Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2018

Revenue from External Customers by Geographic Areas

Net sales by segment and region for the three and nine months ended September 30, 2018 and 2017 were as follows:



($ in millions)	Performance Coatings				Industrial Coatings				Total Net Sales
	Three Months Ended September 30				Three Months Ended September 30				Three Months Ended September 30
	2018		2017		2018		2017		2018		2017
United States and Canada		$1,028		$1,063		$606		$542		$1,634		$1,605
EMEA	741		735		397		398		1,138		1,133
Asia-Pacific	272		250		380		398		652		648
Latin America	248		242		145		148		393		390
Total		$2,289		$2,290		$1,528		$1,486		$3,817		$3,776

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The effect of the retrospective adoption on the condensed consolidated statement of income related to the net periodic pension and other postretirement benefit costs was as follows:



	Three Months Ended September 30, 2017
($ in millions)	As Previously Reported⁽¹⁾		Reclassifications			As Revised
Cost of sales, exclusive of depreciation and amortization		$2,101		$3			$2,104
Selling, general and administrative	902		(8		)	894
Research and development, net	114		—			114
Other charges	13		5			18
Income from continuing operations before income taxes	523		—			523



	Nine Months Ended September 30, 2017
($ in millions)	As Previously Reported ⁽¹⁾		Reclassifications			As Revised
Cost of sales, exclusive of depreciation and amortization		$6,088		$1			$6,089
Selling, general and administrative	2,656		(11		)	2,645
Research and development, net	337		(2		)	335
Other charges	39		12			51
Income from continuing operations before income taxes	1,628		—			1,628

(1) Previously reported amounts reflect the impact of the restatement as described in Note 2, "Restatement of Previously Reported Condensed Consolidated Quarterly Financial Statements" and in the 2017 Form 10-K/A

The following table summarizes the impact of the adoption of this ASU on the condensed consolidated statement of income for the three and nine months ended September 30, 2018:



	Three Months Ended September 30, 2018
($ in millions)	Without adoption			Adjustments			As Reported
Net sales		$3,825			($8	)		$3,817
Cost of sales, exclusive of depreciation and amortization	2,233			20			2,253
Selling, general and administrative	897			(30		)	867
Other income	(26		)	2			(24		)
Income from continuing operations before income taxes	451			—			451