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Segment Information (Tables)
9 Months Ended
Sep. 30, 2020
Segment Information  
Schedule of segment reporting of net sales, operating income and total assets

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

(in millions)

    

2020

    

2019

2020

    

2019

    

Net sales to unaffiliated customers:

North America

$

928

$

984

$

2,739

$

2,912

South America

224

245

643

699

Asia-Pacific

207

205

583

611

EMEA

143

140

429

438

Total net sales

$

1,502

$

1,574

$

4,394

$

4,660

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

(in millions)

2020

    

2019

2020

2019

Operating income:

North America

$

132

$

145

$

358

$

409

South America

29

27

68

61

Asia-Pacific

18

22

60

65

EMEA

25

24

73

71

Corporate

(25)

(25)

(86)

(69)

Subtotal

179

193

473

537

Restructuring/impairment charges

(16)

(28)

(41)

(41)

Acquisition/integration costs

(5)

(8)

(2)

Charge for fair value markup of acquired inventory

(3)

(3)

North America storm damage

(2)

(2)

Total operating income

$

153

$

165

$

419

$

494

As of

As of

(in millions)

September 30, 2020

    

December 31, 2019

Assets:

North America (a)

$

4,072

$

3,924

South America

676

774

Asia-Pacific

1,193

843

EMEA

523

499

Total assets

$

6,464

$

6,040

(a)For purposes of presentation, North America includes Corporate assets.