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Segment Information (Tables)
9 Months Ended
Sep. 30, 2014
Segment Information  
Schedule of segment reporting of net sales, operating income and total assets

 

 

 

 

Three Months Ended
September 30,

 

Nine Months Ended
 September 30,

 

(in millions)

 

2014

 

2013

 

2014

 

2013

 

Net Sales

 

 

 

 

 

 

 

 

 

North America

 

$

805.6

 

$

948.7

 

$

2,362.0

 

$

2,835.3

 

South America

 

307.6

 

322.8

 

906.2

 

992.3

 

Asia Pacific

 

205.8

 

204.8

 

594.3

 

600.5

 

EMEA

 

141.3

 

135.4

 

437.6

 

400.9

 

Total

 

$

1,460.3

 

$

1,611.7

 

$

4,300.1

 

$

4,829.0

 

 

 

 

 

 

 

 

 

 

 

Operating Income

 

 

 

 

 

 

 

 

 

North America

 

$

113.1

 

$

96.6

 

$

288.7

 

$

308.2

 

South America

 

27.4

 

18.8

 

73.8

 

79.5

 

Asia Pacific

 

27.0

 

23.6

 

80.1

 

70.2

 

EMEA

 

22.2

 

17.4

 

68.7

 

53.6

 

Corporate (a)

 

(11.6

)

(19.5

)

(48.2

)

(59.4

)

Total

 

$

178.1

 

$

136.9

 

$

463.1

 

$

452.1

 

 

 

(a)

Includes $7 million of income relating to a tax indemnification agreement with an offsetting expense of $7 million recorded in the provision for income taxes for the three months and nine months ended September 30, 2014 (see also Note 11).  Additionally, includes a $5 million gain from the sale of a non-consolidated affiliate and $4 million of costs relating to product liability claims for the nine months ended September 30, 2014.

 

(in millions) 

 

At
September 30, 2014

 

At
December 31, 2013

 

Total Assets

 

 

 

 

 

North America

 

$

2,964 

 

$

3,008 

 

South America

 

1,014 

 

1,088 

 

Asia Pacific

 

740 

 

711 

 

EMEA

 

538 

 

553 

 

Total

 

$

5,256 

 

$

5,360