XML 48 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Net sales $ 1,065 $ 1,347 $ 3,231 $ 3,977
Cost of sales 905 1,188 2,753 3,487
Gross profit 160 159 478 490
Selling, general and administrative expense 71 82 229 269
Business realignment costs 3 6 11 24
Other operating expense (income), net 12 4 22 7
Operating income 74 67 216 190
Interest expense, net 84 77 245 230
Gain on extinguishment of debt (14) 0 (14) 0
Other non-operating expense (income), net 0 18 (1) 23
Income (loss) before income tax and earnings from unconsolidated entities 4 (28) (14) (63)
Income tax expense 1 2 28 17
Income (loss) before earnings from unconsolidated entities 3 (30) (42) (80)
Earnings from unconsolidated entities, net of taxes 4 4 13 14
Net income (loss) $ 7 $ (26) $ (29) $ (66)