Business Segments (Tables)

12 Months Ended

Dec. 31, 2013

The following table presents segment sales and operating income, and the reconciliation of segment operating income to Income before Income Taxes:



(In millions)	2013			2012			2011
Sales
North America	$	8,684		$	9,666		$	9,859
Europe, Middle East and Africa	6,567			6,884			8,040
Latin America	2,063			2,085			2,472
Asia Pacific	2,226			2,357			2,396
Net Sales	$	19,540		$	20,992		$	22,767
Segment Operating Income
North America	$	691		$	514		$	276
Europe, Middle East and Africa	298			252			627
Latin America	283			223			231
Asia Pacific	308			259			234
Total Segment Operating Income	1,580			1,248			1,368
Less:
Rationalizations	58			175			103
Interest expense	392			357			330
Other expense	97			139			73
Asset write-offs and accelerated depreciation	23			20			50
Corporate incentive compensation plans	108			69			70
Corporate pension curtailments/settlements	—			1			15
Intercompany profit elimination	(4		)	(1		)	5
Retained expenses of divested operations	24			14			29
Other	69			34			75
Income before Income Taxes	$	813		$	440		$	618

Schedule of Segment Reporting Information, by Segment

The following table presents segment assets at December 31:



(In millions)	2013		2012		2011
Assets
North America	$	4,979	$	5,170	$	5,744
Europe, Middle East and Africa	5,559		5,415		5,915
Latin America	2,402		2,367		2,141
Asia Pacific	2,624		2,601		2,482
Total Segment Assets	15,564		15,553		16,282
Corporate	1,963		1,420		1,347
	$	17,527	$	16,973	$	17,629

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas



(In millions)	2013		2012		2011
Net Sales
United States	$	7,820	$	8,416	$	8,397
Germany	2,372		2,541		2,962
Other international	9,348		10,035		11,408
	$	19,540	$	20,992	$	22,767
Long-Lived Assets
United States	$	2,389	$	2,424	$	2,367
China	821		796		711
Germany	891		788		691
Other international	3,219		2,948		2,606
	$	7,320	$	6,956	$	6,375

Rationalizations, Asset sales, Other Expense and Asset write-offs and accelerated depreciation attributable to the SBUs

Rationalizations, as described in Note 2, Costs Associated with Rationalization Programs, Net (gains) losses on asset sales, as described in Note 4, Other Expense, and Asset write-offs and accelerated depreciation were not charged (credited) to the SBUs for performance evaluation purposes but were attributable to the SBUs as follows:



(In millions)	2013		2012		2011
Rationalizations
North America	$	12	$	43	$	72
Europe, Middle East and Africa	26		100		15
Latin America	4		6		—
Asia Pacific	16		26		16
Total Segment Rationalizations	$	58	$	175	$	103



(In millions)	2013			2012			2011
Net (Gains) Losses on Asset Sales
North America	$	(4	)	$	(9	)	$	2
Europe, Middle East and Africa	(1		)	(9		)	(1		)
Latin America	(1		)	(4		)	(4		)
Asia Pacific	(2		)	(1		)	(9		)
Total Segment Asset Sales	(8		)	(23		)	(12		)
Corporate	—			(2		)	(4		)
	$	(8	)	$	(25	)	$	(16	)



(In millions)	2013		2012		2011
Asset Write-offs and Accelerated Depreciation
North America	$	—	$	1	$	43
Europe, Middle East and Africa	23		—		—
Asia Pacific	—		19		7
Total Segment Asset Write-offs and Accelerated Depreciation	$	23	$	20	$	50

Segment Capital Expenditures Depreciation and Amortization

The following tables present segment capital expenditures, depreciation and amortization:



(In millions)	2013		2012		2011
Capital Expenditures
North America	$	262	$	212	$	236
Europe, Middle East and Africa	332		344		240
Latin America	243		250		237
Asia Pacific	257		286		314
Total Segment Capital Expenditures	1,094		1,092		1,027
Corporate	74		35		16
	$	1,168	$	1,127	$	1,043



(In millions)	2013		2012		2011
Depreciation and Amortization
North America	$	275	$	275	$	286
Europe, Middle East and Africa	228		215		222
Latin America	84		72		73
Asia Pacific	93		89		73
Total Segment Depreciation and Amortization	680		651		654
Corporate	42		36		61
	$	722	$	687	$	715

Segment Equity In Net Income of Investees Accounted For By Equity Method

The following table presents segment equity in the net income of investees accounted for by the equity method:



(In millions)	2013			2012			2011
Equity in (Income)
North America	$	(8	)	$	(6	)	$	(5	)
Europe, Middle East and Africa	—			—			(1		)
Asia Pacific	(23		)	(28		)	(13		)
Total Segment Equity in (Income)	$	(31	)	$	(34	)	$	(19	)

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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