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CONSOLIDATED RESULTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CONSOLIDATED RESULTS OF OPERATIONS    
Net sales $ 1,561 $ 1,638
Revenue, Product and Service [Extensible List] Net sales Net sales
Cost of goods sold $ (1,293) $ (1,340)
Gross profit 268 298
Selling and administrative expense (116) (115)
Research, development and engineering expense (16) (16)
Interest expense, net (53) (65)
Equity earnings 15 19
Other expense, net (17) (10)
Earnings before income taxes 81 111
Provision for income taxes (26) (27)
Net earnings 55 84
Net earnings attributable to noncontrolling interests (5) (5)
Net earnings attributable to the Company $ 50 $ 79
Basic earnings per share:    
Net earnings attributable to the Company (in dollars per share) $ 0.32 $ 0.51
Weighted average shares outstanding (thousands) (in shares) 156,081 154,361
Diluted earnings per share:    
Net earnings attributable to the Company (in dollars per share) $ 0.32 $ 0.51
Weighted average diluted shares outstanding (thousands) (in shares) 157,684 156,635