v3.26.1
Business Segments - Schedule of Business Segment Reporting Information (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Operating Income:        
Net Sales $ 4,250 $ 4,465 $ 8,131 $ 8,718
Cost of Goods Sold 3,569 3,705 6,757 7,218
Selling, Administrative and General Expense 703 692 1,371 1,342
Other (income) expense (Note 4) 22 31 31 56
Less:        
Rationalizations (Note 3) 29 59 133 140
Interest expense 105 112 200 227
Other (income) expense (Note 4) 22 31 31 56
Income (Loss) before Income Taxes (161) 305 (341) 436
Operating Segments        
Segment Operating Income:        
Net Sales 4,250 4,465 8,131 8,718
Cost of Goods Sold 3,561 3,669 6,740 7,142
Selling, Administrative and General Expense 672 652 1,298 1,248
Other (income) expense (Note 4) (19) (15) (38) (26)
Segment Operating Income (Loss) 36 159 131 354
Less:        
Rationalizations (Note 3) 28 53 125 128
Other (income) expense (Note 4) (19) (15) (38) (26)
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3) 0 41 16 87
Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment        
Segment Operating Income:        
Other (income) expense (Note 4) 22 31 31 56
Less:        
Rationalizations (Note 3) 29 59 133 140
Interest expense 105 112 200 227
Other (income) expense (Note 4) 22 31 31 56
Net (gains) losses on asset sales (17) (439) (20) (701)
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3)   41 16 87
Corporate incentive compensation plans 8 20 31 36
Retained expenses of divested operations 3 1 6 3
Other 47 29 75 70
Americas        
Segment Operating Income:        
Net Sales 2,382 2,662 4,445 5,164
Americas | Operating Segments        
Segment Operating Income:        
Net Sales 2,382 2,662 4,445 5,164
Cost of Goods Sold 2,035 2,166 3,727 4,189
Selling, Administrative and General Expense 367 362 710 693
Other (income) expense (Note 4) (10) (7) (19) (14)
Segment Operating Income (Loss) (10) 141 27 296
Less:        
Rationalizations (Note 3) 3 10 14 72
Other (income) expense (Note 4) (10) (7) (19) (14)
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3) 0 14 7 42
Europe, Middle East and Africa        
Segment Operating Income:        
Net Sales 1,372 1,344 2,735 2,621
Europe, Middle East and Africa | Operating Segments        
Segment Operating Income:        
Net Sales 1,372 1,344 2,735 2,621
Cost of Goods Sold 1,157 1,153 2,306 2,235
Selling, Administrative and General Expense 239 221 460 424
Other (income) expense (Note 4) (7) (5) (15) (8)
Segment Operating Income (Loss) (17) (25) (16) (30)
Less:        
Rationalizations (Note 3) 23 43 108 55
Other (income) expense (Note 4) (7) (5) (15) (8)
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3) 0 26 8 42
Asia Pacific        
Segment Operating Income:        
Net Sales 496 459 951 933
Asia Pacific | Operating Segments        
Segment Operating Income:        
Net Sales 496 459 951 933
Cost of Goods Sold 369 350 707 718
Selling, Administrative and General Expense 66 69 128 131
Other (income) expense (Note 4) (2) (3) (4) (4)
Segment Operating Income (Loss) 63 43 120 88
Less:        
Rationalizations (Note 3) 2 0 3 1
Other (income) expense (Note 4) (2) (3) (4) (4)
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3) $ 0 $ 1 $ 1 $ 3