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Condensed Consolidated Statements of Operations (unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]        
Net sales $ 3,935 $ 4,201 $ 12,133 $ 14,089
Cost of goods sold (exclusive of depreciation and amortization) 3,309 3,794 10,287 12,199
Selling, general and administrative expenses 189 164 545 509
Depreciation and amortization 139 133 406 405
Interest expense and amortization of debt issuance costs 73 75 228 198
Research and development expenses 24 23 72 69
Loss on extinguishment of debt, net 0 0 5 0
Restructuring and impairment expenses, net 26 5 33 7
Equity in net loss (income) of non-consolidated affiliates 6 (6) (1) (14)
Other (income) expenses, net (6) 7 (35) 67
Total expenses 3,760 4,195 11,540 13,440
Income from continuing operations before income tax provision 175 6 593 649
Income tax provision (benefit) 54 (6) 159 146
Net income from continuing operations 121 12 434 503
Loss from discontinued operations, net of tax 0 0 0 (2)
Net income 121 12 434 501
Net loss attributable to noncontrolling interests 0 0 0 (1)
Net income attributable to our common shareholder $ 121 $ 12 $ 434 $ 502