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CONDENSED CONSOLIDATED RESULTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
CONDENSED CONSOLIDATED RESULTS OF OPERATIONS        
Net sales $ 1,660 $ 1,418 $ 3,161 $ 2,979
Revenue, Product and Service [Extensible List] Net sales Net sales Net sales Net sales
Cost of goods sold $ (1,354) $ (1,255) $ (2,609) $ (2,548)
Gross profit 306 163 552 431
Selling and administrative expense (116) (97) (218) (213)
Research, development and engineering expense (19) (13) (37) (29)
Interest expense, net (52) (98) (103) (151)
Equity earnings 22 13 40 28
Other income (expense), net 57 (87) (101) (104)
Earnings (loss) before income taxes 198 (119) 133 (38)
Benefit (provision) for income taxes (75) 18 (100) (8)
Net earnings (loss) 123 (101) 33 (46)
Net earnings attributable to noncontrolling interests (5)   (12) (5)
Net earnings (loss) attributable to the Company $ 118 $ (101) $ 21 $ (51)
Basic earnings per share:        
Net earnings (loss) attributable to the Company (in dollars per share) $ 0.75 $ (0.64) $ 0.13 $ (0.32)
Weighted average shares outstanding (thousands) (in shares) 157,902 156,790 157,737 156,435
Diluted earnings per share:        
Net earnings (loss) attributable to the Company (in dollars per share) $ 0.73 $ (0.64) $ 0.13 $ (0.32)
Weighted average diluted shares outstanding (thousands) (in shares) 160,791 156,790 160,459 156,435