ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

Quarterly report pursuant to Section 13 or 15(d)

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

v3.23.3
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 Ìý $ 2,394 Ìý $ 3,145
Property, plant and equipment, net [1] 2,313 Ìý 2,313 Ìý 2,377
Operating lease right-of-use assets 359 Ìý 359 Ìý 374
Deferred income taxes 126 Ìý 126 Ìý 147
Total assets 7,369 Ìý 7,369 Ìý 8,220
Current liabilities 1,271 Ìý 1,271 Ìý 1,701
Long-term debt [1] 1,493 Ìý 1,493 Ìý 1,671
Noncurrent operating lease liabilities [1] 329 Ìý 329 Ìý 336
Other noncurrent liabilities [1] 367 Ìý 367 Ìý 422
Total liabilities 3,715 Ìý 3,715 Ìý 4,380
Revenues [2] 1,506 $ 2,011 4,708 $ 6,373 Ìý
Income from continuing operations before income taxes 42 146 158 722 Ìý
Net cash provided by operating activities Ìý Ìý 45 604 Ìý
Variable Interest Entity, Primary Beneficiary [Member] Ìý Ìý Ìý Ìý Ìý
Current assets 78 Ìý 78 Ìý 73
Property, plant and equipment, net 145 Ìý 145 Ìý 149
Operating lease right-of-use assets 29 Ìý 29 Ìý 28
Other noncurrent assets 133 Ìý 133 Ìý 140
Deferred income taxes 13 Ìý 13 Ìý 13
Total assets 398 Ìý 398 Ìý 403
Current liabilities 107 Ìý 107 Ìý 144
Long-term debt 19 Ìý 19 Ìý 26
Noncurrent operating lease liabilities 20 Ìý 20 Ìý 19
Other noncurrent liabilities 24 Ìý 24 Ìý 25
Total liabilities 170 Ìý 170 Ìý $ 214
Revenues 0 0 0 0 Ìý
Income from continuing operations before income taxes 18 11 48 24 Ìý
Net cash provided by operating activities $ 12 $ 21 $ 60 $ 56 Ìý
[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.