XML 14 R2.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Statement of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Statement [Abstract]        
Net Sales $ 6,222 $ 3,979 $ 17,628 $ 11,913
Costs and Expenses        
Cost of products sold 4,287 2,880 12,514 8,632
Selling and administrative expenses 493 473 1,505 1,222
Depreciation and amortization 1,099 208 2,050 630
Distribution expenses 524 288 1,457 901
Taxes other than payroll and income taxes 40 30 168 92
Restructuring charges, net 342 55 464 58
Net (gains) losses on sales and impairments of businesses 16 0 (35) 0
Net (gains) losses on sales and impairments of assets 15 0 (52) 0
Interest expense, net 85 52 277 156
Non-operating pension expense (income) (4) (12) (6) (34)
Earnings (Loss) From Continuing Operations Before Income Taxes and Equity Earnings (Loss) (675) 5 (714) 256
Income tax provision (benefit) (250) (107) (242) (385)
Equity earnings (loss), net of taxes (1) (1) (3) (4)
Earnings (Loss) From Continuing Operations (426) 111 (475) 637
Discontinued operations, net of taxes (676) 39 (657) 67
Net Earnings (Loss) $ (1,102) $ 150 $ (1,132) $ 704
Basic Earnings (Loss) Per Share        
Earnings (loss) from continuing operations (in dollars per share) $ (0.81) $ 0.32 $ (0.95) $ 1.83
Discontinued operations, net of taxes (in dollars per share) (1.28) 0.11 (1.32) 0.19
Net earnings (loss) (in dollars per share) (2.09) 0.43 (2.27) 2.02
Diluted Earnings (Loss) Per Share        
Earnings (loss) from continuing operations (in dollars per share) (0.81) 0.31 (0.95) 1.80
Discontinued operations, net of taxes (in dollars per share) (1.28) 0.11 (1.32) 0.19
Net earnings (loss) (in dollars per share) $ (2.09) $ 0.42 $ (2.27) $ 1.99
Average Shares of Common Stock Outstanding - assuming dilution (in shares) 528.0 353.4 498.2 353.6