XML 20 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Net sales $ 10,589 $ 9,385 $ 9,715
Cost of products sold 7,293 6,306 6,496
Gross profit 3,296 3,079 3,219
Selling, general and administrative expenses 2,274 2,189 2,451
Restructuring costs, net 16 21 27
Impairment of goodwill, intangibles and other assets 60 1,503 1,223
Operating income (loss) 946 (634) (482)
Non-operating expenses:      
Interest expense, net 256 274 303
Loss on extinguishment of debt 5 20 28
Other (income) expense, net (8) 78 39
Income (loss) before income taxes 693 (1,006) (852)
Income tax provision (benefit) 121 (236) (1,038)
Income (loss) from continuing operations 572 (770) 186
Loss from discontinued operations, net of tax 0 0 (79)
Net income (loss) $ 572 $ (770) $ 107
Weighted average common shares outstanding:      
Basic (in shares) 425.3 424.1 423.3
Diluted (in shares) 428.0 424.1 423.9
Basic:      
Income (loss) from continuing operations (in USD per share) $ 1.34 $ (1.82) $ 0.44
Loss from discontinued operations (in USD per share) 0 0 (0.19)
Net income (loss) (in USD per share) 1.34 (1.82) 0.25
Diluted:      
Income (loss) from continuing operations (in USD per share) 1.34 (1.82) 0.44
Loss from discontinued operations (in USD per share) 0 0 (0.19)
Net income (loss) (in USD per share) $ 1.34 $ (1.82) $ 0.25