Borden reported record sales and earnings for the full year of 1987 and the fourth quarter. Net income for 1987 was $267.1 million, 19.6% more than 1986. Sales of $6.51 billion were up 30.2%. For the fourth quarter, net income was $81.3 million, up 18.2%. Sales of $1.80 billion were 33% higher than in the comparable quarter. The New York company attributed the gains to improved performance in all four of its divisions.