v3.24.3
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net sales $ 4,295 $ 4,107 $ 8,482 $ 8,198
Cost of goods sold (exclusive of depreciation and amortization) 3,610 3,477 7,091 6,978
Selling, general and administrative expenses 183 182 364 356
Depreciation and amortization 141 136 281 267
Interest expense and amortization of debt issuance costs 72 78 144 155
Research and development expenses 25 23 50 48
Loss on extinguishment of debt, net 0 5 0 5
Restructuring and impairment expenses, net 21 4 40 7
Equity in net income of non-consolidated affiliates (2) (4) (3) (7)
Other expenses (income), net 65 (2) 125 (29)
Total expenses 4,115 3,899 8,092 7,780
Income before income tax provision 180 208 390 418
Income tax provision 51 51 111 105
Net income 129 157 279 313
Net income attributable to noncontrolling interests 1 0 0 0
Net income attributable to our common shareholder $ 128 $ 157 $ 279 $ 313

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