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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]    
Net sales $ 1,986 $ 1,663
Cost of sales 1,240 1,091
Gross margin 746 572
Selling, general and administrative expenses 103 84
U.K. operations restructuring 0 23
Litigation settlement gain (170) 0
Other operating (income) expense—net (44) 14
Total other operating (income) expense—net (111) 121
Equity in earnings of operating affiliate 6 4
Operating earnings 863 455
Interest expense 39 37
Interest income (20) (17)
Other non-operating expense (income)—net 0 (2)
Earnings before income taxes 844 437
Income tax provision 168 86
Net earnings 676 351
Less: Net earnings attributable to noncontrolling interests 61 39
Net earnings attributable to common stockholders $ 615 $ 312
Net earnings per share attributable to common stockholders:    
Basic (in dollars per share) $ 3.99 $ 1.85
Diluted (in dollars per share) $ 3.98 $ 1.85
Weighted average common shares outstanding:    
Basic (in shares) 154.2 168.6
Diluted (in shares) 154.5 168.8
Dividends declared per common share (in dollars per share) $ 0.50 $ 0.50