XML 279 R66.htm IDEA: XBRL DOCUMENT v3.24.0.1
Other Financial Statement Data (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Receivables, Net, Current [Abstract]      
Trade $ 940.9 $ 1,242.8  
Accounts Receivable, before Allowance for Credit Loss, Related Party, Current 194.6 249.6  
Non-trade 134.4 208.4  
Accounts Receivable, before Allowance for Credit Loss 1,269.9 1,700.8  
Less: Allowance for doubtful accounts 0.7 0.9  
Current receivables, net 1,269.2 1,699.9  
Inventories      
Raw materials 135.8 177.2  
Work in process 964.8 844.8  
Finished goods 1,178.0 2,158.3  
Deferred Costs [1] 61.5 184.2  
Operating materials and supplies 183.1 178.6  
Inventory, net 2,523.2 3,543.1  
Other current assets      
Income and other taxes receivable 269.3 189.4  
Prepaid expenses 284.3 237.4  
Assets Held-for-sale, Not Part of Disposal Group, Current 0.0 101.9  
Other 50.2 49.5  
Total other current assets 603.8 578.2  
Other Assets      
Restricted cash 3.4 10.5 $ 8.5
MRO inventory 166.3 141.9  
Debt Securities, Available-for-sale, Restricted 708.6 666.0  
Operating Lease, Right-of-Use Asset $ 229.8 $ 182.5  
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] Other Assets, Noncurrent Other Assets, Noncurrent  
Indemnification asset $ 20.9 $ 23.7  
Long-term receivable 21.8 26.9  
Cloud computing asset [2] 138.9 32.9  
Other 285.9 311.8  
Other Assets, Noncurrent 1,575.6 1,396.2  
Accrued liabilities      
Accrued dividends 72.3 72.9  
Payroll and employee benefits 182.6 237.0  
Asset retirement obligations 377.4 212.3  
Customer prepayments 261.8 743.9  
Accrued Income Taxes 190.0 208.3  
Operating Lease, Liability, Current 65.3 50.7  
Other 627.7 754.8  
Total accrued liabilities, current 1,777.1 2,279.9  
Other noncurrent liabilities      
Asset retirement obligations 1,836.0 1,693.3  
Operating Lease, Liability, Noncurrent 168.1 135.2  
Accrued pension and postretirement benefits 119.7 103.3  
Unrecognized tax benefits 30.5 32.5  
Other 274.9 271.7  
Total other noncurrent liabilities 2,429.2 2,236.0  
Interest expense, net was comprised of the following:      
Interest income 59.6 31.0 25.2
Less interest expense 189.0 168.8 194.3
Interest expense, net $ (129.4) $ (137.8) $ (169.1)
[1] Final price deferred is product that has shipped to customers, but we retain control and do not recognize revenue until a sales contract has been agreed to with the customer.
[2]
(b)Implementation costs eligible for capitalization related to cloud computing arrangements that are a service contract are recorded within Prepaid expenses and Other assets in the Consolidated Balance Sheets and amortized over the reasonably certain term of the associated hosting arrangement. Capitalized implementation costs expensed were not material in 2023.