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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Statement [Abstract]        
Net sales (Note 3) $ 1,717 $ 1,681 $ 5,364 $ 5,416
Costs of sales 1,513 1,431 4,500 4,407
Gross margin 204 250 864 1,009
Selling expenses 23 22 69 66
General and administrative expenses 107 122 340 358
Other operating (income) costs, net (Note 13) (49) 28 (25) 41
Operating income 123 78 480 544
Non-operating pension and other post-employment benefit costs (Note 6) (19) (10) (57) (31)
Interest income and other 6 14 17 43
Interest expense, net of capitalized interest (71) (69) (203) (203)
Earnings before income taxes 39 13 237 353
Income taxes (Note 14) 41 15 13 (38)
Net earnings $ 80 $ 28 $ 250 $ 315
Earnings per share, basic (Note 4) $ 0.11 $ 0.04 $ 0.35 $ 0.43
Earnings per share, diluted (Note 4) $ 0.11 $ 0.04 $ 0.35 $ 0.43
Weighted average shares outstanding (in thousands) (Note 4):        
Basic 721,598 727,621 723,791 728,892
Diluted 722,012 728,180 724,151 729,355