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

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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

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Asia Pacific

​

 

132

​

 

152

​

 

277

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​

303

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Reportable segment totals

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1,411

​

 

1,736

​

 

2,964

​

 

3,364

​

Other

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7

​

​

20

​

​

15

​

​

29

​

Net sales

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$

1,418

​

$

1,756

​

$

2,979

​

$

3,393

​

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

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​

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Three months ended June 30,

​

Six months ended June 30,

​

​

    

2020

    

2019

    

2020

    

2019

 

Segment operating profit:

​

​

​

​

​

​

​

​

​

​

​

​

​

Americas

​

$

52

​

$

144

​

$

155

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$

257

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Europe

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42

​

 

90

​

 

103

​

 

169

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Asia Pacific

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1

​

 

2

​

 

6

​

 

10

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Reportable segment totals

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95

​

 

236

​

 

264

​

 

436

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Items excluded from segment operating profit:

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​

​

​

​

​

​

​

​

​

​

​

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Retained corporate costs and other

​

​

(33)

​

​

(28)

​

​

(54)

​

​

(53)

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Restructuring, asset impairment and other charges

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(71)

​

​

(40)

​

​

(71)

​

​

(40)

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Strategic transaction costs

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(4)

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​

​

​

​

(4)

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​

​

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Pension settlement charges

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(8)

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​

(2)

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​

(8)

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​

(2)

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Charge for deconsolidation of Paddock

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​

​

​

​

​

​

​

(14)

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​

​

​

Interest expense, net

​

 

(98)

​

​

(68)

​

​

(151)

​

​

(132)

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Earnings (loss) from continuing operations before income taxes

​

$

(119)

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$

98

​

$

(38)

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$

209

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Total assets for the Company's reportable segments

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June 30,

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December 31,

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June 30,

​

​

    

2020

​

2019

​

2019

​

Total assets:

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​

​

​

​

​

​

​

​

​

Americas

 

$

4,707

 

$

5,264

 

$

5,994

​

Europe

​

 

3,315

​

 

3,127

​

 

3,342

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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

​