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SEGMENT INFORMATION
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Our reportable segments are as follows:
Plumbing Products –  principally includes faucets, plumbing system components and valves, showerheads and handheld showers, bath hardware and accessories, bath units, tubs and shower bases and enclosures, sinks, toilets, spas, exercise pools and fitness systems and water handling systems.
Decorative Architectural Products –  principally includes paints and other coating products, paint applicators and accessories, lighting fixtures, ceiling fans, landscape lighting and LED lighting systems, and cabinet and other hardware.
The above products are sold to the residential repair and remodel and to a lesser extent the new home construction markets through home center retailers, online retailers, wholesalers and distributors, mass merchandisers, hardware stores, direct to the consumer and homebuilders.
Our operations are principally located in North America and Europe. Our country of domicile is the United States of America.
Other than those assets specifically identified within a segment, corporate assets consist primarily of property and equipment, right-of-use assets, deferred tax assets, cash and cash investments and other investments.
Our segments are based upon similarities in products and represent the aggregation of operating units, for which financial information is regularly evaluated by our corporate operating executive in determining resource allocation and assessing performance, and is periodically reviewed by the Board of Directors. Accounting policies for the segments are the same as those for us. We primarily evaluate performance based upon operating profit and, other than general corporate expense, allocate specific corporate overhead to each segment.
As described in Note C, our previously reported Windows and Other Specialty Products as well as Cabinetry Products segments were classified as discontinued operations in 2019.
Q. SEGMENT INFORMATION (Concluded)
Information by segment and geographic area was as follows, in millions:
 
Net Sales
(1)(2)(3)(4)
Operating Profit
(5)
Assets at
December 31 (6)
 202020192018202020192018202020192018
Our operations by segment were:
        
Plumbing Products$4,136 $3,984 $3,998 $806 $708 $715 $2,822 $2,375 $2,253 
Decorative Architectural Products
3,052 2,723 2,656 583 480 456 1,633 1,526 1,534 
Total$7,188 $6,707 $6,654 $1,389 $1,188 $1,171 $4,455 $3,901 $3,787 
Our operations by geographic area were:
         
North America$5,805 $5,328 $5,208 $1,167 $987 $954 $3,101 $2,785 $2,729 
International, principally Europe1,383 1,379 1,446 222 201 217 1,354 1,116 1,058 
Total, as above$7,188 $6,707 $6,654 1,389 1,188 1,171 4,455 3,901 3,787 
General corporate expense, net (5)
(94)(100)(94)   
Operating profit, as reported1,295 1,088 1,077    
Other income (expense), net(164)(174)(170)   
Income from continuing operations before income taxes
$1,131 $914 $907    
Corporate assets   1,322 598 411 
Assets held for sale— 528 1,195 
Total assets   $5,777 $5,027 $5,393 

 Property Additions (7)Depreciation and
Amortization
 202020192018202020192018
Our operations by segment were:
Plumbing Products$86 $108 $120 $84 $80 $77 
Decorative Architectural Products25 18 54 41 41 35 
111 126 174 125 121 112 
Unallocated amounts, principally related to corporate assets
Discontinued operations
34 38 — 29 36 
Total$114 $162 $219 $133 $159 $156 
______________________________
(1)Included in net sales were export sales from the U.S. of $274 million, $244 million and $237 million in 2020, 2019 and 2018, respectively.
(2)Excluded from net sales were intra-company sales between segments of less than one percent in 2020, 2019 and 2018.
(3)Included in net sales were sales to one customer of $2,812 million, $2,481 million and $2,457 million in 2020, 2019 and 2018, respectively. Such net sales were included in each of our segments.
(4)Net sales from our operations in the U.S. were $5,592 million, $5,127 million and $5,034 million in 2020, 2019 and 2018, respectively.
(5)General corporate expense, net included those expenses not specifically attributable to our segments.
(6)Long-lived assets of our operations in the U.S. and Europe were $1,301 million and $522 million, $1,198 million and $470 million, and $1,119 million and $446 million at December 31, 2020, 2019 and 2018, respectively.
(7)Property additions exclude amounts paid for long-lived assets as part of acquisitions. Refer to Note B for further information.