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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net sales $ 2,048 $ 2,252 $ 6,057 $ 7,174
Cost of products sold 1,427 1,594 4,325 4,940
Gross profit 621 658 1,732 2,234
Selling, general and administrative expenses 501 467 1,457 1,489
Restructuring costs, net 16 3 76 12
Impairment of goodwill, intangibles and other assets 263 148 274 148
Operating income (loss) (159) 40 (75) 585
Non-operating expenses:        
Interest expense, net 69 57 213 171
Other (income) expense, net 70 24 91 (73)
Income (loss) before income taxes (298) (41) (379) 487
Income tax provision (benefit) (80) (60) (77) 41
Net income (loss) $ (218) $ 19 $ (302) $ 446
Weighted average common shares outstanding:        
Basic (in shares) 414.2 413.6 414.1 416.4
Diluted (in shares) 414.2 414.6 414.1 418.3
Earnings (loss) per share:        
Basic (in USD per share) $ (0.53) $ 0.05 $ (0.73) $ 1.07
Diluted (in USD per share) $ (0.53) $ 0.05 $ (0.73) $ 1.07
Comprehensive income (loss):        
Net income (loss) $ (218) $ 19 $ (302) $ 446
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustments (16) (94) (8) (172)
Pension and postretirement costs 53 8 52 20
Derivative financial instruments 9 8 (8) 19
Total other comprehensive income (loss), net of tax 46 (78) 36 (133)
Total comprehensive income (loss) $ (172) $ (59) $ (266) $ 313