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Supplemental Balance Sheet Data
12 Months Ended
Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Supplemental Balance Sheet Data Supplemental Balance Sheet Data
Accounts ReceivableNet
Accounts receivable—net consist of the following:
 December 31,
 20212020
 (in millions)
Trade$464 $256 
Other33 
Accounts receivable—net$497 $265 
Inventories
Inventories consist of the following:
 December 31,
 20212020
 (in millions)
Finished goods$358 $246 
Raw materials, spare parts and supplies50 41 
Total inventories$408 $287 
Accounts Payable and Accrued Expenses
Accounts payable and accrued expenses consist of the following:
 December 31,
 20212020
 (in millions)
Accounts payable$110 $85 
Accrued natural gas costs168 106 
Payroll and employee-related costs88 68 
Accrued interest30 32 
Other169 133 
Total accounts payable and accrued expenses$565 $424 
Payroll and employee-related costs include accrued salaries and wages, vacation, benefits, incentive plans and payroll taxes.
Accrued interest includes interest payable on our outstanding senior notes. See Note 13—Financing Agreements and Note 14—Interest Expense for additional information.
Other includes accrued utilities, property and other taxes, sales incentives and other credits, accrued litigation settlement costs, accrued maintenance and professional services.
Other Current Liabilities
As of December 31, 2021, other current liabilities of $54 million primarily includes $47 million of unrealized loss on natural gas derivatives and $5 million representing the current portion of the unrealized loss on the embedded derivative liability related to our strategic venture with CHS. As of December 31, 2020, other current liabilities of $15 million primarily includes $7 million of unrealized loss on natural gas derivatives and $5 million representing the current portion of the unrealized loss on the embedded derivative liability related to our strategic venture with CHS.
See Note 10—Fair Value Measurements, Note 16—Derivative Financial Instruments and Note 18—Noncontrolling Interest for additional information.
Other Liabilities
Other liabilities consist of the following:
 December 31,
 20212020
 (in millions)
Benefit plans and deferred compensation$165 $256 
Tax-related liabilities62 155 
Unrealized loss on embedded derivative10 13 
Other14 20 
Other liabilities$251 $444 
Benefit plans and deferred compensation include liabilities for pensions, retiree medical benefits, and the noncurrent portion of incentive plans. See Note 12—Pension and Other Postretirement Benefits for additional information.