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Segment Information (Tables)
3 Months Ended
Mar. 31, 2023
Segment Information  
Net sales for the Company's reportable segments

    

Three months ended March 31,

2023

 

2022

 

Net sales:

Americas

$

1,000

$

940

Europe

 

799

708

Reportable segment totals

 

1,799

 

1,648

Other

32

44

Net sales

$

1,831

$

1,692

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

Three months ended March 31,

    

2023

    

2022

 

Earnings before income taxes

$

270

$

170

Items excluded from segment operating profit:

Retained corporate costs and other

60

50

Gain on sale of divested business

(55)

Interest expense, net

68

66

Segment operating profit

$

398

$

231

Americas

$

176

$

129

Europe

222

102

Reportable segment totals

$

398

$

231

Total assets for the Company's reportable segments

March 31,

December 31,

March 31,

    

2023

2022

2022

Total assets:

Americas

 

$

5,341

 

$

5,109

 

$

5,097

Europe

 

3,639

 

3,392

 

3,378

Reportable segment totals

 

8,980

 

8,501

 

8,475

Other

 

445

560

402

Consolidated totals

 

$

9,425

 

$

9,061

 

$

8,877