XML 49 R39.htm IDEA: XBRL DOCUMENT v3.22.0.1

Segment Information (Tables)

3 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Schedule of Financial Information for Reportable Segments

						Three Months Ended December 31,
(in millions)						2021						2020
Net Sales
Americas						$	1,498					$	1,737
EMEA						1,230						1,604
Asia						784						554
Eliminations						(32)						(47)
Total net sales						$	3,480					$	3,848

						Three Months Ended December 31,
(in millions)						2021						2020
Adjusted EBITDA
Americas						$	9					$	132
EMEA						43						114
Asia						114						151
Corporate-related costs (1)						(20)						(19)
Restructuring and impairment costs (2)						(4)						(7)
Purchase accounting amortization (3)						(14)						(11)
Restructuring related charges (4)						(1)						(4)
Depreciation						(75)						(70)
Stock based compensation						(10)						(13)
Other items (5)						(2)						9
Earnings (loss) before interest and income taxes						40						282
Net financing charges						(50)						(59)
Other pension income (expense)						1						2
Income (loss) before income taxes						$	(9)					$	225

Notes:

(1) Corporate-related costs not allocated to the segments include executive office, communications, corporate development, legal and corporate finance.

(2) Reflects qualified restructuring charges for costs that are directly attributable to restructuring activities and meet the definition of restructuring under ASC 420 and non-recurring impairment charges. During the three months ended December 31, 2021 and 2020, a held-for-sale impairment charge of $7 million and $6 million, respectively, was recorded in EMEA.

(3) Reflects amortization of intangible assets including those related to partially owned affiliates recorded within equity income.

(4) Reflects restructuring related charges for costs that are directly attributable to restructuring activities, but do not meet the definition of restructuring under ASC 420.

(5) The three months ended December 31, 2021 reflects $2 million of transaction costs. The three months ended December 31, 2020 reflects a one-time gain of $8 million associated with retrospective recoveries of Brazil indirect tax credits resulting from a favorable court ruling, a $5 million gain on previously held interest at YFAS in an affiliate, and $4 million of transaction costs.

Schedule of Reconciliation of Other Significant Reconciling Items from Segments to Consolidated

Geographic Information

Revenue by geographic area is as follows:

Net Sales
						Three Months Ended December 31,
(in millions)						2021						2020
Americas
United States						$	1,331					$	1,548
Mexico						541						641
Other Americas						91						92
Regional elimination						(465)						(544)
						1,498						1,737
EMEA
Germany						233						314
Czech Republic						267						338
Other EMEA						1,039						1,385
Regional elimination						(309)						(433)
						1,230						1,604
Asia
Thailand						135						105
China						414						189
Japan						35						89
Other Asia						206						177
Regional elimination						(6)						(6)
						784						554
Inter-segment elimination						(32)						(47)
Total						$	3,480					$	3,848

X

- Definition

Tabular disclosure of each significant reconciling item, other than profit (loss), revenues, or assets, in the reconciliation of totals of such items in reportable segments to the entity's corresponding consolidated amount.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

+ Details

Name:	us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration