Segment Information (Tables)

6 Months Ended

Jun. 30, 2012

Segment Information

Impact of changes in accounting method on Segment Operating Profit

There is no impact of the change in accounting method for inventory on Segment Operating Profit for the three months ended June 30, 2011. The impact of the change in pension expense allocation is as follows:

	As			Change in
	Originally			Pension			As
	Reported			Allocation			Adjusted
Segment Operating Profit:
Europe	$	107		$	5		$	112
North America	56			(6		)	50
South America	53						53
Asia Pacific	9						9
Reportable segment totals	225			(1		)	224
Retained corporate costs and other	(14		)	1			(13		)

The impact of the changes in pension expense allocation and accounting method for inventory on Segment Operating Profit for the six months ended June 30, 2011 is as follows:

							Change in
	As			Change in			Accounting
	Originally			Pension			Method for		As
	Reported			Allocation			Inventory		Adjusted
Segment Operating Profit:
Europe	$	178		$	10		$	—	$	188
North America	115			(12		)	10		113
South America	98								98
Asia Pacific	33								33
Reportable segment totals	424			(2		)	10		432
Retained corporate costs and other	(27		)	2					(25		)

Net sales for the Company's reportable segments

Financial information for the three-month periods ended June 30, 2012 and 2011 regarding the Company’s reportable segments is as follows: 

	2012		2011
Net sales:
Europe	$	731	$		887
North America	516		506
South America	282		302
Asia Pacific	230		246
Reportable segment totals	1,759		1,941
Other	7		18
Net sales	$	1,766	$	1,959

Financial information for the six-month periods ended June 30, 2012 and 2011 regarding the Company’s reportable segments is as follows:

	2012		2011
Net sales:
Europe	$	1,436	$	1,585
North America	998		969
South America	559		571
Asia Pacific	487		508
Reportable segment totals	3,480		3,633
Other	25		45
Net sales	$	3,505	$	3,678

Segment operating profit (loss) for the Company's reportable segments

Financial information for the three-month periods ended June 30, 2012 and 2011 regarding the Company’s reportable segments is as follows: 

	2012			2011
Segment Operating Profit:
Europe	$	107		$	112
North America	96			50
South America	47			53
Asia Pacific	16			9
Reportable segment totals	266			224
Items excluded from Segment Operating Profit:
Retained corporate costs and other	(27		)	(13		)
Restructuring				(4		)
Interest income	2			3
Interest expense	(62		)	(100		)
Earnings from continuing operations before income taxes	$	179		$	110

Financial information for the six-month periods ended June 30, 2012 and 2011 regarding the Company’s reportable segments is as follows:

	2012			2011
Segment Operating Profit:
Europe	$	215		$	188
North America	174			113
South America	85			98
Asia Pacific	52			33
Reportable segment totals	526			432
Items excluded from Segment Operating Profit:
Retained corporate costs and other	(56		)	(25		)
Restructuring				(12		)
Interest income	5			6
Interest expense	(126		)	(176		)
Earnings from continuing operations before income taxes	$	349		$	225

Total assets for the Company's reportable segments

	June 30,		December 31,		June 30,
	2012		2011		2011
Total assets:
Europe	$	3,544	$	3,588	$	3,954
North America	2,055		2,020		2,042
South America	1,583		1,682		1,802
Asia Pacific	1,318		1,379		2,109
Reportable segment totals	8,500		8,669		9,907
Other	334		306		286
Consolidated totals	$	8,834	$	8,975	$	10,193