| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net sales | |||||||||||
11,665 | 11,151 | 8,698 | 8,284 | 8,762 | 9,097 | 8,656 | 8,470 | 8,644 | 7,941 | 7,938 | 8,305 |
Cost of products sold, excluding depreciation and amortization | |||||||||||
9,349 | 9,028 | 7,006 | 6,623 | 7,140 | 7,525 | 7,180 | 7,013 | 7,120 | 6,519 | 6,551 | 6,885 |
Gross profit | |||||||||||
- | - | - | - | - | - | - | 1,277 | 1,348 | 1,250 | 1,193 | 1,204 |
Depreciation and amortization | |||||||||||
490 | 425 | 247 | 247 | 237 | 190 | 134 | 180 | 176 | 172 | 194 | 216 |
Selling and administrative expense | |||||||||||
631 | 558 | 367 | 366 | 382 | 398 | 425 | 382 | 395 | 360 | 381 | 396 |
Provision for asbestos | |||||||||||
0 | 0 | 3 | 21 | 26 | 40 | 32 | 35 | 28 | 46 | 55 | 25 |
Restructuring and other | |||||||||||
-26 | 44 | 51 | 30 | 64 | 129 | 34 | 0 | 77 | 42 | 43 | 21 |
Goodwill, Impairment Loss | |||||||||||
25 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Income from operations | |||||||||||
1,196 | 1,096 | 1,024 | 997 | 913 | 815 | 851 | - | - | - | - | - |
Asset impairments and sales | |||||||||||
- | - | - | - | - | - | - | - | -6 | 18 | 6 | 6 |
Loss from early extinguishments of debt | |||||||||||
-27 | 0 | -7 | -37 | -9 | -34 | -41 | 0 | -32 | -16 | 26 | -2 |
Other pension and postretirement | |||||||||||
13 | -25 | -53 | -24 | -14 | - | - | - | - | - | - | - |
Interest expense | |||||||||||
378 | 384 | 252 | 243 | 270 | 253 | 236 | 226 | 232 | 203 | 247 | 302 |
Interest income | |||||||||||
17 | 21 | 15 | 12 | 11 | 7 | 5 | 7 | 11 | 9 | 6 | 11 |
Foreign exchange | |||||||||||
-9 | -18 | -4 | 16 | -20 | -14 | -3 | 1 | -2 | 4 | 6 | -21 |
Income before income taxes | |||||||||||
786 | 740 | 829 | 769 | 639 | 521 | 576 | 642 | 587 | 614 | 459 | 442 |
Income Tax Expense (Benefit) | |||||||||||
166 | 216 | 401 | 186 | 178 | 43 | 148 | -17 | 194 | 165 | 7 | 112 |
Equity earnings / (loss) in affiliates | |||||||||||
5 | 4 | 0 | 0 | - | - | - | 5 | 3 | 3 | -2 | 0 |
Net income | |||||||||||
625 | 528 | 428 | 583 | 461 | 478 | 428 | 664 | 396 | 452 | 450 | 330 |
Net Income (Loss) Attributable to Noncontrolling Interest | |||||||||||
115 | 89 | 105 | 87 | 68 | 88 | 104 | 105 | 114 | 128 | 116 | 104 |
Net Income (Loss) Attributable to Parent | |||||||||||
510 | 439 | 323 | 496 | 393 | 390 | 324 | 559 | 282 | 324 | 334 | 226 |
Earnings Per Share [Abstract] | |||||||||||
Earnings Per Share, Basic | |||||||||||
3.81 | 3.28 | 2.39 | 3.58 | 2.85 | 2.84 | 2.32 | 3.83 | 1.86 | 2.03 | 2.10 | 1.42 |
Earnings Per Share, Diluted | |||||||||||
3.78 | 3.28 | 2.38 | 3.56 | 2.82 | 2.82 | 2.30 | 3.77 | 1.83 | 2.00 | 2.06 | 1.39 |