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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net sales $ 2,699 $ 2,569 $ 6,696 $ 7,091
Cost of products sold 1,785 1,722 4,501 4,724
Gross profit 914 847 2,195 2,367
Selling, general and administrative expenses 545 630 1,581 1,811
Restructuring costs, net 4 3 14 22
Impairment of goodwill, intangibles and other assets 2 1,071 1,482 1,148
Operating income (loss) 363 (857) (882) (614)
Non-operating expenses:        
Interest expense, net 71 75 205 233
Loss on extinguishment of debt 0 29 0 29
Other expense, net 9 7 20 33
Income (loss) before income taxes 283 (968) (1,107) (909)
Income tax benefit (21) (327) (210) (317)
Income (loss) from continuing operations 304 (641) (897) (592)
Income (loss) from discontinued operations, net of tax 0 15 0 (95)
Net income (loss) $ 304 $ (626) $ (897) $ (687)
Weighted average common shares outstanding:        
Basic (in shares) 424.3 423.4 424.1 423.3
Diluted (in shares) 425.4 423.4 424.1 423.3
Basic:        
Income (loss) from continuing operations (in USD per share) $ 0.72 $ (1.51) $ (2.12) $ (1.40)
Income (loss) from discontinued operations (in USD per share) 0 0.03 0 (0.22)
Net income (loss) (in USD per share) 0.72 (1.48) (2.12) (1.62)
Diluted:        
Income (loss) from continuing operations (in USD per share) 0.71 (1.51) (2.12) (1.40)
Income (loss) from discontinued operations (in USD per share) 0 0.03 0 (0.22)
Net income (loss) (in USD per share) $ 0.71 $ (1.48) $ (2.12) $ (1.62)