v3.26.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Income Statement [Abstract]        
Net Sales $ 2,192 $ 2,190 $ 6,536 $ 6,514
Cost of Sales 1,885 1,756 5,631 5,215
Selling, General and Administrative 162 163 544 563
Other Expense, Net 16 15 41 41
Business Combinations, Exit Activities and Other Special Items, Net 28 22 105 47
Income from Operations 101 234 215 648
Nonoperating Pension and Postretirement Benefit Expense 0 0 (1) (1)
Interest Expense, Net (69) (53) (201) (157)
Income before Income Taxes and Equity Income of Unconsolidated Entity 32 181 13 490
Income Tax Expense (11) (40) (11) (118)
Income before Equity Income of Unconsolidated Entity 21 141 2 372
Equity Income of Unconsolidated Entity 1 1 1 1
Net Income $ 22 $ 142 $ 3 $ 373
Net Income Per Share - Basic (in dollars per share) $ 0.07 $ 0.48 $ 0.01 $ 1.24
Net Income Per Share - Diluted (in dollars per share) $ 0.07 $ 0.48 $ 0.01 $ 1.24

Source