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Consolidated Statement Of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Net sales $ 2,138 $ 1,701
Costs and expenses    
Cost of sales 1,831 1,437
Selling, general and administrative expenses 130 120
Amortization of intangibles 2 2
Restructuring charges, net 1 2
Other expense, net (11)
Earnings before interest and income taxes 174 129
Interest income 3 3
Interest expense 24 27
Earnings before income taxes 153 105
Income tax expense 48 30
Equity in earnings of affiliates 6 5
Net income 111 80
Less: Noncontrolling interests net income 2 5
Less: Redeemable noncontrolling interests net income 1
Net income attributable to the parent company $ 108 $ 75
Net income per share available to common stockholders    
Basic $ 0.74 $ 0.52
Diluted $ 0.73 $ 0.51
Weighted-average common shares outstanding - Basic 145.6 144.6
Weighted-average common shares outstanding - Diluted 147.5 145.9
Cash dividends declared per share $ 0.10 $ 0.06