Financial Summary (All financials)
| In millions, except per share items | Dec-31-13 | Dec-31-12 | Dec-31-11 |
| Revenues | 3,054 | 3,131 | 3,502 |
| Revenue growth | -2.5% | -10.6% | |
| Cost of goods sold | 2,865 | 3,015 | 3,375 |
| Gross profit | 189 | 116 | 127 |
| Gross margin | 6.2% | 3.7% | 3.6% |
| Selling, general and administrative | 146 | 139 | 145 |
| EBIT | 43 | -1,412 | -1,125 |
| EBIT margin | 1.4% | -45.1% | -32.1% |
| Pre-tax income | -4 | 1,239 | -497 |
| Income taxes | -2 | -19 | 1 |
| Tax rate | 50.0% | | |
| Net income | -2 | 1,258 | -498 |
| Net margin | -0.1% | 40.2% | -14.2% |
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| Diluted EPS | ($0.28) | $12.58 | ($4.98) |
| Shares outstanding (diluted) | 7 | 100 | 100 |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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