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SEGMENT INFORMATION
 12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The Company has two reportable segments—the Freight Segment and the Transit Segment. The key factors used to identify these reportable segments are the organization and alignment of the Company’s internal operations, the nature of the products and services, and customer type. The Company’s business segments are:
Freight Segment builds, rebuilds, upgrades, and overhauls locomotives, services locomotives and freight cars, and provides a range of component and digital solutions for customers in the freight and transit rail, mining, and marine industries. Wabtec manufactures and services components for new and existing freight cars and locomotives, supplies railway electronics, positive train control equipment, signal design and engineering services, maintenance of way, and provides heat exchange and cooling systems for locomotives and power generation equipment. Customers include large, publicly traded railroads, leasing companies, manufacturers of original equipment such as locomotives and freight cars, and utilities, and also serves companies in the mining, marine, and industrial markets. We refer to sales of both goods, such as spare parts and equipment upgrades, and related services, such as monitoring, maintenance and repairs, as sales in our Services product line.
Transit Segment primarily manufactures and services components for new and existing passenger transit vehicles, typically regional trains, high speed trains, subway cars, light-rail vehicles and buses. It also refurbishes subway cars and provides heating, ventilation, and air conditioning equipment, and doors for buses and subway cars. Customers include public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses around the world.
The Company evaluates its business segments’ operating results based on income from operations. Intersegment sales are accounted for at prices that are generally established by reference to similar transactions with unaffiliated customers. Corporate activities include general corporate expenses, elimination of intersegment transactions, interest income and expense and other unallocated charges.
Segment financial information for 2022 is as follows:    
In millionFreight SegmentTransit SegmentCorporate Activities and EliminationTotal
Sales to external customers$6,012 $2,350 $— $8,362 
Intersegment sales/(elimination)51 31 (82)— 
Total sales$6,063 $2,381 $(82)$8,362 
Income (loss) from operations$864 $231 $(84)$1,011 
Interest expense and other, net— — (157)(157)
Income (loss) before income taxes$864 $231 $(241)$854 
Depreciation and amortization$399 $60 $20 $479 
Capital expenditures$87 $54 $8 $149 
Segment assets$21,118 $5,116 $(7,718)$18,516 
Segment financial information for 2021 is as follows:
In millionsFreight SegmentTransit SegmentCorporate Activities and EliminationTotal
Sales to external customers$5,239 $2,583 $— $7,822 
Intersegment sales/(elimination)48 33 (81)— 
Total sales$5,287 $2,616 $(81)$7,822 
Income (loss) from operations$717 $238 $(79)$876 
Interest expense and other, net— — (139)(139)
Income (loss) from operations before income taxes$717 $238 $(218)$737 
Depreciation and amortization$405 $70 $16 $491 
Capital expenditures$79 $48 $3 $130 
Segment assets$18,291 $5,768 $(5,605)$18,454 
Segment financial information for 2020 is as follows:    
In millionsFreight SegmentTransit SegmentCorporate Activities and EliminationTotal
Sales to external customers$5,082 $2,474 $— $7,556 
Intersegment sales/(elimination)49 37 (86)— 
Total sales$5,131 $2,511 $(86)$7,556 
Income (loss) from operations$584 $230 $(69)$745 
Interest expense and other, net— — (188)(188)
Income (loss) before income taxes$584 $230 $(257)$557 
Depreciation and amortization$393 $67 $13 $473 
Capital expenditures$70 $40 $26 $136 
The following geographic area data as of and for the years ended December 31, 2022, 2021 and 2020, respectively, includes net sales based on product shipment destination and long-lived assets, which consist of property, plant and equipment, net of depreciation, resident in their respective countries:
Net SalesLong-Lived Assets
In millions20222021202020222021
United States$3,734 $3,321 $3,161 $956 $983 
Canada454 462 372 5 6 
Mexico287 220 187 21 22 
North America4,475 4,003 3,720 982 1,011 
South America336 301 217 37 32 
United Kingdom213 300 314 40 45 
Germany339 383 351 59 70 
France273 286 252 52 54 
Italy163 196 172 33 29 
Switzerland73 88 83 2 2 
Other Europe385 427 405 50 55 
Europe1,446 1,680 1,577 236 255 
India531 531 441 131 151 
Australia / New Zealand465 386 366 8 9 
China244 228 225 29 32 
Other Asia / Middle East183 177 199 — — 
Egypt164 32 360 — — 
Other Africa119 72 138 3 4 
Kazakhstan / Russia / CIS399 412 313 3 3 
Total$8,362 $7,822 $7,556 $1,429 $1,497 
Net sales to external customers by product line are as follows:
In millions202220212020
Freight Segment:
Services$2,819 $2,430 $2,068 
Equipment1,528 1,302 1,531 
Components936 867 819 
Digital Electronics729 640 664 
Total Freight Segment sales$6,012 $5,239 $5,082 
Transit Segment:
Original Equipment Manufacturer$1,095 $1,193 $1,139 
Aftermarket1,255 1,390 1,335 
Total Transit Segment sales$2,350 $2,583 $2,474