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CONSOLIDATED RESULTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
CONSOLIDATED RESULTS OF OPERATIONS      
Net sales $ 6,702 $ 6,156 $ 6,784
Cost of goods sold (5,490) (5,046) (5,531)
Gross profit 1,212 1,110 1,253
Selling and administrative expense (503) (476) (523)
Research, development and engineering expense (65) (64) (63)
Interest expense, net (272) (251) (230)
Equity earnings 60 60 64
Other expense, net (76) (111) (194)
Earnings from continuing operations before income taxes 356 268 307
Provision for income taxes (119) (106) (92)
Earnings from continuing operations 237 162 215
Loss from discontinued operations (7) (4) (23)
Net earnings 230 158 192
Net (earnings) attributable to noncontrolling interests (21) (23) (28)
Net earnings 209 135 164
Amounts attributable to the Company:      
Earnings from continuing operations 216 139 187
Loss from discontinued operations (7) (4) (23)
Net earnings $ 209 $ 135 $ 164
Basic earnings per share:      
Earnings from continuing operations (in dollars per share) $ 1.33 $ 0.86 $ 1.14
Loss from discontinued operations (in dollars per share) (0.04) (0.03) (0.14)
Net earnings (in dollars per share) 1.29 0.83 1.00
Diluted earnings per share:      
Earnings from continuing operations (in dollars per share) 1.32 0.85 1.13
Loss from discontinued operations (in dollars per share) (0.04) (0.03) (0.14)
Net earnings (in dollars per share) $ 1.28 $ 0.82 $ 0.99