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Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Net sales $ 1,087 $ 1,337 $ 2,166 $ 2,630
Cost of sales 925 1,173 1,848 2,299
Gross profit 162 164 318 331
Selling, general and administrative expense 76 93 158 187
Business realignment costs 5 12 8 18
Other operating expense (income), net 2 (1) 10 3
Operating income 79 60 142 123
Interest expense, net 84 76 161 153
Other non-operating expense (income), net 2 3 (1) 5
Loss before income tax and earnings from unconsolidated entities (7) (19) (18) (35)
Income tax expense 1 9 27 15
Loss before earnings from unconsolidated entities (8) (28) (45) (50)
Earnings from unconsolidated entities, net of taxes 6 6 9 10
Net loss $ (2) $ (22) $ (36) $ (40)