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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ 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 $ 2,349 $ 2,451 $ 7,179 $ 7,054 Close
Cost of Sales 1,799 1,940 5,563 5,715 Close
Selling, General and Administrative 220 203 622 569 Close
Other Expense, Net 15 6 48 6 Close
Business Combinations, Shutdown and Other Special Charges, and Exit Activities, Net 28 9 62 126 CloseClose
Total Operating Expenses 2062.0 2158.0 6295.0 6416.0 0 Close
Income from Operations 287 293 884 638 Close
Nonoperating Pension and Postretirement Benefit (Expense) Income (1) 2 (2) 5 Close
Total Other Income Expenses -63.0 -51.0 -182.0 -138.0 0 Close
Interest Expense, Net (62) (53) (180) (143) CloseClose
Income before Income Taxes 224 242 702 500 Close
Income Tax Expense (54) (49) (175) (134) Close
Net Income $ 170 $ 193 $ 527 $ 366 Close
Net Income Per Share — Basic (in dollars per share) $ 0.55 $ 0.63 $ 1.71 $ 1.18
Net Income Per Share — Diluted (in dollars per share) $ 0.55 $ 0.62 $ 1.70 $ 1.18