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SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The Company has three reportable segments: Composites, Insulation and Roofing. Accounting policies for the segments are the same as those for the Company. The Company’s three reportable segments are defined as follows:

Composites – Within our Composites segment, the Company manufactures, fabricates and sells glass reinforcements in the form of fiber. Glass reinforcement materials are also used by the Composites segment to manufacture and sell high value applications in the form of fabrics, non-wovens and other specialized products.

Insulation – Within our Insulation segment, the Company manufactures and sells thermal and acoustical batts, loosefill insulation, spray foam insulation, foam sheathing and accessories. It also manufactures and sells glass fiber pipe insulation, energy efficient flexible duct media, bonded and granulated mineral wool insulation, cellular glass insulation, and foam insulation used in above- and below-grade construction applications.

Roofing – Within our Roofing segment, the Company manufactures and sells residential roofing shingles, oxidized asphalt materials, roofing components used in residential and commercial construction and specialty applications, and synthetic packaging materials.
NET SALES
The following tables show a disaggregation of our Net sales by segment and geographic region (in millions). Corporate eliminations (shown below) largely reflect intercompany sales from Composites to Roofing. External customer sales are attributed to geographic region based upon the location from which the product is sold to the external customer.
For the three months ended June 30, 2023
Reportable SegmentsCompositesInsulationRoofingEliminationsConsolidated
Disaggregation Categories
U.S. residential$87 $324 $1,054 $(83)$1,382 
U.S. commercial and industrial237 223 40 (2)498 
Total United States324 547 1,094 (85)1,880 
Europe135 201 4 — 340 
Asia-Pacific116 41 1 — 158 
Rest of world45 116 24 — 185 
NET SALES$620 $905 $1,123 $(85)$2,563 

For the three months ended June 30, 2022
Reportable SegmentsCompositesInsulationRoofingEliminationsConsolidated
Disaggregation Categories
U.S. residential$94 $374 $932 $(69)$1,331 
U.S. commercial and industrial225 202 44 — 471 
Total United States319 576 976 (69)1,802 
Europe197 213 5 (1)414 
Asia-Pacific145 41 2 — 188 
Rest of world58 104 35 — 197 
NET SALES$719 $934 $1,018 $(70)$2,601 
For the six months ended June 30, 2023
Reportable SegmentsCompositesInsulationRoofingEliminationsConsolidated
Disaggregation Categories
U.S. residential$172 $694 $1,893 $(148)$2,611 
U.S. commercial and industrial455 429 64 (4)944 
Total United States627 1,123 1,957 (152)3,555 
Europe272 395 8 (1)674 
Asia-Pacific223 72 1 — 296 
Rest of world83 234 52 — 369 
NET SALES$1,205 $1,824 $2,018 $(153)$4,894 
For the six months ended June 30, 2022
Reportable SegmentsCompositesInsulationRoofingEliminationsConsolidated
Disaggregation Categories
U.S. residential$181 $725 $1,708 $(129)$2,485 
U.S. commercial and industrial435 381 71 (3)884 
Total United States616 1,106 1,779 (132)3,369 
Europe402 410 11 (3)820 
Asia-Pacific296 76 4 — 376 
Rest of world119 201 62 — 382 
NET SALES$1,433 $1,793 $1,856 $(135)$4,947 
EARNINGS BEFORE INTEREST AND TAXES

Earnings before interest and taxes (“EBIT”) by segment consist of net sales less related costs and expenses, and are presented on a basis that is used internally for evaluating segment performance. Certain items, such as general corporate expenses or income and certain other expense or income items, are excluded from the internal evaluation of segment performance. Accordingly, these items are not reflected in EBIT for our reportable segments and are included within Corporate, Other and Eliminations.
The following table summarizes EBIT by segment (in millions):
  
Three Months Ended
June 30,		Six Months Ended
June 30,
  
2023202220232022
Reportable Segments
Composites$87 $154 $136 $308 
Insulation163 157 319 286 
Roofing338 258 547 434 
Total reportable segments588 569 1,002 1,028 
Restructuring costs(47)(11)(65)(17)
Gain on sale of Shanghai, China facility— — — 27 
Gain on sale of Santa Clara, California site— — 189 — 
Gains on sale of certain precious metals— 7 2 11 
Acquisition-related costs— (3)— (3)
Impairment loss on Chambery, France assets held for sale— (29)— (29)
General corporate expense and other(54)(44)(107)(86)
Total corporate, other and eliminations(101)(80)19 (97)
EBIT$487 $489 $1,021 $931