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Reportable Segment Information (Tables)
12 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Information About Domestic and International Operations

Information about Ashland’s domestic and international operations follows. Ashland has no operations in any individual international country or single customer that represented more than 10% of sales in 2019, 2018 or 2017.

 

 

 

Sales to external customers

 

 

Net assets

(liabilities)

 

 

Property, plant and

equipment - net

 

(In millions)

 

2019

 

 

2018

 

 

2017

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

United States

 

$

959

 

 

$

997

 

 

$

880

 

 

$

1,789

 

 

$

1,142

 

 

$

1,231

 

 

$

1,250

 

International

 

 

1,534

 

 

 

1,592

 

 

 

1,429

 

 

 

1,782

 

 

 

2,264

 

 

 

346

 

 

 

396

 

 

 

$

2,493

 

 

$

2,589

 

 

$

2,309

 

 

$

3,571

 

 

$

3,406

 

 

$

1,577

 

 

$

1,646

 

Summary of Financial Information for Each Reportable Segment

The following table presents various financial information for each reportable segment. The operating results of divested divisions and assets during 2019, 2018 and 2017 that did not qualify for discontinued operations accounting treatment are included in the financial information until the date of sale.

 

Ashland Global Holdings Inc. and Consolidated Subsidiaries

 

 

 

 

 

 

 

 

 

 

 

 

Reportable Segment Information

 

 

 

 

 

 

 

 

 

 

 

 

Years Ended September 30

 

 

 

 

 

 

 

 

 

 

 

 

(In millions)

 

2019

 

 

2018

 

 

2017

 

Sales

 

 

 

 

 

 

 

 

 

 

 

 

Specialty Ingredients

 

$

2,382

 

 

$

2,470

 

 

$

2,216

 

Intermediates and Solvents

 

 

111

 

 

 

119

 

 

 

93

 

 

 

$

2,493

 

 

$

2,589

 

 

$

2,309

 

Equity income

 

 

 

 

 

 

 

 

 

 

 

 

Specialty Ingredients

 

$

 

 

$

1

 

 

$

 

Intermediates and Solvents

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

 

 

 

 

Other income (expense)

 

 

 

 

 

 

 

 

 

 

 

 

Specialty Ingredients

 

$

(1

)

 

$

(5

)

 

$

(2

)

Intermediates and Solvents

 

 

 

 

 

 

 

 

 

Unallocated and other

 

 

5

 

 

 

8

 

 

 

5

 

 

 

 

4

 

 

 

3

 

 

 

3

 

Equity and other income

 

$

4

 

 

$

4

 

 

$

3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss)

 

 

 

 

 

 

 

 

 

 

 

 

Specialty Ingredients

 

$

272

 

 

$

314

 

 

$

233

 

Intermediates and Solvents

 

 

16

 

 

 

17

 

 

 

(6

)

Unallocated and other

 

 

(122

)

 

 

(229

)

 

 

(178

)

 

 

$

166

 

 

$

102

 

 

$

49

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Specialty Ingredients

 

$

5,705

 

 

$

5,955

 

 

$

6,050

 

Intermediates and Solvents

 

 

185

 

 

 

192

 

 

 

188

 

Unallocated and other

 

 

1,361

 

 

 

2,112

 

 

 

2,380

 

 

 

$

7,251

 

 

$

8,259

 

 

$

8,618

 

Depreciation and amortization

 

 

 

 

 

 

 

 

 

 

 

 

Specialty Ingredients

 

$

273

 

 

$

252

 

 

$

243

 

Intermediates and Solvents

 

 

13

 

 

 

14

 

 

 

14

 

Unallocated and other

 

 

3

 

 

 

11

 

 

 

8

 

 

 

$

289

 

 

$

277

 

 

$

265

 

Property, plant and equipment - net

 

 

 

 

 

 

 

 

 

 

 

 

Specialty Ingredients

 

$

1,377

 

 

$

1,434

 

 

$

1,470

 

Intermediates and Solvents

 

 

78

 

 

 

83

 

 

 

90

 

Unallocated and other

 

 

122

 

 

 

129

 

 

 

157

 

 

 

$

1,577

 

 

$

1,646

 

 

$

1,717

 

Additions to property, plant and equipment

 

 

 

 

 

 

 

 

 

 

 

 

Specialty Ingredients

 

$

137

 

 

$

138

 

 

$

148

 

Intermediates and Solvents

 

 

7

 

 

 

5

 

 

 

5

 

Unallocated and other

 

 

10

 

 

 

14

 

 

 

15

 

 

 

$

154

 

 

$

157

 

 

$

168