Share Owners' Equity

9 Months Ended

Sep. 30, 2016

Share Owners' Equity

Share Owners' Equity

10.  Share Owners’ Equity

The activity in share owners’ equity for the three months ended September 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 July 1, 2016	$	2	$	3,078	$	(566)	$	(133)	$	(2,033)	$	110	$	458
Issuance of common stock (836 shares)														—
Reissuance of common stock (114,039 shares)						3								3
Stock compensation														—
Net earnings								108				6		114
Other comprehensive loss										(57)		(2)		(59)
Acquisitions of noncontrolling interests				(1)										(1)
Balance on September 30, 2016	$	2	$	3,077	$	(563)	$	(25)	$	(2,090)	$	114	$	515

	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 July 1, 2015	$	2	$	3,060	$	(577)	$	(329)	$	(1,677)	$	112	$	591
Issuance of common stock (2,294 shares)														—
Reissuance of common stock (67,313 shares)						2								2
Stock compensation				1										1
Net earnings								17				7		24
Other comprehensive income										(235)		(8)		(243)
Distribution to noncontrolling interests												(1)		(1)
Balance on September 30, 2015	$	2	$	3,061	$	(575)	$	(312)	$	(1,912)	$	110	$	374

The activity in share owners’ equity for the nine months ended September 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 (505,471 shares)				5										5
Reissuance of common stock (297,875 shares)						10								10
Stock compensation				9										9
Net earnings								280				16		296
Other comprehensive loss										(73)		(10)		(83)
Acquisitions of noncontrolling interests				(1)										(1)
Balance on September 30, 2016	$	2	$	3,077	$	(563)	$	(25)	$	(2,090)	$	114	$	515

	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 (41,401 shares)				1										1
Reissuance of common stock (200,155 shares)						5								5
Treasury shares purchased (4,109,256 shares)						(100)								(100)
Stock compensation				12										12
Net earnings								128				16		144
Other comprehensive loss										(418)		(16)		(434)
Distributions to noncontrolling interests												(13)		(13)
Acquisitions of noncontrolling interests				(18)								6		(12)
Balance on September 30, 2015	$	2	$	3,061	$	(575)	$	(312)	$	(1,912)	$	110	$	374

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)
	September 30,	December 31,	September 30,
	2016	2015	2015
Shares of common stock issued (including treasury shares)	185,418	184,481	184,465
Treasury shares	23,221	23,519	23,627