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3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
OPERATING ACTIVITIES    
Net loss $ (53) $ (42)
Adjustments to reconcile net loss to net cash provided (used) by operating activities:    
Depreciation, depletion and amortization 230 242
Restructuring and other charges 104 0
Asset impairments 64 0
Pension and OPEB credits (51) (40)
Loss on extinguishment of debt 21 0
Other 44 35
Changes in operating assets and liabilities:    
Accounts receivable, net (27) (257)
Inventories (8) 207
Income taxes (1) 15
Pension and OPEB payments and contributions (32) (30)
Payables, accrued employment and accrued expenses (170) (90)
Other, net 21 (79)
Net cash provided (used) by operating activities 142 (39)
INVESTING ACTIVITIES    
Purchase of property, plant and equipment (182) (188)
Other investing activities 3 3
Net cash used by investing activities (179) (185)
FINANCING ACTIVITIES    
Repurchase of common shares (608) 0
Proceeds from issuance of senior notes 825 0
Repayments of senior notes (652) 0
Borrowings under credit facilities, net 342 307
Debt issuance costs (13) 0
Other financing activities (25) (50)
Net cash provided (used) by financing activities (131) 257
Net increase (decrease) in cash and cash equivalents (168) 33
Cash and cash equivalents at beginning of period 198 26
Cash and cash equivalents at end of period $ 30 $ 59

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