Segment Information (Tables)

3 Months Ended

Mar. 31, 2021

Segment Information

Schedule of segment reporting of net sales, operating income and total assets

	Three Months Ended
	March 31,
(in millions)	2021		2020
Net sales to unaffiliated customers:
North America	$	945	$	963
South America		273		237
Asia-Pacific		235		189
EMEA		161		154
Total net sales	$	1,614	$	1,543

Presented below is the Company’s operating income by reportable segment for the three months ended March 31, 2021, and 2020.

	Three Months Ended
	March 31,
(in millions)	2021		2020
Operating income:
North America	$	134	$	125
South America		40		26
Asia-Pacific		25		20
EMEA		31		27
Corporate		(29)		(31)
Subtotal		201		167
Acquisition/integration costs		(1)		—
Restructuring/impairment charges		(10)		(14)
Impairment charges related to assets classified as held for sale		(360)		—
Total operating income	$	(170)	$	153

Presented below are the Company’s total assets by reportable segment as of March 31, 2021, and December 31, 2020.

	As of		As of
(in millions)	March 31, 2021		December 31, 2020
Assets:
North America (a)	$	4,240	$	4,231
South America		751		818
Asia-Pacific		1,257		1,255
EMEA		555		554
Total assets	$	6,803	$	6,858

(a) For purposes of presentation, North America includes Corporate assets.