Overview Financials News + Filings Key Docs Charts Ownership Insiders
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| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| | 10-Q | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Current assets | | | | | | | | |
| Cash and cash equivalents | 268.0 | 559.0 | 508.0 | 510.0 | 603.0 | 707.0 | 791.0 | 1,121.0 |
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| Accounts receivable | | | | | | | | |
| Trade, less allowance for doubtful accounts of $12 in 2023 and $11 in 2022 | 1,321.0 | 1,201.0 | 1,103.0 | 1,065.0 | 994.0 | 721.0 | 673.0 | 755.0 |
| Other | 220.0 | 231.0 | 202.0 | 178.0 | 172.0 | 110.0 | 115.0 | 117.0 |
| Inventories | 1,564.0 | 1,149.0 | 1,193.0 | 1,031.0 | 969.0 | 638.0 | 625.0 | 654.0 |
| Other current assets | 196.0 | 127.0 | 137.0 | 102.0 | 97.0 | 78.0 | 65.0 | 111.0 |
| Total current assets | 3,586.0 | 3,288.0 | 3,162.0 | 2,907.0 | 2,882.0 | 2,284.0 | 2,431.0 | 2,954.0 |
| Goodwill | 482.0 | 479.0 | 493.0 | 264.0 | 127.0 | 90.0 | 80.0 | 90.0 |
| Intangibles | 233.0 | 236.0 | 240.0 | 164.0 | 174.0 | 109.0 | 102.0 | 169.0 |
| Deferred tax assets | 580.0 | 611.0 | 580.0 | 445.0 | 420.0 | 588.0 | 96.0 | |
| Other noncurrent assets | 131.0 | 169.0 | 120.0 | 80.0 | 71.0 | 226.0 | 275.0 | 312.0 |
| Investments in affiliates | 174.0 | 152.0 | 182.0 | 208.0 | 163.0 | 150.0 | 150.0 | 204.0 |
| Operating lease assets | 247.0 | 190.0 | 178.0 | | | | | |
| Property, plant and equipment, net | 2,199.0 | 2,251.0 | 2,265.0 | | | | | |
| Total assets | 7,632.0 | 7,376.0 | 7,220.0 | 5,918.0 | 5,644.0 | 4,860.0 | 4,301.0 | 4,905.0 |
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| Current liabilities | | | | | | | | |
| Short-term debt | 23.0 | 26.0 | 14.0 | 8.0 | 17.0 | 69.0 | 22.0 | 65.0 |
| Current portion of long-term debt | 8.0 | 8.0 | 20.0 | 20.0 | 23.0 | | | |
| Accounts payable | 1,571.0 | 1,331.0 | 1,255.0 | 1,217.0 | 1,165.0 | 819.0 | 712.0 | 791.0 |
| Accrued payroll and employee benefits | 184.0 | 190.0 | 206.0 | 186.0 | 219.0 | 149.0 | 145.0 | 158.0 |
| Taxes on income | 41.0 | 35.0 | 46.0 | 47.0 | 53.0 | 15.0 | 17.0 | 32.0 |
| Current portion of operating lease liabilities | 43.0 | 43.0 | 42.0 | | | | | |
| Other accrued liabilities | 304.0 | 504.0 | 473.0 | 460.0 | 220.0 | 201.0 | 193.0 | 194.0 |
| Total current liabilities | 2,174.0 | 1,941.0 | 1,845.0 | 1,747.0 | 1,702.0 | 1,253.0 | 1,089.0 | 1,261.0 |
| Long-term debt, less debt issuance costs of $26 in 2023 and $22 in 2022 | 2,386.0 | 2,420.0 | 2,336.0 | 1,755.0 | 1,759.0 | 1,595.0 | 1,553.0 | 1,588.0 |
| Noncurrent operating lease liabilities | 209.0 | 154.0 | 140.0 | | | | | |
| Pension and postretirement obligations | 398.0 | 479.0 | 459.0 | 561.0 | 607.0 | 565.0 | 521.0 | 580.0 |
| Other noncurrent liabilities | 292.0 | 368.0 | 305.0 | 313.0 | 413.0 | 205.0 | 307.0 | 279.0 |
| Total liabilities | 5,459.0 | 5,362.0 | 5,085.0 | 4,376.0 | 4,483.0 | 3,618.0 | 3,470.0 | 3,725.0 |
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| Commitments and contingencies (Note 12) | | | | | | | | |
| Redeemable noncontrolling interests | 198.0 | 180.0 | 167.0 | 100.0 | 47.0 | | | |
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| Parent company stockholders' equity | | | | | | | | |
| Common stock | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 |
| Additional paid-in capital | 2,427.0 | 2,408.0 | 2,386.0 | 2,368.0 | 2,354.0 | 2,327.0 | 2,311.0 | 2,640.0 |
| Retained earnings | 662.0 | 530.0 | 622.0 | 456.0 | 86.0 | 195.0 | -410.0 | -532.0 |
| Accumulated other comprehensive loss | -985.0 | -1,026.0 | -987.0 | -1,362.0 | -1,342.0 | -1,284.0 | -1,174.0 | -997.0 |
| Total parent company stockholders' equity | 1,922.0 | 1,758.0 | 1,873.0 | 1,345.0 | 1,013.0 | 1,157.0 | 728.0 | 1,080.0 |
| Noncontrolling interests | 53.0 | 76.0 | 95.0 | 97.0 | 101.0 | 85.0 | 103.0 | 100.0 |
| Total equity | 1,975.0 | 1,834.0 | 1,968.0 | 1,442.0 | 1,114.0 | 1,242.0 | 831.0 | 1,180.0 |
| Total liabilities, redeemable noncontrolling interests and equity | 7,632.0 | 7,376.0 | 7,220.0 | 5,918.0 | 5,644.0 | 4,860.0 | 4,301.0 | 4,905.0 |
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