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SEGMENT INFORMATION
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Our reportable segments are as follows:
Plumbing Products –  principally includes faucets, plumbing system components and valves, showerheads and handheld showers, tubs and shower bases and enclosures, toilets, spas, exercise pools and water handling systems.
Decorative Architectural Products –  principally includes paints and other coating products, lighting fixtures and LED lighting systems, and cabinet and other hardware.
The above products are sold to the residential repair and remodel and to a lesser extent the new home construction markets through home center retailers, online retailers, mass merchandisers, hardware stores, homebuilders, distributors and direct to the customer.
Our operations are principally located in North America and Europe. Our country of domicile is the United States of America.
Other than those assets specifically identified within a segment, corporate assets consist primarily of property and equipment, right-of-use assets, deferred tax assets, cash and cash investments and other investments.
Our segments are based upon similarities in products and represent the aggregation of operating units, for which financial information is regularly evaluated by our corporate operating executive in determining resource allocation and assessing performance, and is periodically reviewed by the Board of Directors. Accounting policies for the segments are the same as those for us. We primarily evaluate performance based upon operating profit and, other than general corporate expense, allocate specific corporate overhead to each segment.
As described in Note B, our previously reported Windows and Other Specialty Products as well as Cabinetry Products segments have been classified as discontinued operations, which required retrospective application to the balance sheets and statements of operations, as well as, additional disclosures of certain cash flow financial information for all periods presented. Amounts for shared general and administrative operating expenses that were allocated to these businesses in prior periods have been re-allocated to general corporate expense.

P. SEGMENT INFORMATION (Continued)
Divestitures not included in discontinued operations consists of our previously owned Arrow and Moores businesses which were disposed of in 2017, but were not accounted for as discontinued operations.
Information by segment and geographic area was as follows, in millions:
 
Net Sales
(1)(2)(3)(4)
 
Operating Profit
(5)
 
Assets at
December 31 (6)
 
2019
 
2018
 
2017
 
2019
 
2018
 
2017
 
2019
 
2018
 
2017
Our operations by segment were:
 
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Plumbing Products
$
3,984

 
$
3,998

 
$
3,732

 
$
708

 
$
715

 
$
702

 
$
2,375

 
$
2,253

 
$
2,298

Decorative Architectural Products
2,723

 
2,656

 
2,206

 
480

 
456

 
438

 
1,526

 
1,534

 
965

Total
$
6,707

 
$
6,654

 
$
5,938

 
$
1,188

 
$
1,171

 
$
1,140

 
$
3,901

 
$
3,787

 
$
3,263

Our operations by geographic area were:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

North America
$
5,328

 
$
5,208

 
$
4,568

 
$
987

 
$
954

 
$
924

 
$
2,785

 
$
2,729

 
$
2,131

International, principally Europe
1,379

 
1,446

 
1,370

 
201

 
217

 
216

 
1,116

 
1,058

 
1,132

Total, as above
6,707

 
6,654

 
5,938

 
1,188

 
1,171

 
1,140

 
3,901

 
3,787

 
3,263

Divestitures not included in discontinued operations

 

 
76

 

 

 
(6
)
 
 
 
 
 
 
Net sales, as reported
$
6,707

 
$
6,654

 
$
6,014

 
 
 
 
 
 
 
 
 
 
 
 
General corporate expense, net (5)
 
 
 
 
 
 
(100
)
 
(94
)
 
(105
)
 
 

 
 

 
 

Operating profit, as reported
 
 
 
 
 
 
1,088

 
1,077

 
1,029

 
 

 
 

 
 

Other income (expense), net
 
 
 
 
 
 
(174
)
 
(170
)
 
(311
)
 
 

 
 

 
 

Income from continuing operations before income taxes
 
 
 
 
 
 
$
914

 
$
907

 
$
718

 
 

 
 

 
 

Corporate assets
 
 
 
 
 
 
 

 
 

 
 

 
598

 
411

 
1,069

Assets held for sale
 
 
 
 
 
 
 
 
 
 
 
 
528

 
1,195

 
1,202

Total assets
 
 
 
 
 
 
 

 
 

 
 

 
$
5,027

 
$
5,393

 
$
5,534



























P. SEGMENT INFORMATION (Concluded)
 
Property Additions (7)
 
Depreciation and
Amortization
 
2019
 
2018
 
2017
 
2019
 
2018
 
2017
Our operations by segment were:
 
 
 
 
 
 
 
 
 
 
 
Plumbing Products
$
108

 
$
120

 
$
115

 
$
80

 
$
77

 
$
63

Decorative Architectural Products
18

 
54

 
19

 
41

 
35

 
16

 
126

 
174

 
134

 
121

 
112

 
79

Unallocated amounts, principally related to corporate assets
2

 
7

 
12

 
9

 
8

 
13

Divestitures not included in discontinued operations

 

 
1

 

 

 
1

Discontinued operations
34

 
38

 
26

 
29

 
36

 
34

Total
$
162

 
$
219

 
$
173

 
$
159

 
$
156

 
$
127

(1)
Included in net sales were export sales from the U.S. of $244 million, $237 million and $207 million in 2019, 2018 and 2017, respectively.
(2)
Excluded from net sales were intra-company sales between segments of less than one percent in 2019, 2018 and 2017.
(3)
Included in net sales were sales to one customer of $2,481 million, $2,457 million and $2,341 million in 2019, 2018 and 2017, respectively. Such net sales were included in each of our segments.
(4)
Net sales from our operations in the U.S. were $5,127 million, $5,034 million and $4,352 million in 2019, 2018 and 2017, respectively.
(5)
General corporate expense, net included those expenses not specifically attributable to our segments.
(6)
Long-lived assets of our operations in the U.S. and Europe were $1,198 million and $470 million, $1,119 million and $446 million, and $777 million and $431 million at December 31, 2019, 2018 and 2017, respectively.
(7)
Property additions exclude amounts paid for long-lived assets as part of acquisitions. Refer to Note C for further information.