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CONDENSED CONSOLIDATED RESULTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CONDENSED CONSOLIDATED RESULTS OF OPERATIONS    
Net sales $ 1,500 $ 1,561
Revenue, Product and Service [Extensible List] Net sales Net sales
Cost of goods sold $ (1,256) $ (1,293)
Gross profit 244 268
Selling and administrative expense (102) (116)
Research, development and engineering expense (18) (16)
Interest expense, net (51) (53)
Equity earnings 18 15
Other expense, net (156) (17)
Earnings (loss) before income taxes (65) 81
Provision for income taxes (26) (26)
Net earnings (loss) (91) 55
Net earnings attributable to noncontrolling interests (6) (5)
Net earnings (loss) attributable to the Company $ (97) $ 50
Basic earnings per share:    
Net earnings (loss) attributable to the Company (in dollars per share) $ (0.62) $ 0.32
Weighted average shares outstanding (thousands) (in shares) 157,571 156,081
Diluted earnings per share:    
Net earnings (loss) attributable to the Company (in dollars per share) $ (0.62) $ 0.32
Weighted average diluted shares outstanding (thousands) (in shares) 157,571 157,684