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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 1,193 $ 1,024
Trade accounts receivable, net 281 269
Inventories 354 113
Other current assets 80 110
Total current assets 1,908 1,516
Non-current assets    
Property and equipment, net 426 384
Intangible assets, net 2,165 2,527
Goodwill 10,895 10,895
Other long-term assets 111 119
Total non-current assets 13,597 13,925
TOTAL ASSETS 15,505 15,441
Current liabilities    
Accounts payable and accrued expenses 221 189
Employee related accrued expenses 79 88
Related party payable 44 73
Other current liabilities 47 34
Total current liabilities 391 384
Non-current liabilities    
Long-term employee benefits 53 56
Deferred tax liabilities 149 162
Other long-term liabilities 39 45
Total non-current liabilities 241 263
TOTAL LIABILITIES 632 647
Equity    
Additional paid-in capital 14,898 14,737
Accumulated other comprehensive income (loss)   (9)
Retained earnings (accumulated deficit) (33) 57
TOTAL EQUITY [1] 14,873 14,794
TOTAL LIABILITIES AND EQUITY 15,505 15,441
Class A common stock    
Equity    
Common stock 1 1
Class B common stock    
Equity    
Common stock $ 7 $ 8
[1] Rounding of Class A and Class B share amounts due to Secondary offering.