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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
Net sales $ 1,048.0 $ 971.0
Cost of sales 759.0 767.0
Gross margin 289.0 204.0
Selling, general and administrative expenses 55.0 54.0
Other operating—net (2.0) 6.0
Total other operating costs and expenses 53.0 60.0
Equity in earnings of operating affiliate 11.0 3.0
Operating earnings 247.0 147.0
Interest expense 48.0 44.0
Interest income 0.0 (1.0)
Loss on debt extinguishment 6.0 0.0
Earnings before income taxes 193.0 104.0
Income tax provision (benefit) 18.0 13.0
Net earnings 175.0 91.0
Less: Net earnings attributable to noncontrolling interest 24.0 23.0
Net earnings attributable to common stockholders $ 151.0 $ 68.0
Net earnings per share attributable to common stockholders:    
Basic (in dollars per share) $ 0.70 $ 0.31
Diluted (in dollars per share) $ 0.70 $ 0.31
Weighted average common shares outstanding:    
Basic (in shares) 214.9 216.0
Diluted (in shares) 216.0 216.6
Dividends declared per common share (in dollars per share) $ 0.30