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CONDENSED CONSOLIDATED RESULTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CONDENSED CONSOLIDATED RESULTS OF OPERATIONS    
Net sales $ 1,593 $ 1,831
Revenue, Product and Service [Extensible List] us-gaap:ProductMember us-gaap:ProductMember
Cost of goods sold $ (1,275) $ (1,347)
Gross profit 318 484
Selling and administrative expense (123) (147)
Research, development and engineering expense (21) (19)
Interest expense, net (78) (68)
Equity earnings 25 30
Other expense, net (4) (10)
Earnings before income taxes 117 270
Provision for income taxes (41) (60)
Net earnings 76 210
Net earnings attributable to non-controlling interests (4) (4)
Net earnings attributable to the Company $ 72 $ 206
Basic earnings per share:    
Net earnings attributable to the Company (in dollars per share) $ 0.46 $ 1.33
Weighted average shares outstanding (thousands) (in shares) 154,273 154,696
Diluted earnings per share:    
Net earnings attributable to the Company (in dollars per share) $ 0.45 $ 1.29
Weighted average diluted shares outstanding (thousands) (in shares) 158,467 159,094