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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net sales $ 847.0 $ 1,038.0 $ 3,022.0 $ 3,541.0
Cost of sales 764.0 810.0 2,401.0 2,594.0
Gross margin 83.0 228.0 621.0 947.0
Selling, general and administrative expenses 49.0 56.0 154.0 176.0
Other operating—net (4.0) (30.0) 8.0 (63.0)
Total other operating costs and expenses 45.0 26.0 162.0 113.0
Equity in earnings (losses) of operating affiliate 2.0 (14.0) 8.0 (6.0)
Operating earnings 40.0 188.0 467.0 828.0
Interest expense 48.0 63.0 141.0 182.0
Interest income 0.0 (4.0) (18.0) (12.0)
Other non-operating—net 1.0 (4.0) (2.0) (7.0)
(Loss) earnings before income taxes (9.0) 133.0 346.0 665.0
Income tax provision (benefit) (13.0) 19.0 33.0 113.0
Net earnings 4.0 114.0 313.0 552.0
Less: Net earnings attributable to noncontrolling interest 32.0 49.0 83.0 114.0
Net (loss) earnings attributable to common stockholders $ (28.0) $ 65.0 $ 230.0 $ 438.0
Net earnings per share attributable to common stockholders:        
Basic (in dollars per share) $ (0.13) $ 0.29 $ 1.07 $ 1.98
Diluted (in dollars per share) $ (0.13) $ 0.29 $ 1.07 $ 1.97
Weighted average common shares outstanding:        
Basic (in shares) 213.9 219.0 215.0 221.2
Diluted (in shares) 213.9 220.7 215.3 222.5
Dividends declared per common share (in dollars per share) $ 0.30 $ 0.30 $ 0.90