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

    

Three months ended September 30,

Nine months ended September 30,

2020

    

2019

    

2020

 

2019

 

Net sales:

Americas

$

887

$

918

$

2,442

$

2,733

Europe

 

644

 

588

 

1,775

1,834

Asia Pacific

 

52

 

128

 

281

382

Reportable segment totals

 

1,583

 

1,634

 

4,498

 

4,949

Other

 

33

36

97

114

Net sales

$

1,616

$

1,670

$

4,595

$

5,063

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

Three months ended September 30,

Nine months ended September 30,

    

2020

    

2019

    

2020

    

2019

 

Segment operating profit:

Americas

$

113

$

123

$

268

$

380

Europe

 

88

 

79

 

191

 

248

Asia Pacific

 

3

 

4

 

19

 

25

Reportable segment totals

 

204

 

206

 

478

 

653

Items excluded from segment operating profit:

Retained corporate costs and other

(35)

(21)

(98)

(83)

Gain on sale of ANZ businesses

280

280

Charge for goodwill impairment

(595)

(595)

Restructuring, asset impairment and other charges

 

(9)

(32)

(80)

(73)

Charge for deconsolidation of Paddock

 

(14)

Pension settlement charges

 

(11)

(8)

(13)

Strategic transaction costs

(3)

(7)

Interest expense, net

 

(61)

(83)

(212)

(215)

Earnings (loss) from continuing operations before income taxes

$

376

$

(536)

$

339

$

(326)

Total assets for the Company's reportable segments

September 30,

December 31,

September 30,

    

2020

2019

2019

Total assets:

Americas

 

$

4,663

 

$

5,264

 

$

5,241

Europe

 

3,307

 

3,127

 

3,053

Asia Pacific

 

 

694

 

695

Reportable segment totals

 

7,970

 

9,085

 

8,989

Other

 

654

525

559

Consolidated totals

 

$

8,624

 

$

9,610

 

$

9,548