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Segment Information (Tables)
9 Months Ended
Sep. 30, 2022
Segment Information  
Net sales for the Company's reportable segments

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Three months ended September 30,

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Nine months ended September 30,

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2022

    

2021

    

2022

 

2021

 

Net sales:

​

​

​

​

​

​

​

​

​

​

​

​

​

Americas

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$

987

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$

925

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$

2,898

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$

2,652

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Europe

​

 

680

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655

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2,153

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​

2,039

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Reportable segment totals

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1,667

​

 

1,580

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5,051

​

 

4,691

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Other

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26

​

​

29

​

​

112

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​

79

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Net sales

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$

1,693

​

$

1,609

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$

5,163

​

$

4,770

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

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Three months ended September 30,

​

Nine months ended September 30,

​

​

    

2022

    

2021

    

2022

    

2021

 

Earnings from continuing operations before income taxes

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$

278

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$

127

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$

776

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$

260

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Items excluded from segment operating profit:

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​

​

​

​

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​

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​

​

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Retained corporate costs and other

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​

63

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49

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​

165

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​

126

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Gain on sale of divested business

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(55)

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​

​

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Gain on sale leasebacks

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(153)

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​

​

​

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(334)

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​

​

​

Restructuring, asset impairment and other charges

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​

10

​

​

12

​

​

21

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​

21

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Brazil indirect tax credit

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​

​

​

​

​

​

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​

​

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(69)

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Charge related to Paddock support agreement liability

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​

​

​

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​

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​

​

​

154

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Pension settlement charges

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​

5

​

​

5

​

​

5

​

​

5

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Interest expense, net

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​

63

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​

50

​

​

175

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​

153

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Segment operating profit

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$

266

​

$

243

​

$

753

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$

650

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

Americas

​

$

130

​

$

133

​

$

388

​

$

357

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Europe

​

​

136

​

​

110

​

​

365

​

​

293

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Reportable segment totals

​

$

266

​

$

243

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$

753

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$

650

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Total assets for the Company's reportable segments

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September 30,

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December 31,

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September 30,

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2022

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2021

​

2021

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Total assets:

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​

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​

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Americas

 

$

5,020

 

$

4,853

 

$

4,925

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Europe

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3,174

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3,513

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3,457

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​

​

​

​

​

​

​

​

​

​

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Reportable segment totals

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8,194

​

 

8,366

​

 

8,382

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Other

​

 

450

​

​

466

​

​

384

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Consolidated totals

 

$

8,644

 

$

8,832

 

$

8,766

​