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Share Owners' Equity (Tables)
9 Months Ended
Sep. 30, 2019
Share Owners' Equity  
Activity in share owner's equity

The activity in share owners’ equity for the three months ended September 30, 2019 and 2018 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)

Loss

Interests

Equity

Balance on July 1, 2019

$

2

3,136

(742)

470

(1,891)

115

$

1,090

Reissuance of common stock (0.01 million shares)

(1)

3

 

2

Stock compensation (0.01 million shares)

4

 

4

Net earnings (loss)

(575)

8

 

(567)

Other comprehensive loss

(64)

(22)

 

(86)

Dividends declared

(7)

 

(7)

Balance on September 30, 2019

$

2

$

3,139

$

(739)

$

(112)

$

(1,955)

$

101

$

436

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

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

The activity in share owners’ equity for the nine months ended September 30, 2019 and 2018 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)

Loss

Interests

Equity

 

Balance on January 1, 2019

$

2

3,124

(705)

333

(1,968)

114

$

900

Issuance of common stock (0.1 million shares)

2

2

Reissuance of common stock (0.2 million shares)

(2)

9

7

Treasury shares purchased (2.1 million shares)

(38)

(38)

Stock compensation (1.7 million shares)

15

15

Net earnings (loss)

(430)

17

(413)

Other comprehensive income (loss)

13

(30)

(17)

Dividends declared

(15)

(15)

Other

(5)

(5)

Balance on September 30, 2019

$

2

$

3,139

$

(739)

$

(112)

$

(1,955)

$

101

$

436

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

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

Schedule of shares outstanding

Shares Outstanding (in thousands)

 

September 30,

December 31,

September 30,

 

    

2019

    

2018

    

2018

 

Shares of common stock issued (including treasury shares)

 

188,442

186,576

186,440

Treasury shares

 

32,812

30,918

27,741