XML 41 R28.htm IDEA: XBRL DOCUMENT v3.7.0.1
Business Segments (Tables)
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Business Segment Reporting Information
 
Three Months Ended
 
 
March 31,
 
(In millions)
2017
 
2016
 
Sales:
 
 
 
 
Americas
$
1,958

 
$
1,951

 
Europe, Middle East and Africa
1,239

 
1,251

 
Asia Pacific
502

 
489

 
Net Sales
$
3,699

 
$
3,691

 
Segment Operating Income:
 
 
 
 
Americas
$
214

 
$
260

 
Europe, Middle East and Africa
98

 
80

 
Asia Pacific
73

 
79

 
Total Segment Operating Income
$
385

 
$
419

 
Less:
 
 
 
 
Rationalizations
$
29

 
$
11

 
Interest expense
87

 
91

 
Other (income) expense (Note 3)

 
6

 
Asset write-offs and accelerated depreciation
8

 
2

 
Corporate incentive compensation plans
15

 
26

 
Intercompany profit elimination
(3
)
 
2

 
Retained expenses of divested operations
3

 
5

 
Other
7

 
9

 
Income before Income Taxes
$
239

 
$
267

 
Charges and Credits Attributable to the SBUs
Rationalizations, as described in Note to the Consolidated Financial Statements No. 2, Costs Associated with Rationalization Programs, Net (gains) losses on asset sales 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)
2017
 
2016
 
Rationalizations:
 
 
 
 
Americas
$
1

 
$
3

 
Europe, Middle East and Africa
27

 
8

 
Asia Pacific
1

 

 
Total Segment Rationalizations
$
29

 
$
11

 
 
 
 
 
 
Net (Gains) Losses on Asset Sales:
 
 
 
 
Americas
$
(1
)
 
$

 
Asia Pacific

 
(1
)
 
Total Segment Asset Sales
$
(1
)
 
$
(1
)
 
Asset Write-offs and Accelerated Depreciation:
 
 
 
 
Europe, Middle East and Africa
$
8

 
$
2

 
Total Segment Asset Write-offs and Accelerated Depreciation
$
8

 
$
2