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v3.21.1

Business Segments - Reporting Information (Details) - USD ($) $ in Millions | 3 Months Ended
--- | ---
Mar. 31, 2021 | Mar. 31, 2020
Segment Operating Income (Loss) |  |
Net Sales | $ 3,511 | $ 3,056
Less: |  |
Income (Loss) before Income Taxes | 33 | (368)
Goodwill Impairment | 0 | 182
Rationalizations | 50 | 9
Interest Expense | 79 | 73
Other (Income) Expense | 34 | 27
Asset write-offs and accelerated depreciation (Note 3) | 0 | 4
Corporate incentive compensation plans | 9 | 3
Operating Segments |  |
Less: |  |
Income (Loss) before Income Taxes | 226 | (47)
Rationalizations | 46 | 9
Segment Reconciling Items |  |
Less: |  |
Rationalizations | 50 | 9
Interest Expense | 79 | 73
Other (Income) Expense | 34 | 27
Asset write-offs and accelerated depreciation (Note 3) | 0 | 4
Retained expenses of divested operations | 3 | 2
Corporate and Eliminations |  |
Less: |  |
Other | 18 | 21
Americas |  |
Segment Operating Income (Loss) |  |
Net Sales | 1,787 | 1,673
Less: |  |
Asset write-offs and accelerated depreciation (Note 3) | 0 | 4
Americas | Operating Segments |  |
Less: |  |
Income (Loss) before Income Taxes | 114 | 0
Rationalizations | 10 | 3
Europe, Middle East and Africa |  |
Segment Operating Income (Loss) |  |
Net Sales | 1,231 | 995
Europe, Middle East and Africa | Operating Segments |  |
Less: |  |
Income (Loss) before Income Taxes | 74 | (53)
Goodwill Impairment | 0 | 182
Rationalizations | 36 | 6
Asia Pacific |  |
Segment Operating Income (Loss) |  |
Net Sales | 493 | 388
Asia Pacific | Operating Segments |  |
Less: |  |
Income (Loss) before Income Taxes | $ 38 | $ 6

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