CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended
Mar. 31, 2025	Mar. 31, 2024
Income Statement [Abstract]
Net sales	$ 1,663	$ 1,470
Cost of sales	1,091	1,061
Gross margin	572	409
Selling, general and administrative expenses	84	88
U.K. operations restructuring	23	0
Integration costs	0	3
Other operating—net	14	17
Total other operating costs and expenses	121	108
Equity in earnings of operating affiliate	4	2
Operating earnings	455	303
Interest expense	37	37
Interest income	(17)	(30)
Other non-operating—net	(2)	(4)
Earnings before income taxes	437	300
Income tax provision	86	62
Net earnings	351	238
Less: Net earnings attributable to noncontrolling interest	39	44
Net earnings attributable to common stockholders	$ 312	$ 194
Net earnings per share attributable to common stockholders:
Basic (in dollars per share)	$ 1.85	$ 1.03
Diluted (in dollars per share)	$ 1.85	$ 1.03
Weighted average common shares outstanding:
Basic (in shares)	168.6	187.6
Diluted (in shares)	168.8	188.1
Dividends declared per common share (in dollars per share)	$ 0.50	$ 0.50

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.