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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Net sales $ 2,012 $ 2,868
Cost of sales 1,149 1,170
Gross margin 863 1,698
Selling, general and administrative expenses 74 64
U.K. operations restructuring 2 0
Business Combination, Acquisition Related Costs 13 0
Other operating—net (35) 2
Total other operating costs and expenses 54 66
Equity in earnings of operating affiliate 17 26
Operating earnings 826 1,658
Interest expense 40 241
Interest income (30) (36)
Other non-operating—net (3) 1
Earnings before income taxes 819 1,452
Income tax provision (benefit) 169 401
Net earnings 650 1,051
Less: Net earnings attributable to noncontrolling interest 90 168
Net earnings attributable to common stockholders $ 560 $ 883
Net earnings per share attributable to common stockholders:    
Basic (in dollars per share) $ 2.86 $ 4.23
Diluted (in dollars per share) $ 2.85 $ 4.21
Weighted average common shares outstanding:    
Basic (in shares) 196.2 208.6
Diluted (in shares) 196.9 209.9
Dividends declared per common share (in dollars per share) $ 0.40 $ 0.30