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

    

Three months ended September 30,

Nine months ended September 30,

2024

    

2023

    

2024

 

2023

 

Net sales:

Americas

$

940

$

948

$

2,693

$

2,943

Europe

 

706

 

766

 

2,216

2,428

Reportable segment totals

 

1,646

 

1,714

 

4,909

 

5,371

Other

 

33

29

93

93

Net sales

$

1,679

$

1,743

$

5,002

$

5,464

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

Three months ended September 30,

Nine months ended September 30,

    

2024

    

2023

    

2024

    

2023

 

Earnings (loss) before income taxes

$

(57)

$

82

$

163

$

506

Items excluded from segment operating profit:

Retained corporate costs and other

31

60

104

175

Restructuring, asset impairment and other charges

83

81

83

81

Legacy environmental charge

1

11

Gain on sale of miscellaneous assets

(1)

(1)

Interest expense, net

87

78

252

263

Segment operating profit

$

144

$

301

$

612

$

1,025

Americas

$

88

$

116

$

296

$

419

Europe

56

185

316

606

Reportable segment totals

$

144

$

301

$

612

$

1,025

Total assets for the Company's reportable segments

September 30,

December 31,

September 30,

    

2024

2023

2023

Total assets:

Americas

 

$

4,882

 

$

5,218

 

$

5,474

Europe

 

3,927

 

3,949

 

3,709

Reportable segment totals

 

8,809

 

9,167

 

9,183

Other

 

563

502

552

Consolidated totals

 

$

9,372

 

$

9,669

 

$

9,735