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CONSOLIDATED RESULTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
CONSOLIDATED RESULTS OF OPERATIONS    
Net sales $ 1,638 $ 1,736
Cost of goods sold. (1,340) (1,417)
Gross profit 298 319
Selling and administrative expense (115) (126)
Research, development and engineering expense (16) (16)
Interest expense, net (65) (62)
Equity earnings 19 17
Other income (expense), net (10) 3
Earnings from continuing operations before income taxes 111 135
Provision for income taxes (27) (32)
Earnings from continuing operations 84 103
Net earnings 84 103
Net earnings attributable to noncontrolling interests (5) (5)
Net earnings attributable to the Company 79 98
Amounts attributable to the Company:    
Earnings from continuing operations 79 98
Net earnings attributable to the Company $ 79 $ 98
Basic earnings per share:    
Earnings from continuing operations (in dollars per share) $ 0.51 $ 0.60
Net earnings (in dollars per share) $ 0.51 $ 0.60
Weighted average shares outstanding (thousands) (in shares) 154,361 162,919
Diluted earnings per share:    
Earnings from continuing operations (in dollars per share) $ 0.51 $ 0.59
Net earnings (in dollars per share) $ 0.51 $ 0.59
Weighted average diluted shares outstanding (thousands) (in shares) 156,635 165,186