Share Owners' Equity

6 Months Ended

Jun. 30, 2016

Share Owners' Equity

Share Owners' Equity

10.  Share Owners’ Equity

The activity in share owners’ equity for the three months ended June 30, 2016 and 2015 is as follows:

	Share Owners’ Equity of the Company
									Accumulated
			Capital in						Other		Non-
	Common		Excess of		Treasury		Retained		Comprehensive		controlling		Total Share
	Stock		Par Value		Stock		Loss		Loss		Interests		Owners' Equity
Balance on April 1, 2016	$	2	$	3,074	$	(569)	$	(238)	$	(1,971)	$	118	$	416
Issuance of common stock (1,225 shares)														—
Reissuance of common stock (49,234 shares)						3								3
Stock compensation				4										4
Net earnings								105				4		109
Other comprehensive loss										(62)		(12)		(74)
Balance on June 30, 2016	$	2	$	3,078	$	(566)	$	(133)	$	(2,033)	$	110	$	458

	Share Owners’ Equity of the Company
									Accumulated
			Capital in						Other		Non-
	Common		Excess of		Treasury		Retained		Comprehensive		controlling		Total Share
	Stock		Par Value		Stock		Loss		Loss		Interests		Owners' Equity
Balance on April 1, 2015	$	2	$	3,056	$	(578)	$	(369)	$	(1,710)	$	123	$	524
Issuance of common stock (6,928 shares)				1										1
Reissuance of common stock (75,383 shares)						1								1
Treasury shares purchased (599,760 shares)														—
Stock compensation				3										3
Net earnings								40				5		45
Other comprehensive income										33		(4)		29
Distribution to noncontrolling interests												(12)		(12)
Balance on June 30, 2015	$	2	$	3,060	$	(577)	$	(329)	$	(1,677)	$	112	$	591

The activity in share owners’ equity for the six months ended June 30, 2016 and 2015 is as follows:

	Share Owners’ Equity of the Company
									Accumulated
			Capital in						Other		Non-
	Common		Excess of		Treasury		Retained		Comprehensive		controlling		Total Share
	Stock		Par Value		Stock		Loss		Loss		Interests		Owners' Equity
Balance on January 1, 2016	$	2	$	3,064	$	(573)	$	(305)	$	(2,017)	$	108	$	279
Issuance of common stock (504,635 shares)				5										5
Reissuance of common stock (183,836 shares)						7								7
Stock compensation				9										9
Net earnings								172				10		182
Other comprehensive loss										(16)		(8)		(24)
Balance on June 30, 2016	$	2	$	3,078	$	(566)	$	(133)	$	(2,033)	$	110	$	458

	Share Owners’ Equity of the Company
									Accumulated
			Capital in						Other		Non-
	Common		Excess of		Treasury		Retained		Comprehensive		controlling		Total Share
	Stock		Par Value		Stock		Loss		Loss		Interests		Owners' Equity
Balance on January 1, 2015	$	2	$	3,066	$	(480)	$	(440)	$	(1,494)	$	117	$	771
Issuance of common stock (39,107 shares)				1										1
Reissuance of common stock (132,842 shares)						3								3
Treasury shares purchased (4,109,256 shares)						(100)								(100)
Stock compensation				11										11
Net earnings								111				9		120
Other comprehensive loss										(183)		(8)		(191)
Distributions to noncontrolling interests												(12)		(12)
Acquisitions of noncontrolling interests				(18)								6		(12)
Balance on June 30, 2015	$	2	$	3,060	$	(577)	$	(329)	$	(1,677)	$	112	$	591

The Company has 250,000,000 shares of common stock authorized with a par value of $.01 per share. Shares outstanding are as follows:

	Shares Outstanding (in thousands)
	June 30,	December 31,	June 30,
	2016	2015	2015
Shares of common stock issued (including treasury shares)	185,417	184,481	184,462
Treasury shares	23,335	23,519	23,694