XML 51 R38.htm IDEA: XBRL DOCUMENT v3.10.0.1
Segment Information (Tables)
12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Segment information
Segment information for 2018, 2017 and 2016 was as follows:
In millions
 
2018
 
2017
 
2016
Operating revenue:
 
 
 
 
 
 
Automotive OEM
 
$
3,338

 
$
3,271

 
$
2,864

Food Equipment
 
2,214

 
2,123

 
2,110

Test & Measurement and Electronics
 
2,171

 
2,069

 
1,974

Welding
 
1,691

 
1,538

 
1,486

Polymers & Fluids
 
1,724

 
1,724

 
1,691

Construction Products
 
1,700

 
1,672

 
1,609

Specialty Products
 
1,951

 
1,938

 
1,885

Intersegment revenue
 
(21
)
 
(21
)
 
(20
)
           Total
 
$
14,768

 
$
14,314

 
$
13,599

Operating income:
 
 
 
 
 
 
Automotive OEM
 
$
751

 
$
747

 
$
690

Food Equipment
 
572

 
556

 
537

Test & Measurement and Electronics
 
523

 
464

 
372

Welding
 
474

 
415

 
370

Polymers & Fluids
 
369

 
357

 
343

Construction Products
 
414

 
399

 
361

Specialty Products
 
522

 
527

 
482

           Total Segments
 
3,625

 
3,465

 
3,155

       Unallocated
 
(41
)
 
20

 
(99
)
           Total
 
$
3,584

 
$
3,485

 
$
3,056

Depreciation and amortization and impairment of intangible assets:
Automotive OEM
 
$
123

 
$
111

 
$
90

Food Equipment
 
44

 
45

 
45

Test & Measurement and Electronics
 
88

 
92

 
104

Welding
 
27

 
28

 
36

Polymers & Fluids
 
83

 
89

 
92

Construction Products
 
32

 
33

 
34

Specialty Products
 
64

 
64

 
69

           Total
 
$
461

 
$
462

 
$
470

Plant and equipment additions:
 
 
 
 
 
 
Automotive OEM
 
$
184

 
$
147

 
$
116

Food Equipment
 
28

 
27

 
31

Test & Measurement and Electronics
 
31

 
23

 
25

Welding
 
23

 
17

 
16

Polymers & Fluids
 
15

 
16

 
18

Construction Products
 
25

 
22

 
20

Specialty Products
 
58

 
45

 
47

           Total
 
$
364

 
$
297

 
$
273

Identifiable assets:
 
 
 
 
 
 
Automotive OEM
 
$
2,388

 
$
2,402

 
$
2,051

Food Equipment
 
1,019

 
1,054

 
1,013

Test & Measurement and Electronics
 
2,343

 
2,449

 
2,362

Welding
 
789

 
756

 
701

Polymers & Fluids
 
1,942

 
2,067

 
2,019

Construction Products
 
1,167

 
1,196

 
1,099

Specialty Products
 
1,687

 
1,721

 
1,599

    Total Segments
 
11,335

 
11,645

 
10,844

Corporate
 
3,535

 
5,135

 
4,357

           Total
 
$
14,870

 
$
16,780

 
$
15,201


Enterprise-wide Information
Enterprise-wide information for 2018, 2017 and 2016 was as follows:

In millions
 
2018
 
2017
 
2016
Operating Revenue by Geographic Region:
 
 
 
 
 
 
United States
 
$
6,562

 
$
6,243

 
$
6,176

Canada/Mexico
 
1,050

 
996

 
923

Total North America
 
7,612

 
7,239

 
7,099

Europe, Middle East and Africa
 
4,241

 
4,102

 
3,787

Asia Pacific
 
2,573

 
2,577

 
2,361

South America
 
342

 
396

 
352

Total Operating Revenue
 
$
14,768

 
$
14,314

 
$
13,599