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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net sales $ 2,709 $ 2,111 $ 4,997 $ 3,997
Cost of products sold 1,827 1,447 3,384 2,716
Gross profit 882 664 1,613 1,281
Selling, general and administrative expenses 572 488 1,106 1,036
Restructuring costs, net 5 8 10 10
Impairment of goodwill, intangibles and other assets 0 5 0 1,480
Operating income (loss) 305 163 497 (1,245)
Non-operating expenses:        
Interest expense, net 65 71 132 134
Other (income) expense, net (3) (1) (4) 11
Income (loss) before income taxes 243 93 369 (1,390)
Income tax provision (benefit) 46 15 83 (189)
Net income (loss) $ 197 $ 78 $ 286 $ (1,201)
Weighted average common shares outstanding:        
Basic (in shares) 425.4 424.2 425.1 424.0
Diluted (in shares) 427.8 424.7 427.7 424.0
Earnings (loss) per share:        
Basic (in USD per share) $ 0.46 $ 0.18 $ 0.67 $ (2.83)
Diluted (in USD per share) $ 0.46 $ 0.18 $ 0.67 $ (2.83)