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Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Convertible Preferred Stock:    
Temporary Equity, Par or Stated Value Per Share $ 0.01 $ 0.01
Temporary Equity, Shares Authorized 3,000,000.0 3,000,000.0
Temporary Equity, Shares Issued 300,000 300,000
Temporary Equity, Shares Outstanding 300,000 300,000
Temporary Equity, Aggregate Amount of Redemption Requirement $ 276 $ 276
Temporary Equity, Liquidation Preference $ 276 $ 276
Stockholders' Equity:    
Preferred Stock, Par or Stated Value Per Share $ 0.01 $ 0.01
Preferred Stock, Shares Authorized 100,000,000.0 100,000,000.0
Preferred Stock, Shares Issued 0 0
Preferred Stock, Shares Outstanding 0 0
Common Stock, Par or Stated Value Per Share $ 0.01 $ 0.01
Common Stock, Shares Authorized 500,000,000.0 500,000,000.0
Common Stock, Shares, Issued 136,300,000  
Common Stock, Shares, Outstanding 136,300,000  
Cash and Cash Equivalents, at Carrying Value $ 412 $ 447
Accounts receivable, net of allowances of $26 and $24 as of March 31, 2022 and December 31, 2021, respectively 1,071 959
Inventories 805 754
Restricted cash 273 295
Other current assets 415 421
Total current assets 2,976 2,876
Property, plant and equipment, net 680 703
Goodwill 4,570 4,519
Intangibles, net 1,309 1,316
Operating lease assets 395 419
Prepaid pension cost 294 300
Deferred income taxes 716 732
Other assets 775 776
Assets 11,715 11,641
Short-term Debt 83 57
Accounts payable 901 826
Payroll and benefits liabilities 229 389
Contract liabilities 625 516
Settlement liabilities 235 263
Other current liabilities 757 757
Liabilities, Current 2,830 2,808
Long-term debt 5,516 5,505
Pension and indemnity plan liabilities 773 789
Postretirement and postemployment benefits liabilities 119 119
Income tax accruals 115 116
Operating lease liabilities 375 388
Other liabilities 388 383
Liabilities 10,116 10,108
Series A convertible preferred stock: par value $0.01 per share, 3.0 shares authorized, 0.3 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively; redemption amount and liquidation preference of $276 as of March 31, 2022 and December 31, 2021, respectively 274 274
Preferred stock: par value $0.01 per share, 100.0 shares authorized, no shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 0 0
Common stock: par value $0.01 per share, 500.0 shares authorized, 136.3 and 132.2 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 1 1
Paid-in capital 602 515
Retained earnings 993 1,031
Accumulated other comprehensive loss (273) (291)
Stockholders' Equity Attributable to Parent 1,323 1,256
Noncontrolling interests in subsidiaries 2 3
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1,325 1,259
Liabilities and Equity 11,715 11,641
Accounts Receivable, Allowance for Credit Loss, Current $ (26) $ (24)