Share Owners' Equity (Tables)

9 Months Ended

Sep. 30, 2014

Share Owners' Equity

Activity in share owners' equity

The activity in share owners’ equity for the three months ended September 30, 2014 and 2013 is as follows:

	Share Owners’ Equity of the Company
	Common Stock		Capital in Excess of Par Value		Treasury Stock			Retained Earnings (Loss)		Accumulated Other Comprehensive Loss			Non- controlling Interests			Total Share Owners’ Equity
Balance on July 1, 2014	$	2	$	3,059	$	(463	)	$	204	$	(1,002	)	$	122		$	1,922
Issuance of common stock (13,253 shares)																—
Reissuance of common stock (52,167 shares)					1											1
Stock compensation			3													3
Net earnings								60					7			67
Other comprehensive loss										(165		)	(3		)	(168		)
Contributions from noncontrolling interests													(2		)	(2		)
Balance on September 30, 2014	$	2	$	3,062	$	(462	)	$	264	$	(1,167	)	$	124		$	1,823

	Share Owners’ Equity of the Company
	Common Stock		Capital in Excess of Par Value		Treasury Stock			Retained Earnings (Loss)		Accumulated Other Comprehensive Loss			Non- controlling Interests		Total Share Owners’ Equity
Balance on July 1, 2013	$	2	$	3,018	$	(433	)	$	6	$	(1,559	)	$	160	$	1,194
Issuance of common stock (855,261 shares)			15												15
Reissuance of common stock (61,187 shares)					1										1
Treasury shares purchased (335,245 shares)					(10		)								(10		)
Stock compensation			1												1
Net earnings								130					6		136
Other comprehensive income										39					39
Distributions to noncontrolling interests													1		1
Balance on September 30, 2013	$	2	$	3,034	$	(442	)	$	136	$	(1,520	)	$	167	$	1,377

The activity in share owners’ equity for the nine months ended September 30, 2014 and 2013 is as follows:

	Share Owners’ Equity of the Company
	Common Stock		Capital in Excess of Par Value		Treasury Stock			Retained Earnings (Loss)			Accumulated Other Comprehensive Loss			Non- controlling Interests			Total Share Owners’ Equity
Balance on January 1, 2014	$	2	$	3,040	$	(454	)	$	(11	)	$	(1,121	)	$	147		$	1,603
Issuance of common stock (226,795 shares)			5														5
Reissuance of common stock (149,234 shares)					4												4
Treasury shares purchased (364,436 shares)					(12		)										(12		)
Stock compensation			17														17
Net earnings								275						18			293
Other comprehensive loss											(46		)	(4		)	(50		)
Distributions to noncontrolling interests														(37		)	(37		)
Balance on September 30, 2014	$	2	$	3,062	$	(462	)	$	264		$	(1,167	)	$	124		$	1,823

	Share Owners’ Equity of the Company
	Common Stock		Capital in Excess of Par Value			Treasury Stock			Retained Earnings (Loss)			Accumulated Other Comprehensive Loss			Non- controlling Interests			Total Share Owners’ Equity
Balance on January 1, 2013	$	2	$	3,005		$	(425	)	$	(195	)	$	(1,506	)	$	174		$	1,055
Issuance of common stock (1,285,826 shares)			22															22
Reissuance of common stock (159,111 shares)						3												3
Treasury shares purchased (683,534 shares)						(20		)										(20		)
Repurchase of exchangeable notes			(1		)													(1		)
Stock compensation			8															8
Net earnings									331						16			347
Other comprehensive loss												(14		)	(6		)	(20		)
Distributions to noncontrolling interests															(21		)	(21		)
Contributions from noncontrolling interests															4			4
Balance on September 30, 2013	$	2	$	3,034		$	(442	)	$	136		$	(1,520	)	$	167		$	1,377

Schedule of shares outstanding

	Shares Outstanding (in thousands)
	September 30,	December 31,	September 30,
	2014	2013	2013
Shares of common stock issued (including treasury shares)	183,911	183,500	183,371
Treasury shares	19,001	18,786	18,426