XML 15 R2.htm IDEA: XBRL DOCUMENT v3.25.1
CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Net sales $ 1,229 $ 1,292
Cost of goods sold (999) (995)
Gross profit 230 297
Selling, general and administrative expenses (161) (139)
Operating profit 69 158
Other income (expense)    
Interest income 2 4
Interest expense (43) (15)
Other income (expense) – net  (2) (10)
Income (loss) before income taxes 26 137
(Provision for) benefit from income taxes (5) (28)
Net income (loss) $ 21 $ 109
Earnings (loss) per share    
Basic (in dollars per share) $ 0.32 $ 1.62
Diluted (in dollars per share) $ 0.31 $ 1.60
Weighted average number of shares outstanding in per share calculation    
Basic (in shares) 66.3 67.0
Diluted (in shares) 66.9 67.9
Comprehensive income (loss) $ 53 $ 80