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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Net sales (Note 3) $ 1,881 $ 3,112
Costs of sales 1,512 1,647
Gross margin 369 1,465
Selling expenses 22 23
General and administrative expenses 101 92
Other operating costs, net (Note 13) 10 6
Operating income 236 1,344
Non-operating pension and other post-employment benefit costs (Note 6) (9) (15)
Interest income and other 12 (1)
Interest expense, net of capitalized interest (66) (72)
Loss on debt extinguishment (Note 8) 0 (276)
Earnings before income taxes 173 980
Income taxes (Note 14) (22) (209)
Net earnings $ 151 $ 771
Earnings per share, basic (Note 4) $ 0.21 $ 1.03
Earnings per share, diluted (Note 4) $ 0.21 $ 1.03
Weighted average shares outstanding (in thousands) (Note 4):    
Basic 733,163 747,507
Diluted 733,546 748,823