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Share Owners' Equity (Tables)
9 Months Ended
Sep. 30, 2020
Share Owners' Equity  
Activity in share owner's equity

The activity in share owners’ equity for the three months ended September 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 July 1, 2020

$

2

$

3,128

$

(724)

$

(147)

$

(2,308)

$

91

$

42

Reissuance of common stock (0.2 million shares)

(3)

5

 

2

Stock compensation (0.1 million shares)

3

 

3

Net earnings (loss)

328

7

 

335

Other comprehensive income (loss)

(117)

 

(117)

Balance on September 30, 2020

$

2

$

3,128

$

(719)

$

181

$

(2,425)

$

98

$

265

Share Owners’ Equity of the Company

    

    

    

    

    

Accumulated

    

    

Capital in

Retained

Other

Non-

Total Share

Common

Excess of

Treasury

Earnings

Comprehensive

controlling

Owners' 

    

Stock

    

Par Value

    

Stock

(Loss)

Loss

Interests

Equity

 

Balance on July 1, 2019

$

2

$

3,136

$

(742)

$

470

$

(1,891)

$

115

$

1,090

Reissuance of common stock (0.01 million shares)

(1)

3

 

2

Stock compensation (0.01 million shares)

4

 

4

Net earnings (loss)

(575)

8

 

(567)

Other comprehensive income (loss)

(64)

(22)

 

(86)

Dividends declared

(7)

(7)

Balance on September 30, 2019

$

2

$

3,139

$

(739)

$

(112)

$

(1,955)

$

101

$

436

The activity in share owners’ equity for the nine months ended September 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 (0.7 million shares)

(10)

17

7

Stock compensation (0.9 million shares)

8

8

Net earnings (loss)

278

11

289

Other comprehensive loss

(582)

(10)

(592)

Dividends declared

(8)

(8)

Other

(3)

(3)

Balance on September 30, 2020

$

2

$

3,128

$

(719)

$

181

$

(2,425)

$

98

$

265

Share Owners’ Equity of the Company

    

    

    

    

    

Accumulated

    

    

Capital in

Retained

Other

Non-

Total Share

Common

Excess of

Treasury

Earnings

Comprehensive

controlling

Owners' 

Stock

Par Value

Stock

(Loss)

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)

(2)

9

 

7

Treasury shares purchased (2.1 million shares)

(38)

(38)

Stock compensation (1.7 million shares)

15

 

15

Net earnings

(430)

17

 

(413)

Other comprehensive income (loss)

13

(30)

 

(17)

Dividends declared

(15)

(15)

Other

(5)

(5)

Balance on September 30, 2019

$

2

$

3,139

$

(739)

$

(112)

$

(1,955)

$

101

$

436

Schedule of shares outstanding

Shares Outstanding (in thousands)

 

September 30,

December 31,

September 30,

 

    

2020

    

2019

    

2019

 

Shares of common stock issued (including treasury shares)

 

189,302

188,447

188,442

Treasury shares

 

32,136

32,573

32,812