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Segment and Geographic Information
 12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Segment and Geographic Information Segment and Geographic Information
Segment Information
The Company operates in two principal operating segments: Olefins and Vinyls. These segments are strategic business units that offer a variety of different products. The Company manages each segment separately as each business requires different technology and marketing strategies.
The Company's Olefins segment manufactures and markets polyethylene, styrene monomer and various ethylene co-products. The Company's ethylene production is used in the Company's polyethylene, styrene and VCM operations. In addition, the Company sells ethylene and ethylene co-products, primarily propylene, crude butadiene, pyrolysis gasoline and hydrogen, to external customers.
No single customer accounted for more than 10% of sales in the Olefins segment for the years ended December 31, 2019, 2018 or 2017.
The Company's Vinyl segment manufactures and markets PVC, VCM, ethylene dichloride ("EDC"), chlor-alkali (chlorine and caustic soda), chlorinated derivative products and ethylene. The Company also manufactures and sells building products fabricated primarily from PVC, including residential siding, trim and mouldings, pipe and fittings for various water, sewer and industrial applications, profiles for windows and doors, decking products, film for various inflatables, wall covering tapes, roofing applications and composite roof tiles. The Company's primary North American chemical manufacturing facilities are located in its Calvert City, Kentucky and Lake Charles, Plaquemine and Geismar, Louisiana sites. The Company also produces chlorine, caustic soda, hydrogen and chlorinated derivative products at its facilities in Natrium, Longview, Washington and Beauharnois, Quebec and PVC resin and PVC compounds at several facilities in Mississippi. In addition to North America, the Company also has manufacturing facilities in Europe and Asia.
As of December 31, 2019, the Company owned 36 building products and PVC compound facilities. The Company primarily uses its chlorine, VCM and PVC production to manufacture its building products. No single customer accounted for more than 10% of sales in the Vinyls segment for the years ended December 31, 2019, 2018 or 2017.
The accounting policies of the individual segments are the same as those described in Note 1.
 
 
Year Ended December 31,
 
 
2019
 
2018
 
2017
Net external sales
 
 
 
 
 
 
Olefins
 
 
 
 
 
 
Polyethylene
 
$
1,301

 
$
1,519

 
$
1,518

Styrene, feedstock and other
 
481

 
500

 
533

Total olefins
 
1,782

 
2,019

 
2,051

Vinyls
 
 
 
 
 
 
PVC, caustic soda and other
 
5,068

 
5,359

 
4,769

Building products
 
1,268

 
1,257

 
1,221

Total vinyls
 
6,336

 
6,616

 
5,990

 
 
$
8,118

 
$
8,635

 
$
8,041

 
 
 
 
 
 
 
Intersegment sales
 
 
 
 
 
 
Olefins
 
$
324

 
$
500

 
$
393

Vinyls
 
1

 
2

 
1

 
 
$
325

 
$
502

 
$
394

 
 
 
 
 
 
 
Income (loss) from operations
 
 
 
 
 
 
Olefins
 
$
260

 
$
573

 
$
655

Vinyls
 
451

 
913

 
639

Corporate and other
 
(55
)
 
(78
)
 
(69
)
 
 
$
656

 
$
1,408

 
$
1,225

 
 
 
 
 
 
 
Depreciation and amortization
 
 
 
 
 
 
Olefins
 
$
142

 
$
138

 
$
145

Vinyls
 
563

 
491

 
449

Corporate and other
 
8

 
12

 
7

 
 
$
713

 
$
641

 
$
601

 
 
 
 
 
 
 
Other income, net
 
 
 
 
 
 
Olefins
 
$
5

 
$
4

 
$
3

Vinyls
 
18

 
35

 
7

Corporate and other
 
15

 
13

 
5

 
 
$
38

 
$
52

 
$
15

 
 
 
 
 
 
 
Provision for (benefit from) income taxes
 
 
 
 
 
 
Olefins
 
$
60

 
$
128

 
$
63

Vinyls
 
40

 
212

 
(302
)
Corporate and other
 
8

 
(40
)
 
(19
)
 
 
$
108

 
$
300

 
$
(258
)
 
 
 
 
 
 
 
Capital expenditures
 
 
 
 
 
 
Olefins
 
$
117

 
$
110

 
$
97

Vinyls
 
664

 
585

 
459

Corporate and other
 
6

 
7

 
21

 
 
$
787

 
$
702

 
$
577



A reconciliation of total segment income from operations to consolidated income before income taxes is as follows:
 
 
Year Ended December 31,
 
 
2019
 
2018
 
2017
Income from operations for reportable segments
 
$
656

 
$
1,408

 
$
1,225

Interest expense
 
(124
)
 
(126
)
 
(159
)
Other income, net
 
38

 
52

 
15

Income before income taxes
 
$
570

 
$
1,334

 
$
1,081


 
 
December 31, 2019
 
December 31, 2018
Total assets
 
 
 
 
Olefins
 
$
1,991

 
$
2,024

Vinyls
 
10,597

 
8,879

Corporate and other
 
673

 
699

 
 
$
13,261

 
$
11,602


Geographic Information
 
 
Year Ended December 31,
 
 
2019
 
2018
 
2017
Net sales to external customers (1)
 
 
 
 
 
 
United States
 
$
5,530

 
$
6,114

 
$
5,739

Foreign
 
 
 
 
 
 
Canada
 
573

 
649

 
653

Germany
 
478

 
500

 
432

China
 
175

 
155

 
104

Italy
 
119

 
105

 
96

Taiwan
 
84

 
102

 
96

Other
 
1,159

 
1,010

 
921

 
 
$
8,118

 
$
8,635

 
$
8,041

 
 
December 31, 2019
 
December 31, 2018
Long-lived assets
 
 
 
 
United States
 
$
6,012

 
$
5,829

Foreign
 
 
 
 
Germany
 
588

 
528

Other
 
312

 
238

 
 
$
6,912

 
$
6,595


______________________________
(1)
Net sales are attributed to countries based on location of customer.