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Segment Information (Tables)
6 Months Ended
Jun. 30, 2016
Segment Information  
Net sales for the Company's reportable segments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Three months ended  June 30,

    

Six months ended June 30,

 

 

 

2016

    

2015

    

2016

    

2015

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

Europe

 

$

646

 

$

637

 

$

1,209

 

$

1,204

 

North America

 

 

599

 

 

530

 

 

1,131

 

 

1,000

 

Latin America

 

 

345

 

 

207

 

 

657

 

 

412

 

Asia Pacific

 

 

158

 

 

153

 

 

317

 

 

316

 

Reportable segment totals

 

 

1,748

 

 

1,527

 

 

3,314

 

 

2,932

 

Other

 

 

12

 

 

16

 

 

34

 

 

32

 

Net sales

 

$

1,760

 

$

1,543

 

$

3,348

 

$

2,964

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended  June 30,

 

Six months ended June 30,

 

 

    

2016

    

2015

    

2016

    

2015

 

Segment operating profit:

 

 

 

 

 

 

 

 

 

 

 

 

 

Europe

 

$

73

 

$

64

 

$

128

 

$

113

 

North America

 

 

92

 

 

82

 

 

168

 

 

153

 

Latin America

 

 

57

 

 

27

 

 

120

 

 

57

 

Asia Pacific

 

 

11

 

 

14

 

 

28

 

 

32

 

Reportable segment totals

 

 

233

 

 

187

 

 

444

 

 

355

 

Items excluded from segment operating profit:

 

 

 

 

 

 

 

 

 

 

 

 

 

Retained corporate costs and other

 

 

(25)

 

 

(18)

 

 

(57)

 

 

(39)

 

Restructuring, asset impairment and other

 

 

 

 

 

(27)

 

 

(12)

 

 

(27)

 

Strategic transaction costs

 

 

 

 

 

(6)

 

 

 

 

 

(6)

 

Interest expense, net

 

 

(67)

 

 

(74)

 

 

(133)

 

 

(121)

 

Earnings from continuing operations before income taxes

 

$

141

 

$

62

 

$

242

 

$

162

 

 

Total assets for the Company's reportable segments

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30,

 

December 31,

 

June 30,

 

 

    

2016

    

2015

    

2015

 

Total assets:

 

 

 

 

 

 

 

 

 

 

Europe

 

$

2,977

 

$

2,902

 

$

3,117

 

North America

 

 

2,562

 

 

2,500

 

 

2,042

 

Latin America

 

 

2,798

 

 

2,807

 

 

1,094

 

Asia Pacific

 

 

981

 

 

917

 

 

921

 

 

 

 

 

 

 

 

 

 

 

 

Reportable segment totals

 

 

9,318

 

 

9,126

 

 

7,174

 

Other

 

 

349

 

 

295

 

 

444

 

Consolidated totals

 

$

9,667

 

$

9,421

 

$

7,618