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Segment Information
 12 Months Ended
Dec. 31, 2013
Segment Information  
Segment Information

2. Segment Information

        The Company has four reportable segments based on its geographic locations: Europe, North America, South America and Asia Pacific. These four segments are aligned with the Company's internal approach to managing, reporting, and evaluating performance of its global glass operations. Certain assets and activities not directly related to one of the regions or to glass manufacturing are reported with Retained corporate costs and other. These include licensing, equipment manufacturing, global engineering, and non-glass equity investments. Retained corporate costs and other also includes certain headquarters administrative and facilities costs and certain incentive compensation and other benefit plan costs that are global in nature and are not allocable to the reportable segments.

        The Company's measure of profit for its reportable segments is segment operating profit, which consists of consolidated earnings from continuing operations before interest income, interest expense, and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs. The Company's management uses segment operating profit, in combination with selected cash flow information, to evaluate performance and to allocate resources. Segment operating profit for reportable segments includes an allocation of some corporate expenses based on both a percentage of sales and direct billings based on the costs of specific services provided.

        Financial information regarding the Company's reportable segments is as follows:

 
   2013   2012   2011  

Net sales:

                    

Europe

   $ 2,787   $ 2,717   $ 3,052  

North America

     2,002     1,966     1,929  

South America

     1,186     1,252     1,226  

Asia Pacific

     966     1,028     1,059  
               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Reportable segment totals

     6,941     6,963     7,266  

Other

     26     37     92  
               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Net sales

   $ 6,967   $ 7,000   $ 7,358  
               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
               


 

 
   2013   2012   2011  

Segment operating profit:

                    

Europe

   $ 305   $ 307   $ 345  

North America

     307     288     222  

South America

     204     227     250  

Asia Pacific

     131     113     83  
               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Reportable segment totals

     947     935     900  

Items excluded from segment operating profit:

    
 		    
 		    
 		  

Retained corporate costs and other

     (119 )   (106 )   (75 )

Restructuring, asset impairment and related charges

     (119 )   (168 )   (112 )

Charge for asbestos related costs

     (145 )   (155 )   (165 )

Charge for goodwill impairment

                 (641 )

Gain on China land compensation

           61        

Interest income

     10     9     11  

Interest expense

     (239 )   (248 )   (314 )
               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Earnings (loss) from continuing operations before income taxes

   $ 335   $ 328   $ (396 )
               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
               


 

 
   Europe   North
America		   South
America		   Asia
Pacific		   Reportable
Segment
Totals		   Retained
Corp Costs
and Other		   Consolidated
Totals		  

Total assets:

                                            

2013

   $ 3,509   $ 1,995   $ 1,467   $ 1,150   $ 8,121   $ 298   $ 8,419  

2012

     3,362     1,994     1,655     1,349     8,360     238     8,598  

2011

     3,588     2,020     1,682     1,379     8,669     306     8,975  

Equity investments:

                                            

2013

   $ 84   $ 25   $ —   $ 155   $ 264   $ 51   $ 315  

2012

     63     25           165     253     41     294  

2011

     59     27           181     267     48     315  

Equity earnings:

                                            

2013

   $ 17   $ 16   $ —   $ 10   $ 43   $ 24   $ 67  

2012

     15     16           5     36     28     64  

2011

     21     9           3     33     33     66  

Capital expenditures:

                                            

2013

   $ 130   $ 100   $ 80   $ 36   $ 346   $ 15   $ 361  

2012

     87     68     75     49     279     11     290  

2011

     127     60     50     37     274     11     285  

Depreciation and amortization expense:

                                            

2013

   $ 139   $ 110   $ 72   $ 62   $ 383   $ 14   $ 397  

2012

     150     107     70     70     397     15     412  

2011

     164     96     73     80     413     9     422  

        The Company's net property, plant and equipment by geographic segment are as follows:

 
   U.S.   Non-U.S.   Total  

2013

   $ 686   $ 1,946   $ 2,632  

2012

     663     2,106     2,769  

2011

     667     2,210     2,877  

        The Company's net sales by geographic segment are as follows:

 
   U.S.   Non-U.S.   Total  

2013

   $ 1,809   $ 5,158   $ 6,967  

2012

     1,780     5,220     7,000  

2011

     1,776     5,582     7,358  

        Operations outside the U.S. that accounted for more than 10% of consolidated net sales from continuing operations were in France (2013—11%, 2012—11%, 2011—13%).