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Business Segments (Tables)
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Business Segment Reporting Information
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
(In millions)
2015
 
2014
 
2015
 
2014
Sales:
 
 
 
 
 
 
 
North America
$
1,978

 
$
2,057

 
$
5,862

 
$
5,980

Europe, Middle East and Africa
1,328

 
1,618

 
3,924

 
4,874

Asia Pacific
458

 
531

 
1,399

 
1,566

Latin America
420

 
451

 
1,195

 
1,362

Net Sales
$
4,184

 
$
4,657

 
$
12,380

 
$
13,782

Segment Operating Income:
 
 
 
 
 
 
 
North America
$
323

 
$
210

 
$
842

 
$
574

Europe, Middle East and Africa
154

 
181

 
335

 
408

Asia Pacific
72

 
80

 
223

 
221

Latin America
50

 
49

 
146

 
150

Total Segment Operating Income
$
599

 
$
520

 
1,546

 
1,353

Less:
 
 
 
 
 
 
 
Rationalizations
20

 
15

 
82

 
80

Interest expense
102

 
108

 
311

 
315

Other (income) expense (1)
(2
)
 
66

 
(113
)
 
242

Asset write-offs and accelerated depreciation
3

 

 
5

 
3

Corporate incentive compensation plans
26

 
23

 
61

 
69

Pension curtailments/settlements

 

 

 
33

Intercompany profit elimination
(11
)
 
(5
)
 
10

 
4

Retained expenses of divested operations
2

 
4

 
6

 
11

Other (2)
28

 
10

 
66

 
35

Income before Income Taxes
$
431

 
$
299

 
$
1,118

 
$
561


(1)
Refer to Note 3.
(2)
Primarily represents unallocated corporate costs including, in 2015, certain costs for one-time strategic global initiatives.
Rationalizations, Asset sales, Other Expense and Asset write-offs and accelerated depreciation attributable to the SBUs
In addition, rationalizations, as described in Note 2, Costs Associated with Rationalization Programs; net (gains) losses on asset sales; and asset write-offs and accelerated depreciation are not (credited) charged to the SBUs for performance evaluation purposes, but were attributable to the SBUs as follows:
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
(In millions)
2015
 
2014
 
2015
 
2014
Rationalizations:
 
 
 
 
 
 
 
North America
$
2

 
$

 
$
7

 
$
(1
)
Europe, Middle East and Africa
12

 
11

 
66

 
69

Asia Pacific
1

 
2

 
4

 
9

Latin America
5

 
2

 
5

 
3

Total Segment Rationalizations
$
20

 
$
15

 
$
82

 
$
80

 
 
 
 
 
 
 
 
Net (Gains) Losses on Asset Sales:
 
 
 
 
 
 
 
North America
$
(1
)
 
$

 
$
(1
)
 
$
(1
)
Europe, Middle East and Africa
11

 
7

 
16

 
7

Asia Pacific

 

 
(6
)
 

Latin America

 

 
(1
)
 

Total Segment Asset Sales
$
10

 
$
7

 
$
8

 
$
6

Corporate

 

 
1

 
(2
)
 
$
10

 
$
7

 
$
9

 
$
4

Asset Write-offs and Accelerated Depreciation:
 
 
 
 
 
 
 
Europe, Middle East and Africa
$
3

 
$

 
$
5

 
$
3

Total Segment Asset Write-offs and Accelerated Depreciation
$
3

 
$

 
$
5

 
$
3