Three months ended March 31,

2025

2024

Americas

Europe

Total

Americas

Europe

Total

Reportable segment net sales

$

873

$

667

$

1,540

$

854

$

709

$

1,563

Other

27

30

Net Sales

1,567

$

1,593

Less:

Cost of goods sold

703

558

712

535

Selling, administrative, engineering and research and development expenses

43

46

51

46

Equity earnings

(19)

(4)

(19)

(6)

Other segment expenses (income)

5

(1)

8

1

Segment operating profit

$

141

$

68

$

209

$

102

$

133

$

235

Items excluded from segment operating profit:

Reconciliation of segment operating profit

Retained corporate costs and other

(30)

(40)

Restructuring, asset impairment and other charges

(82)

Legacy environmental charge

(4)

Gain on sale of miscellaneous assets

6

Interest expense, net

(81)

(78)

Earnings before income taxes

$

18

$

117