v3.25.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash $ 75 $ 63
Accounts receivable, net 469 378
Inventories, net 490 415
Other current assets 43 29
Current assets of discontinued operations 1 36
Total current assets 1,078 921
Long-term assets:    
Operating lease assets 159 170
Property, plant and equipment, net 102 89
Other assets 36 37
Intangible assets:    
Goodwill, net 264 264
Other intangible assets, net 135 143
Total assets 1,774 1,624
Liabilities, Current [Abstract]    
Trade accounts payable 438 329
Accrued expenses and other current liabilities 114 124
Operating lease liabilities 31 31
Current portion of debt obligations 4 3
Current liabilities of discontinued operations 0 21
Total current liabilities 587 508
Long-term liabilities:    
Long-term debt 445 384
Operating lease liabilities 142 153
Deferred income taxes 37 35
Other liabilities 27 28
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.01 par value per share: 500 million shares authorized, 110,417,888 and 109,460,293 issued, respectively 1 1
Additional paid-in capital 1,781 1,779
Retained deficit (661) (652)
Less: Treasury stock at cost: 25,433,286 and 24,216,330 shares, respectively (390) (375)
Accumulated other comprehensive loss (195) (237)
Total stockholders' equity 536 516
Total liabilities and stockholders' equity $ 1,774 $ 1,624