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Segment Information
 12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company operates in two product segments: Oral, Personal and Home Care; and Pet Nutrition. 

The operations of the Oral, Personal and Home Care product segment are managed geographically in five reportable operating segments: North America, Latin America, Europe, Asia Pacific and Africa/Eurasia.

The Company evaluates segment performance based on several factors, including Operating profit. The Company uses Operating profit as a measure of operating segment performance because it excludes the impact of Corporate-driven decisions related to interest expense and income taxes.

The accounting policies of the operating segments are generally the same as those described in Note 2, Summary of Significant Accounting Policies. Intercompany sales have been eliminated. Corporate operations include costs related to stock options and restricted stock units, research and development costs, Corporate overhead costs, restructuring and related implementation charges and gains and losses on sales of non-core product lines and assets. The Company reports these items within Corporate operations as they relate to Corporate-based responsibilities and decisions and are not included in the internal measures of segment operating performance used by the Company to measure the underlying performance of the operating segments.

Approximately 70% of the Company’s Net sales are generated from markets outside the U.S., with approximately 45% of the Company’s Net sales coming from emerging markets (which consist of Latin America, Asia (excluding Japan), Africa/Eurasia and Central Europe). Oral, Personal and Home Care sales to Wal-Mart, Inc. and its affiliates represent approximately 12% of the Company’s Net sales in 2020. No other customer represents more than 10% of Net sales.

In 2020, Corporate Operating profit included benefits of $16 resulting from the Global Growth and Efficiency Program and a charge of $6 for acquisition-related costs. In 2019, Corporate Operating profit included charges of $125 resulting from the Global Growth and Efficiency Program, a charge of $24 for acquisition-related costs and a benefit of $30 from a value-added tax matter in Brazil. In 2018, Corporate Operating Profit included charges of $152 resulting from the Global Growth and Efficiency Program.

 202020192018
Net sales  
Oral, Personal and Home Care  
North America(1)
$3,741 $3,424 $3,348 
Latin America3,418 3,606 3,605 
Europe2,747 2,450 2,502 
Asia Pacific2,701 2,707 2,734 
Africa/Eurasia981 981 967 
Total Oral, Personal and Home Care13,588 13,168 13,156 
Pet Nutrition(2)
2,883 2,525 2,388 
Total Net sales$16,471 $15,693 $15,544 
_________
(1)    Net sales in the U.S. for Oral, Personal and Home Care were $3,447, $3,166 and $3,091 in 2020, 2019 and 2018, respectively.
(2)    Net sales in the U.S. for Pet Nutrition were $1,712, $1,441 and $1,304 in 2020, 2019 and 2018, respectively.
202020192018
Operating profit  
Oral, Personal and Home Care  
North America$988 $982 $1,037 
Latin America975 963 995 
Europe652 624 634 
Asia Pacific773 749 777 
Africa/Eurasia206 187 173 
Total Oral, Personal and Home Care3,594 3,505 3,616 
Pet Nutrition793 703 680 
Corporate(502)(654)(602)
Total Operating profit$3,885 $3,554 $3,694 

202020192018
Capital expenditures  
Oral, Personal and Home Care  
North America$65 $43 $53 
Latin America104 90 131 
Europe41 42 39 
Asia Pacific51 40 75 
Africa/Eurasia13 8 11 
Total Oral, Personal and Home Care274 223 309 
Pet Nutrition56 41 35 
Corporate79 71 92 
Total Capital expenditures$409 $335 $436 

202020192018
Depreciation and amortization  
Oral, Personal and Home Care  
North America$101 $94 $88 
Latin America81 84 82 
Europe94 72 70 
Asia Pacific95 100 103 
Africa/Eurasia9 8 8 
Total Oral, Personal and Home Care380 358 351 
Pet Nutrition58 55 53 
Corporate101 106 107 
Total Depreciation and amortization$539 $519 $511 
202020192018
Identifiable assets
Oral, Personal and Home Care   
North America$4,132 $3,576 $3,310 
Latin America2,251 2,384 2,225 
Europe5,386 5,104 2,883 
Asia Pacific2,272 2,155 2,148 
Africa/Eurasia605 590 502 
Total Oral, Personal and Home Care14,646 13,809 11,068 
Pet Nutrition1,210 1,175 1,033 
Corporate(1)
64 50 60 
Total Identifiable assets(2)
$15,920 $15,034 $12,161 
____________
(1)In 2020, Corporate identifiable assets primarily consist of investments in equity securities (95%). In 2019, Corporate identifiable assets primarily consist of derivative instruments (2%) and investments in equity securities (92%). In 2018, Corporate identifiable assets primarily consist of derivative instruments (7%) and investments in equity securities (88%). 
(2)Long-lived assets in the U.S., primarily property, plant and equipment and goodwill and other intangibles represented approximately one-third of total long-lived assets of $10,911 in 2020, one-third of total long-lived assets of $10,192 in 2019, and one-half of total long-lived assets of $8,259 in 2018.