Quarterly report [Sections 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 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Current assets $ 2,208   $ 2,208   $ 2,125
Property, plant and equipment, net [1] 2,491   2,491   2,493
Operating lease right-of-use assets 372   372   382
Deferred income taxes 66   66   69
Total assets 7,147   7,147   7,114
Current liabilities 1,544   1,544   1,565
Long-term debt [1] 1,663   1,663   1,510
Noncurrent operating lease liabilities [1] 344   344   348
Other noncurrent liabilities [1] 345   345   324
Deferred income taxes 190   190   204
Total liabilities 4,086   4,086   3,951
Income from continuing operations before income taxes (139) $ 44 (112) $ 8  
Net cash provided by operating activities     17 (19)  
Variable Interest Entity, Primary Beneficiary [Member]          
Current assets 97   97   89
Property, plant and equipment, net 121   121   124
Operating lease right-of-use assets 20   20   21
Other noncurrent assets 144   144   133
Deferred income taxes 10   10   10
Total assets 392   392   377
Current liabilities 141   141   147
Long-term debt 3   3   7
Noncurrent operating lease liabilities 12   12   15
Other noncurrent liabilities 16   16   16
Deferred income taxes 2   2   2
Total liabilities 174   174   $ 187
Income from continuing operations before income taxes 14 17 30 35  
Net cash provided by operating activities $ 10 $ 22 $ 26 $ 41  
[1] At June 30, 2025 and December 31, 2024, respectively, $25 and $6 of cash and cash equivalents, $20 and $19 of accounts and notes receivable (net), $45 and $57 of inventories, $121 and $124 of property, plant and equipment (net), $35 and $37 of other noncurrent assets, $108 and $111 of accounts payable, $16 and $21 of accrued liabilities, $9 each of current portion of debt, $8 and $6 of current operating lease liabilities, $3 and $7 of long-term debt, $12 and $15 of noncurrent operating lease liabilities and $16 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.