Share Owners' Equity (Tables)

9 Months Ended

Sep. 30, 2013

Share Owners' Equity

Activity in share owners' equity

The activity in share owners’ equity for the three months ended September 30, 2013 and 2012 is as follows:

	Share Owner’s Equity of the Company
	Other Contributed Capital			Retained Earnings		Accumulated Other Comprehensive Loss			Non-controlling Interests		Total Share Owners’ Equity
Balance on July 1, 2013	$	80		$	2,884	$	(1,518	)	$	160	$	1,606
Net distribution to parent	(52		)								(52		)
Comprehensive income:
Net earnings				130					6		136
Foreign currency translation adjustments						21					21
Pension and other postretirement benefit adjustments, net of tax						18					18
Contributions from noncontrolling interests									1		1
Balance on September 30, 2013	$	28		$	3,014	$	(1,479	)	$	167	$	1,730

	Share Owner’s Equity of the Company
	Other Contributed Capital			Retained Earnings		Accumulated Other Comprehensive Loss			Non-controlling Interests			Total Share Owners’ Equity
Balance on July 1, 2012	$	249		$	2,598	$	(1,332	)	$	142		$	1,657
Net distribution to parent	(37		)									(37		)
Comprehensive income:
Net earnings				90					7			97
Foreign currency translation adjustments						84			2			86
Pension and other postretirement benefit adjustments, net of tax						16						16
Change in fair value of derivative instruments						3						3
Dividends paid to noncontrolling interests on subsidiary common stock									(1		)	(1		)
Balance on September 30, 2012	$	212		$	2,688	$	(1,229	)	$	150		$	1,821

The activity in share owners’ equity for the nine months ended September 30, 2013 and 2012 is as follows:

	Share Owner’s Equity of the Company
	Other Contributed Capital			Retained Earnings		Accumulated Other Comprehensive Loss			Non-controlling Interests			Total Share Owners’ Equity
Balance on January 1, 2013	$	124		$	2,683	$	(1,465	)	$	174		$	1,516
Net distribution to parent	(96		)									(96		)
Comprehensive income:
Net earnings				331					16			347
Foreign currency translation adjustments						(167		)	(6		)	(173		)
Pension and other postretirement benefit adjustments, net of tax						153						153
Dividends paid to noncontrolling interests on subsidiary common stock									(21		)	(21		)
Contribution from noncontrolling interests									4			4
Balance on September 30, 2013	$	28		$	3,014	$	(1,479	)	$	167		$	1,730

	Share Owner’s Equity of the Company
	Other Contributed Capital			Retained Earnings		Accumulated Other Comprehensive Loss			Non-controlling Interests			Total Share Owners’ Equity
Balance on January 1, 2012	$	295		$	2,344	$	(1,280	)	$	153		$	1,512
Net distribution to parent	(83		)									(83		)
Comprehensive income:
Net earnings				344					15			359
Foreign currency translation adjustments						(28		)	6			(22		)
Pension and other postretirement benefit adjustments, net of tax						73						73
Change in fair value of derivative instruments						6						6
Dividends paid to noncontrolling interests on subsidiary common stock									(24		)	(24		)
Balance on September 30, 2012	$	212		$	2,688	$	(1,229	)	$	150		$	1,821