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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Net sales (Note 3) $ 1,728 $ 1,643
Costs of sales 1,382 1,322
Gross margin 346 321
Selling expenses 22 21
General and administrative expenses 74 89
Other operating costs, net (Note 15) 10 37
Operating income 240 174
Non-operating pension and other postretirement benefit costs (Note 7) (9) (470)
Interest income and other 1 10
Interest expense, net of capitalized interest (85) (107)
Earnings (loss) before income taxes 147 (393)
Income taxes (Note 16) 3 104
Net earnings (loss) $ 150 $ (289)
Earnings (loss) per share, basic and diluted (Note 4) $ 0.20 $ (0.39)
Weighted average shares outstanding (in thousands) (Note 4):    
Basic 746,534 746,603
Diluted 747,155 746,603