v3.26.3
Business Segments - Schedule of Business Segment Reporting Information (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Segment Operating Income:        
Net Sales $ 4,540 $ 4,645 $ 12,671 $ 13,363
Cost of Goods Sold 3,817 3,801 10,574 11,019
Selling, Administrative and General Expense 665 676 2,036 2,018
Other (income) expense (Note 4) 19 91 50 147
Less:        
Rationalizations (Note 3) 148 21 281 161
Interest expense 111 114 311 341
Other (income) expense (Note 4) 19 91 50 147
Income (Loss) before Income Taxes (211) (733) (552) (297)
Goodwill Impairment (Note 1) 0 674 0 674
Operating Segments        
Segment Operating Income:        
Net Sales 4,540 4,645 12,671 13,363
Cost of Goods Sold 3,750 3,747 10,490 10,889
Selling, Administrative and General Expense 633 626 1,931 1,874
Other (income) expense (Note 4) (17) (15) (55) (41)
Segment Operating Income (Loss) 174 287 305 641
Less:        
Rationalizations (Note 3) 144 20 269 148
Other (income) expense (Note 4) (17) (15) (55) (41)
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3) 71 55 87 142
Goodwill Impairment (Note 1) 0 674 0 674
Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment        
Segment Operating Income:        
Other (income) expense (Note 4) 19 91 50 147
Less:        
Rationalizations (Note 3) 148 21 281 161
Interest expense 111 114 311 341
Other (income) expense (Note 4) 19 91 50 147
Net (gains) losses on asset sales (9) 1 (29) (700)
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3) 71 55 87 142
Corporate incentive compensation plans 9 8 40 44
Retained expenses of divested operations 4 5 10 8
Other 32 51 107 121
Goodwill Impairment (Note 1)   674   674
Americas        
Segment Operating Income:        
Net Sales 2,675 2,737 7,120 7,901
Americas | Operating Segments        
Segment Operating Income:        
Net Sales 2,675 2,737 7,120 7,901
Cost of Goods Sold 2,228 2,187 5,955 6,376
Selling, Administrative and General Expense 359 350 1,069 1,043
Other (income) expense (Note 4) (8) (6) (27) (20)
Segment Operating Income (Loss) 96 206 123 502
Less:        
Rationalizations (Note 3) 124 4 138 76
Other (income) expense (Note 4) (8) (6) (27) (20)
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3) 69 20 76 62
Goodwill Impairment (Note 1) 0 674 0 674
Europe, Middle East and Africa        
Segment Operating Income:        
Net Sales 1,355 1,407 4,090 4,028
Europe, Middle East and Africa | Operating Segments        
Segment Operating Income:        
Net Sales 1,355 1,407 4,090 4,028
Cost of Goods Sold 1,143 1,176 3,449 3,411
Selling, Administrative and General Expense 208 209 668 633
Other (income) expense (Note 4) (8) (8) (23) (16)
Segment Operating Income (Loss) 12 30 (4) 0
Less:        
Rationalizations (Note 3) 18 16 126 71
Other (income) expense (Note 4) (8) (8) (23) (16)
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3) 2 33 10 75
Asia Pacific        
Segment Operating Income:        
Net Sales 510 501 1,461 1,434
Asia Pacific | Operating Segments        
Segment Operating Income:        
Net Sales 510 501 1,461 1,434
Cost of Goods Sold 379 384 1,086 1,102
Selling, Administrative and General Expense 66 67 194 198
Other (income) expense (Note 4) (1) (1) (5) (5)
Segment Operating Income (Loss) 66 51 186 139
Less:        
Rationalizations (Note 3) 2 0 5 1
Other (income) expense (Note 4) (1) (1) (5) (5)
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3) $ 0 $ 2 $ 1 $ 5