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SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Schedule of Information by Segment and Geographic Area
Information by segment and geographic area was as follows, in millions:
Year Ended December 31,At December 31,
 
Net Sales
(A)(B)(C)(D)
Operating Profit
(E)
Assets
(F)
 202320222021202320222021202320222021
Our operations by segment were:        
Plumbing Products$4,842 $5,252 $5,135 $861 $819 $929 $3,140 $3,096 $3,195 
Decorative Architectural Products3,125 3,428 3,240 578 565 581 1,696 1,780 1,781 
Total$7,967 $8,680 $8,375 $1,439 $1,384 $1,510 $4,837 $4,876 $4,976 
Our operations by geographic area were:
North America$6,384 $6,978 $6,624 $1,210 $1,116 $1,214 $3,538 $3,552 $3,510 
International, particularly Europe1,583 1,702 1,751 229 268 296 1,299 1,324 1,466 
Total, as above$7,967 $8,680 $8,375 1,439 1,384 1,510 4,837 4,876 4,976 
General corporate expense, net (E)
(91)(87)(105)
Operating profit1,348 1,297 1,405 
Other income (expense), net(110)(104)(717)
Income before income taxes$1,238 $1,193 $688 
Corporate assets527 311 599 
Total assets   $5,363 $5,187 $5,575 

Year Ended December 31,
 
Property Additions (G)
Depreciation and Amortization
 202320222021202320222021
Our operations by segment were:
Plumbing Products$161 $154 $94 $107 $103 $101 
Decorative Architectural Products76 64 31 35 34 37 
237 218 125 142 137 138 
Unallocated amounts, principally related to corporate assets13 
Total$243 $224 $128 $149 $145 $151 
(A)Included in net sales were export sales from the U.S. of $253 million, $337 million and $322 million in 2023, 2022 and 2021, respectively.
(B)Excluded from net sales were intra-company sales between segments of less than one percent in 2023, 2022 and 2021.
(C)Included in net sales were sales to one customer of $3,070 million, $3,298 million and $3,037 million in 2023, 2022 and 2021, respectively. Such net sales were included in each of our segments.
(D)Net sales from our operations in the U.S. were $6,140 million, $6,756 million and $6,387 million in 2023, 2022 and 2021, respectively.
(E)General corporate expense, net included those expenses not specifically attributable to our segments.
(F)Long-lived assets of our operations in the U.S. and Europe were $1,459 million and $677 million, $1,372 million and $548 million, and $1,332 million and $546 million at December 31, 2023, 2022 and 2021, respectively.
(G)Property additions exclude amounts paid for long-lived assets as part of acquisitions.