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SEGMENT INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2022
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)
| 2022 |  | 2021 |  | 2020 |  | 2022 |  | 2021 |  | 2020 |  | 2022 |  | 2021 |  | 2020
Our operations by segment were: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Plumbing Products | $ | 5,252 |  |  | $ | 5,135 |  |  | $ | 4,136 |  |  | $ | 819 |  |  | $ | 929 |  |  | $ | 806 |  |  | $ | 3,096 |  |  | $ | 3,195 |  |  | $ | 2,822 |
Decorative Architectural Products | 3,428 |  |  | 3,240 |  |  | 3,052 |  |  | 565 |  |  | 581 |  |  | 583 |  |  | 1,780 |  |  | 1,781 |  |  | 1,633 |
Total | $ | 8,680 |  |  | $ | 8,375 |  |  | $ | 7,188 |  |  | $ | 1,384 |  |  | $ | 1,510 |  |  | $ | 1,389 |  |  | $ | 4,876 |  |  | $ | 4,976 |  |  | $ | 4,455 |
Our operations by Geographic Area were: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
North America | $ | 6,978 |  |  | $ | 6,624 |  |  | $ | 5,805 |  |  | $ | 1,116 |  |  | $ | 1,214 |  |  | $ | 1,167 |  |  | $ | 3,552 |  |  | $ | 3,510 |  |  | $ | 3,101 |
International, principally Europe | 1,702 |  |  | 1,751 |  |  | 1,383 |  |  | 268 |  |  | 296 |  |  | 222 |  |  | 1,324 |  |  | 1,466 |  |  | 1,354 |
Total, as above | $ | 8,680 |  |  | $ | 8,375 |  |  | $ | 7,188 |  |  | 1,384 |  |  | 1,510 |  |  | 1,389 |  |  | 4,876 |  |  | 4,976 |  |  | 4,455 |
General corporate expense, net (5) |  |  |  |  |  |  | (87) |  |  | (105) |  |  | (94) |  |  |  |  |  |  |
Operating profit, as reported |  |  |  |  |  |  | 1,297 |  |  | 1,405 |  |  | 1,295 |  |  |  |  |  |  |
Other income (expense), net |  |  |  |  |  |  | (104) |  |  | (717) |  |  | (164) |  |  |  |  |  |  |
Income from continuing operations before income taxes |  |  |  |  |  |  | $ | 1,193 |  |  | $ | 688 |  |  | $ | 1,131 |  |  |  |  |  |  |
Corporate assets |  |  |  |  |  |  |  |  |  |  |  |  | 311 |  |  | 599 |  |  | 1,322 |
Total assets |  |  |  |  |  |  |  |  |  |  |  |  | $ | 5,187 |  |  | $ | 5,575 |  |  | $ | 5,777 |
| Year Ended December 31,
| Property Additions (7) |  | Depreciation and Amortization
| 2022 |  | 2021 |  | 2020 |  | 2022 |  | 2021 |  | 2020
Our operations by segment were: |  |  |  |  |  |  |  |  |  |  |
Plumbing Products | $ | 154 |  |  | $ | 94 |  |  | $ | 86 |  |  | $ | 103 |  |  | $ | 101 |  |  | $ | 84 |
Decorative Architectural Products | 64 |  |  | 31 |  |  | 25 |  |  | 34 |  |  | 37 |  |  | 41 |
| 218 |  |  | 125 |  |  | 111 |  |  | 137 |  |  | 138 |  |  | 125 |
Unallocated amounts, principally related to corporate assets | 6 |  |  | 3 |  |  | 2 |  |  | 8 |  |  | 13 |  |  | 8 |
Discontinued operations | — |  |  | — |  |  | 1 |  |  | — |  |  | — |  |  | — |
Total | $ | 224 |  |  | $ | 128 |  |  | $ | 114 |  |  | $ | 145 |  |  | $ | 151 |  |  | $ | 133 |
______________________________ (1)Included in net sales were export sales from the U.S. of $337 million, $322 million and $274 million in 2022, 2021 and 2020, respectively. (2)Excluded from net sales were intra-company sales between segments of less than one percent in 2022, 2021 and 2020. (3)Included in net sales were sales to one customer of $3,298 million, $3,037 million and $2,812 million in 2022, 2021 and 2020, respectively. Such net sales were included in each of our segments. (4)Net sales from our operations in the U.S. were $6,756 million, $6,387 million and $5,592 million in 2022, 2021 and 2020, 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 $1,372 million and $548 million, $1,332 million and $546 million, and $1,301 million and $522 million at December 31, 2022, 2021 and 2020, respectively. (7)Property additions exclude amounts paid for long-lived assets as part of acquisitions.

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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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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