v3.25.4
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Income Statement [Abstract]        
Net sales $ 4,186 $ 4,080 $ 13,647 $ 12,562
Cost of goods sold (exclusive of depreciation and amortization) 3,513 3,516 11,617 10,607
Selling, general and administrative expenses 177 179 525 543
Depreciation and amortization 155 142 455 423
Interest expense and amortization of debt issuance costs 66 66 201 210
Research and development expenses 22 25 68 75
Loss on extinguishment of debt, net 0 0 3 0
Restructuring and impairment expenses, net 20 6 136 46
Equity in net loss (income) of non-consolidated affiliates 7 1 1 (2)
Other expenses (income), net 381 (4) 426 121
Total expenses 4,341 3,931 13,432 12,023
(Loss) income before income tax provision (155) 149 215 539
Income tax provision 4 39 115 150
Net (loss) income (159) 110 100 389
Net income attributable to noncontrolling interests 1 0 1 0
Net (loss) income attributable to our common shareholder $ (160) $ 110 $ 99 $ 389