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Segment Information (Tables)
6 Months Ended
Jun. 30, 2021
Segment Information  
Schedule of net sales to unaffiliated customers by country of origin

Presented below are the Company’s Net sales to unaffiliated customers by reportable segment for the three months ended June 30, 2021 and 2020.

Three Months Ended

Six Months Ended

June 30, 

June 30, 

(in millions)

    

2021

    

2020

2021

    

2020

    

Net sales to unaffiliated customers:

North America

$

1,068

$

848

$

2,013

$

1,811

South America

268

182

541

419

Asia-Pacific

248

187

483

376

EMEA

178

132

339

286

Total net sales

$

1,762

$

1,349

$

3,376

$

2,892

Schedule of segment reporting of net sales, operating income and total assets

Presented below is the Company’s Operating income by reportable business segment for the three months ended June 30, 2021, and 2020.

Three Months Ended

Six Months Ended

June 30, 

June 30, 

(in millions)

2021

    

2020

2021

2020

Operating income:

North America

$

149

$

101

$

283

$

226

South America

33

13

73

39

Asia-Pacific

24

22

49

42

EMEA

32

21

63

48

Corporate

(30)

(30)

(59)

(61)

Subtotal

208

127

409

294

Acquisition/integration costs

(4)

(3)

(5)

(3)

Equity method acquisition charges

7

7

Restructuring/impairment charges

(4)

(11)

(14)

(25)

Assets held for sale impairment

(360)

Other matters

15

15

Total operating income

$

222

$

113

$

52

$

266

Schedule of long-lived assets (excluding intangible assets) by country

As of

As of

(in millions)

June 30, 2021

    

December 31, 2020

Assets:

North America (a)

$

4,279

$

4,231

South America

862

818

Asia-Pacific

1,331

1,255

EMEA

626

554

Total assets

$

7,098

$

6,858