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CONSOLIDATED RESULTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
CONSOLIDATED RESULTS OF OPERATIONS      
Net sales $ 6,877 $ 6,869 $ 6,702
Cost of goods sold. (5,594) (5,536) (5,392)
Gross profit 1,283 1,333 1,310
Selling and administrative expense (483) (484) (503)
Research, development and engineering expense (70) (60) (65)
Interest expense, net (261) (268) (272)
Equity earnings 77 77 60
Other expense, net (269) (323) (174)
Earnings from continuing operations before income taxes 277 275 356
Provision for income taxes (108) (70) (119)
Earnings from continuing operations 169 205 237
Gain (loss) from discontinued operations 113 (3) (7)
Net earnings 282 202 230
Net earnings attributable to noncontrolling interests (25) (22) (21)
Net earnings attributable to the Company 257 180 209
Amounts attributable to the Company:      
Earnings from continuing operations 144 183 216
Gain (loss) from discontinued operations 113 (3) (7)
Net earnings attributable to the Company $ 257 $ 180 $ 209
Basic earnings per share:      
Earnings from continuing operations (in dollars per share) $ 0.90 $ 1.12 $ 1.33
Gain (loss) from discontinued operations (in dollars per share) 0.71 (0.01) (0.04)
Net earnings (in dollars per share) 1.61 1.11 1.29
Diluted earnings per share:      
Earnings from continuing operations (in dollars per share) 0.89 1.11 1.32
Gain (loss) from discontinued operations (in dollars per share) 0.70 (0.01) (0.04)
Net earnings (in dollars per share) 1.59 $ 1.10 $ 1.28
Dividends declared per common share $ 0.05