Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Cash provided by operating activities
Net income	$ 154	$ 138
Adjustments to reconcile net income to operating cash flows:
Depreciation and amortization	53	48
Deferred income taxes	(4)	41
Unrealized losses on derivatives		1
Stock compensation expense	3	3
Change in assets and liabilities:
Accounts receivable, net	(40)	(268)
Other receivables	3	(3)
Related party receivables		4
Inventories	(163)	33
Accounts payable	54	8
Related party payables	(6)	(20)
Related party accrued interest payable		(18)
Income taxes payable / receivable	(14)	31
Accrued and other current liabilities	(22)	10
Other assets and liabilities		(5)
Net cash provided by operating activities	18	3
Cash used in investing activities
Acquisition of property, plant and equipment	(73)	(52)
Net cash used in investing activities	(73)	(52)
Cash (used in) provided by financing activities
Repayment of long-term debt	(112)	(6)
Dividends paid	(96)	(31)
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	(208)	339
Net (decrease) increase in cash and cash equivalents	(263)	290
Cash and cash equivalents at beginning of period	312	102
Cash and cash equivalents at end of period	49	392
Cash Paid:
Income Taxes	$ 67	$ 5