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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Statement Of Income And Comprehensive Income [Abstract]        
Net sales $ 664 $ 603 $ 1,341 $ 1,191
Cost of sales 353 315 710 612
Gross profit 311 288 631 579
Selling, general and administrative 78 80 153 153
Engineering — research and development 46 41 89 79
Operating income 187 167 389 347
Interest expense, net (30) (30) (59) (59)
Other (expense) income, net (3) 3 (13) 6
Income before income taxes 154 140 317 294
Income tax expense (32) (30) (66) (64)
Net income $ 122 $ 110 $ 251 $ 230
Basic earnings per share attributable to common stockholders $ 1.26 $ 1.01 $ 2.59 $ 2.09
Diluted earnings per share attributable to common stockholders $ 1.26 $ 1.01 $ 2.56 $ 2.07
Comprehensive income, net of tax $ 118 $ 113 $ 264 $ 236