Business Segments

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

BUSINESS SEGMENTS

BUSINESS SEGMENTS

Effective January 1, 2016, we combined our North America and Latin America SBUs into one Americas SBU. We have combined the North America and Latin America reportable segments effective on this date to align with the new organizational structure and the basis used for reporting to our Chief Executive Officer. As a result, we now operate our business through three operating segments: Americas; Europe, Middle East and Africa; and Asia Pacific.

The prior year Americas operating income has been adjusted to reflect the elimination of intercompany profit between the former North America and Latin America SBUs, whereas the elimination had previously been reflected in Corporate CGS. In addition, certain start-up costs related to the construction of our new manufacturing facility in San Luis Potosi, Mexico were reclassified from Corporate Other (Income) Expense to Americas segment operating income to align with the new organizational structure beginning in 2016.

	Three Months Ended
	March 31,
(In millions)	2016		2015
Sales:
Americas	$	1,951	$	2,243
Europe, Middle East and Africa	1,251		1,331
Asia Pacific	489		450
Net Sales	$	3,691	$	4,024
Segment Operating Income:
Americas	$	260	$	248
Europe, Middle East and Africa	80		73
Asia Pacific	79		67
Total Segment Operating Income	$	419	$	388
Less:
Rationalizations	11		16
Interest expense	91		107
Other (income) expense (1)	6		(132		)
Asset write-offs and accelerated depreciation	2		3
Corporate incentive compensation plans	26		13
Intercompany profit elimination	2		4
Retained expenses of divested operations	5		2
Other	9		16
Income before Income Taxes	$	267	$	359

(1) Refer to Note 3.

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 were not charged (credited) to the SBUs for performance evaluation purposes but were attributable to the SBUs as follows:

	Three Months Ended
	March 31,
(In millions)	2016			2015
Rationalizations:
Americas	$	3		$	—
Europe, Middle East and Africa	8			15
Asia Pacific	—			1
Total Segment Rationalizations	$	11		$	16
Net (Gains) Losses on Asset Sales:
Americas	$	—		$	(1	)
Europe, Middle East and Africa	—			2
Asia Pacific	(1		)	—
Total Segment Asset Sales	$	(1	)	$	1

Asset Write-offs and Accelerated Depreciation:
Europe, Middle East and Africa	$	2	$	3
Total Segment Asset Write-offs and Accelerated Depreciation	$	2	$	3