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Segments (Tables)
6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Revenue By Segment Table
Information about the Company’s operations by segment for the periods indicated was as follows:
Revenue
Total Revenue
 
Intersegment
 
External Revenue
Three Months Ended June 30,
2015
 
2014
 
2015
 
2014
 
2015
 
2014
 
(in millions)
US SBU
$
831

 
$
893

 
$

 
$

 
$
831

 
$
893

Andes SBU
630

 
724

 
(2
)
 
(1
)
 
628

 
723

Brazil SBU
1,315

 
1,533

 

 

 
1,315

 
1,533

MCAC SBU
601

 
692

 
(1
)
 

 
600

 
692

Europe SBU
299

 
305

 
(3
)
 

 
296

 
305

Asia SBU
187

 
163

 

 

 
187

 
163

Corporate and Other
6

 
5

 
(5
)
 
(3
)
 
1

 
2

Total Revenue
$
3,869

 
$
4,315

 
$
(11
)
 
$
(4
)
 
$
3,858

 
$
4,311


Revenue
Total Revenue
 
Intersegment
 
External Revenue
Six Months Ended June 30,
2015
 
2014
 
2015
 
2014
 
2015
 
2014
 
(in millions)
US SBU
$
1,828

 
$
1,894

 
$

 
$

 
$
1,828

 
$
1,894

Andes SBU
1,242

 
1,344

 
(4
)
 
(1
)
 
1,238

 
1,343

Brazil SBU
2,645

 
2,978

 

 

 
2,645

 
2,978

MCAC SBU
1,199

 
1,330

 
(2
)
 
(1
)
 
1,197

 
1,329

Europe SBU
629

 
696

 
(3
)
 

 
626

 
696

Asia SBU
306

 
331

 

 

 
306

 
331

Corporate and Other
10

 
7

 
(8
)
 
(5
)
 
2

 
2

Total Revenue
$
7,859

 
$
8,580

 
$
(17
)
 
$
(7
)
 
$
7,842

 
$
8,573

Adjusted Pre-Tax Contribution by Segment Table
Adjusted PTC (1)
Total Adjusted PTC
 
Intersegment
 
External Adjusted PTC
Three Months Ended June 30,
2015
 
2014
 
2015
 
2014
 
2015
 
2014
 
(in millions)
US SBU
$
56

 
$
80

 
$
3

 
$
3

 
$
59

 
$
83

Andes SBU
81

 
104

 
5

 
1

 
86

 
105

Brazil SBU
41

 
115

 

 

 
41

 
115

MCAC SBU
106

 
95

 
5

 
10

 
111

 
105

Europe SBU
41

 
73

 
(1
)
 
3

 
40

 
76

Asia SBU
30

 
23

 
1

 

 
31

 
23

Corporate and Other
(104
)
 
(150
)
 
(13
)
 
(17
)
 
(117
)
 
(167
)
Total Adjusted PTC
$
251

 
$
340

 
$

 
$

 
$
251

 
$
340

Reconciliation to Income from Continuing Operations before Taxes and Equity Earnings of Affiliates:
Non-GAAP Adjustments:
 
 
 
 
Unrealized derivative gains
 
2

 
22

Unrealized foreign currency gains (losses)
 
3

 
(7
)
Disposition/acquisition gains (losses)
 
4

 
(2
)
Impairment losses
 
(30
)
 
(99
)
Loss on extinguishment of debt
 
(115
)
 
(13
)
Pretax contribution
 
115

 
241

Add: Income from continuing operations before taxes, attributable to noncontrolling interests
 
269

 
197

Less: Net equity in earnings of affiliates
 

 
20

Income from continuing operations before taxes and equity in earnings of affiliates
 
$
384

 
$
418

Adjusted PTC (1)
Total Adjusted PTC
 
Intersegment
 
External Adjusted PTC
Six Months Ended June 30,
2015
 
2014
 
2015
 
2014
 
2015
 
2014
 
(in millions)
US SBU
$
162

 
$
155

 
$
6

 
$
6

 
$
168

 
$
161

Andes SBU
172

 
157

 
8

 
4

 
180

 
161

Brazil SBU
62

 
184

 
1

 
1

 
63

 
185

MCAC SBU
156

 
160

 
9

 
14

 
165

 
174

Europe SBU
126

 
188

 
2

 
6

 
128

 
194

Asia SBU
42

 
31

 
1

 
1

 
43

 
32

Corporate and Other
(217
)
 
(292
)
 
(27
)
 
(32
)
 
(244
)
 
(324
)
Total Adjusted PTC
$
503

 
$
583

 
$

 
$

 
$
503

 
$
583

Reconciliation to Income from Continuing Operations before Taxes and Equity Earnings of Affiliates:
Non-GAAP Adjustments:
 
 
 
 
Unrealized derivative gains
 
17

 
32

Unrealized foreign currency losses
 
(44
)
 
(33
)
Disposition/acquisition gains (losses)
 
9

 
(1
)
Impairment losses
 
(36
)
 
(265
)
Loss on extinguishment of debt
 
(142
)
 
(147
)
Pretax contribution
 
307

 
169

Add: Income from continuing operations before taxes, attributable to noncontrolling interests
 
427

 
412

Less: Net equity in earnings of affiliates
 
15

 
45

Income from continuing operations before taxes and equity in earnings of affiliates
 
$
719

 
$
536

_____________________________
(1) 
Adjusted PTC in each segment before intersegment eliminations includes the effect of intercompany transactions with other segments except for interest, charges for certain management fees and the write-off of intercompany balances.
Assets By Segment Table
Total Assets
 
June 30, 2015
 
December 31, 2014
 
 
(in millions)
US SBU
 
$
10,089

 
$
10,062

Andes SBU
 
8,349

 
7,888

Brazil SBU
 
7,790

 
8,439

MCAC SBU
 
5,031

 
4,948

Europe SBU
 
3,497

 
3,525

Asia SBU
 
3,127

 
2,972

Assets of held-for-sale businesses
 
158

 

Corporate and Other & eliminations
 
543

 
1,132

Total Assets
 
$
38,584

 
$
38,966