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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 469 $ 494
Accounts receivable    
Trade, less allowance for doubtful accounts of $15 in 2025 and $12 in 2024 987 890
Other 254 220
Inventories 1,015 1,047
Other current assets 114 130
Current assets of disposal group held for sale 1,029 923
Total current assets 3,868 3,704
Intangibles 71 80
Deferred tax assets 534 514
Other noncurrent assets 102 118
Investments in affiliates 102 125
Operating lease assets 305 260
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization 1,872 1,830
Noncurrent assets of disposal group held for sale 954 855
Total assets 7,808 7,486
Liabilities, Current [Abstract]    
Short-term debt 615 8
Long-Term Debt and Lease Obligation, Current 30 214
Accounts Payable, Current 1,154 1,120
Accrued payroll and employee benefits 210 176
Taxes on income 75 49
Current portion of operating lease liabilities 41 35
Other accrued liabilities 495 314
Current liabilities of disposable group held for sale 688 645
Total current liabilities 3,308 2,561
Long-term debt, less debt issuance costs of $16 in 2025 and $19 in 2024 2,566 2,387
Noncurrent operating lease liabilities 266 235
Pension and postretirement obligations 249 233
Other noncurrent liabilities 337 322
Noncurrent liabilities of disposal group held for sale 183 163
Total liabilities 6,909 5,901
Commitments and contingencies (Note 15)
Redeemable noncontrolling interests 189
Parent company stockholders' equity    
Preferred stock, 50,000,000 shares authorized, $0.01 par value, no shares outstanding 0 0
Common stock, 450,000,000 shares authorized, $0.01 par value, 112,284,138 and 144,993,614 shares outstanding 1 2
Additional paid-in capital 1,671 2,282
Retained earnings 235 204
Treasury stock, at cost (1,944,700 and 837,803 shares) (35) (13)
Accumulated other comprehensive loss (1,032) (1,142)
Total parent company stockholders' equity 840 1,333
Noncontrolling interests 59 63
Total equity 899 1,396
Total liabilities, redeemable noncontrolling interests and equity $ 7,808 $ 7,486