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CONDENSED CONSOLIDATED RESULTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
CONSOLIDATED RESULTS OF OPERATIONS        
Net sales $ 1,566 $ 1,745 $ 4,530 $ 5,181
Cost of goods sold (1,290) (1,408) (3,712) (4,165)
Gross profit 276 337 818 1,016
Selling and administrative expense (109) (118) (351) (382)
Research, development and engineering expense (15) (15) (46) (47)
Interest expense, net (67) (53) (188) (161)
Equity earnings 17 13 46 48
Other expense, net (44) (73) (59) (70)
Earnings from continuing operations before income taxes 58 91 220 404
Provision for income taxes (33) (23) (73) (89)
Earnings from continuing operations 25 68 147 315
Loss from discontinued operations (1) (1) (3) (22)
Net earnings 24 67 144 293
Net earnings attributable to noncontrolling interests (7) (7) (16) (18)
Net earnings attributable to the Company 17 60 128 275
Amounts attributable to the Company:        
Earnings from continuing operations 18 61 131 297
Loss from discontinued operations (1) (1) (3) (22)
Net earnings $ 17 $ 60 $ 128 $ 275
Basic earnings per share:        
Earnings from continuing operations (in dollars per share) $ 0.11 $ 0.37 $ 0.81 $ 1.80
Loss from discontinued operations (in dollars per share) (0.01)   (0.02) (0.13)
Net earnings (in dollars per share) $ 0.10 $ 0.37 $ 0.79 $ 1.67
Weighted average shares outstanding (thousands) (in shares) 160,730 164,798 161,284 164,821
Diluted earnings per share:        
Earnings from continuing operations (in dollars per share) $ 0.11 $ 0.37 $ 0.81 $ 1.79
Loss from discontinued operations (in dollars per share) (0.01)   (0.02) (0.13)
Net earnings (in dollars per share) $ 0.10 $ 0.37 $ 0.79 $ 1.66
Weighted average diluted shares outstanding (thousands) (in shares) 161,612 166,138 162,264 166,187