Segment Information (Tables)

12 Months Ended

Dec. 31, 2022

Segment Information

Net sales for the Company's reportable segments

	2022		2021		2020
Net sales:
Americas	$	3,835	$	3,557	$	3,322
Europe		2,878		2,687		2,364
Asia Pacific						281
Reportable segment totals		6,713		6,244		5,967
Other		143		113		124
Net sales	$	6,856	$	6,357	$	6,091

	2022		2021		2020
Earnings from continuing operations before income taxes	$	805	$	332	$	353
Items excluded from segment operating profit:
Retained corporate costs and other		232		171		145
Gain on sale of divested businesses and miscellaneous assets		(55)		(84)
Gain on sale leasebacks		(334)
Restructuring, asset impairment and other charges		53		35		142
Brazil indirect tax credit				(71)
Charge related to Paddock support agreement liability				154
Charge for deconsolidation of Paddock						14
Gain on sale of ANZ businesses						(275)
Strategic transaction and corp. modernization costs						8
Pension settlement charges		20		74		26
Interest expense, net		239		216		265
Segment operating profit	$	960	$	827	$	678
Americas	$	472	$	456	$	395
Europe		488		371		264
Asia Pacific						19
Reportable segment totals	$	960	$	827	$	678

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

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:
2022	$	5,109	$	3,392	$	—	$	8,501	$	560	$	9,061
2021		4,853		3,513				8,366		466		8,832
2020		4,927		3,507				8,434		448		8,882
Equity investments:
2022	$	488	$	146	$	—	$	634	$	61	$	695
2021		458		121				579		64		643
2020		492		120				612		61		673
Equity earnings (losses):
2022	$	64	$	43	$	—	$	107	$	—	$	107
2021		58		28				86		4		90
2020		51		23				74		(37)		37
Capital expenditures:
2022	$	339	$	192	$	—	$	531	$	8	$	539
2021		211		180				391		7		398
2020		146		138		20		304		7		311
Depreciation and amortization expense:
2022	$	278	$	152	$	—	$	430	$	24	$	454
2021		269		154				423		26		449
2020		270		146		28		444		24		468

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
2022	$	766	$	2,421	$	3,187
2021		740		2,193		2,933
2020		751		2,294		3,045

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

	U.S.		Non-U.S.		Total
2022	$	1,941	$	4,915	$	6,856
2021		1,806		4,551		6,357
2020		1,791		4,300		6,091