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Segment Information
9 Months Ended
Sep. 28, 2019
Segment Reporting [Abstract]  
Segment Information
Segment Information
The Company manufactures and distributes a broad portfolio of products, primarily through independent direct sales consultants. Certain operating segments have been aggregated based upon geography, consistency of economic substance, products, production process, class of customers and distribution method.
The Company's reportable segments primarily sell design-centric preparation, storage and serving solutions for the kitchen and home through the Tupperware® brand. Europe includes Avroy Shlain® in South Africa and Nutrimetics® in France, which sell beauty and personal care products. Some units in Asia Pacific also sell beauty and personal care products under the NaturCare®, Nutrimetics® and Fuller® brands. North America also includes the Fuller Mexico beauty and personal care products business, and sells products under the Fuller Cosmetics® brand in that unit and in Central America. South America also sells beauty products under the Fuller®, Nutrimetics® and Nuvo® brands.
Worldwide sales of beauty and personal care products totaled $60.5 million and $66.6 million in the third quarters of 2019 and 2018, respectively, and $190.0 million and $214.9 million in the respective year-to-date periods.
 
13 weeks ended
 
39 weeks ended
(In millions)
September 28,
2019
 
September 29,
2018
 
September 28,
2019
 
September 29,
2018
Net sales:
 
 
 
 
 
 
 
Europe
$
98.9

 
$
112.3

 
$
359.0

 
$
388.9

Asia Pacific
148.8

 
170.0

 
460.4

 
522.2

North America
103.5

 
123.3

 
347.8

 
395.1

South America
66.9

 
80.2

 
213.5

 
257.6

Total net sales
$
418.1

 
$
485.8

 
$
1,380.7

 
$
1,563.8

Segment profit:
 
 
 

 
 
 
 
Europe
$
(0.9
)
 
$
1.0

 
$
29.6

 
$
28.5

Asia Pacific
32.7

 
43.7

 
99.9

 
127.0

North America
3.3

 
17.6

 
41.1

 
59.3

South America
11.3

 
15.6

 
33.3

 
50.7

Total segment profit
$
46.4

 
$
77.9

 
$
203.9

 
$
265.5

Unallocated expenses
(7.6
)
 
(8.6
)
 
(22.0
)
 
(32.5
)
Re-engineering and impairment charges (a)
(7.5
)
 
(3.0
)
 
(15.9
)
 
(12.7
)
Impairment of goodwill and intangibles
(19.7
)
 

 
(19.7
)
 

Gain on disposal of assets
12.1

 
1.5

 
11.1

 
16.1

Interest expense, net
(9.8
)
 
(10.7
)
 
(29.8
)
 
(32.3
)
Income before taxes
$
13.9

 
$
57.1

 
$
127.6

 
$
204.1

(In millions)
September 28,
2019
 
December 29,
2018
Identifiable assets:
 
 
 
Europe
$
299.9

 
$
291.0

Asia Pacific
307.1

 
281.2

North America
270.3

 
250.9

South America
133.7

 
125.0

Corporate
324.9

 
360.7

Total identifiable assets
$
1,335.9

 
$
1,308.8

_________________________
(a) 
See Note 7 to the Consolidated Financial Statements for a discussion of re-engineering and impairment charges.