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Segment Information
 6 Months Ended
Jun. 30, 2022
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 to the Company’s Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. 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.

Net sales by segment were as follows:
Three Months EndedSix Months Ended
 June 30,June 30,
 2022202120222021
Net sales  
Oral, Personal and Home Care  
North America$965 $912 $1,891 $1,835 
Latin America1,019 907 1,973 1,814 
Europe639 709 1,293 1,426 
Asia Pacific696 673 1,422 1,412 
Africa/Eurasia256 265 523 537 
Total Oral, Personal and Home Care3,575 3,466 7,102 7,024 
Pet Nutrition909 794 1,781 1,580 
Total Net sales$4,484 $4,260 $8,883 $8,604 
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).
The Company’s Net sales of Oral, Personal and Home Care and Pet Nutrition products accounted for the following percentages of the Company’s Net sales:
Three Months EndedSix Months Ended
 June 30,June 30,
 2022202120222021
Net sales
Oral Care44 %43 %44 %44 %
Personal Care19 %20 %19 %20 %
Home Care17 %18 %17 %18 %
Pet Nutrition20 %19 %20 %18 %
Total Net sales100 %100 %100 %100 %
Operating profit by segment was as follows:
Three Months EndedSix Months Ended
 June 30,June 30,
 2022202120222021
Operating profit  
Oral, Personal and Home Care  
North America$196 $200 $359 $402 
Latin America264 254 529 526 
Europe133 166 283 346 
Asia Pacific164 200 370 424 
Africa/Eurasia50 55 94 109 
Total Oral, Personal and Home Care807 875 1,635 1,807 
Pet Nutrition212 212 416 427 
Corporate(135)(91)(307)(234)
Total Operating profit$884 $996 $1,744 $2,000 
Corporate Operating profit (loss) for the three and six months ended June 30, 2022 included charges resulting from the 2022 Global Productivity Initiative of $13 and $76, respectively. Corporate Operating profit (loss) for both the three and six months ended June 30, 2021 included a benefit related to a value-added tax matter in Brazil of $26.