Segment Information

9 Months Ended

Sep. 30, 2011

Notes to Financial Statements [Abstract]

The Company evaluates segment performance based on several factors, including Operating profit. The Company uses Operating profit as a measure of the operating segment performance because it excludes the impact of corporate-driven decisions related to interest expense and income taxes. Corporate operations include stock-based compensation related to stock options and restricted stock awards, research and development costs, Corporate overhead costs, restructuring and related implementation 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 in order to measure the underlying performance of the business segments.

Net sales and Operating profit by segment were as follows:



	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2011			2010			2011			2010
Net sales
Oral, Personal and Home Care
North America	$	776		$	753		$	2,238		$	2,274
Latin America	1,243			1,069			3,571			3,130
Europe/South Pacific	972			821			2,661			2,415
Greater Asia/Africa	855			779			2,484			2,239
Total Oral, Personal and Home Care	3,846			3,422			10,954			10,058
Pet Nutrition	537			521			1,608			1,528
Total Net sales	$	4,383		$	3,943		$	12,562		$	11,586

Operating profit
Oral, Personal and Home Care
North America	$	213		$	224		$	599		$	668
Latin America	364			332			1,050			975
Europe/South Pacific	196			197			551			572
Greater Asia/Africa	202			195			604			573
Total Oral, Personal and Home Care	975			948			2,804			2,788
Pet Nutrition	127			138			408			413
Corporate	(67		)	(128		)	(294		)	(617		)
Total Operating profit	$	1,035		$	958		$	2,918		$	2,584

For the three and nine months ended September 30, 2011, Corporate Operating profit includes a gain on the sale of the laundry detergent brands in Colombia of $207, costs of $168 associated with various business realignment and other cost-saving initiatives and costs of $7 related to the sale of land in Mexico. The various business realignment and other cost-saving initiatives include the integration of Sanex, the right-sizing of the Colombia business and the closing of an oral care facility in Mississauga, Canada and a Hill’s facility in Los Angeles, California. For further information regarding the sale of land in Mexico, refer to Note 3. In 2010, Corporate Operating profit includes the one-time charge of $271 related to the transition to hyperinflationary accounting in Venezuela as of January 1, 2010. For further information regarding Venezuela, refer to Note 12.