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CONDENSED CONSOLIDATED RESULTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CONDENSED CONSOLIDATED RESULTS OF OPERATIONS    
Net sales $ 1,588 $ 1,421
Cost of goods sold (1,269) (1,153)
Gross profit 319 268
Selling and administrative expense (129) (124)
Research, development and engineering expense (15) (15)
Interest expense, net (66) (47)
Equity earnings 14 15
Other income (expense), net (22) 3
Earnings from continuing operations before income taxes 101 100
Provision for income taxes (27) (25)
Earnings from continuing operations 74 75
Loss from discontinued operations (1)  
Net earnings 73 75
Net (earnings) attributable to noncontrolling interests (6) (4)
Net earnings attributable to the Company 67 71
Amounts attributable to the Company:    
Earnings from continuing operations 68 71
Loss from discontinued operations (1)  
Net earnings $ 67 $ 71
Basic earnings per share:    
Earnings from continuing operations(in dollars per share) $ 0.42 $ 0.44
Loss from discontinued operations (in dollars per share) (0.01)  
Net earnings (in dollars per share) $ 0.41 $ 0.44
Weighted average shares outstanding (thousands) (in shares) 161,204 162,146
Diluted earnings per share:    
Earnings from continuing operations (in dollars per share) $ 0.42 $ 0.44
Loss from discontinued operations (in dollars per share) (0.01)  
Net earnings (in dollars per share) $ 0.41 $ 0.44
Weighted average diluted shares outstanding (thousands) (in shares) 161,793 163,287