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Annual report pursuant to Section 13 and 15(d)

ACQUISITIONS - Preliminary Purchase Price Allocation (Details)

v3.24.0.1
ACQUISITIONS - Preliminary Purchase Price Allocation (Details) - USD ($)
$ in Millions
13 Months Ended
Dec. 31, 2022
Dec. 31, 2023
Nov. 18, 2021
Business Acquisition [Line Items] Ìý Ìý Ìý
Goodwill $ 1,130 $ 1,005 Ìý
Ferrous Processing and Trading Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý
Cash and cash equivalents 9 Ìý $ 9
Accounts receivable, net 235 Ìý 233
Inventories 135 Ìý 137
Other current assets 3 Ìý 4
Property, plant and equipment 191 Ìý 179
Other non-current assets 72 Ìý 74
Accounts payable (122) Ìý (122)
Accrued employment costs (8) Ìý (8)
Other current liabilities (6) Ìý (9)
Other non-current liabilities (21) Ìý (21)
Net identifiable assets acquired 488 Ìý 476
Goodwill 293 Ìý 279
Total net assets acquired 781 Ìý $ 755
Measurement Period Adjustments, Cash and cash equivalents 0 Ìý Ìý
Measurement Period Adjustments, Accounts receivable, net 2 Ìý Ìý
Measurement Period Adjustments, Inventories (2) Ìý Ìý
Measurement Period Adjustments, Other current assets (1) Ìý Ìý
Measurement Period Adjustments, Property, plant and equipment 12 Ìý Ìý
Measurement Period Adjustments, Other non-current assets (2) Ìý Ìý
Measurement Period Adjustments, Accounts payable 0 Ìý Ìý
Measurement Period Adjustments, Accrued employment costs 0 Ìý Ìý
Measurement Period Adjustments, Other current liabilities 3 Ìý Ìý
Measurement Period Adjustments, Other non-current liabilities 0 Ìý Ìý
Measurement Period Adjustments, Net identifiable assets acquired 12 Ìý Ìý
Measurement Period Adjustments, Goodwill 14 Ìý Ìý
Measurement Period Adjustments, Total net assets acquired $ 26 Ìý Ìý