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Consolidated Statement Of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Net sales $ 2,164 $ 1,978 $ 6,633 $ 6,170
Costs and expenses        
Cost of sales 1,882 1,692 5,725 5,269
Selling, general and administrative expenses 128 119 404 383
Amortization of intangibles 2 2 8 6
Restructuring charges, net 5 9 23 17
Impairment of indefinite-lived intangible asset (20)
Adjustment in fair value of disposal group held for sale 3
Pension settlement charge (2)   (260)  
Other expense, net (8) (9) (31) (19)
Earnings before interest and income taxes 137 147 182 459
Interest income 3 3 8 8
Interest expense 31 24 92 71
Earnings before income taxes 109 126 98 396
Income tax expense (benefit) 5 31 (27) 75
Equity in earnings of affiliates 8 1 22 13
Net income 112 96 147 334
Less: Noncontrolling interests net income 3 1 9 6
Less: Redeemable noncontrolling interests net income (loss) (2) (3) 1
Net income attributable to the parent company $ 111 $ 95 $ 141 $ 327
Net income per share available to common stockholders        
Basic $ 0.77 $ 0.66 $ 0.98 $ 2.25
Diluted $ 0.77 $ 0.65 $ 0.97 $ 2.23
Weighted-average common shares outstanding - Basic 144.0 144.7 144.0 145.1
Weighted-average common shares outstanding - Diluted 144.8 145.9 144.8 146.6