v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net Sales $ 2,216 $ 2,349 $ 6,712 $ 7,179
Cost of Sales 1,714 1,799 5,203 5,563
Selling, General and Administrative 191 220 603 622
Other Expense, Net 17 15 49 48
Business Combinations, Exit Activities and Other Special Items, Net 16 28 (23) 62
Income from Operations 278 287 880 884
Nonoperating Pension and Postretirement Benefit Expense (1) (1) (2) (2)
Interest Expense, Net (58) (62) (177) (180)
Income before Income Taxes and Equity Income of Unconsolidated Entity 219 224 701 702
Income Tax Expense (55) (54) (182) (175)
Income before Equity Income of Unconsolidated Entity 164 170 519 527
Equity Income of Unconsolidated Entity 1 0 1 0
Net Income $ 165 $ 170 $ 520 $ 527
Net Income Per Share — Basic (in dollars per share) $ 0.55 $ 0.55 $ 1.71 $ 1.71
Net Income Per Share — Diluted (in dollars per share) $ 0.55 $ 0.55 $ 1.70 $ 1.70

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