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Segment Information (Tables)
9 Months Ended
Sep. 30, 2011
Segment Information 
Net sales for the Company's reportable segments

Financial information for the three-month periods ended September 30, 2011 and 2010 regarding the Company’s reportable segments is as follows:

 

 

 

2011

 

2010

 

Net sales:

 

 

 

 

 

Europe

 

$

770

 

$

702

 

North America

 

497

 

483

 

South America

 

310

 

243

 

Asia Pacific

 

270

 

251

 

 

 

 

 

 

 

Reportable segment totals

 

1,847

 

1,679

 

Other

 

15

 

10

 

Net sales

 

$

1,862

 

$

1,689

 

 

Financial information for the nine-month periods ended September 30, 2011 and 2010 regarding the Company’s reportable segments is as follows:

 

 

 

2011

 

2010

 

Net sales:

 

 

 

 

 

Europe

 

$

2,355

 

$

2,086

 

North America

 

1,466

 

1,443

 

South America

 

881

 

625

 

Asia Pacific

 

778

 

724

 

 

 

 

 

 

 

Reportable segment totals

 

5,480

 

4,878

 

Other

 

60

 

27

 

Net sales

 

$

5,540

 

$

4,905

Segment operating profit (loss) for the Company's reportable segments

Financial information for the three-month periods ended September 30, 2011 and 2010 regarding the Company’s reportable segments is as follows:

 

 

2011

 

2010

 

Segment Operating Profit:

 

 

 

 

 

Europe

 

$

106

 

$

114

 

North America

 

73

 

72

 

South America

 

67

 

56

 

Asia Pacific

 

23

 

37

 

Reportable segment totals

 

269

 

279

 

 

 

 

 

 

 

Items excluded from Segment Operating Profit:

 

 

 

 

 

Retained corporate costs and other

 

(24

)

(21

)

Restructuring and asset impairment

 

(29

)

 

 

Acquisition-related fair value inventory adjustments and restructuring, transaction and financing costs

 

 

 

(11

)

Interest income

 

2

 

2

 

Interest expense

 

(70

)

(61

)

Earnings from continuing operations before income taxes

 

$

148

 

$

188

 

 

Financial information for the nine-month periods ended September 30, 2011 and 2010 regarding the Company’s reportable segments is as follows:

 

 

2011

 

2010

 

Segment Operating Profit:

 

 

 

 

 

Europe

 

$

284

 

$

274

 

North America

 

188

 

222

 

South America

 

165

 

142

 

Asia Pacific

 

56

 

105

 

Reportable segment totals

 

693

 

743

 

 

 

 

 

 

 

Items excluded from Segment Operating Profit:

 

 

 

 

 

Retained corporate costs and other

 

(51

)

(52

)

Restructuring and asset impairment

 

(41

)

(8

)

Acquisition-related fair value inventory adjustments and restructuring, transaction and financing costs

 

 

 

(11

)

Interest income

 

8

 

10

 

Interest expense

 

(246

)

(177

)

Earnings from continuing operations before income taxes

 

$

363

 

$

505

Total assets for the Company's reportable segments

 

 

 

 

September 30,

 

December 31,

 

September 30,

 

 

 

2011

 

2010

 

2010

 

Total assets:

 

 

 

 

 

 

 

Europe

 

$

3,693

 

$

3,618

 

$

3,659

 

North America

 

1,953

 

1,961

 

2,002

 

South America

 

1,649

 

1,680

 

1,639

 

Asia Pacific

 

1,974

 

2,047

 

1,898

 

 

 

 

 

 

 

 

 

Reportable segment totals

 

9,269

 

9,306

 

9,198

 

Other

 

283

 

448

 

685

 

Consolidated totals

 

$

9,552

 

$

9,754

 

$

9,883