Reportable Segment Information (Tables)

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Reportable Segment Information

(Thousands of dollars)	Three Months Ended September 30, 2019
	The Americas Group			Consumer Brands Group		Performance Coatings Group		Administrative			Consolidated Totals
Net external sales	$	2,898,158		$	678,473	$	1,290,247	$	772		$	4,867,650
Intersegment transfers	(6		)	995,115		29,495		(1,024,604		)
Total net sales and intersegment transfers	$	2,898,152		$	1,673,588	$	1,319,742	$	(1,023,832	)	$	4,867,650
Segment profit	$	663,671		$	114,891	$	137,432				$	915,994
California litigation expense adjustment								$	34,667		34,667
Interest expense								(85,282		)	(85,282		)
Administrative expenses and other								(155,546		)	(155,546		)
Income before income taxes	$	663,671		$	114,891	$	137,432	$	(206,161	)	$	709,833

(Thousands of dollars)	Three Months Ended September 30, 2018
	The Americas Group		Consumer Brands Group		Performance Coatings Group		Administrative			Consolidated Totals
Net external sales	$	2,665,663	$	770,543	$	1,294,579	$	685		$	4,731,470
Intersegment transfers	233		936,281		4,474		(940,988		)
Total net sales and intersegment transfers	$	2,665,896	$	1,706,824	$	1,299,053	$	(940,303	)	$	4,731,470
Segment profit	$	577,738	$	83,941	$	104,868				$	766,547
California litigation expense							$	(136,333	)	(136,333		)
Interest expense							(92,281		)	(92,281		)
Administrative expenses and other							(121,980		)	(121,980		)
Income before income taxes	$	577,738	$	83,941	$	104,868	$	(350,594	)	$	415,953

(Thousands of dollars)	Nine Months Ended September 30, 2019
	The Americas Group		Consumer Brands Group		Performance Coatings Group		Administrative			Consolidated Totals
Net external sales	$	7,809,059	$	2,137,447	$	3,838,002	$	1,863		$	13,786,371
Intersegment transfers	1		2,768,947		88,331		(2,857,279		)
Total net sales and intersegment transfers	$	7,809,060	$	4,906,394	$	3,926,333	$	(2,855,416	)	$	13,786,371
Segment profit	$	1,607,143	$	343,482	$	386,452				$	2,337,077
California litigation expense adjustment							$	34,667		34,667
Interest expense							(265,474		)	(265,474		)
Administrative expenses and other							(421,882		)	(421,882		)
Income before income taxes	$	1,607,143	$	343,482	$	386,452	$	(652,689	)	$	1,684,388

(Thousands of dollars)	Nine Months Ended September 30, 2018
	The Americas Group		Consumer Brands Group		Performance Coatings Group		Administrative			Consolidated Totals
Net external sales	$	7,371,135	$	2,204,668	$	3,891,678	$	2,791		$	13,470,272
Intersegment transfers	506		2,657,614		16,888		(2,675,008		)
Total net sales and intersegment transfers	$	7,371,641	$	4,862,282	$	3,908,566	$	(2,672,217	)	$	13,470,272
Segment profit	$	1,485,027	$	249,072	$	339,828				$	2,073,927
California litigation expense							$	(136,333	)	(136,333		)
Interest expense							(277,335		)	(277,335		)
Administrative expenses and other							(402,634		)	(402,634		)
Income before income taxes	$	1,485,027	$	249,072	$	339,828	$	(816,302	)	$	1,257,625