Segment Information (Tables)

12 Months Ended

Dec. 31, 2020

Segment Information

Net sales for the Company's reportable segments

	2020		2019		2018
Net sales:
Americas	$	3,322	$	3,622	$	3,638
Europe		2,364		2,387		2,489
Asia Pacific		281		534		582
Reportable segment totals		5,967		6,543		6,709
Other		124		148		168
Net sales	$	6,091	$	6,691	$	6,877

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

	2020		2019		2018
Segment operating profit:
Americas	$	395	$	495	$	585
Europe		264		317		316
Asia Pacific		19		44		54
Reportable segment totals		678		856		955
Items excluded from segment operating profit:
Retained corporate costs and other charges		(145)		(112)		(116)
Gain on sale of ANZ businesses		275
Charge for goodwill impairment				(595)
Charge for asbestos-related costs				(35)		(125)
Pension settlement charges		(26)		(26)		(74)
Restructuring, asset impairment and other		(142)		(114)		(102)
Charge for deconsolidation of Paddock		(14)
Strategic transaction and corp. modernization costs		(8)		(31)
Gain on sale of equity investment				107
Interest expense, net		(265)		(311)		(261)
Earnings (loss) from continuing operations before income taxes	$	353	$	(261)	$	277

Assets, equity investments, equity earnings, capital expenditures and depreciation and amortization expense for the Company's reportable segments

							Reportable		Retained		Consoli-
					Asia		Segment		Corp Costs		dated
	Americas		Europe		Pacific		Totals		and Other		Totals
Total assets:
2020	$	4,927	$	3,507	$	—	$	8,434	$	448	$	8,882
2019		5,264		3,127		694		9,085		525		9,610
2018		5,497		3,036		620		9,153		546		9,699
Equity investments:
2020	$	492	$	120	$	—	$	612	$	61	$	673
2019		491		101				592		102		694
2018		429		98				527		171		698
Equity earnings (losses):
2020	$	51	$	23	$	—	$	74	$	(37)	$	37
2019		38		18				56		22		78
2018		39		21				60		17		77
Capital expenditures:
2020	$	146	$	138	$	20	$	304	$	7	$	311
2019		178		177		39		394		32		426
2018		255		187		52		494		42		536
Depreciation and amortization expense:
2020	$	270	$	146	$	28	$	444	$	24	$	468
2019		292		136		45		473		26		499
2018		293		136		43		472		22		494

Schedule of segment information by geographic segment

The Company’s tangible long-lived assets, including property, plant and equipment and operating lease right-of-use assets, by geographic region are as follows:

	U.S.		Non-U.S.		Total
2020	$	751	$	2,294	$	3,045
2019		778		2,698		3,476
2018		681		2,404		3,085

The Company’s net sales by geographic region are as follows:

	U.S.		Non-U.S.		Total
2020	$	1,791	$	4,300	$	6,091
2019		1,914		4,777		6,691
2018		2,020		4,857		6,877