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v3.25.2

Segment Information - Segment Operating Profits and Reporting Segments Totals (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024
Segment operating profit: |  |  |  |
Net sales | $ 1,706 | $ 1,729 | $ 3,273 | $ 3,322
Cost of goods sold | (1,407) | (1,426) | (2,694) | (2,701)
Selling and administrative expense | (106) | (110) | (213) | (233)
Segment operating profit | 225 | 233 | 434 | 468
Items excluded from segment operating profit: |  |  |  |
Retained corporate costs and other | (25) | (32) | (53) | (72)
Restructuring, asset impairment and other charges | (108) |  | (191) |
Legacy environmental charge |  | (10) | (4) | (10)
Gain on sale of miscellaneous assets |  |  | 6 |
Interest expense, net | (85) | (87) | (166) | (165)
Earnings before income taxes | 7 | 104 | 26 | 221
Reportable segment totals |  |  |  |
Segment operating profit: |  |  |  |
Net sales | 1,684 | 1,701 | 3,223 | 3,264
Other |  |  |  |
Segment operating profit: |  |  |  |
Net sales | 22 | 28 | 50 | 58
Americas |  |  |  |
Segment operating profit: |  |  |  |
Cost of goods sold | 772 | 758 | 1,475 | 1,470
Selling and administrative expense | 42 | 47 | 85 | 99
Equity earnings | (19) | (16) | (38) | (35)
Other segment expenses (income) | 13 | 4 | 18 | 11
Segment operating profit | 135 | 106 | 276 | 208
Americas | Reportable segment totals |  |  |  |
Segment operating profit: |  |  |  |
Net sales | 943 | 899 | 1,816 | 1,753
Europe |  |  |  |
Segment operating profit: |  |  |  |
Cost of goods sold | 615 | 642 | 1,173 | 1,177
Selling and administrative expense | 46 | 46 | 92 | 93
Equity earnings | (9) | (13) | (13) | (19)
Other segment expenses (income) | (1) |  | (3) |
Segment operating profit | 90 | 127 | 158 | 260
Europe | Reportable segment totals |  |  |  |
Segment operating profit: |  |  |  |
Net sales | $ 741 | $ 802 | $ 1,407 | $ 1,511

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