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Share Owners' Equity
6 Months Ended
Jun. 30, 2020
Share Owners' Equity  
Share Owners' Equity

12. Share Owners’ Equity

The activity in share owners’ equity for the three months ended June 30, 2020 and 2019 is as follows:

The activity in share owners’ equity for the three months ended June 30, 2020 and 2019 is as follows:

Share Owners’ Equity of the Company

    

    

    

    

    

Accumulated

    

    

 

Capital in

Other

Non-

Total Share

Common

Excess of

Treasury

Retained

Comprehensive

controlling

Owners' 

Stock

Par Value

Stock

Earnings (Loss)

Loss

Interests

Equity

Balance on April 1, 2020

$

2

3,128

(730)

(47)

(2,370)

93

$

76

Reissuance of common stock (0.3 million shares)

(4)

7

 

3

Stock compensation (0.1 million shares)

4

 

4

Net loss

(101)

 

(101)

Other comprehensive income (loss)

62

(2)

 

60

Balance on June 30, 2020

$

2

$

3,128

$

(723)

$

(148)

$

(2,308)

$

91

$

42

Share Owners’ Equity of the Company

    

    

    

    

    

Accumulated

    

    

Capital in

Other

Non-

Total Share

Common

Excess of

Treasury

Retained

Comprehensive

controlling

Owners' 

    

Stock

    

Par Value

    

Stock

Earnings

Loss

Interests

Equity

 

Balance on April 1, 2019

$

2

3,130

(745)

412

(1,911)

122

$

1,010

Reissuance of common stock (0.1 million shares)

3

 

3

Stock compensation (0.5 million shares)

6

 

6

Net earnings

65

5

 

70

Other comprehensive income (loss)

20

(12)

 

8

Dividends declared

(7)

(7)

Balance on June 30, 2019

$

2

$

3,136

$

(742)

$

470

$

(1,891)

$

115

$

1,090

The activity in share owners’ equity for the six months ended June 30, 2020 and 2019 is as follows:

Share Owners’ Equity of the Company

    

    

    

    

    

Accumulated

    

    

Capital in

Other

Non-

Total Share

Common

Excess of

Treasury

Retained

Comprehensive

controlling

Owners' 

Stock

Par Value

Stock

Earnings (Loss)

Loss

Interests

Equity

 

Balance on January 1, 2020

$

2

3,130

(733)

(89)

(1,843)

97

$

564

Reissuance of common stock (0.5 million shares)

(7)

12

5

Stock compensation (0.8 million shares)

5

5

Net earnings (loss)

(51)

5

(46)

Other comprehensive loss

(465)

(11)

(476)

Dividends declared

(8)

(8)

Other

(2)

(2)

Balance on June 30, 2020

$

2

$

3,128

$

(723)

$

(148)

$

(2,308)

$

91

$

42

Share Owners’ Equity of the Company

    

    

    

    

    

Accumulated

    

    

Capital in

Other

Non-

Total Share

Common

Excess of

Treasury

Retained

Comprehensive

controlling

Owners' 

Stock

Par Value

Stock

Earnings

Loss

Interests

Equity

 

Balance on January 1, 2019

$

2

3,124

(705)

333

(1,968)

114

$

900

Issuance of common stock (0.1 million shares)

2

 

2

Reissuance of common stock (0.2 million shares)

(1)

6

 

5

Treasury shares purchased (2.1 million shares)

(38)

(38)

Stock compensation (1.7 million shares)

11

 

11

Net earnings

144

10

 

154

Other comprehensive income (loss)

77

(9)

 

68

Dividends declared

(7)

(7)

Other

(5)

(5)

Balance on June 30, 2019

$

2

$

3,136

$

(742)

$

470

$

(1,891)

$

115

$

1,090

The Company has 250,000,000 shares of common stock authorized with a par value of $.01 per share. Shares outstanding are as follows:

Shares Outstanding (in thousands)

 

June 30,

December 31,

June 30,

 

    

2020

    

2019

    

2019

 

Shares of common stock issued (including treasury shares)

 

189,294

188,447

188,435

Treasury shares

 

32,338

32,573

32,978