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Reportable Segment Information (Tables)
3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Reportable Segment Information
(Thousands of dollars)
Three Months Ended March 31, 2019
 
The Americas
Group
 
Consumer Brands
Group
 
Performance
Coatings
Group
 
Administrative
 
Consolidated
Totals
Net external sales
$
2,154,853

 
$
654,502

 
$
1,230,798

 
$
708

 
$
4,040,861

Intersegment transfers
6

 
792,786

 
28,486

 
(821,278
)
 

Total net sales and intersegment transfers
$
2,154,859

 
$
1,447,288

 
$
1,259,284

 
$
(820,570
)
 
$
4,040,861

 
 
 
 
 
 
 
 
 
 
Segment profit
$
331,088

 
$
87,937

 
$
98,693

 

 
$
517,718

Interest expense

 

 

 
$
(90,994
)
 
(90,994
)
Administrative expenses and other

 

 

 
(127,870
)
 
(127,870
)
Income before income taxes
$
331,088

 
$
87,937

 
$
98,693

 
$
(218,864
)
 
$
298,854


 
Three Months Ended March 31, 2018
 
The Americas
Group
 
Consumer Brands
Group
 
Performance
Coatings
Group
 
Administrative
 
Consolidated
Totals
Net external sales
$
2,080,415

 
$
656,379

 
$
1,227,775

 
$
437

 
$
3,965,006

Intersegment transfers
53

 
766,063

 
5,844

 
(771,960
)
 

Total net sales and intersegment transfers
$
2,080,468

 
$
1,422,442

 
$
1,233,619

 
$
(771,523
)
 
$
3,965,006

 
 
 
 
 
 
 
 
 
 
Segment profit
$
337,392

 
$
74,228

 
$
90,766

 

 
$
502,386

Interest expense

 

 

 
$
(91,547
)
 
(91,547
)
Administrative expenses and other

 

 

 
(107,253
)
 
(107,253
)
Income before income taxes
$
337,392

 
$
74,228

 
$
90,766

 
$
(198,800
)
 
$
303,586