Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Variable Interest Entities - Schedule of Financial Information of Variable Interest Entities (Details)

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Note 6 - Variable Interest Entities - Schedule of Financial Information of Variable Interest Entities (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Current assets $ 3,988   $ 3,928
Property, plant and equipment, net [1] 2,551   2,576
Operating lease right-of-use assets 390   403
Deferred income taxes 204   206
Total assets 9,402   9,392
Current liabilities 2,118   2,051
Long-term debt [1] 1,529   1,538
Noncurrent operating lease liabilities [1] 358   370
Other noncurrent liabilities [1] 679   713
Total liabilities 4,862   4,833
Revenues [2] 2,389 $ 1,837  
Income from continuing operations before income taxes 304 133  
Net cash provided by operating activities 85 (17)  
Variable Interest Entity, Primary Beneficiary [Member]      
Current assets 92   81
Property, plant and equipment, net 156   161
Operating lease right-of-use assets 25   26
Other noncurrent assets 147   148
Deferred income taxes 21   21
Total assets 441   437
Current liabilities 177   176
Long-term debt 33   35
Noncurrent operating lease liabilities 19   20
Other noncurrent liabilities 46   46
Total liabilities 275   $ 277
Revenues 0 0  
Income from continuing operations before income taxes 5 0  
Net cash provided by operating activities $ 8 $ 4  
[1] At March 31, 2022 and December 31, 2021, respectively, $9 and $1 of cash and cash equivalents, $9 and $12 of accounts and notes receivable (net), $66 and $64 of inventories, $156 and $161 of property, plant and equipment (net), $25 and $23 of other noncurrent assets, $145 and $146 of accounts payable, $8 and $13 of accrued liabilities, $17 and $10 of current portion of debt, $6 each of current operating lease liabilities, $33 and $35 of long-term debt, $19 and $20 of noncurrent operating lease liabilities and $46 each of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “Note 6. Variable Interest Entities.”
[2] Geographic information for revenues is based upon countries into which product is sold.