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Note 5 - Supplemental Balance Sheet and Cash Flow Information | 12 Months Ended
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Dec. 31, 2024
Notes to Financial Statements |
Additional Financial Information Disclosure [Text Block] | Note 5. Supplemental Balance Sheet and Cash Flow Information Supplemental balance sheet information at December 31 —
|  | 2024 |  |  | 2023 |
Other current assets: |  |  |  |  |  |  |  |
Prepaid expenses |  | $ | 141 |  |  | $ | 155 |
Restricted cash |  |  | 9 |  |  |  | 23 |
Other |  |  | 56 |  |  |  | 69 |
Total |  | $ | 206 |  |  | $ | 247 |
Other noncurrent assets: |  |  |  |  |  |  |  |
Deferred customer incentives |  | $ | 28 |  |  | $ | 34 |
Pre-production costs receivable |  |  | 32 |  |  |  | 24 |
Pension assets, net of related obligations |  |  | 11 |  |  |  | 12 |
Restricted cash |  |  | 9 |  |  |  | 11 |
Deferred financing costs |  |  | 4 |  |  |  | 5 |
Other |  |  | 105 |  |  |  | 54 |
Total |  | $ | 189 |  |  | $ | 140 |
Property, plant and equipment, net: |  |  |  |  |  |  |  |
Land and improvements to land |  | $ | 180 |  |  | $ | 198 |
Buildings and building fixtures |  |  | 550 |  |  |  | 576 |
Machinery and equipment |  |  | 3,856 |  |  |  | 3,815 |
Software and hardware |  |  | 367 |  |  |  | 366 |
Construction in progress |  |  | 482 |  |  |  | 450 |
Finance lease right-of-use assets |  |  | 97 |  |  |  | 55 |
Total cost |  |  | 5,532 |  |  |  | 5,460 |
Less: accumulated depreciation |  |  | (3,318 | ) |  |  | (3,149 | )
Net |  | $ | 2,214 |  |  | $ | 2,311 |
Other accrued liabilities (current): |  |  |  |  |  |  |  |
Non-income taxes payable |  | $ | 59 |  |  | $ | 57 |
Warranty reserves |  |  | 59 |  |  |  | 53 |
Contract liabilities |  |  | 25 |  |  |  | 50 |
Accrued interest |  |  | 43 |  |  |  | 50 |
Accrued customer rebates |  |  | 24 |  |  |  | 27 |
Payable under forward contracts |  |  | 41 |  |  |  | 12 |
Restructuring costs |  |  | 51 |  |  |  | 10 |
Environmental |  |  | 4 |  |  |  | 3 |
Deferred government assistance |  |  | 3 |  |  |  |  |
Other expense accruals |  |  | 159 |  |  |  | 111 |
Total |  | $ | 468 |  |  | $ | 373 |
Other noncurrent liabilities: |  |  |  |  |  |  |  |
Income tax liability |  | $ | 80 |  |  | $ | 81 |
Interest rate swap market valuation |  |  | 5 |  |  |  | 20 |
Deferred income tax liability |  |  | 53 |  |  |  | 34 |
Workplace injury costs |  |  | 13 |  |  |  | 13 |
Warranty reserves |  |  | 64 |  |  |  | 63 |
Deferred government assistance |  |  | 17 |  |  |  | 16 |
Other noncurrent liabilities |  |  | 165 |  |  |  | 92 |
Total |  | $ | 397 |  |  | $ | 319 |
Cash, cash equivalents and restricted cash at —
|  | December 31, 2024 |  |  | December 31, 2023 |  |  | December 31, 2022 |  |  | December 31, 2021 |
Cash and cash equivalents |  | $ | 494 |  |  | $ | 529 |  |  | $ | 425 |  |  | $ | 268 |
Restricted cash included in other current assets |  |  | 9 |  |  |  | 23 |  |  |  | 7 |  |  |  | 9 |
Restricted cash included in other noncurrent assets |  |  | 9 |  |  |  | 11 |  |  |  | 10 |  |  |  | 10 |
Total cash, cash equivalents and restricted cash |  | $ | 512 |  |  | $ | 563 |  |  | $ | 442 |  |  | $ | 287 |
Supplemental cash flow information —
|  | 2024 |  |  | 2023 |  |  | 2022 |
Change in working capital: |  |  |  |  |  |  |  |  |  |  |  |
Change in accounts receivable |  | $ | 94 |  |  | $ | 12 |  |  | $ | (81 | )
Change in inventories |  |  | 55 |  |  |  | (42 | ) |  |  | (99 | )
Change in accounts payable |  |  | (154 | ) |  |  | (88 | ) |  |  | 343 |
Change in accrued payroll and employee benefits |  |  | (37 | ) |  |  | 73 |  |  |  | 36 |
Change in accrued income taxes |  |  | (4 | ) |  |  | 54 |  |  |  | 10 |
Change in other current assets and liabilities |  |  | 73 |  |  |  | 61 |  |  |  | (10 | )
Net |  | $ | 27 |  |  | $ | 70 |  |  | $ | 199 |
Cash paid during the period for: |  |  |  |  |  |  |  |  |  |  |  |
Interest |  | $ | 159 |  |  | $ | 128 |  |  | $ | 117 |
Income taxes |  |  | 172 |  |  |  | 148 |  |  |  | 132 |
Noncash investing and financing activities: |  |  |  |  |  |  |  |  |  |  |  |
Purchases of property, plant and equipment held in accounts payable |  | $ | 48 |  |  | $ | 48 |  |  | $ | 74 |
Stock compensation plans |  |  | 27 |  |  |  | 26 |  |  |  | 17 |
Noncash dividends declared |  |  | 1 |  |  |  | 1 |  |  |  | 1 |
Supplier finance programs information —
|  | 2024 |
Confirmed obligations outstanding at the beginning of the year |  | $ | 69 |
Invoices confirmed during the year |  |  | 243 |
Confirmed invoices paid during the year |  |  | (249 | )
Confirmed obligations outstanding at the end of the year |  | $ | 63 |

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