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Segment Information
 12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Segment Information Segment Information
Financial results for the Company's reportable segments have been prepared using a management approach, which is consistent with the basis and manner in which financial information is evaluated by the Company's Chief Operating Decision Maker (CODM) in allocating resources and in assessing performance. The Company had two operating segments, Electronics and Brake Systems. The Asian business of the Brake Systems segment was sold on February 3, 2020 and the majority of the Brake Systems business in North America was sold on August 10, 2020. The remaining Brake Systems business is no longer a reportable segment due to immateriality. Electronics includes all of electronics resources and expertise in passive safety electronics and active safety. The operating results of the operating segments are regularly reviewed by the Company’s CODM, the Chief Executive Officer, to assess the performance of the individual operating segments and make decisions about resources to be allocated to the operating segments.
The accounting policies for the reportable segments are the same as those described in the Note 2, Summary of Significant Accounting Policies to the consolidated financial statements. Brake Systems ceased to be a reportable segment upon disposal in Q3 2020 and historical information from prior to the disposal date is reported here.
Key financial measures reviewed by the Company’s CODM are as follows:
(Dollars in millions)Year Ended December 31
Loss Before Income Taxes202020192018
Electronics$(268)$(324)$(116)
Brake Systems(37)(64)(30)
Segment operating loss(305)(388)(146)
Corporate and other(62)(72)(51)
Gain on divestiture and assets impairment charge, net(91)— — 
Interest and other non-operating items, net(15)9 7 
Loss from equity method investment(39)(70)(63)
Loss before income taxes$(512)$(521)$(253)

(Dollars in millions)Year Ended December 31
Capital Expenditures202020192018
Electronics$79 $153 $132 
Brake Systems12 60 56 
Total capital expenditures$91 $213 $188 

(Dollars in millions)Year Ended December 31
Depreciation and Amortization 202020192018
Electronics$101 $83 $72 
Brake Systems2 32 38 
Total depreciation and amortization$103 $115 $111 

(Dollars in millions)As of December 31
Segment Assets20202019
Electronics$2,391 $2,495 
Brake Systems— 526 
Intersegment assets(103)(278)
Total assets$2,288 $2,743 
The Company’s customers consist of all major European, U.S. and Asian automobile manufacturers. Sales to individual customers representing 10% or more of net sales were:
In 2020: Customer A 20%, Customer B 12%, Customer C 11% and Customer D 11%
In 2019: Customer A 23%, Customer B 16%, Customer C 11% and Customer D 10%
In 2018: Customer A 21%, Customer B 17% and Customer C 11%
(Dollars in millions)As of December 31
Long-lived Assets20202019
Asia$125 $133 
Americas294 457 
Europe625 504 
Total$1,044 $1,094 
Long-lived assets in the U.S. amounted to $215 million and $383 million for 2020 and 2019, respectively. For 2020 and 2019 $128 million and $115 million, respectively, of the long-lived assets in the U.S. refer to intangible assets, principally from acquisition goodwill.