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Note 19 - Segments - Reconciliation of Segment EBITDA to Consolidated Net Income (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Segment EBITDA $ 164 $ 234 $ 334 $ 469
Corporate expense and other items, net (2) (1) (2) (2)
Depreciation (91) (92) (182) (180)
Amortization (5) (5) (11) (12)
Non-service cost components of pension and OPEB costs (3) (3) (3) (5)
Restructuring charges, net (1) (1)
Stock compensation expense (4) (4) (8) (9)
Strategic transaction expenses (1) (5) (5) (8)
Gain (loss) on investment in Hyliion 3 (14)
Loss on disposal group held for sale (7)
Loss on de-designation of fixed-to-fixed cross currency swaps (9) (9)
Other items 2 (5) 2 (1)
Earnings before interest and income taxes 59 113 125 221
Loss on extinguishment of debt (24) (24)
Interest income 2 2 4 4
Interest expense 32 34 63 68
Earnings before income taxes 29 57 66 133
Income tax expense 18 14 36 36
Equity in earnings (loss) of affiliates (1) 10 24
Net income $ 10 $ 53 $ 30 $ 121