Novelis Inc. (NVL) [Rocket]

In millions, except per share items	Jun-30-23	Mar-31-23	Sep-30-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21
	10-Q	8-K	10-Q	10-Q	10-K	10-Q	10-Q	10-Q
Net sales	4,091	4,397	4,799	5,089	4,849	4,326	4,119	3,855
Net sales growth	-19.6%	-9.3%	16.5%	32.0%	33.5%	33.5%	38.3%	58.9%
Cost of goods sold (exclusive of depreciation and amortization)	3,501			4,265
Selling, general and administrative expenses	174	170	181	164	174	156	142	159
Depreciation and amortization	131		134	138	145	137	134	134
Interest expense and amortization of debt issuance costs	-77.0		-65.0	-58.0	-54.0	-54.0	-60.0	-59.0
Research and development expenses	25	26	23	23	24	23	21	24

Gain on extinguishment of debt, net
Restructuring and impairment expenses, net	3	26	1	1		3		-2
Equity in net income of non-consolidated affiliates	-3.0	2.0	-4.0	-4.0		-7.0		-1.0
Other (income) expenses, net	-27.0	12.0	10.0	50.0	25.0	-2.0	-20.0	-64.0
Total expenses	3,881	4,019	4,550	4,695	4,627	3,978	3,801	3,444
Income from continuing operations before income tax provision	210		249	394	222	348	318	411
Income tax provision	54	1	65	87	5	89	79	108
Net income	156		183	306	216	262	237	240
Net loss attributable to noncontrolling interests				1.0
Net income attributable to our common shareholder	156	156	183	307	215	262	237	240