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CONSOLIDATED RESULTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
CONSOLIDATED RESULTS OF OPERATIONS        
Net sales $ 1,756 $ 1,772 $ 3,393 $ 3,508
Revenue, Product and Service [Extensible List] Net sales Net sales Net sales Net sales
Cost of goods sold $ (1,420) $ (1,426) $ (2,760) $ (2,843)
Gross profit 336 346 633 665
Selling and administrative expense (116) (126) (231) (252)
Research, development and engineering expense (18) (17) (34) (33)
Interest expense, net (68) (74) (132) (136)
Equity earnings 19 21 38 38
Other expense, net (55) (72) (65) (69)
Earnings from continuing operations before income taxes 98 78 209 213
Provision for income taxes (27) (22) (54) (54)
Earnings from continuing operations 71 56 155 159
Loss from discontinued operations (1)   (1) (1)
Net earnings 70 56 154 158
Net earnings attributable to noncontrolling interests (5) (6) (10) (11)
Net earnings attributable to the Company 65 50 144 147
Amounts attributable to the Company:        
Earnings from continuing operations 66 50 145 148
Loss from discontinued operations (1)   (1) (1)
Net earnings attributable to the Company $ 65 $ 50 $ 144 $ 147
Basic earnings per share:        
Earnings from continuing operations (in dollars per share) $ 0.42 $ 0.31 $ 0.94 $ 0.91
Loss from discontinued operations (in dollars per share)     (0.01) (0.01)
Net earnings (in dollars per share) $ 0.42 $ 0.31 $ 0.93 $ 0.90
Weighted average shares outstanding (thousands) (in shares) 155,338 160,858 154,852 161,904
Diluted earnings per share:        
Earnings from continuing operations (in dollars per share) $ 0.42 $ 0.31 $ 0.93 $ 0.90
Loss from discontinued operations (in dollars per share)     (0.01)  
Net earnings (in dollars per share) $ 0.42 $ 0.31 $ 0.92 $ 0.90
Weighted average diluted shares outstanding (thousands) (in shares) 156,471 162,712 156,555 163,964