Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Variable Interest Entities - Schedule of Financial Information of Variable Interest Entities (Details)

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Note 5 - Variable Interest Entities - Schedule of Financial Information of Variable Interest Entities (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Current assets $ 2,394   $ 2,394   $ 3,145
Property, plant and equipment, net [1] 2,313   2,313   2,377
Operating lease right-of-use assets 359   359   374
Deferred income taxes 126   126   147
Total assets 7,369   7,369   8,220
Current liabilities 1,271   1,271   1,701
Long-term debt [1] 1,493   1,493   1,671
Noncurrent operating lease liabilities [1] 329   329   336
Other noncurrent liabilities [1] 367   367   422
Total liabilities 3,715   3,715   4,380
Revenues [2] 1,506 $ 2,011 4,708 $ 6,373  
Income from continuing operations before income taxes 42 146 158 722  
Net cash provided by operating activities     45 604  
Variable Interest Entity, Primary Beneficiary [Member]          
Current assets 78   78   73
Property, plant and equipment, net 145   145   149
Operating lease right-of-use assets 29   29   28
Other noncurrent assets 133   133   140
Deferred income taxes 13   13   13
Total assets 398   398   403
Current liabilities 107   107   144
Long-term debt 19   19   26
Noncurrent operating lease liabilities 20   20   19
Other noncurrent liabilities 24   24   25
Total liabilities 170   170   $ 214
Revenues 0 0 0 0  
Income from continuing operations before income taxes 18 11 48 24  
Net cash provided by operating activities $ 12 $ 21 $ 60 $ 56  
[1] At September 30, 2023 and December 31, 2022, respectively, $12 and $5 of cash and cash equivalents, $12 and $4 of accounts and notes receivable (net), $50 and $59 of inventories, $145 and $149 of property, plant and equipment (net), $31 and $29 of other noncurrent assets, $76 and $114 of accounts payable, $13 and $12 of accrued liabilities, $9 each of current portion of debt, $9 each of current operating lease liabilities, $19 and $26 of long-term debt, $20 and $19 of noncurrent operating lease liabilities and $24 and $25 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “Note 5. Variable Interest Entities.” These assets can only be used to settle obligations of the variable interest entities, and creditors of these liabilities do not have recourse to our general credit.
[2] Geographic information for revenues is based upon countries into which product is sold.