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CONSOLIDATED INCOME STATEMENTS (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Profit or loss [abstract]        
Net sales to third parties $ 1,198 $ 1,863 $ 3,020 $ 3,640
Other revenues 16 40 35 87
Net sales and other revenues 1,214 1,903 3,055 3,727
Cost of net sales (854) (922) (1,806) (1,847)
Cost of other revenues (15) (34) (32) (81)
Gross profit 345 947 1,217 1,799
Selling, general & administration (595) (760) (1,272) (1,416)
Research & development (163) (167) (302) (313)
Other income 9 6 18 18
Other expense (62) (79) (155) (189)
Operating (loss) (466) (53) (494) (101)
Interest expense (30) (35) (61) (44)
Other financial income & expense (6) (8) (16) (16)
(Loss) before taxes (502) (96) (571) (161)
Taxes 80 (294) 92 (338)
Net (loss) $ (422) $ (390) $ (479) $ (499)
(Loss) per share        
Basic (in dollars per share) $ (0.86) $ (0.80) $ (0.98) $ (1.02)
Diluted (in dollars per share) $ (0.86) $ (0.80) $ (0.98) $ (1.02)
Weighted average number of shares outstanding        
Basic (in shares) 489.0 488.2 488.8 488.2
Diluted (in shares) 489.0 488.2 488.8 488.2