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Segment Information (Tables)
9 Months Ended
Sep. 30, 2015
Segment Information  
Net sales for the Company's reportable segments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Three months ended  September 30,

    

Nine months ended

September 30,

 

 

 

2015

    

2014

    

2015

    

2014

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

Europe

 

$

605

 

$

709

 

$

1,809

 

$

2,205

 

North America

 

 

520

 

 

517

 

 

1,520

 

 

1,543

 

Latin America

 

 

265

 

 

313

 

 

677

 

 

826

 

Asia Pacific

 

 

162

 

 

197

 

 

478

 

 

584

 

Reportable segment totals

 

 

1,552

 

 

1,736

 

 

4,484

 

 

5,158

 

Other

 

 

14

 

 

9

 

 

46

 

 

23

 

Net sales

 

$

1,566

 

$

1,745

 

$

4,530

 

$

5,181

 

 

Segment operating profit (loss) for the Company's reportable segments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended 

September 30,

 

Nine months ended

September 30,

 

 

    

2015

    

2014

    

2015

    

2014

 

Segment operating profit:

 

 

 

 

 

 

 

 

 

 

 

 

 

Europe

 

$

68

 

$

104

 

$

181

 

$

300

 

North America

 

 

61

 

 

66

 

 

214

 

 

214

 

Latin America

 

 

51

 

 

61

 

 

108

 

 

155

 

Asia Pacific

 

 

19

 

 

17

 

 

51

 

 

59

 

Reportable segment totals

 

 

199

 

 

248

 

 

554

 

 

728

 

Items excluded from segment operating profit:

 

 

 

 

 

 

 

 

 

 

 

 

 

Retained corporate costs and other

 

 

(10)

 

 

(20)

 

 

(49)

 

 

(79)

 

Restructuring, asset impairment and other charges

 

 

(41)

 

 

(84)

 

 

(68)

 

 

(84)

 

Strategic transaction costs

 

 

(13)

 

 

 

 

 

(19)

 

 

 

 

Acquisition-related fair value inventory adjustments

 

 

(10)

 

 

 

 

 

(10)

 

 

 

 

Interest expense, net

 

 

(67)

 

 

(53)

 

 

(188)

 

 

(161)

 

Earnings from continuing operations before income taxes

 

$

58

 

$

91

 

$

220

 

$

404

 

 

Total assets for the Company's reportable segments

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30,

 

December 31,

 

September 30,

 

 

    

2015

    

2014

    

2014

 

Total assets:

 

 

 

 

 

 

 

 

 

 

Europe

 

$

3,030

 

$

3,214

 

$

3,405

 

North America

 

 

2,028

 

 

1,971

 

 

2,030

 

Latin America

 

 

3,297

 

 

1,300

 

 

1,358

 

Asia Pacific

 

 

894

 

 

1,018

 

 

1,042

 

 

 

 

 

 

 

 

 

 

 

 

Reportable segment totals

 

 

9,249

 

 

7,503

 

 

7,835

 

Other

 

 

305

 

 

340

 

 

306

 

Consolidated totals

 

$

9,554

 

$

7,843

 

$

8,141