CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended	9 Months Ended
Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Statement [Abstract]
Net sales	$ 1,370	$ 1,273	$ 4,412	$ 5,060
Cost of sales	926	896	2,880	3,016
Gross margin	444	377	1,532	2,044
Selling, general and administrative expenses	78	68	242	213
U.K. operations restructuring	0	5	0	7
Business Combination, Acquisition Related Costs	0	11	4	27
Other operating—net	4	13	(18)	(19)
Total other operating costs and expenses	82	97	228	228
Equity in earnings (losses) of operating affiliate	2	(36)	1	(12)
Operating earnings	364	244	1,305	1,804
Interest expense	0	39	74	115
Interest income	(32)	(45)	(90)	(115)
Other non-operating—net	(4)	(3)	(8)	(8)
Earnings before income taxes	400	253	1,329	1,812
Income tax provision	59	23	244	326
Net earnings	341	230	1,085	1,486
Less: Net earnings attributable to noncontrolling interest	65	66	195	235
Net earnings attributable to common stockholders	$ 276	$ 164	$ 890	$ 1,251
Net earnings per share attributable to common stockholders:
Basic (in dollars per share)	$ 1.55	$ 0.85	$ 4.87	$ 6.44
Diluted (in dollars per share)	$ 1.55	$ 0.85	$ 4.86	$ 6.42
Weighted average common shares outstanding:
Basic (in shares)	178.4	192.4	182.9	194.4
Diluted (in shares)	178.6	192.9	183.1	194.9
Dividends declared per common share (in dollars per share)	$ 0.50	$ 0.40	$ 1.50	$ 1.20

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.