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Consolidated Statements of Operations (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Net sales $ 4,756 $ 5,207 $ 4,597
Cost of sales 4,160 4,473 3,866
Gross profit 596 734 731
Selling, general and administrative expense 322 335 332
terminated merger and settlement income 0 0 (171)
Asset impairments 23 32 0
Business realignment costs 35 15 20
Other operating expense (income), net 14 (16) 4
Operating income 202 368 546
Interest expense, net 263 262 276
Gains (Losses) on Extinguishment of Debt 0 0 30
Other non-operating (income) expense, net (1) 3 (4)
(Loss) income from continuing operations before income tax and earnings from unconsolidated entities (60) 103 244
Income tax benefit (365) 3 35
Income from continuing operations before earnings from unconsolidated entities 305 100 209
Earnings from unconsolidated entities, net of taxes 19 16 8
Net income from continuing operations 324 116 217
Net income from discontinued operations, net of taxes 0 2 (3)
Net income $ 324 $ 118 $ 214