Summary of Significant Accounting Standards and Policies (Tables)

9 Months Ended

Sep. 30, 2021

Summary of Significant Accounting Policies

Schedule of goodwill

	North		South		Asia-
(in millions)	America		America		Pacific		EMEA		Total
Goodwill before impairment charges	$	622	$	50	$	316	$	69	$	1,057
Accumulated impairment charges		(1)		(33)		(121)		—		(155)
Balance at January 1, 2021		621		17		195		69		902
Acquisitions		1		—		3		20		24
Currency translation		—		(1)		(6)		(3)		(10)
Balance at September 30, 2021	$	622	$	16	$	192	$	86	$	916

Schedule of indefinite-lived intangible assets

(in millions)	As of September 30, 2021		As of December 31, 2020
Trademarks/tradenames (indefinite-lived)	$	143	$	143