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Segment Information (Tables)
9 Months Ended
Sep. 30, 2021
Segment Information  
Net sales for the Company's reportable segments

    

Three months ended September 30,

Nine months ended September 30,

2021

    

2020

    

2021

 

2020

 

Net sales:

Americas

$

925

$

887

$

2,652

$

2,442

Europe

 

655

 

644

 

2,039

1,775

Asia Pacific

 

 

52

 

281

Reportable segment totals

 

1,580

 

1,583

 

4,691

 

4,498

Other

 

29

33

79

97

Net sales

$

1,609

$

1,616

$

4,770

$

4,595

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

Three months ended September 30,

Nine months ended September 30,

    

2021

    

2020

    

2021

    

2020

 

Segment operating profit:

Americas

$

133

$

113

$

357

$

268

Europe

 

110

 

88

 

293

 

191

Asia Pacific

 

 

3

 

 

19

Reportable segment totals

 

243

 

204

 

650

 

478

Items excluded from segment operating profit:

Retained corporate costs and other

(49)

(35)

(126)

(98)

Gain on sale of ANZ businesses

280

280

Brazil indirect tax credit

69

Restructuring, asset impairment and other charges

 

(12)

(9)

(21)

(80)

Charge related to Paddock support agreement liability

(154)

Charge for deconsolidation of Paddock

 

(14)

Pension settlement charges

 

(5)

(5)

(8)

Strategic transaction costs

(3)

(7)

Interest expense, net

 

(50)

(61)

(153)

(212)

Earnings from continuing operations before income taxes

$

127

$

376

$

260

$

339

Total assets for the Company's reportable segments

September 30,

December 31,

September 30,

    

2021

2020

2020

Total assets:

Americas

 

$

4,925

 

$

4,927

 

$

4,663

Europe

 

3,457

 

3,507

 

3,307

Reportable segment totals

 

8,382

 

8,434

 

7,970

Other

 

384

448

654

Consolidated totals

 

$

8,766

 

$

8,882

 

$

8,624