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SEGMENT INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2021
Segment Reporting [Abstract] |
Schedule of information by segment and geographic area | Information by segment and Geographic Area was as follows, in millions:
| Year Ended December 31, |  | At December 31,
| Net Sales (1)(2)(3)(4) |  | Operating Profit (5) |  | Assets (6)
| 2021 |  | 2020 |  | 2019 |  | 2021 |  | 2020 |  | 2019 |  | 2021 |  | 2020 |  | 2019
Our operations by segment were: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Plumbing Products | $ | 5,135 |  |  | $ | 4,136 |  |  | $ | 3,984 |  |  | $ | 929 |  |  | $ | 806 |  |  | $ | 708 |  |  | $ | 3,195 |  |  | $ | 2,822 |  |  | $ | 2,375 |
Decorative Architectural Products | 3,240 |  |  | 3,052 |  |  | 2,723 |  |  | 581 |  |  | 583 |  |  | 480 |  |  | 1,781 |  |  | 1,633 |  |  | 1,526 |
Total | $ | 8,375 |  |  | $ | 7,188 |  |  | $ | 6,707 |  |  | $ | 1,510 |  |  | $ | 1,389 |  |  | $ | 1,188 |  |  | $ | 4,976 |  |  | $ | 4,455 |  |  | $ | 3,901 |
Our operations by Geographic Area were: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
North America | $ | 6,624 |  |  | $ | 5,805 |  |  | $ | 5,328 |  |  | $ | 1,214 |  |  | $ | 1,167 |  |  | $ | 987 |  |  | $ | 3,510 |  |  | $ | 3,101 |  |  | $ | 2,785 |
International, principally Europe | 1,751 |  |  | 1,383 |  |  | 1,379 |  |  | 296 |  |  | 222 |  |  | 201 |  |  | 1,466 |  |  | 1,354 |  |  | 1,116 |
Total, as above | $ | 8,375 |  |  | $ | 7,188 |  |  | $ | 6,707 |  |  | 1,510 |  |  | 1,389 |  |  | 1,188 |  |  | 4,976 |  |  | 4,455 |  |  | 3,901 |
General corporate expense, net (5) |  |  |  |  |  |  | (105) |  |  | (94) |  |  | (100) |  |  |  |  |  |  |
Operating profit, as reported |  |  |  |  |  |  | 1,405 |  |  | 1,295 |  |  | 1,088 |  |  |  |  |  |  |
Other income (expense), net |  |  |  |  |  |  | (717) |  |  | (164) |  |  | (174) |  |  |  |  |  |  |
Income from continuing operations before income taxes |  |  |  |  |  |  | $ | 688 |  |  | $ | 1,131 |  |  | $ | 914 |  |  |  |  |  |  |
Corporate assets |  |  |  |  |  |  |  |  |  |  |  |  | 599 |  |  | 1,322 |  |  | 598 |
Assets held for sale (8) |  |  |  |  |  |  |  |  |  |  |  |  | — |  |  | — |  |  | 528 |
Total assets |  |  |  |  |  |  |  |  |  |  |  |  | $ | 5,575 |  |  | $ | 5,777 |  |  | $ | 5,027 |
| Year Ended December 31,
| Property Additions (7) |  | Depreciation and Amortization
| 2021 |  | 2020 |  | 2019 |  | 2021 |  | 2020 |  | 2019
Our operations by segment were: |  |  |  |  |  |  |  |  |  |  |
Plumbing Products | $ | 94 |  |  | $ | 86 |  |  | $ | 108 |  |  | $ | 101 |  |  | $ | 84 |  |  | $ | 80 |
Decorative Architectural Products | 31 |  |  | 25 |  |  | 18 |  |  | 37 |  |  | 41 |  |  | 41 |
| 125 |  |  | 111 |  |  | 126 |  |  | 138 |  |  | 125 |  |  | 121 |
Unallocated amounts, principally related to corporate assets | 3 |  |  | 2 |  |  | 2 |  |  | 13 |  |  | 8 |  |  | 9 |
Discontinued operations | — |  |  | 1 |  |  | 34 |  |  | — |  |  | — |  |  | 29 |
Total | $ | 128 |  |  | $ | 114 |  |  | $ | 162 |  |  | $ | 151 |  |  | $ | 133 |  |  | $ | 159 |
______________________________ (1)Included in net sales were export sales from the U.S. of $322 million, $274 million and $244 million in 2021, 2020 and 2019, respectively. (2)Excluded from net sales were intra-company sales between segments of less than one percent in 2021, 2020 and 2019. (3)Included in net sales were sales to one customer of $3,037 million, $2,812 million and $2,481 million in 2021, 2020 and 2019, respectively. Such net sales were included in each of our segments. (4)Net sales from our operations in the U.S. were $6,387 million, $5,592 million and $5,127 million in 2021, 2020 and 2019, 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 $1,332 million and $546 million, $1,301 million and $522 million, and $1,198 million and $470 million at December 31, 2021, 2020 and 2019, respectively. (7)Property additions exclude amounts paid for long-lived assets as part of acquisitions. (8)Related to the divestiture of our Cabinetry business.

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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