on derivatives		4
Stock compensation expense	2	1
Change in assets and liabilities:
Accounts receivable, net	9	(303)
Other receivables	4	(1)
Related party receivables	(2)	9
Inventories	(88)	(16)
Accounts payable	23	10
Related party payables	(4)	(20)
Related party accrued interest payable		(18)
Income taxes payable	29	11
Accrued and other current liabilities	(50)	(7)
Other assets and liabilities	(8)	(3)
Net cash provided by (used in) operating activities	9	(255)
Cash used in investing activities
Acquisition of property, plant and equipment	(23)	(23)
Net cash used in investing activities	(23)	(23)
Cash (used in) provided by financing activities
Repayment of long-term debt	(106)
Dividends paid	(48)
Proceeds from long-term debt, net of discounts		2,472
Repayments of PEI Group Credit Agreement		(8)
Advances from related parties		240
Repayments to related parties		(3,627)
Deferred debt transaction costs		(28)
Proceeds from IPO settlement facility		1,168
Repayment of IPO settlement facility		(1,168)
Issuance of common stock		1,410
Equity issuance costs		(69)
Net transfers to Parent		(14)
Net cash (used in) provided by financing activities	(154)	376
Net (decrease) increase in cash and cash equivalents	(168)	98
Cash and cash equivalents at beginning of period	312	102
Cash and cash equivalents at end of period	$ 144	$ 200