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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 420 $ 178 $ 1,083
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 126 119 132
Impairment of long-lived assets 5 30 1
Loss (gain) on sale of assets, net 2 (7) (157)
Pension loss due to settlement 0 4 82
Deferred taxes (4) 44 1
Foreign currency remeasurement and transaction (gains) losses 0 50 (2)
Other adjustments, net 6 26 35
Receivables 3 (8) 22
Inventories 9 (46) (66)
Prepaid expenses and other current assets (5) (1) (7)
Accounts payable and accrued liabilities 23 (40) 15
Income taxes payable, net of receivables 19 (33) 6
Net cash provided by operating activities 605 316 1,144
CASH FLOWS FROM INVESTING ACTIVITIES:      
Property, plant, and equipment additions (183) (300) (414)
Proceeds from divestiture of businesses 0 (80) 0
Cash Surrender Value of Life Insurance 0 0 268
Proceeds from sale of assets 1 9 0
Investment in affiliates (17) 0 0
Other investing activities, net 16 (4) 0
Net cash provided by (used in) investing activities (183) (376) (146)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Repayment of long term debt 0 (80) 0
Proceeds from Debt, Maturing in More than Three Months 0 80 0
Payment of cash dividends (74) (69) (69)
Purchase of stock (212) 0 (900)
Other financing activities (7) (8) (13)
Net cash used in financing activities (292) (77) (982)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations (12) (24) (5)
Net increase (decrease) in cash, cash equivalents, and restricted cash 118 (161) 12
Cash, cash equivalents, and restricted cash at beginning of period 222 383 371
Cash, cash equivalents, and restricted cash at end of period 340 222 383
Supplemental Cash Flow Information [Abstract]      
Cash paid for income taxes, net (124) (65) (320)
Cash paid for interest, net (14) (15) (14)
Unpaid capital expenditures $ 32 $ 15 $ 48