Three Months Ended

Nine Months Ended

September 30,

2022

2021

2022

2021

Segment EBITDA

$

190

$

212

$

524

$

681

Corporate expense and other items, net

2

(2

)

(4

)

Depreciation

(88

)

(92

)

(270

)

(272

)

Amortization

(6

)

(6

)

(17

)

(18

)

Non-service cost components of pension and OPEB costs

(2

)

(3

)

(7

)

Restructuring charges, net

1

(1

)

1

(2

)

Stock compensation expense

(5

)

(6

)

(13

)

(15

)

Strategic transaction expenses

(1

)

(3

)

(6

)

(11

)

Loss on investment in Hyliion

(6

)

(20

)

Impairment of goodwill

(191

)

(191

)

Loss on disposal group held for sale

(7

)

Loss on de-designation of fixed-to-fixed cross currency swaps

(9

)

Other items

(3

)

(1

)

(1

)

Earnings (loss) before interest and income taxes

(101

)

94

24

315

Loss on extinguishment of debt

(24

)

Interest income

2

6

Interest expense

32

31

95

99

Earnings (loss) before income taxes

(131

)

65

(65

)

198

Income tax expense

31

20

67

56

Equity in earnings (loss) of affiliates

(1

)

5

(1

)

29

Net income (loss)

$

(163

)

$

50

$

(133

)

$

171