v3.25.4

Segment Information - Segment Operating Profits and Reporting Segments Totals (Details) - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2025 | Dec. 31, 2024 | Dec. 31, 2023
Segment operating profit: |  |  |
Net sales | $ 6,426 | $ 6,531 | $ 7,105
Cost of goods sold | (5,317) | (5,486) | (5,609)
Selling and administrative expense | (434) | (445) | (540)
Equity earnings | (119) | (79) | (127)
Items excluded from segment operating profit: |  |  |
Charge for goodwill impairment |  |  | (445)
Restructuring, asset impairment and other charges | (443) | (206) | (100)
Equity investment impairment |  | (25) |
Legacy environmental charge | (4) | (11) |
Pension settlement and curtailment charges | (5) | (5) | (19)
Gain on sale of miscellaneous assets | 5 | 6 | 4
Interest expense, net | (341) | (335) | (342)
Earnings (loss) before income taxes | (49) | 38 | 67
Reportable segment totals |  |  |
Segment operating profit: |  |  |
Net sales | 6,330 | 6,404 | 6,982
Equity earnings | (118) | (104) | (124)
Segment operating profit | 846 | 748 | 1,193
Other |  |  |
Segment operating profit: |  |  |
Net sales | 96 | 127 | 123
Retained Corp Costs and Other |  |  |
Segment operating profit: |  |  |
Equity earnings | (1) | 25 | (3)
Items excluded from segment operating profit: |  |  |
Earnings (loss) before income taxes | (107) | (134) | (224)
Americas | Reportable segment totals |  |  |
Segment operating profit: |  |  |
Net sales | 3,641 | 3,584 | 3,865
Cost of goods sold | 2,982 | 3,053 | 3,181
Selling and administrative expense | 177 | 189 | 210
Equity earnings | (93) | (70) | (59)
Other segment expenses (income) | 26 | 20 | 22
Segment operating profit | 549 | 392 | 511
Europe | Reportable segment totals |  |  |
Segment operating profit: |  |  |
Net sales | 2,689 | 2,820 | 3,117
Cost of goods sold | 2,245 | 2,317 | 2,314
Selling and administrative expense | 175 | 178 | 193
Equity earnings | (25) | (34) | (65)
Other segment expenses (income) | (3) | 3 | (7)
Segment operating profit | $ 297 | $ 356 | $ 682

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