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Segment Information (Tables)
3 Months Ended
Mar. 31, 2022
Segment Information  
Net sales for the Company's reportable segments

    

Three months ended March 31,

2022

 

2021

 

Net sales:

Americas

$

940

$

837

Europe

 

708

639

Reportable segment totals

 

1,648

 

1,476

Other

44

24

Net sales

$

1,692

$

1,500

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

Three months ended March 31,

    

2022

    

2021

 

Earnings (loss) before income taxes

$

170

$

(65)

Items excluded from segment operating profit:

Retained corporate costs and other

50

35

Gain on sale of divested business

(55)

Charge related to Paddock support agreement liability

154

Interest expense, net

66

51

Segment operating profit

$

231

$

175

Americas

129

100

Europe

102

75

Reportable segment totals

$

231

$

175

Total assets for the Company's reportable segments

March 31,

December 31,

March 31,

    

2022

2021

2021

Total assets:

Americas

 

$

5,097

 

$

4,853

 

$

4,755

Europe

 

3,378

 

3,513

 

3,536

Reportable segment totals

 

8,475

 

8,366

 

8,291

Other

 

402

466

534

Consolidated totals

 

$

8,877

 

$

8,832

 

$

8,825