Reportable Segment Information (Tables)

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Reportable segment information

(Thousands of dollars)	Three Months Ended March 31, 2016
	Paint Stores Group		Consumer Group		Global Finishes Group		Latin America Coatings Group			Administrative			Consolidated Totals
Net external sales	$	1,615,307	$	378,086	$	454,166	$	125,187		$	1,278		$	2,574,024
Intersegment transfers			613,630		1,956		8,693			(624,279		)
Total net sales and intersegment transfers	$	1,615,307	$	991,716	$	456,122	$	133,880		$	(623,001	)	$	2,574,024
Segment profit	$	253,534	$	63,964	$	48,582	$	(928	)				$	365,152
Interest expense										$	(25,732	)	(25,732		)
Administrative expenses and other										(123,055		)	(123,055		)
Income before income taxes	$	253,534	$	63,964	$	48,582	$	(928	)	$	(148,787	)	$	216,365

	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