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Segment Information (Tables)
6 Months Ended
Jun. 30, 2020
Segment Information  
Net sales for the Company's reportable segments

    

Three months ended June 30,

Six months ended June 30,

2020

    

2019

    

2020

 

2019

 

Net sales:

Americas

$

724

$

934

$

1,555

$

1,815

Europe

 

555

 

650

 

1,132

1,246

Asia Pacific

 

132

 

152

 

277

303

Reportable segment totals

 

1,411

 

1,736

 

2,964

 

3,364

Other

 

7

20

15

29

Net sales

$

1,418

$

1,756

$

2,979

$

3,393

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

Three months ended June 30,

Six months ended June 30,

    

2020

    

2019

    

2020

    

2019

 

Segment operating profit:

Americas

$

52

$

144

$

155

$

257

Europe

 

42

 

90

 

103

 

169

Asia Pacific

 

1

 

2

 

6

 

10

Reportable segment totals

 

95

 

236

 

264

 

436

Items excluded from segment operating profit:

Retained corporate costs and other

(33)

(28)

(54)

(53)

Restructuring, asset impairment and other charges

 

(71)

(40)

(71)

(40)

Strategic transaction costs

 

(4)

(4)

Pension settlement charges

 

(8)

(2)

(8)

(2)

Charge for deconsolidation of Paddock

(14)

Interest expense, net

 

(98)

(68)

(151)

(132)

Earnings (loss) from continuing operations before income taxes

$

(119)

$

98

$

(38)

$

209

Total assets for the Company's reportable segments

June 30,

December 31,

June 30,

    

2020

2019

2019

Total assets:

Americas

 

$

4,707

 

$

5,264

 

$

5,994

Europe

 

3,315

 

3,127

 

3,342

Asia Pacific

 

915

 

1,012

 

1,045

Reportable segment totals

 

8,937

 

9,403

 

10,381

Other

 

642

207

342

Consolidated totals

 

$

9,579

 

$

9,610

 

$

10,723