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CONSOLIDATED RESULTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CONSOLIDATED RESULTS OF OPERATIONS      
Net sales $ 6,156 $ 6,784 $ 6,967
Cost of goods sold (5,046) (5,531) (5,636)
Gross profit 1,110 1,253 1,331
Selling and administrative expense (476) (523) (506)
Research, development and engineering expense (64) (63) (62)
Interest expense, net (251) (230) (229)
Equity earnings 60 64 67
Other expense, net (111) (194) (133)
Earnings from continuing operations before income taxes 268 307 468
Provision for income taxes (106) (92) (120)
Earnings from continuing operations 162 215 348
Loss from discontinued operations (4) (23) (18)
Net earnings 158 192 330
Net (earnings) attributable to noncontrolling interests (23) (28) (13)
Net earnings attributable to the Company 135 164 317
Amounts attributable to the Company:      
Earnings from continuing operations 139 187 335
Loss from discontinued operations (4) (23) (18)
Net earnings $ 135 $ 164 $ 317
Basic earnings per share:      
Earnings from continuing operations (in dollars per share) $ 0.86 $ 1.14 $ 2.03
Loss from discontinued operations (in dollars per share) (0.03) (0.14) (0.11)
Net earnings (in dollars per share) 0.83 1.00 1.92
Diluted earnings per share:      
Earnings from continuing operations (in dollars per share) 0.85 1.13 2.02
Loss from discontinued operations (in dollars per share) (0.03) (0.14) (0.11)
Net earnings (in dollars per share) $ 0.82 $ 0.99 $ 1.91