v3.25.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash $ 63 $ 63
Accounts receivable, net 442 378
Inventories, net 460 415
Other current assets 30 29
Current assets of discontinued operations 4 36
Total current assets 999 921
Long-term assets:    
Operating lease assets 171 170
Property, plant and equipment, net 95 89
Other Assets, Miscellaneous, Noncurrent 36 37
Intangible assets:    
Goodwill, net 264 264
Other intangible assets, net 139 143
Total assets 1,704 1,624
Liabilities, Current [Abstract]    
Trade accounts payable 434 329
Accrued expenses and other current liabilities 121 124
Operating lease liabilities 32 31
Current portion of debt obligations 4 3
Current liabilities of discontinued operations 2 21
Total current liabilities 593 508
Long-term liabilities:    
Long-term debt 367 384
Operating lease liabilities 153 153
Deferred income taxes 39 35
Other Liabilities, Noncurrent 27 28
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.01 par value per share: 500 million shares authorized, 110,312,182 and 109,460,293 issued, respectively 1 1
Additional paid-in capital 1,777 1,779
Retained deficit (674) (652)
Less: Treasury stock at cost: 24,216,330 shares (375) (375)
Accumulated other comprehensive loss (204) (237)
Total stockholders' equity 525 516
Total liabilities and stockholders' equity $ 1,704 $ 1,624