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Consolidated Statement of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Net sales $ 2,352 $ 2,735
Costs and expenses    
Cost of sales 2,132 2,491
Selling, general and administrative expenses 132 139
Amortization of intangibles 3 3
Restructuring charges, net 5 5
Loss on disposal group previously held for sale (29)
Other income (expense), net (8) 2
Earnings before interest and income taxes 72 70
Interest income 3 4
Interest expense 39 39
Earnings before income taxes 36 35
Income tax expense 8 37
Equity in earnings of affiliates 2 2
Net income 30 0
Less: Noncontrolling interests net income 5 5
Less: Redeemable noncontrolling interests net loss (8)
Net income attributable to the parent company $ 25 $ 3
Net income per share available to common stockholders    
Basic (in dollars per share) $ 0.17 $ 0.02
Diluted (in dollars per share) $ 0.17 $ 0.02
Weighted-average common shares outstanding    
Basic (in shares) 145.6 144.8
Diluted (in shares) 147.0 144.8