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CONDENSED CONSOLIDATED RESULTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CONDENSED CONSOLIDATED RESULTS OF OPERATIONS    
Net sales $ 1,692 $ 1,500
Revenue, Product and Service [Extensible List] us-gaap:ProductMember us-gaap:ProductMember
Cost of goods sold $ (1,388) $ (1,256)
Gross profit 304 244
Selling and administrative expense (119) (102)
Research, development and engineering expense (23) (18)
Interest expense, net (66) (51)
Equity earnings 23 18
Other income (expense), net 51 (156)
Earnings (loss) before income taxes 170 (65)
Provision for income taxes (48) (26)
Net earnings (loss) 122 (91)
Net earnings attributable to non-controlling interests (34) (6)
Net earnings (loss) attributable to the Company $ 88 $ (97)
Basic earnings per share:    
Net earnings (loss) attributable to the Company (in dollars per share) $ 0.56 $ (0.62)
Weighted average shares outstanding (thousands) (in shares) 155,849 157,571
Diluted earnings per share:    
Net earnings (loss) attributable to the Company (in dollars per share) $ 0.55 $ (0.62)
Weighted average diluted shares outstanding (thousands) (in shares) 158,798 157,571