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Business Segments
 9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
BUSINESS SEGMENTS
BUSINESS SEGMENTS
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
(In millions)
2018
 
2017
 
2018
 
2017
Sales:
 
 
 
 
 
 
 
Americas
$
2,107

 
$
2,041

 
$
6,054

 
$
6,028

Europe, Middle East and Africa
1,290

 
1,311

 
3,880

 
3,664

Asia Pacific
531

 
569

 
1,665

 
1,614

Net Sales
$
3,928

 
$
3,921

 
$
11,599

 
$
11,306

Segment Operating Income:
 
 
 
 
 
 
 
Americas
$
194

 
$
196

 
$
475

 
$
630

Europe, Middle East and Africa
111

 
90

 
289

 
271

Asia Pacific
57

 
81

 
203

 
225

Total Segment Operating Income
$
362

 
$
367

 
$
967

 
$
1,126

Less:
 
 
 
 
 
 
 
Rationalizations
$
5

 
$
46

 
$
40

 
$
102

Interest expense
82

 
84

 
236

 
260

Other (income) expense (Note 4)
(253
)
 
30

 
(171
)
 
54

Asset write-offs and accelerated depreciation
—

 
10

 
2

 
39

Corporate incentive compensation plans
(1
)
 
—

 
6

 
27

Intercompany profit elimination
2

 
21

 
(2
)
 
16

Retained expenses of divested operations
2

 
3

 
7

 
9

Other
12

 
11

 
40

 
28

Income before Income Taxes
$
513

 
$
162

 
$
809

 
$
591



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 strategic business units ("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)
2018
 
2017
 
2018
 
2017
Rationalizations:
 
 
 
 
 
 
 
Americas
$
—

 
$
4

 
$
3

 
$
6

Europe, Middle East and Africa
5

 
25

 
31

 
78

Asia Pacific
—

 
1

 
3

 
2

Total Segment Rationalizations
$
5

 
$
30

 
$
37

 
$
86

Corporate
—

 
16

 
3

 
16

Total Rationalizations
$
5

 
$
46


$
40


$
102

 
 
 
 
 
 
 
 
Net (Gains) Losses on Asset Sales:
 
 
 
 

 
 
Americas(1)
$
(288
)
 
$
(1
)
 
$
(276
)
 
$
(4
)
Europe, Middle East and Africa
—

 
—

 
2

 
(10
)
Total Net (Gains) Losses on Asset Sales
$
(288
)
 
$
(1
)
 
$
(274
)
 
$
(14
)

(1)
Americas Net (Gains) Losses on Asset Sales for the three and nine months ended September 30, 2018 includes gains of $287 million and $273 million, respectively, related to the TireHub transaction, net of transaction costs.
Asset Write-offs and Accelerated Depreciation:
 
 
 
 
 
 
 
Europe, Middle East and Africa
$
—

 
$
10

 
$
2

 
$
39

Total Asset Write-offs and Accelerated Depreciation
$
—

 
$
10

 
$
2

 
$
39