Business Segments

6 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

BUSINESS SEGMENTS

BUSINESS SEGMENTS

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(In millions)	2013			2012			2013		2012
Sales:
North America	$	2,201		$	2,451		$	4,367	$	4,948
Europe, Middle East and Africa	1,577			1,596			3,184		3,534
Latin America	531			503			1,044		1,024
Asia Pacific	585			600			1,152		1,177
Net Sales	$	4,894		$	5,150		$	9,747	$	10,683
Segment Operating Income:
North America	$	204		$	188		$	331	$	268
Europe, Middle East and Africa	51			19			82		109
Latin America	82			58			142		113
Asia Pacific	91			71			175		138
Total Segment Operating Income	428			336			730		628
Less:
Rationalizations	13			26			20		41
Interest expense	102			83			187		184
Other (income) expense	(14		)	37			112		129
Asset write-offs and accelerated depreciation	5			4			10		6
Corporate incentive compensation plans	35			15			45		22
Intercompany profit elimination	(3		)	(9		)	—		1
Retained expenses of divested operations	6			5			10		9
Other (1)	28			9			40		14
Income before Income Taxes	$	256		$	166		$	306	$	222

(1) For the three and six months ended June 30, 2013, Other includes the elimination of $16 million and $23 million, respectively, of royalty income attributable to the strategic business units, compared to $7 million and $13 million, respectively, for the three and six months ended June 30, 2012. Other for the three and six months ended June 30, 2013 also includes $5 million and $10 million, respectively, of unallocated corporate costs.

Rationalizations, as described in Note 2, Costs Associated with Rationalization Programs, net (gains) losses on asset sales, as described in Note 3, Other (Income) Expense, and asset write-offs and accelerated depreciation are not (credited) charged to the strategic business units (“SBUs”) for performance evaluation purposes, but were attributable to the SBUs as follows:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(In millions)	2013			2012			2013			2012
Rationalizations:
North America	$	5		$	13		$	7		$	19
Europe, Middle East and Africa	3			5			6			10
Latin America	2			—			2			2
Asia Pacific	3			8			5			10
Total Segment Rationalizations	$	13		$	26		20			41
Net (Gains) Losses on Asset Sales:
North America	$	(3	)	$	(2	)	$	(2	)	$	(4	)
Europe, Middle East and Africa	—			(7		)	2			(8		)
Latin America	1			(3		)	—			(3		)
Asia Pacific	(3		)	—			(3		)	—
Total Segment Asset Sales	(5		)	(12		)	(3		)	(15		)
Corporate	—			(1		)	—			(2		)
	$	(5	)	$	(13	)	$	(3	)	$	(17	)

Asset Write-offs and Accelerated Depreciation:
Europe, Middle East and Africa	$	5	$	—	$	10	$	—
Asia Pacific	—		4		—		6
Total Segment Asset Write-offs and Accelerated Depreciation	$	5	$	4	$	10	$	6