CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended
Mar. 31, 2022	Mar. 31, 2021
Income Statement [Abstract]
Net sales	$ 2,868	$ 1,048
Cost of sales	1,170	759
Gross margin	1,698	289
Selling, general and administrative expenses	64	55
Other operating—net	2	(2)
Total other operating costs and expenses	66	53
Equity in earnings of operating affiliate	26	11
Operating earnings	1,658	247
Interest expense	241	48
Interest income	(36)	0
Loss on debt extinguishment	0	6
Other non-operating—net	(1)	0
Earnings before income taxes	1,452	193
Income tax provision (benefit)	401	18
Net earnings	1,051	175
Less: Net earnings attributable to noncontrolling interest	168	24
Net earnings attributable to common stockholders	$ 883	$ 151
Net earnings per share attributable to common stockholders:
Basic (in dollars per share)	$ 4.23	$ 0.70
Diluted (in dollars per share)	$ 4.21	$ 0.70
Weighted average common shares outstanding:
Basic (in shares)	208.6	214.9
Diluted (in shares)	209.9	216.0
Dividends declared per common share (in dollars per share)	$ 0.30	$ 0.30

This item represents the entity's proportionate share for the period of the net income (loss) of its operating investees (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. Such amount typically reflects adjustments similar to those made in preparing consolidated statements, including adjustments to eliminate intercompany gains and losses, and to amortize, if appropriate, any difference between cost and underlying equity in net assets of the investees at the date of investment.

No definition available.