XML 21 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Net sales $ 1,373 $ 1,902 $ 2,228
Cost of sales (1,191) (1,591) (1,798)
Gross profit 182 311 430
Selling, general and administrative expenses (165) (189) (156)
Research, development and engineering expenses, net (407) (562) (466)
Amortization of intangibles (6) (20) (23)
Other income, net 29 0 18
Operating loss (367) (460) (197)
Gain on divestiture and assets impairment charge, net (91) 0 0
Loss from equity method investment (39) (70) (63)
Interest income 9 20 7
Interest expense (20) (12) (1)
Other non-operating items, net (4) 1 0
Loss before income taxes (512) (521) (253)
Income tax expense (32) (1) (42)
Net loss (544) (522) (294)
Less: Net income/(loss) attributable to non-controlling interest 1 (22) (19)
Net loss attributable to controlling interest $ (545) $ (500) $ (276)
Net loss per share - basic and diluted (in dollars per share) $ (4.89) $ (4.92) $ (3.17)
Weighted average number of shares outstanding, (in millions) 111,560 101,620 87,160
Weighted average number of shares outstanding, assuming dilution (in millions) 111,560 101,620 87,160