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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income $ 279 $ 401
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 120 76
Amortization of inventory step-up adjustment to fair value 39 0
Unrealized loss (gain) on derivatives not designated as hedging instruments 6 (1)
Amortization of debt issuance costs and original issue discount 46 2
Gain on sale of long-lived assets (7) 0
Stock-based compensation 31 28
Provision for excess and obsolete inventory 10 14
Deferred income taxes 4 7
Other 3 1
Changes in operating assets and liabilities, net of acquired assets and liabilities:    
Trade accounts receivable (37) (51)
Inventories (188) (62)
Other current and non-current assets 2 0
Accounts payable 55 38
Current and non-current accrued compensation (37) 3
Income taxes payable (27) (29)
Other current and non-current liabilities 46 18
Net cash provided by operating activities 345 445
Cash flows from investing activities:    
Acquisition of business, net of cash acquired (4,473) (268)
Purchases of investments (1) (497)
Maturities of investments 76 342
Sales of investments 0 135
Proceeds from sale of long-lived assets 7 0
Purchases of property, plant and equipment (109) (63)
Net cash used in investing activities (4,500) (351)
Cash flows from financing activities:    
Proceeds from borrowings, net of deferred financing fees paid 4,985 1
Payments of borrowings (835) (13)
Dividend payments (37) (36)
Net payments related to employee stock awards (5) (14)
Net cash provided by (used in) financing activities 4,108 (62)
Effect of exchange rate changes on cash and cash equivalents (35) (7)
(Decrease) increase in cash and cash equivalents (82) 25
Cash and cash equivalents at beginning of period 966 608
Cash and cash equivalents at end of period $ 884 $ 633