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Segment Information (Tables)
6 Months Ended
Jun. 30, 2024
Segment Information  
Schedule of net sales for the Company's reportable segments

    

Three months ended June 30,

Six months ended June 30,

2024

    

2023

    

2024

 

2023

 

Net sales:

Americas

$

899

$

996

$

1,753

$

1,996

Europe

 

802

 

863

 

1,511

1,662

Reportable segment totals

 

1,701

 

1,859

 

3,264

 

3,658

Other

 

28

31

58

63

Net sales

$

1,729

$

1,890

$

3,322

$

3,721

Schedule of segment operating profit (loss) for the Company's reportable segments

Three months ended June 30,

Six months ended June 30,

    

2024

    

2023

    

2024

    

2023

 

Earnings before income taxes

$

104

$

154

$

221

$

424

Items excluded from segment operating profit:

Retained corporate costs and other

32

54

72

114

Legacy environmental charge

10

10

Interest expense, net

87

118

165

186

Segment operating profit

$

233

$

326

$

468

$

724

Americas

$

106

$

126

$

208

$

303

Europe

127

200

260

421

Reportable segment totals

$

233

$

326

$

468

$

724

Total assets for the Company's reportable segments

June 30,

December 31,

June 30,

    

2024

2023

2023

Total assets:

Americas

 

$

5,009

 

$

5,218

 

$

5,574

Europe

 

3,796

 

3,949

 

3,652

Reportable segment totals

 

8,805

 

9,167

 

9,226

Other

 

529

502

685

Consolidated totals

 

$

9,334

 

$

9,669

 

$

9,911