XML 42 R30.htm IDEA: XBRL DOCUMENT v3.8.0.1
Business Segments (Tables)
3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Business Segment Reporting Information
 
Three Months Ended
 
March 31,
(In millions)
2018
 
2017
Sales:
 
 
 
Americas
$
1,929

 
$
1,958

Europe, Middle East and Africa
1,330

 
1,239

Asia Pacific
571

 
502

Net Sales
$
3,830

 
$
3,699

Segment Operating Income:
 
 
 
Americas
$
127

 
$
216

Europe, Middle East and Africa
78

 
101

Asia Pacific
76

 
73

Total Segment Operating Income
$
281

 
$
390

Less:
 
 
 
Rationalizations
$
37

 
$
29

Interest expense
76

 
87

Other (income) expense (Note 4)
37

 
8

Asset write-offs and accelerated depreciation
1

 
8

Corporate incentive compensation plans
4

 
15

Intercompany profit elimination
(3
)
 
(3
)
Retained expenses of divested operations
3

 
3

Other
13

 
4

Income before Income Taxes
$
113

 
$
239

Charges and Credits Attributable to the SBUs
Rationalizations, as described in Note to the Consolidated Financial Statements No. 3, 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)
2018
 
2017
Rationalizations:
 
 
 
Americas
$
3

 
$
1

Europe, Middle East and Africa
27

 
27

Asia Pacific
3

 
1

Total Segment Rationalizations
$
33

 
$
29

Corporate
4

 

Total Rationalizations
$
37


$
29

 
 
 
 
Net (Gains) Losses on Asset Sales:

 
 
Americas
$

 
$
(1
)
Europe, Middle East and Africa
2

 

Total Net (Gains) Losses on Asset Sales
$
2

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

 
$
8

Total Segment Asset Write-offs and Accelerated Depreciation
$
1

 
$
8