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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2015
Segment Information |
Net sales for the Company's reportable segments |
|  | 2015 |  | 2014 |  | 2013 |
Net sales: |  |  |  |  |  |  |  |  |  |
Europe |  | $ | 2,324 |  | $ | 2,794 |  | $ | 2,787 |
North America |  |  | 2,039 |  |  | 2,003 |  |  | 2,002 |
Latin America |  |  | 1,064 |  |  | 1,159 |  |  | 1,186 |
Asia Pacific |  |  | 671 |  |  | 793 |  |  | 966 |
Reportable segment totals |  |  | 6,098 |  |  | 6,749 |  |  | 6,941 |
Other |  |  | 58 |  |  | 35 |  |  | 26 |
Net sales |  | $ | 6,156 |  | $ | 6,784 |  | $ | 6,967 |
Segment operating profit (loss) for the Company's reportable segments |
|  | 2015 |  | 2014 |  | 2013 |
|  | (restated(1)) |  | (restated(1)) |  | (restated(1)) |
Segment operating profit: |  |  |  |  |  |  |  |  |  |
Europe |  | $ | 209 |  | $ | 353 |  | $ | 305 |
North America |  |  | 265 |  |  | 240 |  |  | 307 |
Latin America |  |  | 183 |  |  | 227 |  |  | 204 |
Asia Pacific |  |  | 83 |  |  | 88 |  |  | 131 |
Reportable segment totals |  |  | 740 |  |  | 908 |  |  | 947 |
Items excluded from segment operating profit: |  |  |  |  |  |  |  |  |  |
Retained corporate costs and other |  |  | (70) |  |  | (100) |  |  | (119) |
Charge for asbestos-related costs |  |  | (16) |  |  | (46) |  |  | (12) |
Restructuring, asset impairment and other charges |  |  | (80) |  |  | (91) |  |  | (119) |
Strategic transaction costs |  |  | (23) |  |  |  |  |  |  |
Acquisition-related fair value inventory adjustments |  |  | (22) |  |  |  |  |  |  |
Acquisition-related fair value intangible adjustments |  |  | (10) |  |  |  |  |  |  |
Non-income tax charge |  |  |  |  |  | (69) |  |  |  |
Pension settlement charges |  |  |  |  |  | (65) |  |  |  |
Interest expense, net |  |  | (251) |  |  | (230) |  |  | (229) |
Earnings from continuing operations before income taxes |  | $ | 268 |  | $ | 307 |  | $ | 468 |
Total assets for the Company's reportable segments |
See Note 1 for restatement information |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  |  |  |  |  |  |  |  | Reportable |  | Retained |  | Consoli- |
|  |  |  |  | North |  | Latin |  | Asia |  | Segment |  | Corp Costs |  | dated |
|  | Europe |  | America |  | America |  | Pacific |  | Totals |  | and Other |  | Totals |
Total assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2015 |  | $ | 2,902 |  | $ | 2,500 |  | $ | 2,807 |  | $ | 917 |  | $ | 9,126 |  | $ | 295 |  | $ | 9,421 |
2014 |  |  | 3,214 |  |  | 1,971 |  |  | 1,300 |  |  | 1,018 |  |  | 7,503 |  |  | 340 |  |  | 7,843 |
2013 |  |  | 3,494 |  |  | 1,995 |  |  | 1,467 |  |  | 1,150 |  |  | 8,106 |  |  | 287 |  |  | 8,393 |
Equity investments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2015 |  | $ | 78 |  | $ | 22 |  | $ | — |  | $ | 145 |  | $ | 245 |  | $ | 164 |  | $ | 409 |
2014 |  |  | 81 |  |  | 24 |  |  |  |  |  | 153 |  |  | 258 |  |  | 169 |  |  | 427 |
2013 |  |  | 84 |  |  | 25 |  |  |  |  |  | 155 |  |  | 264 |  |  | 51 |  |  | 315 |
Equity earnings: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2015 |  | $ | 16 |  | $ | 19 |  | $ | — |  | $ | 7 |  | $ | 42 |  | $ | 18 |  | $ | 60 |
2014 |  |  | 19 |  |  | 17 |  |  |  |  |  | 4 |  |  | 40 |  |  | 24 |  |  | 64 |
2013 |  |  | 17 |  |  | 16 |  |  |  |  |  | 10 |  |  | 43 |  |  | 24 |  |  | 67 |
Capital expenditures: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2015 |  | $ | 164 |  | $ | 97 |  | $ | 89 |  | $ | 50 |  | $ | 400 |  | $ | 2 |  | $ | 402 |
2014 |  |  | 188 |  |  | 89 |  |  | 55 |  |  | 34 |  |  | 366 |  |  | 3 |  |  | 369 |
2013 |  |  | 130 |  |  | 100 |  |  | 80 |  |  | 36 |  |  | 346 |  |  | 15 |  |  | 361 |
Depreciation and amortization expense: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2015 |  | $ | 120 |  | $ | 128 |  | $ | 107 |  | $ | 40 |  | $ | 395 |  | $ | 14 |  | $ | 409 |
2014 |  |  | 140 |  |  | 131 |  |  | 79 |  |  | 53 |  |  | 403 |  |  | 15 |  |  | 418 |
2013 |  |  | 139 |  |  | 110 |  |  | 72 |  |  | 62 |  |  | 383 |  |  | 14 |  |  | 397 |
Schedule of segment information by geographic segment | The Company’s net property, plant and equipment by geographic segment are as follows:
|  | U.S. |  | Non-U.S. |  | Total |
2015 |  | $ | 736 |  | $ | 2,225 |  | $ | 2,961 |
2014 |  |  | 713 |  |  | 1,732 |  |  | 2,445 |
2013 |  |  | 686 |  |  | 1,946 |  |  | 2,632 |
The Company’s net sales by geographic segment are as follows:
|  | U.S. |  | Non-U.S. |  | Total |
2015 |  | $ | 1,939 |  | $ | 4,217 |  | $ | 6,156 |
2014 |  |  | 1,852 |  |  | 4,932 |  |  | 6,784 |
2013 |  |  | 1,809 |  |  | 5,158 |  |  | 6,967 |

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