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CONDENSED CONSOLIDATED RESULTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CONDENSED CONSOLIDATED RESULTS OF OPERATIONS    
Net sales $ 1,615 $ 1,588
Cost of goods sold (1,300) (1,269)
Gross profit 315 319
Selling and administrative expense (119) (129)
Research, development and engineering expense (15) (15)
Interest expense, net (78) (66)
Equity earnings 15 14
Other expense, net (45) (22)
Earnings from continuing operations before income taxes 73 101
Provision for income taxes (20) (27)
Earnings from continuing operations 53 74
Loss from discontinued operations   (1)
Net earnings 53 73
Net earnings attributable to noncontrolling interests (4) (6)
Net earnings attributable to the Company 49 67
Amounts attributable to the Company:    
Earnings from continuing operations 49 68
Loss from discontinued operations   (1)
Net earnings attributable to the Company $ 49 $ 67
Basic earnings per share:    
Earnings from continuing operations (in dollars per share) $ 0.30 $ 0.42
Loss from discontinued operations (in dollars per share)   (0.01)
Net earnings (in dollars per share) $ 0.30 $ 0.41
Weighted average shares outstanding (thousands) (in shares) 162,388 161,204
Diluted earnings per share:    
Earnings from continuing operations (in dollars per share) $ 0.30 $ 0.42
Loss from discontinued operations (in dollars per share)   (0.01)
Net earnings (in dollars per share) $ 0.30 $ 0.41
Weighted average diluted shares outstanding (thousands) (in shares) 163,840 161,793