Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions	3 Months Ended
Mar. 31, 2020	Mar. 31, 2019
Income Statement [Abstract]
Revenue	$ 604	$ 785
Operating expenses:
Cost of products	487	627
Warehousing, selling and administrative	130	135
Impairment charges	320
Operating profit (loss)	(333)	23
Other expense		(4)
Income (loss) before income taxes	(333)	19
Income tax provision (benefit)	(2)	1
Net income (loss)	$ (331)	$ 18
Earnings (loss) per share:
Basic earnings (loss) per common share	$ (3.03)	$ 0.17
Diluted earnings (loss) per common share	$ (3.03)	$ 0.16
Weighted-average common shares outstanding, basic	109,251,892	108,556,369
Weighted-average common shares outstanding, diluted	109,251,892	109,060,795

The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses excluding Impairment charges. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc.

No definition available.