Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Debt - Outstanding Debt (Details)

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Note 8 - Debt - Outstanding Debt (Details) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Amount outstanding $ 2,056 $ 1,688
Current portion of debt [1] 396 12
Long-term portion of debt [1] 1,660 1,676
The Revolving Credit Facility [Member]    
Revolving facility 195 0
The Senior Notes [Member]    
Amount outstanding 1,463 1,471
Accounts Receivable Programs [Member]    
Amount outstanding 163 169
Note Payable [Member]    
Note payable 190 0
Variable Interest Entities Debt [Member]    
Amount outstanding 24 26
Other Debt Instruments [Member]    
Amount outstanding $ 21 $ 22
[1] At March 31, 2024 and December 31, 2023, respectively, $15 and $2 of cash and cash equivalents, $18 and $16 of accounts and notes receivable (net), $52 and $48 of inventories, $151 and $150 of property, plant and equipment (net), $33 and $32 of other noncurrent assets, $89 and $84 of accounts payable, $21 and $20 of accrued liabilities, $9 each of current portion of debt, $7 and $8 of current operating lease liabilities, $15 and $17 of long-term debt, $19 and $21 of noncurrent operating lease liabilities and $16 and $15 of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “Note 6. 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.