BUSINESS SEGMENT INFORMATION The company defines its operating segments as components of its business where separate financial information is available and is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. The companys Chief Operating Decision Maker ("CODM") is the Chief Executive Officer. In the third quarter of fiscal year 2020, the company realigned its operations resulting in a change to its operating and reportable segments. As of the third quarter of fiscal year 2020, the reportable segments are (1) Commercial Truck and (2) Aftermarket and Industrial. Prior year reportable segment financial results have been recast for these changes. The company has two reportable segments at September 30, 2020, as follows:  The Commercial Truck segment supplies drivetrain systems and components, including axles, drivelines and braking and suspension systems, primarily for medium- and heavy-duty trucks and other applications in North America, South America, Europe and Asia Pacific. It also supplies a variety of undercarriage products and systems for trailer applications in North America. This segment also includes the company's aftermarket businesses in Asia Pacific and South America.  The Aftermarket and Industrial segment supplies axles, brakes, drivelines, suspension parts and other replacement parts to commercial vehicle and industrial aftermarket customers, primarily in North America and Europe. In addition, this segment supplies drivetrain systems and certain components, including axles, drivelines, brakes and suspension systems for military, construction, bus and coach, fire and emergency and other applications in North America and Europe. Segment adjusted EBITDA is defined as income (loss) from continuing operations before interest expense, income taxes, depreciation and amortization, non-controlling interests in consolidated joint ventures, loss on sale of receivables, restructuring expense, asset impairment charges and other special items as determined by management. Segment adjusted EBITDA excludes unallocated legacy and corporate income (expense), net. The company uses segment adjusted EBITDA as the primary basis for the CODM to evaluate the performance of each of its reportable segments. The accounting policies of the segments are the same as those applied in the Consolidated Financial Statements, except for the use of segment adjusted EBITDA. The company may allocate certain common costs, primarily corporate functions, between the segments differently than the company would for stand alone financial information prepared in accordance with GAAP. These allocated costs include expenses for shared services such as information technology, finance, communications, legal and human resources. The company does not allocate interest expense and certain legacy and other corporate costs not directly associated with the segment. Segment information is summarized as follows (in millions): Commercial Truck Aftermarket and Industrial Elims Total Fiscal year 2020 Sales: External Sales $ 2,080 $ 964 $  $ 3,044 Intersegment Sales 110 17 (127)  Total Sales $ 2,190 $ 981 $ (127) $ 3,044 Fiscal year 2019 Sales (1) : External Sales $ 3,307 $ 1,081 $  $ 4,388 Intersegment Sales 149 19 (168)  Total Sales $ 3,456 $ 1,100 $ (168) $ 4,388 Fiscal year 2018 Sales (1) : External Sales $ 3,171 $ 1,007 $  $ 4,178 Intersegment Sales 154 17 (171)  Total Sales $ 3,325 $ 1,024 $ (171) $ 4,178 (1) Fiscal years 2019 and 2018 have been recast to reflect reportable segment changes. Year Ended September 30, 2020 2019 2018 Segment adjusted EBITDA: Commercial Truck (1) $ 116 $ 342 $ 345 Aftermarket and Industrial (1) 150 175 142 Segment adjusted EBITDA 266 517 487 Unallocated legacy and corporate income (expense), net (2) 6 3 (13) Interest expense, net (66) (57) (67) Gain on sale of equity investment    Provision for income taxes (78) (82) (149) Depreciation and amortization (101) (87) (84) Loss on sale of receivables (4) (6) (5) Restructuring costs (27) (8) (6) Transaction costs (5) (6)  Asbestos related items (3)  31 (25) Pension settlement loss (4)   (6) Asset impairment charges (8) (10) (3) Income from WABCO distribution termination 265   Noncontrolling interests (4) (5) (9) Income from continuing operations attributable to Meritor, Inc. $ 244 $ 290 $ 120 (1) Fiscal years 2019 and 2018 have been rec ast to reflect reportable segment changes. (2) Unallocated legacy and corporate income (expense), net represents items that are not directly related to the company's business segments. These items primarily include asbestos-related charges and settlements, pension and retiree medical costs associated with sold businesses, and other legacy costs for environmental and product liability. (3) The year ended September 30, 2019 includes $31 million related to the remeasurement of the Maremont net asbestos liability based on the Plan. The year ended September 30, 2018 includes $25 million related to the change in estimate resulting from change in estimated forecast horizon and an asbestos insurance settlement. (4) The year ended September 30, 2018 includes $6 million related to the U.K. pension settlement loss. Year ended September 30, 2020 2019 (1) 2018 (1) Depreciation and Amortization: Commercial Truck $ 76 $ 73 $ 72 Aftermarket and Industrial 25 14 12 Total depreciation and amortization $ 101 $ 87 $ 84 Capital Expenditures: Commercial Truck $ 68 $ 88 $ 88 Aftermarket and Industrial 17 15 16 Total capital expenditures $ 85 $ 103 $ 104 September 30, 2020 2019 (2) Segment Assets: Commercial Truck $ 1,666 $ 1,745 Aftermarket and Industrial 658 729 Total segment assets 2,324 2,474 Corporate (3) 714 567 Less: Accounts receivable sold under off-balance sheet factoring programs (4) (154) (226) Total assets $ 2,884 $ 2,815 (1) Fiscal years 2019 and 2018 have been recast to reflect reportable segment changes. (2) Amounts as of September 30, 2019 have been recast to reflect reportable segment changes, including the reallocation of goodwill. (3) Corporate assets consist primarily of cash, deferred income taxes and prepaid pension costs. (4) At September 30, 2020 and September 30, 2019, segments assets include $154 million and $226 million, respectively, of accounts receivable sold under off-balance sheet accounts receivable factoring programs (see Note 8). These sold receivables are included in segment assets as the CODM reviews segment assets inclusive of these balances. Sales by geographic area are based on the location of the selling unit. Information on the companys geographic areas is summarized as follows (in millions): Year ended September 30, 2020 2019 2018 Sales by Geographic Area: U.S. $ 1,783 $ 2,622 $ 2,289 Canada 54 69 72 Mexico 147 249 221 Total North America 1,984 2,940 2,582 Sweden 202 276 311 Italy 166 234 243 United Kingdom 114 165 179 Other Europe 139 91 103 Total Europe 621 766 836 Brazil 172 248 224 China 135 153 196 India 72 197 231 Other Asia-Pacific 60 84 109 Total sales $ 3,044 $ 4,388 $ 4,178 September 30, 2020 2019 Assets by Geographic Area: U.S. $ 1,458 $ 1,504 Canada 35 39 Mexico 190 197 Total North America 1,683 1,740 Sweden 136 130 Italy 111 81 United Kingdom 270 241 Other Europe 269 173 Total Europe 786 625 Brazil 132 187 China 130 124 India 76 84 Other Asia-Pacific 77 55 Total $ 2,884 $ 2,815 Sales to AB Volvo represented approximately 21 percent, 22 percent and 23 percent of the companys sales in fiscal years 2020, 2019 and 2018, respectively. Sales to Daimler AG represented approximately 17 percent, 19 percent and 17 percent of the companys sales in fiscal years 2020, 2019 and 2018, respectively. Sales to PACCAR represented approximately 12 percent, 13 percent and 12 percent of the company's sales in fiscal years 2020, 2019 and 2018, respectively. Sales to Navistar represented approximately 8 percent, 10 percent and 9 percent of the companys sales in fiscal years 2020, 2019 and 2018, respectively. No other customer comprised 10 percent or more of the companys total sales in any of the three fiscal years ended September 30, 2020.