1. Segment Information

The Company has three reportable segments and three operating segments based on its geographic locations: Americas, Europe and Asia Pacific. These three 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 certain 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 is a non-GAAP financial measure that 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 net sales and 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 for the three months ended March 31, 2019 and 2018 regarding the Company’s reportable segments is as follows:


	Three months ended March 31,
	2019		2018
Net sales:
Americas	$	881	$	908
Europe		596		643
Asia Pacific		151		173
Reportable segment totals		1,628		1,724
Other		10		12
Net sales	$	1,638	$	1,736


	Three months ended March 31,
	2019		2018
Segment operating profit:
Americas	$	113	$	147
Europe		79		72
Asia Pacific		8		5
Reportable segment totals		200		224
Items excluded from segment operating profit:
Retained corporate costs and other		(24)		(27)
Interest expense, net		(65)		(62)
Earnings from continuing operations before income taxes	$	111	$	135

Financial information regarding the Company’s total assets is as follows:


	March 31,		December 31,		March 31,
	2019		2018		2018
Total assets:
Americas	$	5,621	$	5,497	$	5,637
Europe		3,273		3,036		3,387
Asia Pacific		1,012		918		1,056

Reportable segment totals		9,906		9,451		10,080
Other		246		248		201
Consolidated totals	$	10,152	$	9,699	$	10,281