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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 313,000,000 $ 387,000,000
Receivables, net 304,000,000 198,000,000
Inventories, net 250,000,000 262,000,000
Prepaid and other current assets 16,000,000 14,000,000
Total current assets 883,000,000 861,000,000
Property, plant and equipment, net 111,000,000 98,000,000
Deferred income taxes 0 1,000,000
Goodwill 67,000,000 0
Intangibles, net 9,000,000 0
Other assets 34,000,000 48,000,000
Total assets 1,104,000,000 1,008,000,000
Current liabilities:    
Accounts payable 235,000,000 172,000,000
Accrued liabilities 112,000,000 95,000,000
Other current liabilities 22,000,000 5,000,000
Total current liabilities 369,000,000 272,000,000
Long-term operating lease liabilities 17,000,000 25,000,000
Other long-term liabilities 6,000,000 12,000,000
Total liabilities 392,000,000 309,000,000
Commitments and contingencies
Stockholders' equity:    
Preferred stock - par value $0.01; 20 million shares authorized; no shares issued and outstanding 0 0
Common stock - par value $0.01; 330 million shares authorized; 110,558,831 and 109,951,610 shares issued and outstanding at December 31, 2021 and 2020, respectively 1,000,000 1,000,000
Additional paid-in capital 2,061,000,000 2,051,000,000
Accumulated deficit (1,203,000,000) (1,208,000,000)
Accumulated other comprehensive loss (147,000,000) (145,000,000)
Total stockholders' equity 712,000,000 699,000,000
Total liabilities and stockholders' equity $ 1,104,000,000 $ 1,008,000,000