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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Net revenues $ 938 $ 876 $ 2,652 $ 2,455
Related party net revenues 29 29 77 79
Total net revenues 967 905 2,729 2,534
Cost of sales (789) (723) (2,199) (1,952)
Gross profit 178 182 530 582
Selling, general and administrative expenses (90) (77) (264) (244)
Other expense, net (5) (5) (17) (10)
Income from operations 83 100 249 328
Interest expense, net (20) (12) (48) (36)
Income before income taxes 63 88 201 292
Income tax expense (15) (22) (49) (72)
Net income $ 48 $ 66 $ 152 $ 220
Earnings per share:        
Basic $ 0.23 $ 0.31 $ 0.72 $ 1.05
Diluted $ 0.23 $ 0.31 $ 0.72 $ 1.05
Weighted average shares outstanding:        
Basic 209.9 209.7 209.8 209.7
Effect of dilutive securities   0.1 0.1 0.1
Diluted 209.9 209.8 209.9 209.8