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Consolidated Statement of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Net sales $ 1,926 $ 2,163
Costs and expenses    
Cost of sales 1,720 1,863
Selling, general and administrative expenses 106 136
Amortization of intangibles 3 2
Restructuring charges, net 3 9
Impairment of goodwill (51)  
Other income (expense), net 4 (13)
Earnings before interest and income taxes 47 140
Interest income 2 2
Interest expense 29 27
Earnings before income taxes 20 115
Income tax expense (benefit) (16) 20
Equity in earnings of affiliates 2 6
Net income 38 101
Less: Noncontrolling interests net income 2 4
Less: Redeemable noncontrolling interests net loss (2) (1)
Net income attributable to the parent company $ 38 $ 98
Net income per share available to common stockholders    
Basic (in dollars per share) $ 0.26 $ 0.68
Diluted (in dollars per share) $ 0.26 $ 0.68
Weighted-average common shares outstanding    
Basic (in shares) 144.2 143.9
Diluted (in shares) 144.8 144.8