$MRC
MRC GLOBAL INC.

2023 Q4 Form 10-Q Financial Statement

#000143774923030876 Filed on November 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $768.0M $888.0M
YoY Change -11.62% -1.77%
Cost Of Revenue $610.0M $705.0M
YoY Change -12.23% -4.6%
Gross Profit $158.0M $183.0M
YoY Change -9.2% 10.91%
Gross Profit Margin 20.57% 20.61%
Selling, General & Admin $125.0M $126.0M
YoY Change 1.63% 5.0%
% of Gross Profit 79.11% 68.85%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $10.00M $10.00M
YoY Change 0.0% 11.11%
% of Gross Profit 6.33% 5.46%
Operating Expenses $125.0M $126.0M
YoY Change 1.63% 5.0%
Operating Profit $33.00M $57.00M
YoY Change -35.29% 26.67%
Interest Expense -$6.000M $9.000M
YoY Change -14.29% 50.0%
% of Operating Profit -18.18% 15.79%
Other Income/Expense, Net $1.000M $1.000M
YoY Change -80.0% -120.0%
Pretax Income $23.00M $49.00M
YoY Change -30.3% 44.12%
Income Tax $2.000M $14.00M
% Of Pretax Income 8.7% 28.57%
Net Earnings $15.00M $35.00M
YoY Change 0.0% 45.83%
Net Earnings / Revenue 1.95% 3.94%
Basic Earnings Per Share $0.34
Diluted Earnings Per Share $0.18 $0.33
COMMON SHARES
Basic Shares Outstanding 84.30M 84.01M
Diluted Shares Outstanding 105.9M

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $131.0M $52.00M
YoY Change 309.38% 79.31%
Cash & Equivalents $131.0M $52.00M
Short-Term Investments
Other Short-Term Assets $34.00M $35.00M
YoY Change 9.68% 16.67%
Inventory $560.0M $620.0M
Prepaid Expenses
Receivables $430.0M $518.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.155B $1.225B
YoY Change 1.14% 4.79%
LONG-TERM ASSETS
Property, Plant & Equipment $78.00M $77.00M
YoY Change -4.88% -7.23%
Goodwill $264.0M $264.0M
YoY Change 0.0% 0.0%
Intangibles $163.0M $168.0M
YoY Change -10.93% -11.11%
Long-Term Investments
YoY Change
Other Assets $21.00M $18.00M
YoY Change -4.55% -21.74%
Total Long-Term Assets $731.0M $733.0M
YoY Change -2.92% -2.66%
TOTAL ASSETS
Total Short-Term Assets $1.155B $1.225B
Total Long-Term Assets $731.0M $733.0M
Total Assets $1.886B $1.958B
YoY Change -0.47% 1.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $355.0M $438.0M
YoY Change -13.41% -8.56%
Accrued Expenses $102.0M $111.0M
YoY Change -11.3% 15.63%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $292.0M $3.000M
YoY Change 9633.33% 0.0%
Total Short-Term Liabilities $783.0M $590.0M
YoY Change 38.83% -3.59%
LONG-TERM LIABILITIES
Long-Term Debt $9.000M $300.0M
YoY Change -97.33% -11.24%
Other Long-Term Liabilities $20.00M $20.00M
YoY Change -9.09% -9.09%
Total Long-Term Liabilities $29.00M $320.0M
YoY Change -91.92% -11.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $783.0M $590.0M
Total Long-Term Liabilities $29.00M $320.0M
Total Liabilities $812.0M $910.0M
YoY Change -12.03% -6.38%
SHAREHOLDERS EQUITY
Retained Earnings -$678.0M -$693.0M
YoY Change -11.72% -11.49%
Common Stock $1.769B $1.765B
YoY Change 0.57% 0.57%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $488.0M $463.0M
YoY Change
Total Liabilities & Shareholders Equity $1.886B $1.958B
YoY Change -0.47% 1.87%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $15.00M $35.00M
YoY Change 0.0% 45.83%
Depreciation, Depletion And Amortization $10.00M $10.00M
YoY Change 0.0% 11.11%
Cash From Operating Activities $89.00M $102.0M
YoY Change 790.0% 209.09%
INVESTING ACTIVITIES
Capital Expenditures $5.000M $5.000M
YoY Change 66.67% -266.67%
Acquisitions
YoY Change
Other Investing Activities $3.000M -$2.000M
YoY Change 50.0%
Cash From Investing Activities -$2.000M -$7.000M
YoY Change 100.0% 133.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -9.000M -73.00M
YoY Change 28.57% 247.62%
NET CHANGE
Cash From Operating Activities 89.00M 102.0M
Cash From Investing Activities -2.000M -7.000M
Cash From Financing Activities -9.000M -73.00M
Net Change In Cash 78.00M 22.00M
YoY Change 3800.0% 144.44%
FREE CASH FLOW
Cash From Operating Activities $89.00M $102.0M
Capital Expenditures $5.000M $5.000M
Free Cash Flow $84.00M $97.00M
YoY Change 1100.0% 169.44%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q3 mrc Temporary Equity Dividend Rate Percentage
TemporaryEquityDividendRatePercentage
0.065 pure
CY2022Q4 mrc Temporary Equity Dividend Rate Percentage
TemporaryEquityDividendRatePercentage
0.065 pure
CY2023Q3 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.01
CY2023Q3 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
363000
CY2022Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
363000
CY2023Q3 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
363000
CY2022Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
363000
CY2023Q3 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
363000
CY2022Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
363000
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
108512938
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
107864421
CY2023Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
24216330
CY2022Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
24216330
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
888000000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
904000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2644000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2494000000 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
9000000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
6000000 usd
us-gaap Interest Expense
InterestExpense
26000000 usd
us-gaap Interest Expense
InterestExpense
17000000 usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1000000 usd
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-11000000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
29000000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
18000000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
75000000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
36000000 usd
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.34
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.22
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.89
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.43
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.88
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
CY2023Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-35479
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
20-5956993
dei Entity Address Address Line1
EntityAddressAddressLine1
1301 McKinney Street, Suite 2300
dei Entity Address City Or Town
EntityAddressCityOrTown
Houston
dei Entity Address State Or Province
EntityAddressStateOrProvince
TX
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
77010
dei City Area Code
CityAreaCode
877
dei Local Phone Number
LocalPhoneNumber
294-7574
dei Security12b Title
Security12bTitle
Common Stock, par value $0.01
dei Trading Symbol
TradingSymbol
MRC
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
84301902
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
52000000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
32000000 usd
CY2023Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
518000000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
501000000 usd
CY2023Q3 us-gaap Inventory Net
InventoryNet
620000000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
578000000 usd
CY2023Q3 us-gaap Other Assets Current
OtherAssetsCurrent
35000000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
31000000 usd
CY2023Q3 us-gaap Assets Current
AssetsCurrent
1225000000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
1142000000 usd
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
206000000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
202000000 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
77000000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
82000000 usd
CY2023Q3 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
18000000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
22000000 usd
CY2023Q3 us-gaap Goodwill
Goodwill
264000000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
264000000 usd
CY2023Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
168000000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
183000000 usd
CY2023Q3 us-gaap Assets
Assets
1958000000 usd
CY2022Q4 us-gaap Assets
Assets
1895000000 usd
CY2023Q3 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
438000000 usd
CY2022Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
410000000 usd
CY2023Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
111000000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
115000000 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
38000000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
36000000 usd
CY2023Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
3000000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
3000000 usd
CY2023Q3 us-gaap Liabilities Current
LiabilitiesCurrent
590000000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
564000000 usd
CY2023Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
300000000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
337000000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
184000000 usd
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
2000000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
182000000 usd
CY2023Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
46000000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
49000000 usd
CY2023Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
20000000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
22000000 usd
CY2023Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
355000000 usd
CY2022Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
355000000 usd
CY2023Q3 us-gaap Common Stock Value
CommonStockValue
1000000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
1000000 usd
CY2023Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1764000000 usd
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1758000000 usd
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-693000000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-768000000 usd
CY2023Q3 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
375000000 usd
CY2022Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
375000000 usd
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-234000000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-230000000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
463000000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
386000000 usd
CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1958000000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1895000000 usd
CY2023Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
705000000 usd
CY2022Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
739000000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2107000000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2042000000 usd
CY2023Q3 us-gaap Gross Profit
GrossProfit
183000000 usd
CY2022Q3 us-gaap Gross Profit
GrossProfit
165000000 usd
us-gaap Gross Profit
GrossProfit
537000000 usd
us-gaap Gross Profit
GrossProfit
452000000 usd
CY2023Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
126000000 usd
CY2022Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
120000000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
378000000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
347000000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
57000000 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
45000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
159000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
105000000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
49000000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
34000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
130000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
77000000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14000000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
37000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23000000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
35000000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
24000000 usd
us-gaap Net Income Loss
NetIncomeLoss
93000000 usd
us-gaap Net Income Loss
NetIncomeLoss
54000000 usd
CY2023Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
6000000 usd
CY2022Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
6000000 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
18000000 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
18000000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84300000
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83600000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84200000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83500000
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
105900000
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
85000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
105800000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
84800000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
35000000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
24000000 usd
us-gaap Net Income Loss
NetIncomeLoss
93000000 usd
us-gaap Net Income Loss
NetIncomeLoss
54000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-4000000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-5000000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-4000000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-9000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
0 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
0 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
0 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
6000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4000000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-5000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3000000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
31000000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
19000000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
89000000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
51000000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
386000000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
34000000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1000000 usd
CY2023Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
4000000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3000000 usd
CY2023Q1 us-gaap Dividends Preferred Stock
DividendsPreferredStock
6000000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
412000000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
24000000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1000000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4000000 usd
CY2023Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
6000000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
435000000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
35000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-4000000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3000000 usd
CY2023Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
6000000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
463000000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
323000000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
16000000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2000000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
3000000 usd
CY2022Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2000000 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3000000 usd
CY2022Q1 us-gaap Dividends Preferred Stock
DividendsPreferredStock
6000000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
339000000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
14000000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-6000000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
3000000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3000000 usd
CY2022Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
6000000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
347000000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
24000000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-5000000 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3000000 usd
CY2022Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
6000000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
363000000 usd
us-gaap Net Income Loss
NetIncomeLoss
93000000 usd
us-gaap Net Income Loss
NetIncomeLoss
54000000 usd
mrc Depreciation And Amortization Gross
DepreciationAndAmortizationGross
15000000 usd
mrc Depreciation And Amortization Gross
DepreciationAndAmortizationGross
14000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15000000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
10000000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
9000000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3000000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1000000 usd
us-gaap Inventory Lifo Reserve Effect On Income Net
InventoryLIFOReserveEffectOnIncomeNet
-3000000 usd
us-gaap Inventory Lifo Reserve Effect On Income Net
InventoryLIFOReserveEffectOnIncomeNet
50000000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-12000000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-13000000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
20000000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
159000000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
45000000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
197000000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4000000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
11000000 usd
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
27000000 usd
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
165000000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-5000000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
18000000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
92000000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-30000000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10000000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8000000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
2000000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
2000000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12000000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-10000000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
776000000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
523000000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
743000000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
569000000 usd
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
2000000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1000000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
-0 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
18000000 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
18000000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4000000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2000000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-58000000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
24000000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
22000000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-16000000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2000000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-3000000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
32000000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
48000000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
52000000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
29000000 usd
us-gaap Interest Paid Net
InterestPaidNet
25000000 usd
us-gaap Interest Paid Net
InterestPaidNet
16000000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
44000000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
25000000 usd
CY2023Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
12000000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
24000000 usd
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
6000000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
9000000 usd
CY2023Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3000000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
8000000 usd
CY2022Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
0 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3000000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
888000000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
904000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2644000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2494000000 usd
CY2023Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
919000000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
876000000 usd
CY2023Q3 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
276000000 usd
CY2022Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
279000000 usd
CY2023Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
23000000 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
19000000 usd
CY2023Q3 us-gaap Inventory Net
InventoryNet
620000000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
578000000 usd
CY2023Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
10000000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
30000000 usd
CY2022Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
10000000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
31000000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
11000000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
43000000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
36000000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
30000000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
27000000 usd
CY2023Q3 mrc Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
184000000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
331000000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
109000000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
222000000 usd
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P12Y
CY2023Q3 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.066 pure
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
303000000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
340000000 usd
CY2023Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
3000000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
3000000 usd
CY2023Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
300000000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
337000000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
35000000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
24000000 usd
us-gaap Net Income Loss
NetIncomeLoss
93000000 usd
us-gaap Net Income Loss
NetIncomeLoss
54000000 usd
CY2023Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
6000000 usd
CY2022Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
6000000 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
18000000 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
18000000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
29000000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
18000000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
75000000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
36000000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84300000
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83600000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84200000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
904000000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83500000
CY2023Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
21600000
CY2022Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1400000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
21600000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1300000
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
105900000
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
85000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
105800000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
84800000
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.34
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.22
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.89
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.43
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.88
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 pure
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
888000000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
904000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2644000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2494000000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
57000000 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
45000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
159000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
105000000 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
9000000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
6000000 usd
us-gaap Interest Expense
InterestExpense
26000000 usd
us-gaap Interest Expense
InterestExpense
17000000 usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1000000 usd
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-11000000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
49000000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
34000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
130000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
77000000 usd
CY2023Q3 us-gaap Assets
Assets
1958000000 usd
CY2022Q4 us-gaap Assets
Assets
1895000000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
888000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2644000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2494000000 usd
CY2023Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
303000000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
340000000 usd

Files In Submission

Name View Source Status
mrc-20230930_cal.xml Edgar Link unprocessable
0001437749-23-030876-index-headers.html Edgar Link pending
0001437749-23-030876-index.html Edgar Link pending
0001437749-23-030876.txt Edgar Link pending
0001437749-23-030876-xbrl.zip Edgar Link pending
ex_561141.htm Edgar Link pending
ex_561142.htm Edgar Link pending
ex_561143.htm Edgar Link pending
ex_592330.htm Edgar Link pending
ex_592331.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
mrc-20230930.xsd Edgar Link pending
mrc20230930_10q.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
mrc20230930_10q_htm.xml Edgar Link completed
mrc-20230930_def.xml Edgar Link unprocessable
mrc-20230930_pre.xml Edgar Link unprocessable
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
mrc-20230930_lab.xml Edgar Link unprocessable