XML 74 R61.htm IDEA: XBRL DOCUMENT v3.4.0.3
Financial Information for Subsidiary Guarantors and Non-Guarantors - Results of Operations and Comprehensive Income (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
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)
Other equity earnings 14 15
Other 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 operation (1)  
Net earnings 73 75
Net (earnings) attributable to noncontrolling interests (6) (4)
Net earnings attributable to the Company 67 71
Comprehensive Income    
Net earnings (loss) 73 75
Other comprehensive income, net 50 (220)
Total comprehensive income (loss) 123 (145)
Comprehensive income attributable to noncontrolling interests (9)  
Comprehensive income (loss) attributable to the Company 114 (145)
Parent    
Results of Operations    
Net intercompany interest 5 7
Interest expense, net (5) (7)
Equity earnings from subsidiaries 67 71
Earnings from continuing operations before income taxes 67 71
Earnings from continuing operations 67 71
Net earnings 67 71
Net earnings attributable to the Company 67 71
Comprehensive Income    
Net earnings (loss) 67 71
Other comprehensive income, net 50 (216)
Total comprehensive income (loss) 117 (145)
Comprehensive income (loss) attributable to the Company 117 (145)
Guarantor Subsidiaries    
Results of Operations    
Equity earnings from subsidiaries 67 71
Earnings from continuing operations before income taxes 67 71
Earnings from continuing operations 67 71
Net earnings 67 71
Net earnings attributable to the Company 67 71
Comprehensive Income    
Net earnings (loss) 67 71
Other comprehensive income, net 50 (216)
Total comprehensive income (loss) 117 (145)
Comprehensive income (loss) attributable to the Company 117 (145)
Non-Guarantor Subsidiaries    
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)
Net intercompany interest (5) (7)
Interest expense, net (61) (40)
Other equity earnings 14 15
Other 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 operation (1)  
Net earnings 73 75
Net (earnings) attributable to noncontrolling interests (6) (4)
Net earnings attributable to the Company 67 71
Comprehensive Income    
Net earnings (loss) 73 75
Other comprehensive income, net 50 (220)
Total comprehensive income (loss) 123 (145)
Comprehensive income attributable to noncontrolling interests (9)  
Comprehensive income (loss) attributable to the Company 114 (145)
Eliminations    
Results of Operations    
Equity earnings from subsidiaries (134) (142)
Earnings from continuing operations before income taxes (134) (142)
Earnings from continuing operations (134) (142)
Net earnings (134) (142)
Net earnings attributable to the Company (134) (142)
Comprehensive Income    
Net earnings (loss) (134) (142)
Other comprehensive income, net (100) 432
Total comprehensive income (loss) (234) 290
Comprehensive income (loss) attributable to the Company $ (234) $ 290