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Condensed Consolidated Statements of Operations (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Net sales $ 1,249 $ 1,177 $ 3,691 $ 3,672
Cost of sales 1,092 1,037 3,239 3,189
Gross profit 157 140 452 483
Selling, general and administrative expense 93 74 274 238
Asset impairments 0 0 7 23
Business realignment costs 4 11 15 29
Other operating expense (income), net 2 4 4 3
Operating income 58 51 152 190
Interest expense, net 77 66 227 198
Loss on extinguishment of debt 0 0 6 0
Other non-operating (income) expense, net (2) (2) 1 (1)
(Loss) income from continuing operations before income tax and earnings from unconsolidated entities (17) (13) (82) (7)
Income tax benefit 57 (351) 31 (349)
Income from continuing operations before earnings from unconsolidated entities (74) 338 (113) 342
Earnings from unconsolidated entities, net of taxes (2) 4 5 15
Net income $ (76) $ 342 $ (108) $ 357