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Consolidated Statement of Operations - USD ($)
$ in Thousands, shares in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Net sales $ 8,945,000 $ 7,106,000 $ 8,620,000
Costs and expenses      
Cost of sales 8,108,000 6,485,000 7,489,000
Selling, general and administrative expenses 460,000 421,000 508,000
Amortization of intangibles 14,000 13,000 12,000
Restructuring charges, net 0 34,000 29,000
Impairment of goodwill   (51,000) (6,000)
Pension settlement charges     (259,000)
Other income (expense), net 32,000 22,000 (25,000)
Earnings before interest and income taxes 395,000 124,000 292,000
Loss on extinguishment of debt (29,000) (8,000) (9,000)
Interest income 9,000 9,000 10,000
Interest expense 131,000 138,000 122,000
Earnings (loss) before income taxes 244,000 (13,000) 171,000
Income tax expense (benefit) 72,000 58,000 (32,000)
Equity in earnings of affiliates 28,000 20,000 30,000
Net income (loss) 200,000 (51,000) 233,000
Less: Noncontrolling interests net income 14,000 10,000 13,000
Less: Redeemable noncontrolling interests net loss (11,000) (30,000) (6,000)
Net income (loss) attributable to the parent company $ 197,000 $ (31,000) $ 226,000
Net income (loss) per share available to common stockholders      
Basic (in dollars per share) $ 1.36 $ (0.21) $ 1.57
Diluted (in dollars per share) $ 1.35 $ (0.21) $ 1.56
Weighted-average common shares outstanding      
Basic (in shares) 144.8 144.5 144.0
Diluted (in shares) 146.2 144.5 145.1