Segment Information

6 Months Ended

Jun. 30, 2012

Segment Information

Segment Information

4.Segment Information

The Company is principally engaged in the production and sale of starches and sweeteners for a wide range of industries, and is managed geographically on a regional basis.  The Company’s operations are classified into four reportable business segments: North America, South America, Asia Pacific and Europe, Middle East and Africa (“EMEA”).  Its North America segment includes businesses in the United States, Canada and Mexico.  The Company’s South America segment includes businesses in Brazil, Colombia, Ecuador, Peru and the Southern Cone of South America, which includes Argentina, Chile and Uruguay.  Its Asia Pacific segment includes businesses in Korea, Malaysia, China, Japan, Indonesia, the Philippines, Singapore, India, Australia and New Zealand and tapioca root processing operations in Thailand.  The Company’s EMEA segment includes businesses in the United Kingdom, Germany, South Africa, Pakistan, Kenya and Nigeria.

	Three Months Ended June 30,						Six Months Ended June 30,
(in millions)	2012			2011			2012			2011
Net Sales
North America	$	949.7		$	852.6		$	1,841.5		$	1,632.4
South America	349.1			390.3			716.6			758.0
Asia Pacific	208.1			201.4			397.2			383.3
EMEA	128.1			140.3			253.9			270.3
Total	$	1,635.0		$	1,584.6		$	3,209.2		$	3,044.0
Operating Income
North America	$	96.9		$	70.2		$	196.9		$	170.7
South America	47.3			47.6			92.9			96.9
Asia Pacific	22.9			22.4			43.2			41.1
EMEA	18.8			21.7			37.6			43.7
Corporate	(18.1		)	(16.5		)	(35.7		)	(31.0		)
Sub-total	167.8			145.4			334.9			321.4
Restructuring/impairment charges	(13.6		)	(2.5		)	(17.4		)	(2.5		)
Integration costs	(1.3		)	(8.0		)	(3.7		)	(15.0		)
NAFTA award	—			—			—			58.4
Total	$	152.9		$	134.9		$	313.8		$	362.3

(in millions)	At June 30, 2012		At December 31, 2011
Total Assets
North America	$	2,845	$	2,879
South America	1,166		1,218
Asia Pacific	811		757
EMEA	507		463
Total	$	5,329	$	5,317