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CONSOLIDATED RESULTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
CONSOLIDATED RESULTS OF OPERATIONS      
Net sales $ 6,691 $ 6,877 $ 6,869
Revenue, Product and Service [Extensible List] Net sales Net sales Net sales
Cost of goods sold $ (5,483) $ (5,594) $ (5,536)
Gross profit 1,208 1,283 1,333
Selling and administrative expense (439) (483) (484)
Research, development and engineering expense (68) (70) (60)
Interest expense, net (311) (261) (268)
Equity earnings 78 77 77
Other expense, net (incl. goodwill impairment) (729) (269) (323)
Earnings (loss) from continuing operations before income taxes (261) 277 275
Provision for income taxes (118) (108) (70)
Earnings (loss) from continuing operations (379) 169 205
Gain (loss) from discontinued operations (3) 113 (3)
Net earnings (loss) (382) 282 202
Net earnings attributable to noncontrolling interests (18) (25) (22)
Net earnings (loss) attributable to the Company (400) 257 180
Amounts attributable to the Company:      
Earnings (loss) from continuing operations (397) 144 183
Gain (loss) from discontinued operations (3) 113 (3)
Net earnings (loss) attributable to the Company $ (400) $ 257 $ 180
Basic earnings per share:      
Earnings (loss) from continuing operations (in dollars per share) $ (2.56) $ 0.90 $ 1.12
Gain (loss) from discontinued operations (in dollars per share) (0.02) 0.71 (0.01)
Net earnings (loss) (in dollars per share) (2.58) 1.61 1.11
Diluted earnings per share:      
Earnings (loss) from continuing operations (in dollars per share) (2.56) 0.89 1.11
Gain (loss) from discontinued operations (in dollars per share) (0.02) 0.70 (0.01)
Net earnings (loss) (in dollars per share) (2.58) 1.59 $ 1.10
Dividends declared per common share $ 0.15 $ 0.05