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Consolidated Statement of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Net sales $ 2,480 $ 2,263
Costs and expenses    
Cost of sales 2,283 2,012
Selling, general and administrative expenses 130 119
Amortization of intangibles 4 4
Restructuring charges, net (1) 1
Other income (expense), net 2 (19)
Earnings before interest and income taxes 66 108
Interest income 2 2
Interest expense 31 34
Earnings before income taxes 37 76
Income tax expense 18 22
Equity in earnings of affiliates 1 14
Net income 20 68
Less: Noncontrolling interests net income 4 1
Less: Redeemable noncontrolling interests net loss (1) (4)
Net income attributable to the parent company $ 17 $ 71
Net income per share available to common stockholders    
Basic (in dollars per share) $ 0.12 $ 0.49
Diluted (in dollars per share) $ 0.12 $ 0.48
Weighted-average common shares outstanding    
Basic (in shares) 144.2 144.9
Diluted (in shares) 145.3 146.4