Business Segments

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

BUSINESS SEGMENTS

BUSINESS SEGMENTS

	Three Months Ended
	March 31,
(In millions)	2019			2018
Sales:
Americas	$	1,876		$	1,929
Europe, Middle East and Africa	1,221			1,330
Asia Pacific	501			571
Net Sales	$	3,598		$	3,830
Segment Operating Income:
Americas	$	89		$	127
Europe, Middle East and Africa	54			78
Asia Pacific	47			76
Total Segment Operating Income	$	190		$	281
Less:
Rationalizations	$	103		$	37
Interest expense	85			76
Other (income) expense (Note 4)	22			37
Asset write-offs and accelerated depreciation	—			1
Corporate incentive compensation plans	1			4
Intercompany profit elimination	(4		)	(3		)
Retained expenses of divested operations	3			3
Other	18			13
Income (Loss) before Income Taxes	$	(38	)	$	113

Rationalizations, as described in Note to the Consolidated Financial Statements No. 3, Costs Associated with Rationalization Programs, in this Form 10-Q, net (gains) losses on asset sales, as described in Note to the Consolidated Financial Statements No. 4, Other (Income) Expense, in this Form 10-Q, 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
	March 31,
(In millions)	2019			2018
Rationalizations:
Americas	$	7		$	3
Europe, Middle East and Africa	96			27
Asia Pacific	—			3
Total Segment Rationalizations	$	103		$	33
Corporate	—			4
Total Rationalizations	$	103		$	37
Net (Gains) Losses on Asset Sales:
Europe, Middle East and Africa	$	(5	)	$	2
Total Net (Gains) Losses on Asset Sales	$	(5	)	$	2

Asset Write-offs and Accelerated Depreciation:
Europe, Middle East and Africa	$	—	$	1
Total Asset Write-offs and Accelerated Depreciation	$	—	$	1