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SEGMENT INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2014
SEGMENT INFORMATION |
Schedule of information about the Company by segment and geographic area | Information by segment and geographic area was as follows, in millions:
|  | Net Sales (1)(2)(3)(4)(5) |  | Operating Profit (Loss) (5)(6) |  | Assets at December 31 (9)(10) |
|  | 2014 |  | 2013 |  | 2012 |  | 2014 |  | 2013 |  | 2012 |  | 2014 |  | 2013 |  | 2012 |
Our operations by segment were: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cabinets and Related Products |  | $ | 999 |  | $ | 1,014 |  | $ | 939 |  | $ | (62 | ) | $ | (10 | ) | $ | (89 | ) | $ | 608 |  | $ | 659 |  | $ | 700 |
Plumbing Products |  |  | 3,308 |  |  | 3,183 |  |  | 2,955 |  |  | 512 |  |  | 394 |  |  | 307 |  |  | 1,989 |  |  | 2,040 |  |  | 2,012 |
Installation and Other Services |  |  | 1,515 |  |  | 1,412 |  |  | 1,209 |  |  | 58 |  |  | 37 |  |  | (19 | ) |  | 1,474 |  |  | 1,465 |  |  | 1,444 |
Decorative Architectural Products |  |  | 1,998 |  |  | 1,927 |  |  | 1,818 |  |  | 360 |  |  | 351 |  |  | 329 |  |  | 857 |  |  | 812 |  |  | 799 |
Other Specialty Products |  |  | 701 |  |  | 637 |  |  | 574 |  |  | 47 |  |  | 35 |  |  | (31 | ) |  | 702 |  |  | 693 |  |  | 704 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total |  | $ | 8,521 |  | $ | 8,173 |  | $ | 7,495 |  | $ | 915 |  | $ | 807 |  | $ | 497 |  | $ | 5,630 |  | $ | 5,669 |  | $ | 5,659 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Our operations by geographic area were: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 6,892 |  | $ | 6,634 |  | $ | 6,046 |  | $ | 701 |  | $ | 649 |  | $ | 360 |  | $ | 4,335 |  | $ | 4,295 |  | $ | 4,363 |
International, principally Europe |  |  | 1,629 |  |  | 1,539 |  |  | 1,449 |  |  | 214 |  |  | 158 |  |  | 137 |  |  | 1,295 |  |  | 1,374 |  |  | 1,296 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total, as above |  | $ | 8,521 |  | $ | 8,173 |  | $ | 7,495 |  |  | 915 |  |  | 807 |  |  | 497 |  |  | 5,630 |  |  | 5,669 |  |  | 5,659 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
General corporate expense, net (7) |  |  | (136 | ) |  | (134 | ) |  | (126 | ) |  |  |  |  |  |  |  |  |
Income (charge) for litigation settlements (8) |  |  | 9 |  |  | — |  |  | (77 | ) |  |  |  |  |  |  |  |  |
Gain from sales of fixed assets, net |  |  | — |  |  | — |  |  | 8 |  |  |  |  |  |  |  |  |  |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating profit, as reported |  |  | 788 |  |  | 673 |  |  | 302 |  |  |  |  |  |  |  |  |  |
Other income (expense), net |  |  | (213 | ) |  | (223 | ) |  | (229 | ) |  |  |  |  |  |  |  |  |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income from continuing operations before income taxes |  | $ | 575 |  | $ | 450 |  | $ | 73 |  |  |  |  |  |  |  |  |  |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Corporate assets |  |  |  |  |  |  |  |  |  |  |  | 1,537 |  |  | 1,288 |  |  | 1,021 |
Assets held for sale |  |  |  |  |  |  |  |  |  |  |  | — |  |  | — |  |  | 203 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total assets |  |  |  |  |  |  |  |  |  |  | $ | 7,167 |  | $ | 6,957 |  | $ | 6,883 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
|  |  |  |  |  |  |  | Depreciation and Amortization (5) |
|  | Property Additions (5) |  | 2014 |  | 2013 |  | 2012 |
|  | 2014 |  | 2013 |  | 2012 |
Our operations by segment were: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cabinets and Related Products |  | $ | 9 |  | $ | 9 |  | $ | 15 |  | $ | 33 |  | $ | 42 |  | $ | 57 |
Plumbing Products |  |  | 65 |  |  | 71 |  |  | 67 |  |  | 63 |  |  | 65 |  |  | 69 |
Installation and Other Services |  |  | 13 |  |  | 14 |  |  | 11 |  |  | 26 |  |  | 27 |  |  | 30 |
Decorative Architectural Products |  |  | 12 |  |  | 16 |  |  | 11 |  |  | 16 |  |  | 17 |  |  | 15 |
Other Specialty Products |  |  | 28 |  |  | 10 |  |  | 11 |  |  | 18 |  |  | 22 |  |  | 21 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
|  |  | 127 |  |  | 120 |  |  | 115 |  |  | 156 |  |  | 173 |  |  | 192 |
Unallocated amounts, principally related to corporate assets |  |  | 1 |  |  | 4 |  |  | 2 |  |  | 11 |  |  | 11 |  |  | 11 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total |  | $ | 128 |  | $ | 124 |  | $ | 117 |  | $ | 167 |  | $ | 184 |  | $ | 203 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(1) | Included in net sales were export sales from the U.S. of $228 million, $227 million and $229 million in 2014, 2013 and 2012, respectively.
(2) | Excluded from net sales were intra-company sales between segments of approximately two percent of net sales in each of 2014, 2013 and 2012.
(3) | Included in net sales were sales to one customer of $2,319 million, $2,280 million and $2,143 million in 2014, 2013 and 2012, respectively. Such net sales were included in the following segments: Cabinets and Related Products, Plumbing Products, Decorative Architectural Products and Other Specialty Products.
(4) | Net sales from our operations in the U.S. were $6,689 million, $6,359 million and $5,793 million in 2014, 2013 and 2012, respectively.
(5) | Net sales, operating profit (loss), property additions and depreciation and amortization expense for 2014, 2013 and 2012 excluded the results of businesses reported as discontinued operations in 2013 and 2012.
(6) | Included in segment operating profit (loss) for 2012 was an impairment charge for other intangible assets as follows: Other Specialty Products – $42 million.
(7) | General corporate expense, net included those expenses not specifically attributable to our segments.
(8) | The income (charge) for litigation settlements in 2014 relates to a business in our Decorative Architectural Products segment and in 2012 primarily relates to a business in the Installation and Other Services segment.
(9) | Long-lived assets of our operations in the U.S. and Europe were $2,611 million and $428 million, $2,685 million and $481 million, and $2,792 million and $467 million at December 31, 2014, 2013 and 2012, respectively.
(10) | Segment assets for 2012 excluded the assets of businesses reported as discontinued operations.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8721-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8736-108599 + Details
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