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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Net revenues $ 3,445 $ 3,147 $ 2,883
Related party net revenues 111 116 149
Total net revenues 3,556 3,263 3,032
Cost of sales (2,745) (2,290) (2,152)
Gross profit 811 973 880
Selling, general and administrative expenses (320) (358) (305)
Other expense, net (13) (29) (65)
Income from operations 478 586 510
Interest expense, net (48) (70) (209)
Income before income taxes 430 516 301
Income tax expense (106) (153) (76)
Net income $ 324 $ 363 $ 225
Earnings per share      
Basic $ 1.54 $ 1.78 $ 1.45
Diluted $ 1.54 $ 1.77 $ 1.45
Weighted average shares outstanding:      
Basic 209.8 204.5 155.5
Diluted 209.8 204.5 155.5