Annual report pursuant to Section 13 and 15(d)

ACQUISITIONS - Preliminary Purchase Price Allocation (Details)

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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]      
Goodwill $ 1,130 $ 1,005  
Ferrous Processing and Trading      
Business Acquisition [Line Items]      
Cash and cash equivalents 9   $ 9
Accounts receivable, net 235   233
Inventories 135   137
Other current assets 3   4
Property, plant and equipment 191   179
Other non-current assets 72   74
Accounts payable (122)   (122)
Accrued employment costs (8)   (8)
Other current liabilities (6)   (9)
Other non-current liabilities (21)   (21)
Net identifiable assets acquired 488   476
Goodwill 293   279
Total net assets acquired 781   $ 755
Measurement Period Adjustments, Cash and cash equivalents 0    
Measurement Period Adjustments, Accounts receivable, net 2    
Measurement Period Adjustments, Inventories (2)    
Measurement Period Adjustments, Other current assets (1)    
Measurement Period Adjustments, Property, plant and equipment 12    
Measurement Period Adjustments, Other non-current assets (2)    
Measurement Period Adjustments, Accounts payable 0    
Measurement Period Adjustments, Accrued employment costs 0    
Measurement Period Adjustments, Other current liabilities 3    
Measurement Period Adjustments, Other non-current liabilities 0    
Measurement Period Adjustments, Net identifiable assets acquired 12    
Measurement Period Adjustments, Goodwill 14    
Measurement Period Adjustments, Total net assets acquired $ 26