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 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Current assets $ 2,293   $ 2,293   $ 2,314
Property, plant and equipment, net [1] 2,580   2,580   2,376
Operating lease right-of-use assets 400   400   366
Deferred income taxes 108   108   112
Total assets 7,334   7,334   7,248
Current liabilities 1,560   1,560   1,172
Long-term debt [1] 1,513   1,513   1,676
Noncurrent operating lease liabilities [1] 364   364   334
Other noncurrent liabilities [1] 303   303   345
Deferred income taxes 249   249   243
Total liabilities 3,989   3,989   3,770
Income from continuing operations before income taxes 34 $ 42 42 $ 158  
Net cash provided by operating activities     110 45  
Variable Interest Entity, Primary Beneficiary [Member]          
Current assets 115   115   67
Property, plant and equipment, net 153   153   150
Operating lease right-of-use assets 22   22   29
Other noncurrent assets 122   122   125
Deferred income taxes 13   13   13
Total assets 425   425   384
Current liabilities 123   123   121
Long-term debt 10   10   17
Noncurrent operating lease liabilities 16   16   21
Other noncurrent liabilities 15   15   15
Deferred income taxes 1   1   1
Total liabilities 165   165   $ 175
Income from continuing operations before income taxes 19 18 54 48  
Net cash provided by operating activities $ 27 $ 12 $ 68 $ 60  
[1] At September 30, 2024 and December 31, 2023, respectively, $23 and $2 of cash and cash equivalents, $19 and $16 of accounts and notes receivable (net), $63 and $48 of inventories, $153 and $150 of property, plant and equipment (net), $32 each of other noncurrent assets, $93 and $84 of accounts payable, $15 and $20 of accrued liabilities, $9 each of current portion of debt, $6 and $8 of current operating lease liabilities, $10 and $17 of long-term debt, $16 and $21 of noncurrent operating lease liabilities and $15 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.” 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.