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Segment Information
 9 Months Ended
Sep. 30, 2023
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 to the Company’s Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022. 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.

Net sales by segment were as follows:
Three Months EndedNine Months Ended
 September 30,September 30,
 2023202220232022
Net sales  
Oral, Personal and Home Care  
North America$990 $958 $2,926 $2,850 
Latin America1,194 997 3,447 2,970 
Europe725 632 2,053 1,925 
Asia Pacific682 709 2,084 2,131 
Africa/Eurasia266 287 822 809 
Total Oral, Personal and Home Care3,857 3,583 11,332 10,685 
Pet Nutrition1,058 872 3,175 2,653 
Total Net sales$4,915 $4,455 $14,507 $13,338 
Approximately two-thirds 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).
The Company’s Net sales of Oral, Personal and Home Care and Pet Nutrition products accounted for the following percentages of the Company’s Net sales:
Three Months EndedNine Months Ended
 September 30,September 30,
 2023202220232022
Net sales
Oral Care43 %44 %42 %44 %
Personal Care19 %19 %19 %19 %
Home Care17 %17 %17 %17 %
Pet Nutrition21 %20 %22 %20 %
Total Net sales100 %100 %100 %100 %
Operating profit by segment was as follows:
Three Months EndedNine Months Ended
 September 30,September 30,
 2023202220232022
Operating profit  
Oral, Personal and Home Care  
North America$231 $198 $651 $557 
Latin America372 289 1,050 818 
Europe162 127 412 410 
Asia Pacific193 185 564 556 
Africa/Eurasia66 66 196 160 
Total Oral, Personal and Home Care1,024 865 2,873 2,501 
Pet Nutrition201 201 575 617 
Corporate(196)(119)(536)(427)
Total Operating profit$1,029 $947 $2,912 $2,691 

Corporate Operating profit (loss) for the three months ended September 30, 2023 included charges resulting from the 2022 Global Productivity Initiative of $2.

Corporate Operating profit (loss) for the nine months ended September 30, 2023 included product recall costs of $25 and charges resulting from the 2022 Global Productivity Initiative of $25.

Corporate Operating profit (loss) for the three and nine months ended September 30, 2022 included charges resulting from the 2022 Global Productivity Initiative of $3 and $79, respectively, and a gain on the sale of land in Asia Pacific of $47 and acquisition-related costs of $17 in both periods.