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Reportable Segment Information (Tables)
3 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Reportable segment information
(Thousands of dollars)
Three Months Ended March 31, 2015
 
Paint Stores
Group
 
Consumer
Group
 
Global
Finishes
Group
 
Latin America
Coatings
Group
 
Administrative
 
Consolidated
Totals
Net external sales
$
1,461,505

 
$
351,690

 
$
469,556

 
$
166,231

 
$
1,302

 
$
2,450,284

Intersegment transfers
 
 
607,538

 
1,774

 
10,069

 
(619,381
)
 
 
Total net sales and intersegment transfers
$
1,461,505

 
$
959,228

 
$
471,330

 
$
176,300

 
$
(618,079
)
 
$
2,450,284

 
 
 
 
 
 
 
 
 
 
 
 
Segment profit
$
176,576

 
$
55,406

 
$
38,900

 
$
9,500

 
 
 
$
280,382

Interest expense
 
 
 
 
 
 
 
 
$
(12,351
)
 
(12,351
)
Administrative expenses and other
 
 
 
 
 
 
 
 
(74,790
)
 
(74,790
)
Income before income taxes
$
176,576

 
$
55,406

 
$
38,900

 
$
9,500

 
$
(87,141
)
 
$
193,241

 
Three Months Ended March 31, 2014
 
Paint Stores
Group
 
Consumer
Group
 
Global
Finishes
Group
 
Latin America
Coatings
Group
 
Administrative
 
Consolidated
Totals
Net external sales
$
1,360,003

 
$
325,299

 
$
497,639

 
$
182,388

 
$
1,227

 
$
2,366,556

Intersegment transfers
 
 
546,562

 
1,413

 
10,122

 
(558,097
)
 
 
Total net sales and intersegment transfers
$
1,360,003

 
$
871,861

 
$
499,052

 
$
192,510

 
$
(556,870
)
 
$
2,366,556

 
 
 
 
 
 
 
 
 
 
 
 
Segment profit
$
146,265

 
$
51,088

 
$
46,477

 
$
9,987

 
 
 
$
253,817

Interest expense
 
 
 
 
 
 
 
 
$
(16,394
)
 
(16,394
)
Administrative expenses and other
 
 
 
 
 
 
 
 
(71,346
)
 
(71,346
)
Income before income taxes
$
146,265

 
$
51,088

 
$
46,477

 
$
9,987

 
$
(87,740
)
 
$
166,077