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Segment Information (Tables)
9 Months Ended
Sep. 30, 2016
Segment Information  
Net sales for the Company's reportable segments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Three months ended

September 30,

 

Nine months ended September 30,

 

 

 

2016

    

2015

    

2016

 

2015

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

Europe

 

$

586

 

$

605

 

$

1,795

 

$

1,809

 

North America

 

 

578

 

 

520

 

 

1,709

 

 

1,520

 

Latin America

 

 

365

 

 

265

 

 

1,022

 

 

677

 

Asia Pacific

 

 

170

 

 

162

 

 

487

 

 

478

 

Reportable segment totals

 

 

1,699

 

 

1,552

 

 

5,013

 

 

4,484

 

Other

 

 

13

 

 

14

 

 

47

 

 

46

 

Net sales

 

$

1,712

 

$

1,566

 

$

5,060

 

$

4,530

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

September 30,

 

Nine months ended September 30,

 

 

    

2016

    

2015

    

2016

    

2015

 

Segment operating profit:

 

 

 

 

 

 

 

 

 

 

 

 

 

Europe

 

$

64

 

$

68

 

$

192

 

$

181

 

North America

 

 

79

 

 

61

 

 

247

 

 

214

 

Latin America

 

 

74

 

 

51

 

 

194

 

 

108

 

Asia Pacific

 

 

20

 

 

19

 

 

48

 

 

51

 

Reportable segment totals

 

 

237

 

 

199

 

 

681

 

 

554

 

Items excluded from segment operating profit:

 

 

 

 

 

 

 

 

 

 

 

 

 

Retained corporate costs and other

 

 

(18)

 

 

(10)

 

 

(75)

 

 

(49)

 

Restructuring, asset impairment and other

 

 

 

 

 

(41)

 

 

(12)

 

 

(68)

 

Strategic transaction costs

 

 

 

 

 

(13)

 

 

 

 

 

(19)

 

Acquisition-related fair value inventory adjustments

 

 

 

 

 

(10)

 

 

 

 

 

(10)

 

Interest expense, net

 

 

(66)

 

 

(67)

 

 

(199)

 

 

(188)

 

Earnings from continuing operations before income taxes

 

$

153

 

$

58

 

$

395

 

$

220

 

 

Total assets for the Company's reportable segments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30,

 

December 31,

 

September 30,

 

    

    

2016

    

2015

    

2015

Total assets:

 

 

 

 

 

 

 

 

 

 

Europe

 

$

2,972

 

$

2,902

 

$

3,030

 

North America

 

 

2,536

 

 

2,500

 

 

2,028

 

Latin America

 

 

2,629

 

 

2,807

 

 

3,297

 

Asia Pacific

 

 

1,025

 

 

917

 

 

894

 

 

 

 

 

 

 

 

 

 

 

 

Reportable segment totals

 

 

9,162

 

 

9,126

 

 

9,249

 

Other

 

 

335

 

 

295

 

 

305

 

Consolidated totals

 

$

9,497

 

$

9,421

 

$

9,554