XML 33 R40.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Segment Information (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Summary of Segment Information
Segment information for 2019, 2018 and 2017 was as follows:
In millions
 
2019
 
2018
 
2017
Operating revenue:
 
 
 
 
 
 
Automotive OEM
 
$
3,063

 
$
3,338

 
$
3,271

Food Equipment
 
2,188

 
2,214

 
2,123

Test & Measurement and Electronics
 
2,121

 
2,171

 
2,069

Welding
 
1,638

 
1,691

 
1,538

Polymers & Fluids
 
1,669

 
1,724

 
1,724

Construction Products
 
1,625

 
1,700

 
1,672

Specialty Products
 
1,825

 
1,951

 
1,938

Intersegment revenue
 
(20
)
 
(21
)
 
(21
)
           Total
 
$
14,109

 
$
14,768

 
$
14,314

Operating income:
 
 
 
 
 
 
Automotive OEM
 
$
659

 
$
751

 
$
747

Food Equipment
 
578

 
572

 
556

Test & Measurement and Electronics
 
542

 
523

 
464

Welding
 
453

 
474

 
415

Polymers & Fluids
 
381

 
369

 
357

Construction Products
 
383

 
414

 
399

Specialty Products
 
472

 
522

 
527

           Total Segments
 
3,468

 
3,625

 
3,465

       Unallocated
 
(66
)
 
(41
)
 
20

           Total
 
$
3,402

 
$
3,584

 
$
3,485

Depreciation and amortization and impairment of intangible assets:
Automotive OEM
 
$
125

 
$
123

 
$
111

Food Equipment
 
41

 
44

 
45

Test & Measurement and Electronics
 
69

 
88

 
92

Welding
 
26

 
27

 
28

Polymers & Fluids
 
77

 
83

 
89

Construction Products
 
29

 
32

 
33

Specialty Products
 
59

 
64

 
64

           Total
 
$
426

 
$
461

 
$
462

Plant and equipment additions:
 
 
 
 
 
 
Automotive OEM
 
$
134

 
$
184

 
$
147

Food Equipment
 
35

 
28

 
27

Test & Measurement and Electronics
 
26

 
31

 
23

Welding
 
28

 
23

 
17

Polymers & Fluids
 
18

 
15

 
16

Construction Products
 
29

 
25

 
22

Specialty Products
 
56

 
58

 
45

           Total
 
$
326

 
$
364

 
$
297

Identifiable assets:
 
 
 
 
 
 
Automotive OEM
 
$
2,417

 
$
2,388

 
$
2,402

Food Equipment
 
1,042

 
1,019

 
1,054

Test & Measurement and Electronics
 
2,374

 
2,343

 
2,449

Welding
 
734

 
789

 
756

Polymers & Fluids
 
1,862

 
1,942

 
2,067

Construction Products
 
1,176

 
1,167

 
1,196

Specialty Products
 
1,656

 
1,687

 
1,721

    Total Segments
 
11,261

 
11,335

 
11,645

Corporate
 
3,807

 
3,535

 
5,135

           Total
 
$
15,068

 
$
14,870

 
$
16,780


Summary of Enterprise-wide Information
Enterprise-wide information for the twelve months ended December 31, 2019, 2018 and 2017 was as follows:

In millions
 
2019
 
2018
 
2017
Operating Revenue by Geographic Region:
 
 
 
 
 
 
United States
 
$
6,507

 
$
6,562

 
$
6,243

Canada/Mexico
 
972

 
1,050

 
996

Total North America
 
7,479

 
7,612

 
7,239

Europe, Middle East and Africa
 
3,920

 
4,241

 
4,102

Asia Pacific
 
2,400

 
2,573

 
2,577

South America
 
310

 
342

 
396

Total Operating Revenue
 
$
14,109

 
$
14,768

 
$
14,314