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SEGMENT AND GEOGRAPHIC INFORMATION (Tables)
6 Months Ended
Jun. 30, 2020
Disclosure of operating segments [abstract]  
Schedule of segment reporting The following table summarizes certain financial data relating to ArcelorMittal’s operations in its different reportable segments:
NAFTABrazilEuropeACISMiningOthers*EliminationTotal
Six months ended June 30, 2020
Sales to external customers6,973  2,375  13,428  2,382  654   —  25,820  
Intersegment sales**99  409  26  248  1,400   (2,188) —  
Operating (loss) income (447) 267  (655) (130) 450  (133) 42  (606) 
Depreciation and amortization262  120  702  161  238  27  —  1,510  
Impairment—  —  92  —  —  —  —  92  
Capital expenditures312  96  491  168  167  19  (2) 1,251  
Six months ended June 30, 2019
Sales to external customers10,116  3,516  20,798  3,343  662  32  —  38,467  
Intersegment sales**24  766  92  208  1,888  178  (3,156) —  
Operating (loss) income (323) 473  (290) 178  770  (112) (85) 611  
Depreciation and amortization271  149  622  166  220  71  —  1,499  
Impairment600  —  497  —  —  —  —  1,097  
Capital expenditures326  164  690  252  240  144  —  1,816  
*Others include all other operational and non-operational items which are not segmented, such as corporate and shared services, financial activities, and shipping and logistics.
**Transactions between segments are reported on the same basis of accounting as transactions with third parties except for certain mining products shipped internally and reported on a cost plus basis.
Reconciliation of operating income to net income
The reconciliation from operating income to net income is as follows:
Six months ended June 30,
20202019
Operating (loss) income(606) 611  
Income from investments in associates, joint ventures and other investments127  302  
Financing costs - net(642) (719) 
(Loss) Income before taxes(1,121) 194  
Income tax expense(524) (149) 
Net (loss) income (including non-controlling interests)(1,645) 45  
Schedule of geographical areas
Sales (by destination)
Six months ended June 30,
20202019
Americas
United States5,466  8,472  
Brazil1,824  2,580  
Canada1,207  1,595  
Mexico778  1,056  
Argentina260  465  
Others Americas488  601  
Total Americas10,023  14,769  
Europe
Germany2,008  3,254  
France1,447  2,321  
Poland1,550  2,108  
Spain1,343  2,139  
Italy1,495  2,368  
Turkey542  770  
Czech Republic371  755  
United Kingdom460  784  
Belgium693  722  
Russia377  487  
Netherlands447  591  
Romania154  408  
Others Europe1,690  2,785  
Total Europe12,577  19,492  
Asia & Africa
South Africa651  1,224  
Morocco194  296  
Egypt80  184  
Rest of Africa340  694  
China763  368  
Kazakhstan195  226  
South Korea148  195  
India53  54  
Rest of Asia796  965  
Total Asia & Africa3,220  4,206  
Total25,820  38,467  
Schedule of products and services
The table below presents sales to external customers by product type. In addition to steel produced by the Company, amounts include material purchased for additional transformation and sold through distribution services. Others include mainly non-steel sales, manufactured and specialty steel products, and services.
Sales (by products)
Six months ended June 30,
20202019
Flat products15,634  24,062  
Long products5,291  7,384  
Tubular products650  1,189  
Mining products654  662  
Others3,591  5,170  
Total25,820  38,467  

Disaggregated revenue
The tables below summarize the disaggregated revenue recognized from contracts with customers for the six months ended June 30, 2020 and 2019, respectively:
Six months ended June 30, 2020NAFTABrazilEuropeACISMiningOthersTotal
Steel sales6,669  2,221  12,212  2,085  —  —  23,187  
Non-steel sales 1
43  24  270  121  643  —  1,101  
By-product sales 2
43  35  276  45  —  —  399  
Other sales 3
218  95  670  131  11   1,133  
Total6,973  2,375  13,428  2,382  654   25,820  
Six months ended June 30, 2019NAFTABrazilEuropeACISMiningOthersTotal
Steel sales9,712  3,283  18,917  3,008  —  —  34,920  
Non-steel sales 1
63  24  427  101  645  —  1,260  
By-product sales 2
59  42  454  68  —  —  623  
Other sales 3
282  167  1,000  166  17  32  1,664  
Total10,116  3,516  20,798  3,343  662  32  38,467  
1.Non-steel sales mainly relate to iron ore, coal, scrap and electricity;
2.By-products sales mainly relate to slag, waste and coke by-products;
3.Other sales are mainly comprised of shipping and other services.