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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Net sales $ 2,252 $ 2,787 $ 7,174 $ 7,784
Cost of products sold 1,599 1,939 4,956 5,323
Gross profit 653 848 2,218 2,461
Selling, general and administrative expenses 467 561 1,489 1,667
Restructuring costs, net 3 6 12 16
Impairment of goodwill, intangibles and other assets 148 0 148 0
Operating income 35 281 569 778
Non-operating expenses:        
Interest expense, net 57 65 171 197
Other (income) expense, net 8 1 (108) (3)
Income (loss) before income taxes (30) 215 506 584
Income tax provision (benefit) (61) 25 37 108
Net income $ 31 $ 190 $ 469 $ 476
Weighted average common shares outstanding:        
Basic (in shares) 413.6 425.4 416.4 425.2
Diluted (in shares) 414.6 428.5 418.3 427.9
Earnings per share:        
Basic (in USD per share) $ 0.07 $ 0.45 $ 1.13 $ 1.12
Diluted (in USD per share) $ 0.07 $ 0.44 $ 1.12 $ 1.11