v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 25 $ 147
Accounts receivable (net of allowance for doubtful accounts of $1 and $2) 343 355
Other receivables 12 10
Inventories 775 584
Other current assets 40 20
Total current assets 1,195 1,116
Property, plant and equipment (net of accumulated depreciation of $1,100 and $1,034) 862 823
Operating lease right-of-use assets, net 102 98
Goodwill 1,895 1,895
Intangible assets, net 926 943
Other assets 129 61
Total assets 5,109 4,936
Liabilities    
Accounts payable 428 387
Current operating lease liabilities 26 23
Income taxes payable 1 14
Accrued and other current liabilities 208 153
Total current liabilities 663 577
Long-term debt 1,531 1,580
Long-term operating lease liabilities 83 81
Deferred income taxes 358 350
Long-term postretirement benefit obligation 13 13
Other liabilities 129 82
Total liabilities 2,777 2,683
Commitments and contingencies (Note 7)
Stockholders’ equity    
Common stock, $0.001 par value; 2,000 shares authorized; 210.9 and 210300000 shares issued and outstanding 0 0
Additional paid-in capital 1,434 1,431
Accumulated other comprehensive income 36 20
Retained earnings 862 802
Total stockholders’ equity 2,332 2,253
Total liabilities and stockholders’ equity $ 5,109 $ 4,936