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CONSOLIDATED RESULTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CONSOLIDATED RESULTS OF OPERATIONS      
Net sales $ 6,869 $ 6,702 $ 6,156
Cost of goods sold (5,736) (5,490) (5,046)
Gross profit 1,133 1,212 1,110
Selling and administrative expense (502) (503) (476)
Research, development and engineering expense (60) (65) (64)
Interest expense, net (268) (272) (251)
Equity earnings 77 60 60
Other expense, net (105) (76) (111)
Earnings from continuing operations before income taxes 275 356 268
Provision for income taxes (70) (119) (106)
Earnings from continuing operations 205 237 162
Loss from discontinued operations (3) (7) (4)
Net earnings 202 230 158
Net (earnings) attributable to noncontrolling interests (22) (21) (23)
Net earnings attributable to the Company 180 209 135
Amounts attributable to the Company:      
Earnings from continuing operations 183 216 139
Loss from discontinued operations (3) (7) (4)
Net earnings attributable to the Company $ 180 $ 209 $ 135
Basic earnings per share:      
Earnings from continuing operations (in dollars per share) $ 1.12 $ 1.33 $ 0.86
Loss from discontinued operations (in dollars per share) (0.01) (0.04) (0.03)
Net earnings (in dollars per share) 1.11 1.29 0.83
Diluted earnings per share:      
Earnings from continuing operations (in dollars per share) 1.11 1.32 0.85
Loss from discontinued operations (in dollars per share) (0.01) (0.04) (0.03)
Net earnings (in dollars per share) $ 1.10 $ 1.28 $ 0.82