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Condensed Consolidated Statements of Operations (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Net sales $ 1,293 $ 1,192
Cost of sales 1,129 1,049
Gross profit 164 143
Selling, general and administrative expense 96 92
Business realignment costs 6 9
Other operating expense (income), net 4 (3)
Operating income 58 45
Interest expense, net 77 74
Loss on extinguishment of debt 0 6
Other non-operating (income) expense, net 2 5
(Loss) income from continuing operations before income tax and earnings from unconsolidated entities (21) (40)
Income tax benefit 10 (32)
Income from continuing operations before earnings from unconsolidated entities (31) (8)
Earnings from unconsolidated entities, net of taxes 4 4
Net income $ (27) $ (4)