ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

Quarterly report pursuant to Section 13 or 15(d)

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

v3.24.2.u1
Note 6 - Variable Interest Entities - Schedule of Financial Information of Variable Interest Entities (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Current assets $ 2,254 Ìý $ 2,254 Ìý $ 2,314
Property, plant and equipment, net [1] 2,549 Ìý 2,549 Ìý 2,376
Operating lease right-of-use assets 402 Ìý 402 Ìý 366
Deferred income taxes 109 Ìý 109 Ìý 112
Total assets 7,317 Ìý 7,317 Ìý 7,248
Current liabilities 1,729 Ìý 1,729 Ìý 1,172
Long-term debt [1] 1,344 Ìý 1,344 Ìý 1,676
Noncurrent operating lease liabilities [1] 368 Ìý 368 Ìý 334
Other noncurrent liabilities [1] 319 Ìý 319 Ìý 345
Deferred income taxes 221 Ìý 221 Ìý 243
Total liabilities 3,981 Ìý 3,981 Ìý 3,770
Income from continuing operations before income taxes 44 $ 61 8 $ 116 Ìý
Net cash provided by operating activities Ìý Ìý (19) (118) Ìý
Variable Interest Entity, Primary Beneficiary [Member] Ìý Ìý Ìý Ìý Ìý
Current assets 98 Ìý 98 Ìý 67
Property, plant and equipment, net 151 Ìý 151 Ìý 150
Operating lease right-of-use assets 24 Ìý 24 Ìý 29
Other noncurrent assets 130 Ìý 130 Ìý 125
Deferred income taxes 13 Ìý 13 Ìý 13
Total assets 416 Ìý 416 Ìý 384
Current liabilities 136 Ìý 136 Ìý 121
Long-term debt 12 Ìý 12 Ìý 17
Noncurrent operating lease liabilities 18 Ìý 18 Ìý 21
Other noncurrent liabilities 16 Ìý 16 Ìý 15
Deferred income taxes 1 Ìý 1 Ìý 1
Total liabilities 183 Ìý 183 Ìý $ 175
Income from continuing operations before income taxes 17 15 35 30 Ìý
Net cash provided by operating activities $ 22 $ 23 $ 41 $ 48 Ìý
[1] At June 30, 2024 and December 31, 2023, respectively, $11 and $2 of cash and cash equivalents, $20 and $16 of accounts and notes receivable (net), $58 and $48 of inventories, $151 and $150 of property, plant and equipment (net), $32 each of other noncurrent assets, $103 and $84 of accounts payable, $18 and $20 of accrued liabilities, $9 each of current portion of debt, $6 and $8 of current operating lease liabilities, $12 and $17 of long-term debt, $18 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.