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Reportable Segment Information (Tables)
 6 Months Ended
Jun. 30, 2013
Segment Reporting [Abstract]  
Reportable segment information
(Thousands of dollars)
Three Months Ended June 30, 2013
 
Paint Stores
Group
 
Consumer
Group
 
Global
Finishes
Group
 
Latin America
Coatings
Group
 
Administrative
 
Consolidated
Totals
Net external sales
$
1,606,509

 
$
393,660

 
$
513,524

 
$
198,991

 
$
1,205

 
$
2,713,889

Intersegment transfers
 
 
658,202

 
3,740

 
9,691

 
(671,633
)
 
 
Total net sales and intersegment transfers
$
1,606,509

 
$
1,051,862

 
$
517,264

 
$
208,682

 
$
(670,428
)
 
$
2,713,889

 
 
 
 
 
 
 
 
 
 
 
 
Segment profit
$
332,972

 
$
79,042

(1) 
$
54,462

 
$
856

 
 
 
$
467,332

Interest expense
 
 
 
 
 
 
 
 
$
(15,069
)
 
(15,069
)
Administrative expenses and other
 
 
 
 
 
 
 
 
(71,379
)
 
(71,379
)
Income before income taxes
$
332,972

 
$
79,042

 
$
54,462

 
$
856

 
$
(86,448
)
 
$
380,884

 
Three Months Ended June 30, 2012
 
Paint Stores
Group
 
Consumer
Group
 
Global
Finishes
Group
 
Latin America
Coatings
Group
 
Administrative
 
Consolidated
Totals
Net external sales
$
1,488,109

 
$
397,749

 
$
498,693

 
$
187,281

 
$
1,190

 
$
2,573,022

Intersegment transfers
 
 
655,276

 
1,935

 
11,649

 
(668,860
)
 
 
Total net sales and intersegment transfers
$
1,488,109

 
$
1,053,025

 
$
500,628

 
$
198,930

 
$
(667,670
)
 
$
2,573,022

 
 
 
 
 
 
 
 
 
 
 
 
Segment profit
$
266,982

 
$
80,757

(1) 
$
48,032

 
$
9,281

 
 
 
$
405,052

Interest expense
 
 
 
 
 
 
 
 
$
(10,230
)
 
(10,230
)
Administrative expenses and other
 
 
 
 
 
 
 
 
(67,019
)
 
(67,019
)
Income before income taxes
$
266,982

 
$
80,757

 
$
48,032

 
$
9,281

 
$
(77,249
)
 
$
327,803

(1) Segment profit includes $8,108 and $7,968 of mark-up on intersegment transfers realized as a result of external sales by the Paint Stores Group during the second quarter of 2013 and 2012, respectively.
 
Six Months Ended June 30, 2013
 
Paint Stores
Group
 
Consumer
Group
 
Global
Finishes
Group
 
Latin America
Coatings 
Group
 
Administrative
 
Consolidated
Totals
Net external sales
$
2,774,446

 
$
702,240

 
$
1,000,342

 
$
401,627

 
$
2,402

 
$
4,881,057

Intersegment transfers
 
 
1,165,906

 
5,031

 
19,912

 
(1,190,849
)
 
 
Total net sales and intersegment transfers
$
2,774,446

 
$
1,868,146

 
$
1,005,373

 
$
421,539

 
$
(1,188,447
)
 
$
4,881,057

 
 
 
 
 
 
 
 
 
 
 
 
Segment profit
$
462,685

 
$
133,014

(2) 
$
88,393

 
$
21,695

 
 
 
$
705,787

Interest expense
 
 
 
 
 
 
 
 
$
(30,380
)
 
(30,380
)
Administrative expenses and other
 
 
 
 
 
 
 
 
(126,139
)
 
(126,139
)
Income before income taxes
$
462,685

 
$
133,014

 
$
88,393

 
$
21,695

 
$
(156,519
)
 
$
549,268


 
Six Months Ended June 30, 2012
 
Paint Stores
Group
 
Consumer
Group
 
Global
Finishes
Group
 
Latin America
Coatings 
Group
 
Administrative
 
Consolidated
Totals
Net external sales
$
2,611,187

 
$
718,122

 
$
981,768

 
$
395,874

 
$
2,415

 
$
4,709,366

Intersegment transfers
 
 
1,158,776

 
4,265

 
22,624

 
(1,185,665
)
 
 
Total net sales and intersegment transfers
$
2,611,187

 
$
1,876,898

 
$
986,033

 
$
418,498

 
$
(1,183,250
)
 
$
4,709,366

 
 
 
 
 
 
 
 
 
 
 
 
Segment profit
$
379,694

 
$
136,063

(2) 
$
76,669

 
$
29,168

 
 
 
$
621,594

Interest expense
 
 
 
 
 
 
 
 
$
(20,567
)
 
(20,567
)
Administrative expenses and other
 
 
 
 
 
 
 
 
(130,909
)
 
(130,909
)
Income before income taxes
$
379,694

 
$
136,063

 
$
76,669

 
$
29,168

 
$
(151,476
)
 
$
470,118

(2) Segment profit includes $14,278 and $14,644 of mark-up on intersegment transfers realized as a result of external sales by the Paint Stores Group during the first six months of 2013 and 2012, respectively.