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Segment Information
 9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company operates in two product segments: Oral, Personal and Home Care; and Pet Nutrition. 

The operations of the Oral, Personal and Home Care product segment are managed geographically in five reportable operating segments: North America, Latin America, Europe, Asia Pacific and Africa/Eurasia.

The Company evaluates segment performance based on several factors, including Operating profit. The Company uses Operating profit as a measure of operating segment performance because it excludes the impact of Corporate-driven decisions related to interest expense and income taxes.

The accounting policies of the operating segments are generally the same as those described in Note 2, Summary of Significant Accounting Policies to the Company’s Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019. Intercompany sales have been eliminated. Corporate operations include costs related to stock options and restricted stock units, research and development costs, Corporate overhead costs and gains and losses on sales of non-core product lines and assets. The Company reports these items within Corporate operations as they relate to Corporate-based responsibilities and decisions and are not included in the internal measures of segment operating performance used by the Company to measure the underlying performance of the operating segments.

Net sales by segment were as follows:
Three Months EndedNine Months Ended
 September 30,September 30,
 2020201920202019
Net sales    
Oral, Personal and Home Care    
North America$923 $869 $2,801 $2,568 
Latin America837 881 2,531 2,700 
Europe712 607 2,004 1,798 
Asia Pacific722 690 1,980 2,035 
Africa/Eurasia255 248 736 732 
Total Oral, Personal and Home Care3,449 3,295 10,052 9,833 
Pet Nutrition704 633 2,095 1,845 
Total Net sales$4,153 $3,928 $12,147 $11,678 
Approximately 70% of the Company’s Net sales are generated from markets outside the U.S., with approximately 45% of the Company’s Net sales coming from emerging markets (which consist of Latin America, Asia (excluding Japan), Africa/Eurasia and Central Europe).
The Company’s Net sales of Oral, Personal and Home Care and Pet Nutrition products accounted for the following percentages of the Company’s Net sales:
Three Months EndedNine Months Ended
 September 30,September 30,
 2020201920202019
Net sales
Oral Care44 %46 %43 %46 %
Personal Care21 %20 %21 %20 %
Home Care18 %18 %19 %18 %
Pet Nutrition17 %16 %17 %16 %
Total Net sales100 %100 %100 %100 %
Operating profit by segment was as follows:
Three Months EndedNine Months Ended
 September 30,September 30,
 2020201920202019
Operating profit    
Oral, Personal and Home Care    
North America$242 $248 $753 $750 
Latin America250 235 728 718 
Europe169 153 482 452 
Asia Pacific222 193 559 557 
Africa/Eurasia61 48 174 141 
Total Oral, Personal and Home Care944 877 2,696 2,618 
Pet Nutrition196 169 588 501 
Corporate(122)(190)(368)(496)
Total Operating profit$1,018 $856 $2,916 $2,623 
For the three and nine months ended September 30, 2020, Corporate Operating profit (loss) included acquisition-related costs of $0 and $6, respectively, and benefits of $16 in both periods resulting from the Global Growth and Efficiency Program, which ended on December 31, 2019.
For the three and nine months ended September 30, 2019, Corporate Operating profit (loss) included charges of $26 and $94, respectively, resulting from the Global Growth and Efficiency Program, which ended on December 31, 2019 and acquisition-related costs of $18 in both periods.