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Segment Information | 12 Months Ended
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Dec. 31, 2020
Segment Reporting [Abstract] |
Segment Information | Segment Information The Company operates in two product segments: Oral, Personal and Home Care; and Pet Nutrition. The operations of the Oral, Personal and Home Care product segment are managed geographically in five reportable operating segments: North America, Latin America, Europe, Asia Pacific and Africa/Eurasia. The Company evaluates segment performance based on several factors, including Operating profit. The Company uses Operating profit as a measure of operating segment performance because it excludes the impact of Corporate-driven decisions related to interest expense and income taxes. The accounting policies of the operating segments are generally the same as those described in Note 2, Summary of Significant Accounting Policies. Intercompany sales have been eliminated. Corporate operations include costs related to stock options and restricted stock units, research and development costs, Corporate overhead costs, restructuring and related implementation charges and gains and losses on sales of non-core product lines and assets. The Company reports these items within Corporate operations as they relate to Corporate-based responsibilities and decisions and are not included in the internal measures of segment operating performance used by the Company to measure the underlying performance of the operating segments. Approximately 70% of the Company’s Net sales are generated from markets outside the U.S., with approximately 45% of the Company’s Net sales coming from emerging markets (which consist of Latin America, Asia (excluding Japan), Africa/Eurasia and Central Europe). Oral, Personal and Home Care sales to Wal-Mart, Inc. and its affiliates represent approximately 12% of the Company’s Net sales in 2020. No other customer represents more than 10% of Net sales. In 2020, Corporate Operating profit included benefits of $16 resulting from the Global Growth and Efficiency Program and a charge of $6 for acquisition-related costs. In 2019, Corporate Operating profit included charges of $125 resulting from the Global Growth and Efficiency Program, a charge of $24 for acquisition-related costs and a benefit of $30 from a value-added tax matter in Brazil. In 2018, Corporate Operating Profit included charges of $152 resulting from the Global Growth and Efficiency Program.
|  | 2020 |  | 2019 |  | 2018
Net sales |  |  |  |  |  |
Oral, Personal and Home Care |  |  |  |  |  |
North America(1) |  | $ | 3,741 |  |  | $ | 3,424 |  |  | $ | 3,348 |
Latin America |  | 3,418 |  |  | 3,606 |  |  | 3,605 |
Europe |  | 2,747 |  |  | 2,450 |  |  | 2,502 |
Asia Pacific |  | 2,701 |  |  | 2,707 |  |  | 2,734 |
Africa/Eurasia |  | 981 |  |  | 981 |  |  | 967 |
Total Oral, Personal and Home Care |  | 13,588 |  |  | 13,168 |  |  | 13,156 |
Pet Nutrition(2) |  | 2,883 |  |  | 2,525 |  |  | 2,388 |
Total Net sales |  | $ | 16,471 |  |  | $ | 15,693 |  |  | $ | 15,544 |
_________ (1) Net sales in the U.S. for Oral, Personal and Home Care were $3,447, $3,166 and $3,091 in 2020, 2019 and 2018, respectively. (2) Net sales in the U.S. for Pet Nutrition were $1,712, $1,441 and $1,304 in 2020, 2019 and 2018, respectively.
|  | 2020 |  | 2019 |  | 2018
Operating profit |  |  |  |  |  |
Oral, Personal and Home Care |  |  |  |  |  |
North America |  | $ | 988 |  |  | $ | 982 |  |  | $ | 1,037 |
Latin America |  | 975 |  |  | 963 |  |  | 995 |
Europe |  | 652 |  |  | 624 |  |  | 634 |
Asia Pacific |  | 773 |  |  | 749 |  |  | 777 |
Africa/Eurasia |  | 206 |  |  | 187 |  |  | 173 |
Total Oral, Personal and Home Care |  | 3,594 |  |  | 3,505 |  |  | 3,616 |
Pet Nutrition |  | 793 |  |  | 703 |  |  | 680 |
Corporate |  | (502) |  |  | (654) |  |  | (602) |
Total Operating profit |  | $ | 3,885 |  |  | $ | 3,554 |  |  | $ | 3,694 |
|  | 2020 |  | 2019 |  | 2018
Capital expenditures |  |  |  |  |  |
Oral, Personal and Home Care |  |  |  |  |  |
North America |  | $ | 65 |  |  | $ | 43 |  |  | $ | 53 |
Latin America |  | 104 |  |  | 90 |  |  | 131 |
Europe |  | 41 |  |  | 42 |  |  | 39 |
Asia Pacific |  | 51 |  |  | 40 |  |  | 75 |
Africa/Eurasia |  | 13 |  |  | 8 |  |  | 11 |
Total Oral, Personal and Home Care |  | 274 |  |  | 223 |  |  | 309 |
Pet Nutrition |  | 56 |  |  | 41 |  |  | 35 |
Corporate |  | 79 |  |  | 71 |  |  | 92 |
Total Capital expenditures |  | $ | 409 |  |  | $ | 335 |  |  | $ | 436 |
|  | 2020 |  | 2019 |  | 2018
Depreciation and amortization |  |  |  |  |  |
Oral, Personal and Home Care |  |  |  |  |  |
North America |  | $ | 101 |  |  | $ | 94 |  |  | $ | 88 |
Latin America |  | 81 |  |  | 84 |  |  | 82 |
Europe |  | 94 |  |  | 72 |  |  | 70 |
Asia Pacific |  | 95 |  |  | 100 |  |  | 103 |
Africa/Eurasia |  | 9 |  |  | 8 |  |  | 8 |
Total Oral, Personal and Home Care |  | 380 |  |  | 358 |  |  | 351 |
Pet Nutrition |  | 58 |  |  | 55 |  |  | 53 |
Corporate |  | 101 |  |  | 106 |  |  | 107 |
Total Depreciation and amortization |  | $ | 539 |  |  | $ | 519 |  |  | $ | 511 |
|  | 2020 |  | 2019 |  | 2018
Identifiable assets |  |  |  |  |  |
Oral, Personal and Home Care |  |  |  |  |  |
North America |  | $ | 4,132 |  |  | $ | 3,576 |  |  | $ | 3,310 |
Latin America |  | 2,251 |  |  | 2,384 |  |  | 2,225 |
Europe |  | 5,386 |  |  | 5,104 |  |  | 2,883 |
Asia Pacific |  | 2,272 |  |  | 2,155 |  |  | 2,148 |
Africa/Eurasia |  | 605 |  |  | 590 |  |  | 502 |
Total Oral, Personal and Home Care |  | 14,646 |  |  | 13,809 |  |  | 11,068 |
Pet Nutrition |  | 1,210 |  |  | 1,175 |  |  | 1,033 |
Corporate(1) |  | 64 |  |  | 50 |  |  | 60 |
Total Identifiable assets(2) |  | $ | 15,920 |  |  | $ | 15,034 |  |  | $ | 12,161 |
____________ (1)In 2020, Corporate identifiable assets primarily consist of investments in equity securities (95%). In 2019, Corporate identifiable assets primarily consist of derivative instruments (2%) and investments in equity securities (92%). In 2018, Corporate identifiable assets primarily consist of derivative instruments (7%) and investments in equity securities (88%). (2)Long-lived assets in the U.S., primarily property, plant and equipment and goodwill and other intangibles represented approximately one-third of total long-lived assets of $10,911 in 2020, one-third of total long-lived assets of $10,192 in 2019, and one-half of total long-lived assets of $8,259 in 2018.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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