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Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Net sales $ 946 $ 870
Cost of sales 789 737
Gross profit 157 133
Selling, general and administrative expense 82 79
Gain on disposition 44 0
Asset impairments 25 0
Business realignment costs 9 7
Other operating expense (income), net 9 (6)
Operating income 76 53
Interest expense, net 83 83
Loss on extinguishment of debt 0 3
Other non-operating (income) expense, net (1) 2
Loss before income tax and earnings from unconsolidated entities (6) (35)
Income tax expense 8 8
Loss before earnings from unconsolidated entities (14) (43)
Earnings from unconsolidated entities, net of taxes 1 1
Net loss $ (13) $ (42)