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Consolidated Statements of Operations (Unaudited) (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Income Statement [Abstract]    
Net sales $ 850 $ 814
Cost of products sold 707 690
Gross profit 143 124
Selling and administrative expenses 77 73
Restructuring charges 0 2
Operating profit 66 49
Income from equity method investments (3) 0
Interest expense 47 50
Interest income (1) (1)
Gain on deconsolidation of subsidiaries and consolidated joint ventures (27) 0
Other expense, net 0 1
Income (loss) before income taxes 50 (1)
Income tax expense (benefit) 5 (3)
Net income $ 45 $ 2
Basic income per common share $ 0.33 $ 0.02
Diluted income per common share $ 0.32 $ 0.02
Average common shares 137,765,694 108,390,706
Average diluted common shares 146,920,819 111,332,621