XML 54 R35.htm IDEA: XBRL DOCUMENT v3.22.0.1
Segment Information (Tables)
12 Months Ended
Dec. 31, 2021
Segment Information  
Net sales for the Company's reportable segments

    

2021

    

2020

    

2019

Net sales:

Americas

$

3,557

$

3,322

$

3,622

Europe

2,687

2,364

2,387

Asia Pacific

 

 

281

 

534

Reportable segment totals

 

6,244

 

5,967

 

6,543

Other

 

113

 

124

 

148

Net sales

$

6,357

$

6,091

$

6,691

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

    

2021

    

2020

    

2019

 

Segment operating profit:

Americas

$

456

$

395

$

495

Europe

371

264

317

Asia Pacific

 

 

19

 

44

Reportable segment totals

 

827

 

678

 

856

Items excluded from segment operating profit:

Retained corporate costs and other charges

 

(171)

 

(145)

 

(112)

Gain on sale of miscellaneous assets

84

Brazil indirect tax credit

71

Gain on sale of ANZ businesses

275

Charge for goodwill impairment

(595)

Charge for asbestos-related costs

(35)

Pension settlement charges

(74)

(26)

(26)

Restructuring, asset impairment and other

 

(35)

 

(142)

 

(114)

Charge for deconsolidation of Paddock

(14)

Charge related to Paddock support agreement liability

(154)

Strategic transaction and corp. modernization costs

(8)

(31)

Gain on sale of equity investment

107

Interest expense, net

 

(216)

 

(265)

 

(311)

Earnings (loss) from continuing operations before income taxes

$

332

$

353

$

(261)

Assets, equity investments, equity earnings, capital expenditures and depreciation and amortization expense for the Company's reportable segments

    

    

    

    

Reportable

    

Retained

    

Consoli-

 

Asia

Segment

Corp Costs

dated

 

Americas

Europe

Pacific

Totals

and Other

Totals

 

Total assets:

2021

$

4,853

$

3,513

$

$

8,366

$

466

$

8,832

2020

4,927

3,507

8,434

448

8,882

2019

5,264

3,127

694

9,085

525

9,610

Equity investments:

2021

$

458

$

121

$

$

579

$

64

$

643

2020

492

120

612

61

673

2019

491

101

592

102

694

Equity earnings (losses):

2021

$

58

$

28

$

$

86

$

4

$

90

2020

51

23

74

(37)

37

2019

38

18

56

22

78

Capital expenditures:

2021

$

211

$

180

$

$

391

$

7

$

398

2020

146

138

20

304

7

311

2019

178

177

39

394

32

426

Depreciation and amortization expense:

2021

$

269

$

154

$

$

423

$

26

$

449

2020

270

146

28

444

24

468

2019

292

136

45

473

26

499

Schedule of segment information by geographic segment

The Company’s tangible long-lived assets, including property, plant and equipment and operating lease right-of-use assets, by geographic region are as follows:

    

U.S.

    

Non-U.S.

    

Total

 

2021

$

740

$

2,193

$

2,933

2020

 

751

2,294

3,045

2019

 

778

2,698

3,476

The Company’s net sales by geographic region are as follows:

    

U.S.

    

Non-U.S.

    

Total

 

2021

$

1,806

$

4,551

$

6,357

2020

 

1,791

4,300

6,091

2019

 

1,914

4,777

6,691