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Consolidated Statements of Earnings (Loss) and Comprehensive Income (Loss) (Unaudited)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
USD ($)
$ / shares
shares
Income Statement [Abstract]  
Sales $ 1,031
Operating expenses  
Cost of sales, excluding depreciation and amortization 906
Depreciation and amortization 58
Selling, general and administrative 66
Other operating (income) loss, net (NOTE 7) 2
Operating expenses 1,032
Operating income (loss) (1)
Interest expense, net 14
Non-service components of net periodic benefit cost (NOTE 6) (4)
Loss before income taxes and equity loss (11)
Income tax expense (NOTE 8) 3
Equity method investment loss, net of taxes 1
Loss from continuing operations (15)
(Loss) earnings from discontinued operations, net of taxes (NOTE 3) 20
Net (loss) earnings $ 5
Basic net (loss) earnings  
Loss from continuing operations | $ / shares $ (0.27)
(Loss) earnings from discontinued operations | $ / shares 0.36
Basic net (loss) earnings | $ / shares 0.09
Diluted net (loss) earnings  
Loss from continuing operations | $ / shares (0.27)
(Loss) earnings from discontinued operations | $ / shares 0.36
Diluted net (loss) earnings | $ / shares $ 0.09
Weighted average number of common shares outstanding (millions)  
Basic | shares 56.1
Diluted | shares 56.2
Cash dividends per common share | $ / shares $ 0.46
Net (loss) earnings $ 5
Net derivative gains (losses) on cash flow hedges:  
Net gains (losses) arising during the period, net of tax of $(3) (2020 – $16) (49)
Less: Reclassification adjustment for (gains) losses included in net (loss) earnings, net of tax of $(1) (2020 – $(2)) 7
Foreign currency translation adjustments (74)
Change in unrecognized gains and prior service cost related to pension and post-retirement benefit plans, net of tax of $(1) (2020 – $(1)) 1
Other comprehensive income (loss) (115)
Comprehensive income (loss) $ (110)