SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Segment Information

Financial information for our segments is as follows:

for the years ended December 31 (in millions)	2020		2019		2018
Net sales:
Americas	$	6,321	$	6,306	$	6,156
EMEA	2,877		2,756		2,741
APAC	2,475		2,300		2,202
Total net sales	$	11,673	$	11,362	$	11,099
Operating income:
Americas	$	2,389	$	2,499	$	2,533
EMEA	523		527		544
APAC	591		549		532
Total segment operating income	$	3,503	$	3,575	$	3,609
Depreciation Expense:
Americas	$	249	$	255	$	229
EMEA	150		149		158
APAC	94		85		95
Corporate and other	108		117		120
Total depreciation expense	$	601	$	606	$	602
Capital expenditures:
Americas	$	380	$	325	$	296
EMEA	157		143		140
APAC	103		98		122
Corporate and other	84		120		134
Total capital expenditures	$	724	$	686	$	692

Operating Income to Income from Continuing Operations Reconciliation

The following table is a reconciliation of segment operating income to income from continuing operations before income taxes per the consolidated statements of income.

for the years ended December 31 (in millions)	2020		2019		2018
Total segment operating income	$	3,503	$	3,575	$	3,609
Corporate and other	(1,887)		(1,803)		(2,025)
Total operating income	1,616		1,772		1,584
Net interest expense	134		71		45
Other (income) expense, net	190		731		(78)
Income from continuing operations before income taxes	$	1,292	$	970	$	1,617

Geographic Information

for the years ended December 31 (in millions)	2020		2019		2018
Net sales:
United States	$	4,878	$	4,826	$	4,723
Latin America and Canada	1,191		1,268		1,228
EMEA	3,129		2,968		2,946
APAC	2,475		2,300		2,202
Total net sales	$	11,673	$	11,362	$	11,099

as of December 31 (in millions)	2020		2019
PP&E and operating lease right-of-use assets, net:
United States	$	1,888	$	1,889
EMEA	1,556		1,447
APAC	1,024		959
Latin America and Canada	857		825
Consolidated PP&E and operating lease right-of-use assets, net	$	5,325	$	5,120