Segment information |
Segment information for 2017, 2016 and 2015 was as follows: | | | | | | | | | | | | | | In millions | | 2017 | | 2016 | | 2015 | Operating revenue: | | | | | | | Automotive OEM | | $ | 3,271 |
| | $ | 2,864 |
| | $ | 2,529 |
| Food Equipment | | 2,123 |
| | 2,110 |
| | 2,096 |
| Test & Measurement and Electronics | | 2,069 |
| | 1,974 |
| | 1,969 |
| Welding | | 1,538 |
| | 1,486 |
| | 1,650 |
| Polymers & Fluids | | 1,724 |
| | 1,691 |
| | 1,712 |
| Construction Products | | 1,672 |
| | 1,609 |
| | 1,587 |
| Specialty Products | | 1,938 |
| | 1,885 |
| | 1,885 |
| Intersegment revenue | | (21 | ) | | (20 | ) | | (23 | ) | Total | | $ | 14,314 |
| | $ | 13,599 |
| | $ | 13,405 |
| Operating income: | | | | | | | Automotive OEM | | $ | 747 |
| | $ | 690 |
| | $ | 613 |
| Food Equipment | | 556 |
| | 537 |
| | 498 |
| Test & Measurement and Electronics | | 464 |
| | 372 |
| | 322 |
| Welding | | 415 |
| | 370 |
| | 415 |
| Polymers & Fluids | | 357 |
| | 343 |
| | 335 |
| Construction Products | | 399 |
| | 361 |
| | 316 |
| Specialty Products | | 527 |
| | 482 |
| | 439 |
| Total Segments | | 3,465 |
| | 3,155 |
| | 2,938 |
| Unallocated | | 29 |
| | (91 | ) | | (71 | ) | Total | | $ | 3,494 |
| | $ | 3,064 |
| | $ | 2,867 |
| Depreciation and amortization and impairment of intangible assets: | Automotive OEM | | $ | 111 |
| | $ | 90 |
| | $ | 76 |
| Food Equipment | | 45 |
| | 45 |
| | 48 |
| Test & Measurement and Electronics | | 92 |
| | 104 |
| | 110 |
| Welding | | 28 |
| | 36 |
| | 37 |
| Polymers & Fluids | | 89 |
| | 92 |
| | 95 |
| Construction Products | | 33 |
| | 34 |
| | 36 |
| Specialty Products | | 64 |
| | 69 |
| | 75 |
| Total | | $ | 462 |
| | $ | 470 |
| | $ | 477 |
| Plant and equipment additions: | | | | | | | Automotive OEM | | $ | 147 |
| | $ | 116 |
| | $ | 106 |
| Food Equipment | | 27 |
| | 31 |
| | 37 |
| Test & Measurement and Electronics | | 23 |
| | 25 |
| | 32 |
| Welding | | 17 |
| | 16 |
| | 23 |
| Polymers & Fluids | | 16 |
| | 18 |
| | 20 |
| Construction Products | | 22 |
| | 20 |
| | 26 |
| Specialty Products | | 45 |
| | 47 |
| | 40 |
| Total | | $ | 297 |
| | $ | 273 |
| | $ | 284 |
| Identifiable assets: | | | | | | | Automotive OEM | | $ | 2,402 |
| | $ | 2,051 |
| | $ | 1,419 |
| Food Equipment | | 1,054 |
| | 1,013 |
| | 1,054 |
| Test & Measurement and Electronics | | 2,449 |
| | 2,362 |
| | 2,448 |
| Welding | | 756 |
| | 701 |
| | 747 |
| Polymers & Fluids | | 2,067 |
| | 2,019 |
| | 2,034 |
| Construction Products | | 1,196 |
| | 1,099 |
| | 1,129 |
| Specialty Products | | 1,721 |
| | 1,599 |
| | 1,659 |
| Total Segments | | 11,645 |
| | 10,844 |
| | 10,490 |
| Corporate | | 5,135 |
| | 4,357 |
| | 5,239 |
| Total | | $ | 16,780 |
| | $ | 15,201 |
| | $ | 15,729 |
|
|
Enterprise-wide Information |
Enterprise-wide information for 2017, 2016 and 2015 was as follows:
| | | | | | | | | | | | | | In millions | | 2017 | | 2016 | | 2015 | Operating Revenue by Geographic Region: | | | | | | | United States | | $ | 6,243 |
| | $ | 6,176 |
| | $ | 6,167 |
| Canada/Mexico | | 996 |
| | 923 |
| | 928 |
| Total North America | | 7,239 |
| | 7,099 |
| | 7,095 |
| Europe, Middle East and Africa | | 4,102 |
| | 3,787 |
| | 3,725 |
| Asia Pacific | | 2,577 |
| | 2,361 |
| | 2,197 |
| South America | | 396 |
| | 352 |
| | 388 |
| Total Operating Revenue | | $ | 14,314 |
| | $ | 13,599 |
| | $ | 13,405 |
|
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