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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Net sales $ 2,204 $ 2,534 $ 4,009 $ 4,922
Cost of products sold 1,575 1,698 2,898 3,346
Gross profit 629 836 1,111 1,576
Selling, general and administrative expenses 476 504 956 1,022
Restructuring costs, net 22 4 60 9
Impairment of goodwill, intangibles and other assets 11 0 11 0
Operating income 120 328 84 545
Non-operating expenses:        
Interest expense, net 76 55 144 114
Other (income) expense, net 9 21 21 (97)
Income (loss) before income taxes 35 252 (81) 528
Income tax provision 17 53 3 101
Net income (loss) $ 18 $ 199 $ (84) $ 427
Weighted average common shares outstanding:        
Basic (in shares) 414.2 413.8 414.0 417.9
Diluted (in shares) 415.3 415.7 414.0 420.2
Earnings Per Share [Abstract]        
Basic (in USD per share) $ 0.04 $ 0.48 $ (0.20) $ 1.02
Diluted (in USD per share) $ 0.04 $ 0.48 $ (0.20) $ 1.02
Comprehensive income (loss):        
Net income (loss) $ 18 $ 199 $ (84) $ 427
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustments (10) (107) 8 (78)
Pension and postretirement costs 0 7 (1) 12
Derivative financial instruments (7) 11 (17) 11
Total other comprehensive loss, net of tax (17) (89) (10) (55)
Total comprehensive income (loss) $ 1 $ 110 $ (94) $ 372