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Share Owners' Equity (Tables)
9 Months Ended
Sep. 30, 2018
Share Owners' Equity  
Activity in share owner's equity

The activity in share owners’ equity for the three months ended September 30, 2018 and 2017 is as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Share Owners’ Equity of the Company

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

Accumulated

    

 

 

    

 

 

 

 

 

 

 

Capital in

 

 

 

 

 

 

 

Other

 

Non-

 

Total Share

 

 

 

Common

 

Excess of

 

Treasury

 

Retained

 

Comprehensive

 

controlling

 

Owners' 

 

 

 

Stock

 

Par Value

 

Stock

 

Earnings

 

Loss

 

Interests

 

Equity

 

Balance on July 1, 2018

 

$

 2

 

$

3,115

 

$

(642)

 

$

232

 

$

(1,929)

 

$

120

 

$

898

 

Issuance of common stock (0.01 million shares)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 —

 

Reissuance of common stock (0.1 million shares)

 

 

 

 

 

 

 

 

 3

 

 

 

 

 

 

 

 

 

 

 

 3

 

Treasury shares purchased (0.7 million shares)

 

 

 

 

 

 

 

 

(12)

 

 

 

 

 

 

 

 

 

 

 

(12)

 

Stock compensation (0.05 million shares)

 

 

 

 

 

 5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 5

 

Net earnings

 

 

 

 

 

 

 

 

 

 

 

120

 

 

 

 

 

 7

 

 

127

 

Other comprehensive income (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

54

 

 

(8)

 

 

46

 

Balance on September 30, 2018

 

$

 2

 

$

3,120

 

$

(651)

 

$

352

 

$

(1,875)

 

$

119

 

$

1,067

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Share Owners’ Equity of the Company

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

Accumulated

    

 

 

    

 

 

 

 

 

 

 

Capital in

 

 

 

 

 

 

 

Other

 

Non-

 

Total Share

 

 

 

Common

 

Excess of

 

Treasury

 

Retained

 

Comprehensive

 

controlling

 

Owners' 

 

 

    

Stock

    

Par Value

    

Stock

 

Earnings

 

Loss

 

Interests

 

Equity

 

Balance on July 1, 2017

 

$

 2

 

$

3,088

 

$

(555)

 

$

92

 

$

(1,957)

 

$

109

 

$

779

 

Issuance of common stock (0.03 million shares)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 —

 

Reissuance of common stock (0.1 million shares)

 

 

 

 

 

 

 

 

 2

 

 

 

 

 

 

 

 

 

 

 

 2

 

Stock compensation (0.1 million shares)

 

 

 

 

 

 5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 5

 

Net earnings

 

 

 

 

 

 

 

 

 

 

 

126

 

 

 

 

 

 7

 

 

133

 

Other comprehensive income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

19

 

 

 1

 

 

20

 

Balance on September 30, 2017

 

$

 2

 

$

3,093

 

$

(553)

 

$

218

 

$

(1,938)

 

$

117

 

$

939

 

The activity in share owners’ equity for the nine months ended September 30, 2018 and 2017 is as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Share Owners’ Equity of the Company

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

Accumulated

    

 

 

    

 

 

 

 

 

 

 

Capital in

 

 

 

 

 

 

 

Other

 

Non-

 

Total Share

 

 

 

Common

 

Excess of

 

Treasury

 

Retained

 

Comprehensive

 

controlling

 

Owners' 

 

 

 

Stock

 

Par Value

 

Stock

 

Earnings

 

Loss

 

Interests

 

Equity

 

Balance on January 1, 2018

 

$

 2

 

$

3,099

 

$

(551)

 

 

85

 

$

(1,827)

 

$

119

 

$

927

 

Issuance of common stock (0.03 million shares)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 —

 

Reissuance of common stock (0.3 million shares)

 

 

 

 

 

 

 

 

 7

 

 

 

 

 

 

 

 

 

 

 

 7

 

Treasury shares purchased (5.4 million shares)

 

 

 

 

 

 

 

 

(107)

 

 

 

 

 

 

 

 

 

 

 

(107)

 

Stock compensation (0.7 million shares)

 

 

 

 

 

21

 

 

 

 

 

 

 

 

 

 

 

 

 

 

21

 

Net earnings

 

 

 

 

 

 

 

 

 

 

 

267

 

 

 

 

 

18

 

 

285

 

Other comprehensive loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(48)

 

 

(18)

 

 

(66)

 

Balance on September 30, 2018

 

$

 2

 

$

3,120

 

$

(651)

 

$

352

 

$

(1,875)

 

$

119

 

$

1,067

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Share Owners’ Equity of the Company

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

Accumulated

    

 

 

    

 

 

 

 

 

 

 

Capital in

 

 

 

 

 

 

 

Other

 

Non-

 

Total Share

 

 

 

Common

 

Excess of

 

Treasury

 

Retained

 

Comprehensive

 

controlling

 

Owners' 

 

 

 

Stock

 

Par Value

 

Stock

 

Earnings

 

Loss

 

Interests

 

Equity

 

Balance on January 1, 2017

 

$

 2

 

$

3,080

 

$

(560)

 

 

(96)

 

$

(2,172)

 

$

109

 

$

363

 

Issuance of common stock (0.05 million shares)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 —

 

Reissuance of common stock (0.3 million shares)

 

 

 

 

 

 

 

 

 7

 

 

 

 

 

 

 

 

 

 

 

 7

 

Stock compensation (0.3 million shares)

 

 

 

 

 

13

 

 

 

 

 

 

 

 

 

 

 

 

 

 

13

 

Net earnings

 

 

 

 

 

 

 

 

 

 

 

314

 

 

 

 

 

15

 

 

329

 

Other comprehensive income (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

234

 

 

(7)

 

 

227

 

Balance on September 30, 2017

 

$

 2

 

$

3,093

 

$

(553)

 

$

218

 

$

(1,938)

 

$

117

 

$

939

 

 

Schedule of shares outstanding

 

 

 

 

 

 

 

 

 

 

Shares Outstanding (in thousands)

 

 

 

September 30,

 

December 31,

 

September 30,

 

 

    

2018

    

2017

    

2017

 

 

 

 

 

 

 

 

 

Shares of common stock issued (including treasury shares)

 

186,440

 

185,728

 

185,722

 

 

 

 

 

 

 

 

 

Treasury shares

 

27,741

 

22,649

 

22,731